Panama seeks to consolidate itself as a leader in high quality teak production despite the low export


News from Panama

In 2024, Panama exported 6,500 containers of teak tucas, representing 9% of the Hindu market, the largest consumer of this type of wood worldwide, but, despite this achievement, exports in tucas continue to decline, according to Bianca Morán, president of the Panamanian Association of Exporters (APEX). Morán highlighted that the forestry sector faces an imbalance […]

January 3, 2025

Panama has three new plant species


News from Panama

Three new tree species have been identified for Panama. These are the plants Matisia petaquillae, Matisia changuinolana and Matisia aquilarum. Botanists José Luis Fernández-Alonso, of the Royal Botanical Garden of Madrid and Ernesto Campos, research technician of the Smithsonian Institute of Tropical Research (STRI) of Panama, named a total of six new species of trees for […]

December 20, 2024

Mulino: “There will be no taxes on solar energy”, improvements in self-consumption regulations are evaluated


News from Panama

The president of Panama, José Raúl Mulino, assured that no taxes will be implemented on solar energy, underlining the importance of maintaining competition in the energy market. He stressed that solar energy, along with other renewable sources such as wind energy, must be incentivized without increasing costs for users. “We cannot make energy more expensive […]

December 20, 2024

MICI and AZUCALPA analyze progress of the ethanol project to promote sustainable energy in Panama


News from Panama

 The Deputy Minister of Industries and Commerce, Eduardo Arango, met with representatives of the Sugars and Alcohols Association of Panama (AZUCALPA) with the aim of learning about the progress of the Ethanol project for Panama, after previous meetings with the Ministry of Energy and the oil companies. During the meeting, Cristina Thayer, executive director of […]

December 13, 2024

Panama strengthens the fight against illegal fishing


News from Panama

In order to eliminate illegal undeclared and unregulated fishing, the Panama Maritime Authority (AMP) and the Panama Aquatic Resources Authority (ARAP) signed a Framework Cooperation Agreement to strengthen the mechanisms of joint collaboration. The agreement contemplates the adoption of effective measures and controls, as well as the exchange of information, experiences and knowledge on inspections […]

December 13, 2024