The President of the Republic, Laurentino Cortizo Cohen met this Thursday with the CEO of the company AXON, Rick Smith, who explores the possibility of investing in Panama. The company AXON is analyzing to establish in Panama a manufacturing and logistics operation of its products for Latin America. In this regard, Smith indicated that the […]
The Panama hat is infamously misnamed. The handmade straw headgear actually hails from Ecuador. Construction workers building the Panama Canal wore the hats, though, as their wide brims protected them from the harsh hot sun. In 1906, President Theodore Roosevelt inspected the construction of the canal in a white linen suit topped off with one […]
According to the Economic Commission for Latin America and the Caribbean (ECLAC), economic growth for 2022 in Central America and Mexico would be 2.5%, while Panama would lead the ranking with 7.0%. The country’s figure triggers a decrease after the forecasts given by ECLAC at the beginning of the year when it calculated an index […]
The Plenary of the National Assembly approved in the third debate Bill 174, which creates the Isla Iguana Wildlife Refuge Board, in the district of Pedasí, in the province of Los Santos. According to this legislative initiative, proposed by Deputy Eric Broce, the Isla Iguana Wildlife Refuge Board will be a public and social order […]
The humanitarian decree for applications for family reunification of Venezuelans within Panama was repealed. This was reported by the government of that country through its Official Gazette. There he also announced that the measure entered into force on August 24. This means that any citizen from Venezuela who wishes to enter the nation of Central […]
Floating homes, luxury living and smart home technology aren’t necessarily things that tend to go hand in hand. But Ocean Builders, a Panama-based company that specializes in innovative marine technology, has just unveiled a fleet of “revolutionary living pods” that manage to bring all three together. Described as the “world’s first eco-restorative homes,” the pods, […]
Panama updated the guidelines and guidelines aimed at professionals who carry out the activities subject to supervision, in order to raise the level of compliance with a risk-based approach, strengthen the system of prevention of money laundering, in order to favor the competitiveness of the country. This was established in agreement No. JD-02-2022, which replaces […]
The secretary of the Nautical Tourism Association (ATN), Alessandro Risi, said that Panama has the potential to further develop nautical tourism, an activity that has the ability to permeate the entire value chain of the industry. Living the experience of traveling through the Panama Canal, diving and practicing water sports in the waters of Guna […]
The Central American Bank and the Republic of Korea approve a loan of $600 million to improve the public transport system in the districts of Arraiján and La Chorrera. With the development of the technical studies that derive from this cooperation, it is expected to provide Metro de Panamá S.A. with an analysis of the […]
A small U.S. solar company on Tuesday announced plans to open a solar panel factory in Panama to help the American industry reduce its reliance on Chinese-made goods. Universal Solar America LLC, an Arizona company that helps solar project developers procure panels, said its planned facility will help U.S. companies avoid tariffs, shipping delays and […]