The Security Ministers of Costa Rica and Panama announced on Monday the implementation of bus routes as a “humanitarian and regulated” strategy to attend to the return of migrants in their countries, given the policies implemented by the United States Government. When inaugurating a customs in Peñas Blancas, Costa Rica, the Minister of Security of […]
A Hong Kong-based conglomerate has agreed to sell its controlling stake in a subsidiary that operates ports near the Panama Canal to a consortium including BlackRock Inc., effectively putting the ports under American control after President Donald Trump alleged Chinese interference with the operations of the critical shipping lane. In a filing, CK Hutchison Holding […]
2025 has brought good news for the export area in Panama, since so far this year there has been growth in this sector. For the above, a total of 76.9 million dollars has been reached in the first month, which represents an increase of 14 million dollars (22.3%) compared to January 2024, when registered exports were 62.9 […]
The business representative of Laboratorios BASI, from Portugal, Carlos Novais de Araujo, expressed the interest of the pharmaceutical group in offering the country high-quality drug options at affordable prices. BASI Laboratories’s mission is to develop, manufacture, market and distribute medicines and therapeutic solutions globally, supported by the excellence of European quality and innovative technologies, in […]
According to the Labor Code of Panama, specifically article 46, Carnival Tuesday is a mandatory day of rest for all workers in the country. This article was modified by Laws No. º 55 of November 7, 2001 and N. º 305 of December 31, 2001, which include other days of rest for national holidays or days of mourning. […]
The Norwegian-flagged vehicle carrier Hoegh Aurora paid US$500,000 to cross the Panama Canal and in passing became the largest vessel of its kind to use the expanded waterway setting a new record in maritime transport. With a capacity for 9,100 vehicles, the Hoegh Aurora not only carries standard cars, but also heavy equipment, such as […]
In 2024 the film industry in Panama reached a significant economic impact, generating US$29.9 million and creating more than 2,000 direct and indirect jobs. This growth reflects the strengthening of the audiovisual sector in the country and its potential as an engine of economic and cultural development, in addition, the country has a growing infrastructure […]
The fourth edition of Credicorp’s Financial Inclusion Index (IIF) revealed that Panama is the second country in Latin America with the highest score in this index, advancing one place compared to 2023. The report highlights that Panama’s rise is mainly due to an increase in the holding of credit products within the financial system and […]
The process for the entry of a third mobile telecommunications operator in Panama is progressing firmly, as confirmed by Zelmar Rodríguez, administrator of the National Public Services Authority (ASEP), who explained that they are currently in a phase of evaluation and design of the bases for a public tender. He stressed that the objective is […]
Costa Rica and Panama signed a bilateral agreement to promote culture, art and creative industries, which includes exchanges in research, training in arts and cultural heritage, as well as courses, workshops, tours, conferences or internships. The agreement envisages promoting exchange programs in the fields of research, training in arts and cultural heritage, as well as in technical, […]