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 President of the Republic, José Raúl Mulino, signed the accession agreements to the integrationist mechanism with the presence of his peers from Argentina, Brazil, Paraguay and Uruguay, in addition to Bolivia recently incorporated as a full member. Panama will be the first country outside the South American region to acquire the status of Mercosur […]
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 […]
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). […]
People who live on the streets of Panama City received medical and psychological care from the Mayor’s Office of Panama and other government and social entities on Wednesday, November 27. The Directorate of Social Management of the Municipality of Panama was in charge of providing health care to 35 people, mostly men, while offering them […]
The Ministry of the Presidency launched a call for national suppliers to collect information and establish the estimated cost of the consulting service necessary to develop the Master Plan of the Panama-David-Fronter Railway. This project, considered one of the most ambitious in the history of the country, aims to connect Panama City with the northern […]
Panama is preparing to assume a leading role in the conservation of sea turtles at the international level, after being selected as the venue for the 13th Conference of the Parties (COP13) of the Inter-American Convention for the Protection and Conservation of Sea Turtles (CIT), an event that will take place in June 2028. This […]
Panama has taken an important step in the modernization of its medical infrastructure by having the first equipment in the region with spectral technology, also becoming the country with the most advanced tomography in Latin America, a model of 512 cuts. This innovation makes a big difference for both doctors and patients, as it significantly […]