The Central American Bank for Economic Integration (BCIE) has made a first disbursement of US$13.6 million for the Sanitation Program of the Districts of Arraiján and La Chorrera in Panama. This project will benefit more than 250,000 people from 66,000 homes, significantly reducing the discharge of untreated wastewater into local rivers and ravines. The program […]
In an unprecedented finding, researchers from the Smithsonian Institute of Tropical Research (STRI) have discovered on Barro Colorado Island in Panama what could be the largest liana in the world, challenging other scientists to find a larger one. With a diameter of more than two feet (635 mm), this huge liana, found on March 9, […]
The Deputy Minister of Foreign Trade, Carlos Hoyos, held a meeting with Pituka Heilbron, president of the board of directors of the IFF Panama foundation, where they addressed issues such as the economic return program, the attraction of international productions and the strengthening of the Panamanian film industry. During the meeting, key strategies were discussed […]
Panama’s National Secretariat of Energy launched its first renewable energy tender in 10 years in February, marking the first auction in Central America to include battery storage systems. The tender was designed to allocate 500 MW of capacity and 20-year power purchase agreements (PPAs) with electricity distribution companies. However, Secretaría Nacional de Energía (SNE) suspended the […]
Panamá Pacífico is emerging as an area for companies in the semiconductor business to be installed focused on the testing, packaging, assembly and distribution of these technological products. This was indicated by Henry Kardonski, General Manager of Panama Pacific (London & Regional Panama), to develop the area, who pointed out that the destination of this […]
The Cabinet Council of Panama has decided to lift all the extraordinary social, economic and health measures that were in force since the COVID-19 pandemic, measures that were adopted by the previous government to mitigate the effects of the health crisis. In 2021, through Cabinet Resolution No. 129 of December 29, the Cabinet Council had […]
MiBus, the public transport concessionaire in Panama City, announced the incorporation of 130 new Metrobus units, bringing the total number of buses in circulation to 730. It is expected that in October the fleet will reach 900 units, compared to the 600 that operated three weeks ago. During an event for the Driver’s Day at […]
Panama’s government expects to start deportation flights for migrants who crossed the country’s dangerous Darien jungle in two to three months, the country’s chief of migration Roger Mojica said Friday. The flights will be paid by the United States under a recent agreement that the two countries closed earlier this month. “We are establishing the needs, equipment […]
Panama participated in the First Meeting of the Regional Program of the Organization for Economic Cooperation and Development (OECD) for Latin America and the Caribbean on Development Cooperation,” held in Madrid, Spain, with the aim of advancing the dialogue on the priorities of development cooperation between both parties and promoting innovative partnership measures, in order […]
In an effort to promote the transition of microentrepreneurs from informality to formality and outline a growth strategy, the Ministry of Commerce and Industries (MICI) and the Micro, Small and Medium Enterprise Authority (AMPYME), will work together. In this sense, the AMPYME presented to the MICI a pilot plan aimed at evaluating microenterprises with future […]