In the official gazette on Wednesday, October 16, the decree was promulgated which the Republic of Panama agrees to a financing of US$ 1 billion with the JP Morgan Chase bank. According to the document, these funds will be used to support and finance the 2024 budget, and a six-month (4.4% at this time) plus […]
Panama is at the est of a transformation in its financial market with the possible regulation of cryptocurrencies and the tokenization of assets, according to specialist Alfredo Muñoz. In the conversation “Approximation to the Regulation of Digital Assets in Financial Markets”, held this week, Muñoz highlighted that regulation promises to revolutionize the management of financial assets. “The […]
The Federal Trade Commission (FTC) announced that consumer protection agencies from Costa Rica, the Dominican Republic, and Panama have joined a 2023 multilateral agreement with agencies from Chile, Colombia, Mexico, and Peru. This agreement, known as the Multilateral Memorandum of Understanding (MMOU), is focused on encouraging cooperation to combat cross-border fraud and illegal practices. By […]
The Spanish ambassador also showed interest in investing in infrastructure such as the Panama David train The Spanish ambassador, Guzmán Palacios, indicated that his country supports Panama to get out of the black list of tax havens in which the European Union (EU) insists on maintaining it. He reiterated that Spain will provide firm support […]
The risk rating agency Standard & Poor’s (S&P), ratified the long-term international rating of the Central American Bank for Economic Integration (BCIE) in “AA”; with a stable outlook. According to the rating agency, this ratification reflects the financial strength of the BCIE, based on a prudent administration of its balance sheet through conservative financial policies. […]
Panama continues to stand out as a benchmark in the international real estate market, driven by the sustained growth of this sector and its commitment to excellence, innovation and economic development. In this context, the Deputy Minister of Industries and Commerce, Eduardo Arango, together with the director of the Technical Board of Real Estate of […]
Panama, which will assume a seat as a non-permanent member of the UN Security Council in January, lamented on Sunday the decision of the Central American Parliament (Parlacen) to approve a request to incorporate Russia as an observer. The Panamanian government “deeply regrets the untimely decision of the Central American Parliament to grant Permanent Observer […]
Tocumen International Airport made available to its users the new Medical Emergency Clinic (CUM), to provide assistance to passengers who enter, leave or are in connection through Panama and present some health condition. This clinic, which will be located in the connecting building between terminals 1 and 2 of the airport, meets the requirements in […]
Más Móvil will have an expansion footprint in 366 sites covering Panama City that will benefit from the new 5G functionalities Six months after having started the first pilots in a controlled environment of the fifth generation mobile networks, Más Móvil officially announces the activation of the initial phase of the 5G network in Panama. […]
The Panama Tourism Authority (ATP) met with the National Chamber of Indigenous Tourism (CANATURI) to promote indigenous tourism in the country, highlighting the importance of the inclusion of indigenous peoples in sustainable tourism development. At the meeting, strategies were addressed to increase the visibility of indigenous destinations and create products that reflect their traditions. The […]