Migrant crossings via Panama’s Darien Gap drop 40%


News from Panama

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).  […]

November 30, 2024

Panama moves towards the digitization of banking


News from Panama

Panamanian banking is in a process of digital transformation similar to that of other nations in the region, although significant efforts are already observed by some banking entities, which have successfully implemented various digital functionalities to facilitate the user experience, the challenge of achieving full digital maturity in the sector still persists. However, despite the […]

November 21, 2024

Panama preps for first solar-plus-storage event


News from Panama

US-based RE+ Events has revealed that it will hold a solar-plus-storage event in Panama City on Dec. 4 and 5. “RE+ Events has been expanding its portfolio internationally for several years, successfully establishing platforms for the renewable energy and clean tech industries globally,” the company’s director of international partnerships, Benjamin Low, told pv magazine. “This includes […]

November 21, 2024

The construction sector projects an 18% growth by 2025


News from Panama

The construction sector currently represents 15% of the national Gross Domestic Product (GDP), and a growth of 3% is projected by 2025, as announced by the president of the Panamanian Chamber of Construction (Capac), Alejandro Ferrer. During the presentation of an economic analysis of the sector in the first half of 2024, Ferrer highlighted a […]

November 21, 2024

President of Panama ratifies commitment to freedom of expression and press before the IAP


News from Panama

The IAPA, for its part, valued the signing of both declarations as a “historical landmark” for Panama, focused on preserving freedom of expression and the press, the Panamanian Government highlighted. The president of Panama, José Raúl Mulino, ratified his commitment to freedom of expression and press, highlighting that his government has established important advances in […]

November 21, 2024