After Digicel’s exit from the market in Panama, effective April 21, the mobile phone industry will now be dominated by only two companies. Digicel voluntarily liquidated its operations in 2022 after over a decade of presence in the country, leaving Cable&Wireless from the multinational Liberty and TIGO from the multinational Millicom as the primary players […]
Presidential candidate José Raúl Mulino, the protégé of former President Ricardo Martinelli who leads the polls for the May 5 elections in Panama, promised on Tuesday to “close” the Darién jungle to migrants heading to the United States. “We are going to close Darién and we are going to repatriate all these people as appropriate, […]
In an effort to promote economic development in the agricultural sector, the Deputy Minister of Agriculture of Panama, Alexis Pineda, met with representatives of the French embassy and the Center for International Cooperation in Agricultural Research for Development (CIRAD). During the meeting, strategies were discussed to establish joint projects focused on improving coffee and cocoa […]
This week, Panama made the first issuance of social bonds, worth up to $40 million. This milestone was marked by Microserfin and with it he entered the Latin American Stock Exchange (Latinex), reported its general manager, Edison Mejía, who was very optimistic about the future of the entity, with more than 20 years of experience. […]
The President of the Republic, Laurentino Cortizo Cohen, continued his domestic patrol, this time in the province of West Panama. On this tour, two important public markets were delivered, totaling an investment of more than 28.2 million balboas and for the benefit of more than 700,000 people. President Cortizo Cohen recalled that the construction work […]
During the first quarter of this year, the Panama Convention Center (PCC) has played a crucial role in the generation of employment and the economic momentum in Panama, according to recent reports, has generated more than 2,000 temporary employment places, providing job opportunities to numerous Panamanian families. On the other hand, data provided by PROMTUR […]
The importance of developing effective policies and standards to guarantee the sustainability of Panama’s growth and development, Minister Héctor highlighted. Within the framework of the World Compliance Forum 2024, the Minister of Economy and Finance of Panama, Héctor Alexander, highlighted the country’s significant progress in the prevention of money laundering, terrorist financing and financing the proliferation of […]
Until February 2024, exports of Panamanian goods reached a total of US$170.3 million, highlighting a significant increase compared to the same period of the previous year, according to the latest report published by the Office of Trade Intelligence (INTELCOM) of the Ministry of Commerce and Industry (MICI), based on data from the National Institute of […]
The residents and authorities of Boquete, in the province of Chiriquí, celebrated the 113th anniversary of the founding of the district with several activities. Celebrating its 113th birthday, Boquete District exudes a charming blend of tradition and modernity against the backdrop of Panama’s lush landscapes. Nestled in the highlands, this picturesque region is renowned for […]
According to data provided by the economic agents affiliated with the APC Experian Credit Reference System, the mortgage portfolio in the banking sector maintains sustained growth year after year, ranking in the first place within the total credit balances with an amount of US$20,626,474,788 as of February 2024, distributed in 333,563 obligations. According to Giovanna […]