The United States Embassy in Panama formally delivered the first fire station in the province of Darién, to the Benemérito Fire Department. The opening ceremony in Yaviza was attended by the Minister Counselor of the US Embassy, John Barrett, the Director General of the Fire Department, Víctor Álvarez, and Major General Javier Reina, of the […]
During this new period, about US$2.65 billion have been endorsed by the Comptroller General of the Republic in payments to state debts, money that will mobilize the country’s internal economy, President José Raúl Mulino reported during his weekly public conference. “This shows that when there is a will, things can be done,” Mulino said to […]
The general manager of the Savings Bank (CA), Andrés Farrugia, indicated that in the last six months alone, the financial institution has approved more than US$16 million in mortgage loans, with 13,500 new loans granted, reflecting a clear commitment to housing accessibility in the country. He added that in the last five years, the CA […]
Panama was elected to preside over the Group of Experts for the Control of Money Laundering (GELAVEX), during the period 2024-2025 during the 57th meeting of this organization. This election represents a recognition of the country’s sustained efforts in the fight against money laundering. In addition, this achievement highlights Panama’s commitment to transparency, international cooperation […]
The Directorate of Legal and Justice of the Mayor’s Office of Panama carried out an operation against noise on November 30 in the sectors of San Francisco, Tocumen, 24 de Diciembre, Juan Díaz, Bella Vista and San Felipe. In this operation, two shops were cited after measuring noise levels, in addition, the closure of two […]
The credit portfolio of the International Banking Center (ICB) reached US$94.859 million as of October 2024, reflecting a year-on-year growth of 8.9% compared to the US$87.096 million recorded in the same period of the previous year, according to the Banking Activity Report (IB) issued by the Superintendence of Banks of Panama (SBP). This sustained growth […]
With the participation of CEO’s, investors, developers and professionals from key sectors such as banking, finance, technology and the public sector, Panama City will host Blockchain Week 2025, which not only seeks to promote technological innovation in the region, but also position the country as the epicenter of blockchain innovation in Latin America. This event […]
Hyatt is opening the new Hotel La Compania del Valle in El Valle de Anton, Panama, near its sister property, Hotel La Compania in Casco Antiguo. The hotel will join The Unbound Collection by Hyatt, offering guests a blend of art, wellness and eco-adventure experiences. Located in a volcanic crater at an elevation of 2,000 feet, travelers visiting El […]
At a depth of 11 meters off the coast of Panama, German aerospace engineer Rüdiger Koch has been living for two months in a capsule attached to a futuristic house built over the waters of the Caribbean Sea. With his unusual adventure, which he plans to continue for another two months, the 59-year-old aims to […]
The number of migrants crossing through the treacherous Darien Gap has dropped nearly 40% compared to the previous year, Panamanian authorities said Wednesday. A total of 296,411 migrants have entered Panama through the Darien jungle so far this year, 193,439 fewer compared to the same period in 2023, according to the National Migration Service (SNM). […]