Panama agreed with South Korea on a collaboration on the railway


News from Panama

Panama signed a memorandum of understanding with the South Korean Ministry of Land, Infrastructure and Transport on strategic collaboration in the development of key infrastructures in the country. Representing Panama was Henry Faarup, secretary general of the Railway of Panama. According to a statement from the Presidency, this agreement establishes bilateral cooperation focused on the exchange of railway policies, laws […]

September 13, 2024

Nordea to pay $35 million to end Panama Papers-linked money laundering probe


News from Panama

European banking giant Nordea has agreed to pay $35 million to New York’s financial services watchdog following an investigation into the Helsinki-based bank’s alleged failure to prevent money laundering and other criminal activities, including some exposed in the Panama Papers leak. The New York State Department of Financial Services said it had identified “significant compliance failures” between […]

September 13, 2024

Panama, Colombia and El Salvador reinforce food safety standards


News from Panama

 Recently, the National Office of the Codex Alimentarius of the Ministry of Commerce and Industries (MICI) of Panama participated in a twinning event with Colombia. During this activity, scientific knowledge was exchanged and the food regulatory system was strengthened, aligning Panamanian practices with the international standards of the Codex Alimentarius. Joseph Gallardo, food engineer at […]

September 13, 2024

The Cabinet Council approved Decrees that authorize the creation of two trusts aimed at promoting the financing of Micro, Small and Medium Enterprises,


News from Panama

The Cabinet Council, headed by President José Raúl Mulino, approved on Tuesday the Cabinet Decrees that authorize the creation of two trusts aimed at promoting the financing of Micro, Small and Medium Enterprises, as well as promoting sustainable economic recovery through investments that contribute to improving the productivity and sustainability of the Panamanian productive fabric. […]

September 13, 2024

Panama can become a “hub” for robotic surgeries


News from Panama

Given the structures that the City of Health has, it could be a regional “hub” for the training of doctors who specialize in robotic surgeries. For Armando Melani, an oncological colorectal surgeon in Brazil, this hospital area has a simulation center and advanced technology, where robotic surgeries are performed in the areas of urology, gynecology […]

August 31, 2024

Mulino announced a Curfew to fight crime


News from Panama

The president of Panama, José Mulino, announced this Thursday (29.08.2024) that he will impose a curfew in two areas of the country to “clean” the streets of crime, and also ordered a purification in airports to face drug trafficking. The curfew that prevents the free movement of the population will apply from “nine at night to […]

August 31, 2024