Panama and Korea strengthen their agenda


News from Panama

Issues such as bilateral relations, cooperation in energy infrastructure and economic and commercial cooperation were addressed during a meeting between Panamanian Foreign Minister Janaina Tewaney Mencomo and the main political adviser in the Office of the President of the Republic of Korea, Jang Sung-Min, Senior officials highlighted the historic relationship between Panama and Korea that […]

January 6, 2023

MOP will invest $1.2 billion in works


News from Panama

The Minister of Public Works (MOP) has projected that 2023 will be a year of high execution in several projects in the country, where around $1.2 billion will be invested. Recently senior MOP officials carried out an inspection to verify the progress of the work of the study, design, construction and financing project for the […]

January 6, 2023

Ciudad Judicial will be Built in Veraguas for $40 million


News from Panama

In the Second Judicial District and, in particular, in the province of Veraguas, the Judicial Body has 24 jurisdictional dependencies. Of these, more than 50% have their headquarters in the district of Santiago; in addition to these jurisdictional instances, a significant number of judicial aid and storage units are added, housed in buildings leased for […]

January 6, 2023

Panama president says final contract presented to First Quantum


News from Panama

First Quantum Minerals  -2.4% in Tuesday’s trading after Panama’s President Laurentino Cortizo said the government had presented its final contract to regulate operations at the Cobra Panama mine, rejecting the miner’s legal proceedings to avoid halting operations at the copper complex. According to Reuters, First Quantum CEO Tristan Pascall flew to Panama over Christmas and met […]

January 6, 2023

Greece asks Panama to check possible money transfers from Qatar to MEP Kaili


News from Panama

Greek authorities have asked Panama for information regarding possible money transfers from Qatar to accounts belonging to MEP Eva Kaili, who’s currently detained in Brussels pending trial over corruption allegations. The chairman of Greece’s anti-money laundering authority, Charalampos Vourliotis, sent an urgent request to authorities in Panama — a well-known tax haven with a reputation […]

December 30, 2022