The risk rating agency Standard & Poor’s (S&P), ratified the long-term international rating of the Central American Bank for Economic Integration (BCIE) in “AA”; with a stable outlook. According to the rating agency, this ratification reflects the financial strength of the BCIE, based on a prudent administration of its balance sheet through conservative financial policies. […]
Panama continues to stand out as a benchmark in the international real estate market, driven by the sustained growth of this sector and its commitment to excellence, innovation and economic development. In this context, the Deputy Minister of Industries and Commerce, Eduardo Arango, together with the director of the Technical Board of Real Estate of […]
Panama, which will assume a seat as a non-permanent member of the UN Security Council in January, lamented on Sunday the decision of the Central American Parliament (Parlacen) to approve a request to incorporate Russia as an observer. The Panamanian government “deeply regrets the untimely decision of the Central American Parliament to grant Permanent Observer […]
Tocumen International Airport made available to its users the new Medical Emergency Clinic (CUM), to provide assistance to passengers who enter, leave or are in connection through Panama and present some health condition. This clinic, which will be located in the connecting building between terminals 1 and 2 of the airport, meets the requirements in […]
Más Móvil will have an expansion footprint in 366 sites covering Panama City that will benefit from the new 5G functionalities Six months after having started the first pilots in a controlled environment of the fifth generation mobile networks, Más Móvil officially announces the activation of the initial phase of the 5G network in Panama. […]
The Committee on Education, Culture and Sports of the National Assembly approved in the first debate the bill No. 98, which guarantees a minimum investment of 1% of GDP in science, technology and research in Panama from 2029, a project that establishes a progressive increase from 2025, adjusted annually according to economic growth. Half of […]
The strong commitment to transparency, their human sensitivity and the search for innovative solutions, characterize the career of more than 25 years of the general director of the Social Security Fund, Dino Mon Vásquez, who arrives at the institution with the mission of promoting a new era of efficiency and quality of service for the insured. […]
According to the Ministry of Economy and Finance (MEF), the automotive industry in Panama has contributed more than US$280 million in tax revenues during 2024, highlighting its fundamental role in the economic development of the country. Of the total amount collected, US$150 million comes from the Selective Consumption Tax (ISC) applied to the sale of […]
The UK Embassy in Panama and the Sustainable Panama Foundation (PASOS) signed a Memorandum of Understanding to develop a rainwater collection project, funded by the Great Challenge Fund, which will benefit the country’s rural communities, starting with the community of El Retiro, Antón, in the province of Coclé. The project seeks to mitigate the challenges […]
Three prominent experts have analyzed Panama’s residential real estate market, concluding that this 2024 could show a remarkable recovery, with figures that resemble those of 2019. Analysts highlighted that the growth of the Panamanian economy and the decrease in unemployment are key factors in this revitalization. However, they expressed concern about legal certainty and interest […]