With the arrival of the first flights of the airlines Sunwing and Air Transat at Scarlett Martínez International Airport, located in Río Hato, province of Coclé, the season of charter flights from Canada began. These flights will directly connect passengers with the cities of Montreal, Quebec and Toronto, as part of the winter season in […]
In a breakthrough for digital connectivity in Latin America and the Caribbean, the companies Liberty Networks and Gold Data will develop the new underwater cable system “MANTA”, which will offer high-capacity and low latency routes between Panama, Mexico, Colombia and the United States, since this agreement combines the GD-1 and LN-1 submarine systems, and marks […]
Given the interest of Brazilian companies to invest in Panama, driven by the upcoming accession of this country to Mercosur as an Associated State, the Minister of Commerce and Industries, Julio Moltó, presented to a Brazilian business delegation the strategic advantages that the country offers, including its network of trade agreements and tax, labor and […]
José Raúl Mulino warned that irregular migrants who arrive in the Central American country will be fined between one thousand and five thousand dollars. Irregular migrants who enter Panama from Colombia through the Darién jungle, on their route to the United States, will be fined up to 5,000 dollars, Panamanian President José Raúl Mulino warned on Thursday (10/31/2024). “Any person who enters” the country […]
Naturgy has decided not to enter the solar panel installation market and, instead, will concentrate its efforts on improving the electricity service in Panama. This decision was communicated to the Panamanian Chamber of Solar Energy, which is active in the promotion of solar energy in the country. To date, Panama has 4,400 photovoltaic installations, of […]
To foster new opportunities for investment and collaboration, Panama has been actively engaging in discussions with international partners across various sectors. Recently, Panama’s Minister of Trade and Industry, Julio Moltó, participated in a video call with Gennadiy Chyzhykov, the president of the Chamber of Commerce and Industry of Ukraine. This meeting aimed to explore potential […]
With the intention of strengthening its network in Latin America, the company DP World, one of the world chains in logistics and supply chain, announced that it has opened an Integrated Logistics Services office in Panama City. According to the company, this expansion seeks to transform the local logistics sector through advanced infrastructure and innovative […]
In the official gazette on Wednesday, October 16, the decree was promulgated which the Republic of Panama agrees to a financing of US$ 1 billion with the JP Morgan Chase bank. According to the document, these funds will be used to support and finance the 2024 budget, and a six-month (4.4% at this time) plus […]
Panama is at the est of a transformation in its financial market with the possible regulation of cryptocurrencies and the tokenization of assets, according to specialist Alfredo Muñoz. In the conversation “Approximation to the Regulation of Digital Assets in Financial Markets”, held this week, Muñoz highlighted that regulation promises to revolutionize the management of financial assets. “The […]
The Federal Trade Commission (FTC) announced that consumer protection agencies from Costa Rica, the Dominican Republic, and Panama have joined a 2023 multilateral agreement with agencies from Chile, Colombia, Mexico, and Peru. This agreement, known as the Multilateral Memorandum of Understanding (MMOU), is focused on encouraging cooperation to combat cross-border fraud and illegal practices. By […]