Sojitz buys 100% of Grupo Sílaba in Panama


News from Panama

Silaba Motors S.A. (Grupo Sílaba) and Sojitz Corporation (Sojitz) reached an agreement on the sale of 100% of the shares of the former, who is the distributor in the Panama market of the Kia and Mazda brands. The transaction was supported by the financial advisor Siuma Capital Latin America (Siuma Capital). Sojitz is a Japanese […]

February 23, 2024

Panama Anti-Illicit Trade Meeting Kicks Off


News from Panama

The Meeting of the Parties to the Protocol to Eliminate Illicit Trade in Tobacco Products kicks off today in Panama City. The gathering brings together 68 parties that have been working together to halt illegal trade in tobacco products. The meeting, which will run until Feb. 15, is the third such gathering of the Parties to […]

February 16, 2024

79% probability that between April-June 2024, the El Niño phenomenon will move to the neutral phase


News from Panama

The latest update from the National Office of Oceanic and Atmospheric Administration (NOAA) has brought with it news about the progressive weakening of the El Niño phenomenon, as revealed by the Institute of Meteorology and Hydrology of Panama (IMHPA). Significant changes are expected in the climate landscape. The NOAA report and the IMHPA follow-up indicate a […]

February 16, 2024

Veterinary teams strengthen their strategies to face animal health emergencies in Central America


News from Panama

A total of 36 veterinarians from Central America gathered in Panama, to strengthen their capacities to respond quickly and effectively to outbreaks of animal diseases with potential impact on the health, food and livelihoods of millions of people in the region, with a view to the protection, sustainability and resilience of agri-food systems. This methodology, […]

February 16, 2024

Panama signs contract for the rehabilitation of the East Pan-American Highway for more than US$262 million


News from Panama

The Government of Panama signed a historic contract under the modality of Public-Private Partnership (APP) with the company Intervial Chile, S.A. The investment will be 262 million in two years, it will be allocated to the inaugural project of the Maintenance Program by Performance Standards, which includes the rehabilitation, improvement and maintenance of the East […]

February 16, 2024