Panama is ready to be the headquarters of the prestigious Caribbean International Classic 2023, which will bring together the most outstanding riders and trainers from around the world, said the executive secretary of the Game Control Board of the Ministry of Economy and Finance, Manuel Sánchez, and assured that the country will demonstrate to the […]
Panama has asked Canadian miner First Quantum Minerals (TSX: FM) to halt its Cobre Panama copper mine following a ruling by the Supreme Court that declared the mining contract for the operation unconstitutional. President Laurentino Cortizo took to social media late on Tuesday to announce his government had started “the transition process for the orderly and safe closure of […]
The Pan-Panama Cabinet Council approved an economic injection of more than US$90 million additional to the agricultural sector of what was budgeted for the fiscal validity of 2023, with the purpose of boosting national production and guaranteeing the food security of the Panamanian population, The redistribution of the funds allocated to the agricultural sector in […]
Panama will be the new headquarters of the Central American Regional Office of the International Telecommunication Union (ITU), after being approved by consensus of the Member States its transfer from Tegucigalpa, Honduras where it is currently located. A source from the Panamanian Foreign Ministry announced that the permanent representative of Panama to the United Nations (UN) […]
The Maritime Authority of Panama (AMP), reported that it issued the order to proceed to implement a new technological platform for the registration of ships with the intention of optimizing processes and facilitating access to information. The new technological platform that will use the Panamanian Ship Registry, is called the Maritime Procedures System and Electronic […]
The general manager of the Electric Transmission Company, S. A. (Etesa), Carlos Mosquera, said that progress is being made “consistently” in the construction of the fourth line, in order to increase the electricity transmission capacity. Mosquera said that the environmental impact study (EIA) is already being prepared on the fourth line and soon “we will […]
In an agreement between companies with a presence in the region, EnfraGen acquired from the energy company Celsia, a hydroelectric project and two solar farms that operated in Panama. Through a press release, Celsia reported that she reached an agreement with EnfraGen to sell her the Dos Mares hydroelectric unit, with a capacity of 119 MW, which […]
Top financial officials from Latin American and Caribbean countries are meeting Saturday in an annual conclave of the Inter-American Development Bank (IDB), after a week overshadowed by the banking crisis in the United States and Europe. The IDB’s new president, Ilan Goldfajn, a Brazilian economist, was set to address governors of the 48 member countries, […]
Two companies presented proposals for the public tender for the best value of the maintenance and rehabilitation project of the Centenario bridge. The fixed reference price reaches $5.6 million and the proposing companies were the CAA Centennial Bridge Rehabilitation Consortium (Centroequipos S.A., ARD Engineering INC., ATP Electronics, S.A.) with the sum of $ $6.2 million and […]
et profit at Grupo SURA, Colombia’s largest investment company, rose by 81.9% in the fourth quarter of 2022 compared to the year earlier period, the firm said in a statement late on Tuesday. The company posted a net profit of 688 billion pesos ($142 million) for the October to December period. Total revenues in the […]