President José Raúl Mulino announced a financing program of US$500 million, managed with the international banks Citi and BBVA, to boost the national economy through the Savings Bank. This plan will prioritize the support of small and medium-sized enterprises (SMEs), seeking to promote productive development and job creation throughout the country. With contributions of US$250 […]
NASA administrator Bill Nelson announced an official visit to Panama and the exhibition of space achievements at the Biomuseum in January 2025. Panama became the 49th country and the first in Central America to adhere to the Artemis Agreements, thus marking a milestone in its social, economic, environmental, scientific and technological development. The signing was carried out at NASA […]
The United States Embassy in Panama formally delivered the first fire station in the province of Darién, to the Benemérito Fire Department. The opening ceremony in Yaviza was attended by the Minister Counselor of the US Embassy, John Barrett, the Director General of the Fire Department, Víctor Álvarez, and Major General Javier Reina, of the […]
During this new period, about US$2.65 billion have been endorsed by the Comptroller General of the Republic in payments to state debts, money that will mobilize the country’s internal economy, President José Raúl Mulino reported during his weekly public conference. “This shows that when there is a will, things can be done,” Mulino said to […]
The general manager of the Savings Bank (CA), Andrés Farrugia, indicated that in the last six months alone, the financial institution has approved more than US$16 million in mortgage loans, with 13,500 new loans granted, reflecting a clear commitment to housing accessibility in the country. He added that in the last five years, the CA […]
Panama was elected to preside over the Group of Experts for the Control of Money Laundering (GELAVEX), during the period 2024-2025 during the 57th meeting of this organization. This election represents a recognition of the country’s sustained efforts in the fight against money laundering. In addition, this achievement highlights Panama’s commitment to transparency, international cooperation […]
The President of the Republic, José Raúl Mulino, signed the accession agreements to the integrationist mechanism with the presence of his peers from Argentina, Brazil, Paraguay and Uruguay, in addition to Bolivia recently incorporated as a full member. Panama will be the first country outside the South American region to acquire the status of Mercosur […]
The Directorate of Legal and Justice of the Mayor’s Office of Panama carried out an operation against noise on November 30 in the sectors of San Francisco, Tocumen, 24 de Diciembre, Juan Díaz, Bella Vista and San Felipe. In this operation, two shops were cited after measuring noise levels, in addition, the closure of two […]
In a strategic movement to boost economic growth and foreign investment, Panama and Argentina have intensified their trade relations. The recent visit of a delegation of Argentine businessmen to Panama has highlighted the potential of both countries to establish a strategic alliance that generates mutual benefits. The accession of Panama as an Associated State of […]
The credit portfolio of the International Banking Center (ICB) reached US$94.859 million as of October 2024, reflecting a year-on-year growth of 8.9% compared to the US$87.096 million recorded in the same period of the previous year, according to the Banking Activity Report (IB) issued by the Superintendence of Banks of Panama (SBP). This sustained growth […]