As part of the investment financing strategy of the General State Budget 2024 February 22, 2024, the Republic of Panama, through the Ministry of Economy and Finance (MEF), successfully issued three Global Bonds on the international market, with maturities in 2031, 2038 and 2057, for a total amount of US$3.1 billion, at an average weighted coupon […]
The global technology company in the payment industry Mastercard and Banesco Panama and Mastercard, bring to the Panamanian market the first Touch Card debit card, for people with low vision. This financial solution is designed to help cardholders with low vision, to identify that they are using the right card only with the touch, by […]
In an effort to promote sustainability and the reduction of carbon emissions, Celsia and Chevron of Panama have announced an agreement for the installation and operation of a solar plant at the fuel terminal located in Bahía Las Minas, Colón. With an installed capacity of 4.03 MWp, this solar plant will allow Chevron to cover […]
Panama’s government expects to be a pioneer in the region through the centralisation of drug procurement. Law 419/2024, passed by the president on 1 February 2024, was created to guarantee the supply of medicines through centralised purchasing and as such, sanctions companies that fail to deliver medicines through a novel pharmacovigilance guide. This is the […]
Researchers have uncovered an ancient lord’s tomb filled with gold treasure —and sacrificial victims— at an archaeological park in Panama, officials revealed on Friday. The tomb, estimated to be about 1,200 years old, marks the area where an elite chief was buried along with possibly dozens of people who died to accompany him to the “beyond,” […]
Panama’s Electoral Tribunal has annulled the candidacy of former President Ricardo Martinelli in the presidential election set for May. The decision, announced late on Monday by the body’s president Alfredo Junca, appears to end Martinelli’s hopes of re-election. It comes a month after the former leader lost a bid to avoid a prison sentence for […]
The Food and Agriculture Organization of the United Nations (FAO) will implement two projects in Latin America and the Caribbean for a total of US$8.15 million, designed to strengthen the empowerment of rural women and promote sustainable development to address crucial challenges of climate change, food security and gender equality. The first project, called “Program […]
According to 2023 Homicide Statistics, the highest homicide rate among 20 Latin American and Caribbean countries surveyed was in Jamaica with 60.9 murders committed per 100,000 inhabitants. Ecuador came in second, with a homicide rate of 44.5. Jamaica and Ecuador climbing the ladder have surpassed Venezuela, Haiti and Honduras. In the same year, the lowest […]
Representatives of both countries discussed the possibility of identifying issues for technological development applied to agriculture and livestock, agricultural cooperation agreements, among other issues The Minister in charge of Agricultural Development of Panama, Alexis Pineda, met with the ambassador of Argentina to Panama, Sandra Rosana Pitta, with the interest of generating a scheme of cooperation […]
The Subcommittee on Population, Environment and Development of the National Assembly of Panama, has met to discuss and enrich Bill 1090, which seeks to strengthen environmental protection measures by promoting recycling and the circular economy, in addition to introducing other relevant provisions. The proposing deputy, Gabriel Silva, explains that the main objective of the bill […]