The construction sector currently represents 15% of the national Gross Domestic Product (GDP), and a growth of 3% is projected by 2025, as announced by the president of the Panamanian Chamber of Construction (Capac), Alejandro Ferrer. During the presentation of an economic analysis of the sector in the first half of 2024, Ferrer highlighted a […]
The IAPA, for its part, valued the signing of both declarations as a “historical landmark” for Panama, focused on preserving freedom of expression and the press, the Panamanian Government highlighted. The president of Panama, José Raúl Mulino, ratified his commitment to freedom of expression and press, highlighting that his government has established important advances in […]
The Government of Panama received US$26.7 million from CCRIF SPC within 14 days of a rainfall event that affected that country during October 31 to November 4, 2024. According to reports, this event resulted in landslides, flooding, fallen trees, the collapse of some bridges and loss of crops in some areas. Some 1,500 people were […]
The National Secretariat of Science, Technology and Innovation (Senacyt) was represented by Mr. Franklin Morales, head of International Technical Cooperation, at the First Business Forum within the framework of the Free Trade Agreement between Korea and Central America (K-CAFTA), held on November 11 and 12 in San José, Costa Rica. Senacyt’s participation in this forum […]
The National Directorate of Export Promotion of the Ministry of Commerce and Industries (MICI) and representatives of the Economic Commercial Office of Peru (PROMPERU) in Panama held a meeting with the aim of exchanging ideas, exploring synergies and discovering new business opportunities between both countries. Eric Dormoi, National Director of Export Promotion, highlighted the shared […]
The Minister of Commerce and Industries (MICI), Julio Moltó, celebrated the recent alliance between the Telered and Discover Global Network payment processing networks, which aims to strengthen the electronic payment ecosystem in Panama through the evolution of the Key System. This collaboration not only promises to consolidate the payment infrastructure in the country, but also […]
The President of the Republic, José Raúl Mulino, said that the Panamanian Government wishes to maintain broad and open communication with the newly elected President of the United States, Donald Trump, who will assume power in January next year. “With him and his government I want to have a broad and open communication, as it […]
According to the results of the first phase of the Pilot Plan to evaluate the operational, economic and environmental feasibility of Natural Vehicle Gas (NGV) in Panamanian public transport buses, he highlighted that there is potential to reduce carbon emissions. Among the findings, it was shown that vehicles with identical capacities and geometric characteristics, and […]
Panama achieved a 100% renewable electricity generation to cover its demand of 1,437 MW, generating a surplus of 226.47 MW that were sent to other countries in the region to cover its deficit, the Ministry of Energy reported. A report from the institution indicates that this progress reaffirms Panama’s role as a key energy provider […]
The President of the Republic, José Raúl Mulino, in his usual Thursday conference with the media, said that he held a meeting with the president of Naturgy Francisco Reynés and the general manager of the company for Panama, Sebastián Pérez, to whom he raised the personal and collective discontent of all Panamanians about the terrible […]