The document presented this week seeks for Panama to develop investments aligned with environmental protection and the Sustainable Development Goals After more than six years of work, the sustainable finance working group presented this week, the first taxonomy of sustainable finance in Panama and Central America. It is a classification system that defines “clear and […]
As part of the opening of the embassy of the Republic of Panama in Barbados, Chancellor Janaina Tewaney Mencomo, was received in the Caribbean country by the Prime Minister of Barbados, Mia Amor Mottley, and her counterpart Kerrie Symmonds, in order to address issues of common importance between the two countries. The diplomatic itinerary began […]
Panama will work in collaboration with the World Bank (WB) to continue reducing emissions and adapting to climate change through a new project that was approved on Friday, March 22, by the World Bank Executive Board. The second development policy loan (DPP) on Climate Resilience and Green Growth will underpin reforms aimed at decarbonizing the […]
The Government of Panama inaugurated the cruise port of Amador, located on Isla Perico, on the road of Amador. The terminal has an investment of US$206 million and will facilitate the arrival of tourists in the 2023-2024 season, which began in September 2023 with the arrival of a ship from Costa Rica. In September 2023, […]
Senior executives of companies that are members of the Semiconductor Industry Association (SIA), visited the Ministry of Commerce and Industries (MICI), to learn first-hand about the advantages that Panama offers for investors and to understand the incentives and regulatory frameworks it provides to this technology sector. The agenda of the US delegation included meetings focused […]
Next Monday, March 25, the inhabitants of Panama will have the opportunity to witness a Penumbral Eclipse, a phenomenon in which the Moon crosses the brightest part of the Earth’s shadow. The National Directorate of Space Sciences of the Technological University of Panama (UTP) reports that the Eclipse will be visible from the entire Panamanian territory. […]
The Institute of Meteorology and Hydrology of Panama (IMHPA) reports on the beginning of the rainy season in Panama, marking the transition period from the dry to the rainy season. Climatological analyses indicate the presence of conditions conducive to this change, which will bring with it the much-needed precipitation for the country. Experts have carried […]
Ricardo Perez, S.A. announced as part of its sustainability strategy, that through its Lexus brand it will carry out the “Lexus Green Path” initiative, aimed at reducing greenhouse gases, adequate waste management, reforestation and protection of the oceans. Part of this includes that for every Lexus Hybrid car sold in the country, a tree will […]
The Minister of Economy and Finance (MEF), Héctor Alexander, was part of the delegation of ministers, vice-ministers and directors who accompanied the President of the Republic, Laurentino Cortizo, to the site where the fourth bridge over the Panama Canal will be built. The construction of the bridge with a length of 3.6 kilometers including the […]
In a significant decision for the Republic of Panama, which undoubtedly has positive effects for the country’s economy, the European Union Commission has announced the elimination of Panama from the European Union’s list of high-risk countries due to strategic deficiencies in the prevention of money laundering and terrorist financing. After examining the progress presented by […]