Seafood Exports increased by 32.5%
Panamanian exports of seafood increased by 32.5% by 2022, reflect economic indicators of the Office of the Comptroller General of the Republic.
Author: Adrian Prozzo
Columbia Sportswear opens the doors of a new store in Panama
The outdoor equipment brand Columbia Sportswear expands throughout the Central American region, the Caribbean and Venezuela. The company is committed to the new opening of stores to serve its men’s and women’s markets and settles in Panama. With a large-format store in the Multiplaza shopping center of Panama, Columbia continues to expand its presence in the region with […]
Panama and the European Union are looking for alliances to facilitate the electricity transition
For two days, representatives of the Government of Panama, the European Union and other strategic partners in the region will participate in the “EU-Panama Dialogue”: Financing the energy transition to explore forms of collaboration that facilitate the country’s transition to a carbon-free economy and contribute to meeting Panama’s climate change efforts. The event, which will […]
EnfraGen is the new owner of two solar farms located in Aguadulce and David, as well as a hydroelectric project in Gualaca, Chiriquí.
In an agreement between companies with a presence in the region, EnfraGen acquired from the energy company Celsia, a hydroelectric project and two solar farms that operated in Panama. Through a press release, Celsia reported that she reached an agreement with EnfraGen to sell her the Dos Mares hydroelectric unit, with a capacity of 119 MW, which […]
Why is it so hot in Panama? A meteorologist explains what happens
In recent weeks, wherever you are, the same question is heard: Why is it so hot in Panama? During these daily conversations, there is even talk of a heat wave in the country. To clear up doubts and answer some questions about this topic of general interest, we consulted the meteorologist Blas Córdoba, from the Institute […]
Why Panama is one of the destinations to invest in real estate
In recent weeks, wherever you are, the same question is heard: Why is it so hot in Panama? During these daily conversations, there is even talk of a heat wave in the country. To clear up doubts and answer some questions about this topic of general interest, we consulted the meteorologist Blas Córdoba, from the Institute […]
A Volunteer’s time in Panama sparks superfood startup
Simon Roca was working with his rural community in Panama on a variety of income-generating projects when COVID-19 hit in March 2020, triggering the evacuation of Peace Corps Volunteers around the globe. Though he departed after only nine months of service, Roca retained his desire to nurture economic opportunity in Panama. This desire ultimately led […]
Panama and Turkey sign a tourism collaboration agreement
Panama and Turkey signed a collaboration agreement that seeks to encourage the exchange of visitors between the two countries. The formalization of the agreement took place between the National Chamber of Tourism of Panama and Türsab, the Association of Travel Agencies of Turkey. According to a statement from the Ministry of Foreign Affairs, Turkey is a […]
World Bank approves USD 150 million to promote green growth in Panama
The Executive Board of the World Bank approved a loan for development policies worth USD 150 million for Panama, which will contribute to promoting sustainable and low-carbon growth and, at the same time, to generating greater climate resilience and better climate management, both essential aspects for greater inclusion and promoting sustainable growth for the benefit […]
Panamanian copper-free exports exceed US$1,000 million in 2022
Exports of Panamanian goods in 2022 amounted to a total of US$3,868.3, of which US$2,797 million correspond to copper and US$ 1,071 million to products without copper, the Ministry of Commerce and Industries of Panama reported. They explained that the US$1,071 million includes the exports of the productive sectors, which add up to US$855 million […]