Despite the projections of specialists in the field, around the effects of the inflationary situation on banking, to date, cardholders in Panama have not suffered the rise in interest rates on this type of product. This is detailed in a recent report by the Authority for Consumer Protection and Defense of Competition (Acodeco), published this […]
Panama and India to explore green hydrogen collaboration. India and Panama are in talks to explore collaboration on renewable technologies like green hydrogen, said the foreign minister of Panama Janaina Tewaney Mencomo. In an exclusive interview with Mint, the Panamanian foreign minister said that both countries could collaborate to develop green hydrogen as an alternate […]
The President of the Republic, Laurentino Cortizo Cohen, in the company of the Minister of Public Works, Rafael Sabonge, delivered the order to proceed to the Transeq S.A. – Estrella Engineering Consortium for the execution of the Caribbean Corridor project, which will connect the Panama-Colón highway with the Costa Arriba of this province located in […]
The 11th edition of the Panama’s International Contemporary Dance Festival opened on Friday performing in Panama City’s subway station, showing passion for dance. “Yo en mí,” was performed by dancers Aleksandra Chakarova and Adrián Morales from the 5TA Esencia collective!
With a view to expanding routes and positioning Panama as a world-class tourist destination, the company Air Panama announced the reactivation of its direct flights between Panama City and the district of Pedasí, in the province of Los Santos, with a frequency of 3 weekly flights (Wednesday, Thursday and Sunday) round trip. For these flights, […]
The National Assembly began public hearings to discuss the repeal of laws 122 of December 31, 2019 and 314 of June 20, 2022 that dictate rules on tourist incentives. This meeting was requested by businessmen, promoters of investors and representatives of tourism companies, and expressed that the discussion has to be comprehensive, which will ensure […]
Former Panamanian president Ricardo Martinelli said Tuesday that the trial against him for allegedly collecting bribes from Brazil’s Odebrecht is “rigged” and affirmed before a crowd that he is willing to have his “balls cut off” if he is proven guilty. This occurred in the middle of the preliminary hearing in the Odebrecht case in […]
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 […]
This is not the first time that Daniel Runde, senior executive of the Center for International Strategic Studies, has written about the Panama Canal. He did so in 2011 when he analyzed the impact of the expansion of the road. In 2017, he described the exchange of messages between President Donald Trump and Panamanian Juan […]
On Wednesday, June 22, 2022, operations and commissioned passenger processing began within the new Terminal 2 of Tocumen International Airport. The Panamanian airline Copa Airlines is the first to operate from this new terminal 2. Passengers praised the new infrastructure. The former president of the Republic, Martín Torrijos, was the first Panamanian diplomat to leave […]