In order to facilitate Panamanian access to the banking system, executives of the Panama Banking Association (ABP), met with the President of the Republic, José Raúl Mulino, to achieve some points in consensus towards that objective. President Mulino said that he is very interested in banking for Panamanians, so that everyone has a bank account, […]
The Panama Canal expects to be ready to combat a possible new drought, which could hit the world’s second-largest waterway within four years, by accommodating larger vessels, securing dedicated passage for some ships and expanding its water reservoirs’ capacity, its chief, Ricaurte Vasquez, said on Monday. The canal authority has announced a return to 36 […]
Panama’s Secretary of Energy, Juan Manuel Urriola, announced that the country is preparing to relaunch ethanol production as part of a strategy to position itself as a regional leader in biofuels. The announcement was made during the “Regional Ethanol Seminar”, where the importance of this initiative to promote a more sustainable energy future in the […]
The International Finance Institute published on July 1, 2024 the “Report on Investor Relations and Debt Transparency, 2024″ in which they recognize the effort of the Republic of Panama to improve performance in its Investor Relations. This report is based on tangible evidence about the ease and transparency of access to information about the debt of […]
The government seeks to attract companies in the sector, also to establish an infrastructure that supports growth and innovation in the pharmaceutical field As part of the Government’s strategy to position Panama as a regional pharmaceutical hub, the Minister of Trade and Industries, Julio Moltó, met with representatives of the United Nations Industrial Development Organization […]
Panama on Tuesday started repatriating undocumented migrants on flights financed by the United States. The move comes less than two months after José Raúl Mulino was sworn in as Panama’s president. Mr Mulino campaigned on a promise to “close” the Darién Gap, the dangerous stretch of jungle which more than half a million migrants crossed […]
Promoting recycling and responsible fashion is the goal that Crystal Beer seeks, after launching the “This goes for Nature” campaign. From Aagosto, people, both in Panama and in Chiriquí, will be able to redeem points accumulated for their recycling efforts for exclusive garments from the “Barú Collection”, a sustainable clothing line that promotes the care […]
The shipping company Royal Caribbean Group, reaffirmed its commitment to operate with Panama as the nerve center of its operations in Latin America, so it reinforces the strategic relationship it has maintained with the country since 2008, when it became the first cruise line to establish operations in Panama as a Home Port throughout the […]
With a long-term investment of US$1 billion, the Ciudad del Norte project has been launched, which aims to boost the economy of the area and in the creation of jobs. The project, according to its investors, seeks to transform the northern area of the city through the construction of residential and commercial homes and buildings […]
The Cabinet Council has approved Resolution No. 78-24, which declares the cable car project that will be developed in the districts of Panama and San Miguelito to be of public interest. This project, which will be executed under the modality of Administrative Concession System, seeks to improve connectivity in areas that are currently not adequately […]