The Austin Powder company has announced the start of the transport of the white crystalline solid compound, commonly used in mining activities, due to the suspension of operations in the Panama Copper mine. This material, stored in the warehouse of the international port of Punta Rincón, will be re-exported under strict safety standards and legal […]
With the aim of facing the challenges of the European Union Green Deal, which will require supply chains free of deforestation from the end of 2025, the Ministry of Trade and Industries (MICI) and the Panamanian Association of Exporters (APEX) work together to ensure compliance with these regulations. An inter-institutional technical table has been created […]
With the celebration of the ACOBIR International Real Estate Congress, which will be held from January 22 to 25, Panama will once again become the epicenter of the real estate sector, where it will bring together more than 20 prominent national and international lecturers, real estate brokers, investors and sector leaders to explore market opportunities […]
The Deputy Minister of Health, Manuel Zambrano Chambi, announced important changes in the protocol for purchasing and registering medicines in Panama, and one will be that medicines certified by international agencies such as the FDA of the United States or the EMA of Europe can be automatically registered in Panama, provided that they comply with […]
The McDonald’s restaurant chain will continue operating in Panama for the next 20 years thanks to the renewal of the contract between the fast food company and its franchisee in Latin America, Arcos Dorados Holding. The new agreement, which entered into force on January 1, 2025, includes an extension option for another 20 years and […]
An inter-institutional cooperation agreement for the protection of the oceans and the marine environment was signed by the Ministry of the Environment (MiAmbiente) and the Panama Maritime Authority (AMP). The agreement establishes a regulatory framework to authorize and regulate navigation in Panamanian jurisdictional waters, allowing the participation of ships that, free of charge, will support […]
IFZA, one of the main free zone operators in the United Arab Emirates, will open a new free zone in Panama during the first quarter of 2025, reported the Deputy Minister of Industries and Trade, Eduardo Arango, who held a virtual meeting with Markus Raiser, executive of IFZA, in which the expansion plans of this […]
By 2025, Panama is shaping up with moderate economic growth, with estimates ranging between 3% and 5%, according to various international organizations, this performance represents a significant rebound compared to 2024, a year in which a growth close to 2% is expected, marked by a slowdown in several sectors. Economist Raúl Moreira points out that […]
The United States National Office of Oceanic and Atmospheric Administration (NOAA) officially declared the arrival of the La Niña Phenomenon in the region. In a statement, this agency points out that La Niña’s conditions are present and are expected to persist until April 2025 (59% probability). NOAA indicates that La Niña conditions have emerged since […]
With the signing of a strategic agreement with Davivienda to integrate its operations in Colombia, Costa Rica and Panama, Scotiabank will obtain approximately 20% of a stake in the new combined operation and a seat on the board of directors, thus ensuring its continued presence in the markets where it operates. This strategic alliance with […]