Tigo Panama pledges US$100m for 4G, fibre expansion


News from Panama

Tigo Panama pledged to invest US$100 million into its network this year as part of its long-term modernisation and expansion strategy, to plug in coverage gaps and ready itself for 5G. In a statement, Tigo General Manager Marcelo Benitez said the operator’s mission is to continue developing the “digital highways that close the digital divide […]

February 3, 2023

Panama plans changes to merchant marine law


News from Panama

The Panama Maritime Authority (AMP) is working to make changes to Law 57 of 6 August 2008 General Merchant Marine, aiming at increasing the Panama Ship Registry’s competitiveness. The AMP will later present the modifications to the National Assembly that will approve into law the adjustments to Law 57 of August 6, 2008 General Merchant […]

February 3, 2023

Indian pharma firms to visit Panama for investment opportunities


News from Panama

Stressing Panama’s geographic location as a gateway to North and South America, the country’s foreign minister Janaina Tewaney Mencomo batted for increased Indian investments in the Central American nation. Mencomo revealed that a business delegation of Indian pharmaceutical companies will be visiting Panama to explore possible investments. Speaking of the broader India-Panama relationship, Mencomo stated […]

January 20, 2023

Former Panama Leader’s Sons Face More Jail Time


News from Panama

Two sons of former Panamanian President Ricardo Martinelli will be arrested upon arrival in Panama if they are deported from the United States, the judiciary said on Monday. The two, Luis Enrique and Ricardo Martinelli Junior, will soon finish US prison sentences for money laundering and could face immediate deportation. The two pleaded guilty last […]

January 20, 2023

Three Panamanian provinces start analog switch-off


News from Panama

Panama, Colon, and Panama Oeste will be the first three provinces to begin the analog switch-off on Monday to implement the television signal, the National Public Service Authority (ASEP) indicated. According to this source, only the new technology that transforms the image, audio, and data into digital information will be implemented in those three regions, […]

January 20, 2023

Panama cancels registry to 136 Iran-linked ships


News from Panama

Panama’s vessel registry withdrew its flag from 136 ships linked to Iran’s state oil company in the last four years, according to the country’s maritime authority. As Reuters reports, Panama push back against claims by an anti-nuclear group accusing it of helping Iran export oil, mainly to China and Venezuela. In fact, earlier this week, […]

January 20, 2023

Panama says clock is ticking on First Quantum mine deal


News from Panama

First Quantum Minerals Ltd. might not be as close to resolving its differences with the Panamanian government as the company suggested earlier this week. Chief executive Tristan Pascal said on a Jan. 10 conference call that First Quantum and Panama weren’t “far away” from a new agreement that would allow the Vancouver-based company to continue […]

January 20, 2023