The Government will extend the subsidy until January 15, 2023, keeping the price of the gallon at $3.25 for 91- and 95 octane, as well as low-sulphur diesel, with the aim of continuing the dynamization of the country’s economy. This subsidy represents a fiscal effort for the State in the midst of the austerity measures […]
Costa Rica and Panama are engaged in a trade dispute due to the trade blockade imposed by the Panamanians on Costa Rican food products. Therefore, as announced by the Minister of Foreign Trade, Manuel Tovar, Costa Rica is preparing to impose taxes on Panamanian goods that enter the national territory tax-free as a reprisal. “We […]
The government of Panama and energy companies, including SGP BioEnergy, announced Tuesday that they will add green hydrogen production to an advanced biorefinery in development. The facility plans to refine 180,000 barrels a day of biofuels, including sustainable aviation fuel (SAF), and generate 405,000 metric tons of green hydrogen annually. Producing green hydrogen will allow […]
The Interinstitutional Commission to Prevent, Deter and Eliminate Unreported and Unregulated Illegal Fisheries (INDNR) held a meeting this Friday at the Presidency of the Republic to publicize the progress of the inter-institutional action plan in relation to the observations made by the European Union (EU) in its last audit carried out in June of this […]
Many travelers dream of staying in top-of-the-line luxury hotels. But prohibitive prices often keep them away — especially now, as inflation drives up the cost of travel. For those who crave an upscale yet affordable getaway with an internationally branded hotel, however, there’s a place that should be on the radar: Panama. Luxury hotels in […]
In late October 2014, bad weather in western Panama grounded a kettle of raptors making their annual journey south for the season. The birds of prey don’t fly in bad weather—and October is the very end of Panama’s rainy season. “We kept seeing big reports coming in from Bocas Del Toro, but nothing was showing […]
TRIAL train operation is now in progress on the new branch extending Line 2 of the Panama Metro to Tocumen International Airport. The trials are taking place at weekends throughout October. During the trials, Panama Metro staff are being deployed at stations on Line 2 to prevent passengers from boarding the trains involved in the […]
The 11th edition of the Panama’s International Contemporary Dance Festival opened on Friday performing in Panama City’s subway station, showing passion for dance. “Yo en mí,” was performed by dancers Aleksandra Chakarova and Adrián Morales from the 5TA Esencia collective!
A $7.5 million loan to strengthen the Public-Private Alliance (APP) program was approved on September 29 by the Executive Board of the World Bank (WB). The loan, which will be allocated to the “Project of support for the development of the APP program for recovery in Panama,” is a final maturity period of 10 years […]
In Panama there is a public-private initiative that works to turn Panama into an E-Sports Hub, since in academic institutions such as Harrisburg University, educators are encouraged to use video games to complement student learning, and e-sports as an alternative to promote other skills among students. Experts from Harrisburg University, located in Pennsylvania with its […]