The presidents of Panama, José Raúl Mulino, and of Ukraine, Volodymyr Zelensky, agreed to open the first Ukrainian embassy in Panama by 2025, in an action that seeks to strengthen diplomatic and commercial relations between the two countries. This new diplomatic headquarters, located in Panama City, will allow Ukraine to establish a strategic connection with […]
In an effort to promote the development of the maritime industry, the Minister of Commerce and Industries (MICI), Julio Moltó, received representatives of Ocea, a prominent shipbuilding company interested in investing in Panama, through a project to install a shipyard for the maintenance and construction of ships. The delegation, headed by engineer Yorgo Hernández, director […]
The President of the Republic, José Raúl Mulino, today asked the new diplomatic team that will accompany his government to make Panama’s voice heard abroad in rejection of the discriminatory lists that affect the country’s international image. “The country that has us on these lists will not be entitled to anything from Panama, neither to […]
Panama considers as the beginning of a global trend towards reducing the cost of money in dollars, the announcement of the interest rate reduction of the United States Federal Reserve (FED), according to the Minister of Economy and Finance, Felipe Chapman, who described the news as positive for both the world and the country. “Good […]
The rating agency Fitch Ratings has confirmed the ‘A+(pan)’ rating with Stable Outlook for Xtra Supermarkets, both in its long-term financial position and in the issuance of bonds for USD 250 million. The measure reflects the solid financial health of the chain and its ability to fulfill its obligations of one of the largest supermarket […]
The Panamanian president, José Raúl Mulino, officially started this Wednesday (09.18.2024) the construction and coating work of the first underwater transport tunnel that will pass under the Panama Canal, a major engineering work intended for Metro Line 3. “Put in motion the tunneling machine that will build the tunnel of Line 3 of the Panama Metro, which […]
The company of Argentine origin dedicated to foreign trade, logistics and customs, Interborders, is committed to becoming one of the main competitors of the Panamanian market and expanding regionally. The CEO and founder of Interborders, Lucas Bianchi, indicated that as part of its start-ups in Panama, the company has created 15 direct jobs and about […]
The Bogotá Free Trade Zone (ZFB) has announced its international expansion to Panama, reinforcing its position as a global reference industrial hub, so through the Panamanian market it seeks to boost the competitiveness and logistical efficiency of its users in the region. According to the executive president of Grupo ZFB, Juan Pablo Rivera, the free […]
By mid-2025 the first construction work could be taking place with hiring people in the field, mobilization of equipment, earth movement and the camp, according to the Project Manager in David, engineer Nicolás Posada. According to Posada, to start in this constructive phase that will begin to be two years of construction, the total number […]
The Maritime Authority of Panama (AMP) held a meeting with the owners of marinas in Bocas del Toro to plan strategies that speed up maritime processes and promote the arrival of sailboats, yachts and megayachts to the national territory. In this initial meeting, the Deputy Administrator General of the AMP, Alexander De Gracia, spoke with […]