The Institute of Meteorology and Hydrology of Panama (IMHPA) reports on the beginning of the rainy season in Panama, marking the transition period from the dry to the rainy season. Climatological analyses indicate the presence of conditions conducive to this change, which will bring with it the much-needed precipitation for the country. Experts have carried […]
Ricardo Perez, S.A. announced as part of its sustainability strategy, that through its Lexus brand it will carry out the “Lexus Green Path” initiative, aimed at reducing greenhouse gases, adequate waste management, reforestation and protection of the oceans. Part of this includes that for every Lexus Hybrid car sold in the country, a tree will […]
The Minister of Economy and Finance (MEF), Héctor Alexander, was part of the delegation of ministers, vice-ministers and directors who accompanied the President of the Republic, Laurentino Cortizo, to the site where the fourth bridge over the Panama Canal will be built. The construction of the bridge with a length of 3.6 kilometers including the […]
In a significant decision for the Republic of Panama, which undoubtedly has positive effects for the country’s economy, the European Union Commission has announced the elimination of Panama from the European Union’s list of high-risk countries due to strategic deficiencies in the prevention of money laundering and terrorist financing. After examining the progress presented by […]
The event will offer a powerful program that celebrates the return to movie theaters, according to its organizers. Those present will be able to enjoy a selection of 32 films from various corners of the world, with a special focus on Panama, Central America and the Caribbean. In addition, among the scheduled activities, the general […]
In May 2022, during a submarine expedition to the Cordillera de Coiba seamounts in Pacific Panama, a remarkable discovery unfolded: the sighting of twelve prickly sharks (Echinorhinus cookei), a rare bottom-dwelling species. This marked the first documented living evidence of the species in Panama’s eastern Pacific region. The findings were recently described in the Journal of […]
As part of the investment financing strategy of the General State Budget 2024 February 22, 2024, the Republic of Panama, through the Ministry of Economy and Finance (MEF), successfully issued three Global Bonds on the international market, with maturities in 2031, 2038 and 2057, for a total amount of US$3.1 billion, at an average weighted coupon […]
The global technology company in the payment industry Mastercard and Banesco Panama and Mastercard, bring to the Panamanian market the first Touch Card debit card, for people with low vision. This financial solution is designed to help cardholders with low vision, to identify that they are using the right card only with the touch, by […]
In an effort to promote sustainability and the reduction of carbon emissions, Celsia and Chevron of Panama have announced an agreement for the installation and operation of a solar plant at the fuel terminal located in Bahía Las Minas, Colón. With an installed capacity of 4.03 MWp, this solar plant will allow Chevron to cover […]
Panama’s government expects to be a pioneer in the region through the centralisation of drug procurement. Law 419/2024, passed by the president on 1 February 2024, was created to guarantee the supply of medicines through centralised purchasing and as such, sanctions companies that fail to deliver medicines through a novel pharmacovigilance guide. This is the […]