A Panamanian court has acquitted 28 people charged with money-laundering under cases linked to the Panama Papers and “Operation Car Wash” scandals, the country’s judicial branch said in a statement on Friday. It did not provide names of the people who were acquitted. Judge Baloisa Marquinez ordered that precautionary measures be lifted against all the […]
The operator of the KFC and DQ restaurant chain in Panama, Franquicias Panameñas, S.A. announced that all the restaurants of both chains throughout the country will be operated by Platinum Brands, S.A. According to a statement from the company, this strategic alliance represents for them to achieve growth and consolidation in the market, where Platinum […]
With the publication in the Official Gazette of Ministerial Resolution 2024-1529 of June 20, 2024, by which the Sustainable Financing Framework of the Republic of Panama is adopted, the State will be allowed to issue thematic bonds and/or contract green, social and/or sustainable loans in order to partially or totally finance new or existing projects […]
The Bimbo company, through its bakery that operates in Panama, seeks to export to Central America products that are made and have their consumption exclusively in the country, although they are already exporting rasin bread to Costa Rica, as indicated by Vivian Carles, General Manager of the company. “Panama has a taste for special breads, […]
In a speech to the Bolivarian Society of Panama, the president-elect of Panama José Raúl Mulino affirmed his determination to rescue and preserve the Republican State as the cornerstone of the government, highlighting the urgent need to preserve, protect and promote it. He expressed concern about the deterioration of the Panamanian judicial system, which, according […]
The president-elect of Panama, José Raúl Mulino appointed engineer Henry Josep Faarup Mauad as director in charge of the construction of the Panama-David railway project, one of the most ambitious projects of the new Government. At a press conference, Mulino assured that Faarup Maud will have the advice of the engineer Roberto Roy, who holds […]
Dell in Panama has the only Global Services Command Center in Latin America, out of only 6 in the world. 40 years ago, Michael Dell founded PC’s Limited with $1,000 and a revolutionary dream of changing the way technologies are designed, manufactured and sold. From his bedroom in Austin, Texas, he began a journey that […]
The Council of the Global Environment Facility (GEF), approved the financing of the project, called “Improving the governance of the sea basin to reduce the impacts on large transboundary marine ecosystems in the SICA region,” with an amount of US$ 20 million. The project aims to improve environmental sustainability, economic prosperity and climate resilience in […]
As part of the “Green Plate Plan” and achieving better standards of environmental preservation, the Municipality of Panama announced that owners of electric cars in the first five years will not have to pay road tax. According to the head of Municipal Treasury Collection, Ana Polo, the green plates are already being delivered, and she […]
Cuba and Panama were reconnected through the inauguration of a charter flight that the Cuban Aviation airline will carry out weekly on Monday and Friday. “With the takeoff of the IL96 aircraft from the José Martí International Airport to Tocumen Airport, the weekly charter operations linking the cities of Havana and Panama are officially inaugurated,” […]