The multinational company of Productos Extragel y Universal S.A., based in Peru, evaluates the investment opportunities offered by Panama, to create a food distribution center for Latin America and the Caribbean, taking advantage of the geographical advantage offered by the isthmus. The information was corroborated by directors of the General Directorate of Investment Attraction Marketing […]
Promoting measures to strengthen the capacity to reduce the impact of disasters is one of the objectives of a Memorandum of Understanding signed between the Republic of Panama and the Federative Republic of Brazil, in the field of humanitarian cooperation and disaster reduction. The document signed by the Minister of Government, Roger Tejada and the […]
Washington has barred former Panamanian President Juan Carlos Varela Rodriguez from entering the US over alleged corruption, US Secretary of State Antony Blinken said on Thursday. The former president has been charged with money-laundering in Panama alongside other high-ranking figures.
The company builds a plant in Gatún, Colón, and will invest $70 million in 2024 in seven solar parks in the West of the country, Los Santos and Chiriquí. The company AES Panama, in concept of the participation of the Panamanian State of 49% of the shares, gave the National Treasury a check, for the […]
The president of Panama, Laurentino Cortizo Cohen, received on Thursday, July 6 at the Palacio de Las Garzas the Prime Minister of South Korea, Han Duck-soo, with whom he addressed various issues such as bilateral and regional cooperation, trade, investments, infrastructure, resources and renewable energies. According to the Panamanian presidency, the head of the executive took […]
On Thursday, Panama became the first country in Latin America to accede to the UN Water Convention, which promotes the sustainable use of transboundary water resources. It is “a crucial commitment that reaffirms our leadership as a blue and green country worldwide,” said Panamanian Foreign Minister JanaIna Tewaney Mencomo, who presented the document signed by President Laurentino […]
Panama will take action to address the threats of illegal, unregulated and unregulated (IUU) fishing in its coastal marine areas, through the Ministry of Public Security (Minseg) and in partnership with the NGO Marine Protection Alliance (MPA). The Panamanian Government announced that through MPA’s SharkWater boat, missions will be carried out through surveillance, monitoring and […]
“We go where no one goes,” is Wandermut’s tagline, but one of the German tour agency’s packages has left people asking whether some places are better left unexplored. The travel startup’s 10-day Panama Jungle Tour has been criticised across Latin America in recent weeks for offering tour packages in a region which is home to one of […]
A new Fintech platform called TAFI, entered the Panamanian market aimed at the commercial management of sales agents, so that they can open accounts to offer financing for obtaining products or a credit card. TAFI and Mastercard join forces to offer this platform that aims to evolve the traditional model of catalog sales and enhance […]
A long-sought fourth bridge across the Panama Canal may finally advance to full-scale construction after five years of geopolitical wrangling and economic uncertainty. Consorcio Panamá Cuarto Puente (CPCP), the consortium of Chinese state-owned firms originally selected by Panama’s government in 2018 to design and build what was to be a 1,120-m-long two-tower cable-stay structure, has […]