Panama participated in the First Meeting of the Regional Program of the Organization for Economic Cooperation and Development (OECD) for Latin America and the Caribbean on Development Cooperation,” held in Madrid, Spain, with the aim of advancing the dialogue on the priorities of development cooperation between both parties and promoting innovative partnership measures, in order […]

In an effort to promote the transition of microentrepreneurs from informality to formality and outline a growth strategy, the Ministry of Commerce and Industries (MICI) and the Micro, Small and Medium Enterprise Authority (AMPYME), will work together. In this sense, the AMPYME presented to the MICI a pilot plan aimed at evaluating microenterprises with future […]

Migration through the Darien Gap dividing Colombia and Panama has declined significantly this month since Panamanian President José Raúl Mulino took office and ordered authorities to get control of the dense jungle frontier, the country’s border police said Wednesday. Still, migration through the Darien remains close to what it was in a record-breaking 2023, when more than […]

The Minister of Commerce and Industries of Panama, Julio Moltó, and the Deputy Minister of Foreign Trade, Carlos Hoyos, met with Carlos López, president of Chiquita Brands, who presented an overview of the company’s operations in the country. In a meeting focused on strengthening the business relationship, the president of Chiquita Brands, Carlos López, reaffirmed […]

With the aim of reactivating construction in the interior of the Republic, the Minister of Housing and Territorial Planning (Miviot), Jaime Jované, met with the promoters and investors of housing projects of social interest in the provinces of Chiriquí, Veraguas, Coclé, Herrera and Los Santos. The meeting with the real estate developers of the provinces, […]

According to the country’s Secretary of Energy, “the sanction is irreversible and funds will return to Panamanians,” and it is about “a crucial step towards transparency and accountability in the energy sector.” “The fine of 14 million dollars imposed on the Naturgy Company is definitive and cannot be appealed,” said Juan Manuel Urriola, National Secretary […]

The market for credit cards and digital wallets has experienced a revolution in payments in Panama in recent years. In 2023, approximately 330 million transactions were recorded, 30 million more than in 2022, according to recent data. This boom in electronic payments has strengthened financial inclusion, especially benefiting entrepreneurs and small producers. Experts from the […]

This green fuel refinery would become the largest in the region and would be located in the province of Colón, the MICI announced. The Minister of Commerce and Industries (MICI), of the Presidency and the National Secretary of Energy, received the group of investors from SGP Bioenergy and Sumitomo Corporation on behalf of the President of the Republic, […]

The Minister of Public Security of Panama, Frank Ábrego, reported through a statement that between four and five steps of the border with Colombia in the Darién area were closed. Ábrego said that the sites that have been closed are where irregular migrants entered Panama, led by “coyotes” (traffickers of people), from Colombia and that the purpose of […]