Category: News from Panama

FSU hosts International Health Equity and STEM Research Summit in Panama to foster global collaborations

News from Panama

Florida State University’s Center of Population Sciences for Health Equity (CPSHE) recently hosted the International Health Equity and STEM Research Summit in the Republic of Panama to foster collaborations between researchers, educators and policymakers in Panama and the U.S.  The summit, which took place Oct. 14-18 at the National Secretariat of Science, Technology, and Innovation (SENACYT) in […]

November 1, 2024

The Panamanian president warned that he will apply retaliation in tenders to the group of 27 to keep their nation as a money laundering center.

News from Panama

The president of Panama, José Raúl Molino, threatened on Tuesday to veto EU companies from future tenders in his country if the European bloc does not remove him from its list of tax havens. “Panama will not allow any country that keeps us on that list to participate in the international tenders that we have from next […]

October 25, 2024

Panama Banks’ Operating Environment Outlook Raised to Stable

News from Panama

 Fitch Ratings has revised the outlook on the operating environment (OE) score for Panamanian banks to Stable from Negative and affirmed the OE score at ‘bb+’. The challenges faced by the Panamanian banking system have been easing gradually, with credit growth, asset quality and profitability metrics performing better than expected. The improved business conditions are […]

October 25, 2024

Citi lends US$20 million to Banesco to finance SMEs

News from Panama

Citi structured a Commercial Social Loan for US$20 million for Banesco Panama, with the aim of extending productive credits to small and medium-sized enterprises (SMEs) throughout the country and promoting economic growth. This loan is Citi’s first social financing transaction for a Panamanian financial institution and is part of its international commercial credit offering. The […]

October 25, 2024

SGS Panama Control Services will be the company that will audit the copper concentrate stored in Mine

News from Panama

The company SGS Panama Control Services will be in charge of auditing the processed and semi-processed material in the mine, specifically the 132 thousand tons of copper concentrate that are currently stored in Minera Panamá facilities, located in the district of Donoso, province of Colón. The Minister of Commerce and Industries, Julio Moltó, announced the endorsement of the contract during […]

October 25, 2024