Panama Chief of Police to Speak at the World Security Summit Miami hosted by the U.S Minority Chamber of Commerce


News from Panama

Panama is looking to strengthen security through transatlantic alliance with U.S private sector, and with that renewed strength to fight transnational crime activities “I’m also honored to be joined by an extraordinary list of Speakers at the Security World Summit in Miami; we believe that under this Summit, we’ve taken decisive action to strengthen Panama’ […]

August 27, 2019

Medications: Changes Proposed in Panama


News from Panama

The most important change proposed by the authorities is to make exceptions to the health registration of pharmaceutical products in situations of critical shortage. After receiving the approval from the Cabinet Council, it is expected that next week, the Minister of Health, Rosario Turner Montenegro, will present before the National Assembly the Draft Law, which […]

August 27, 2019

Electricity: $19 Million Contract Awarded


News from Panama

Metro de Panamá awarded AES Panama, S.A. the contract to supply energy and meters, in the form of a Large Passive Customer of the Wholesale Electricity Market, for a 60-month period. The companies that submitted their bids in the tender were AES Panamá, S.A. with a proposal of 0.06 per kilowatt-hour, Enel Fortuna S.A. with […]

August 27, 2019

Oscars: Panama Selects ‘Everybody Changes’ for International Feature Film Category


News from Panama

Arturo Montenegro’s fourth film depicts a family dealing with a transgender father coming out Panama is the first Latin American country to announce its candidate for the Oscars’ international feature film category: Arturo Montenegro’s family drama Everybody Changes. Starring Gaby Gnazzo, Andrea Pérez Meana, Susan Elizabeth Castillo, Mónica Lola Díaz and José Manuel Arispe and […]

August 27, 2019

New SEMs are Registered in Panama


News from Panama

Millicom CAM SEM, S.A. and Upfield NL Holdings Two B.V., were the companies that were recently established as Multinational Companies Headquarters in the country. From the MICI statement: MICI 13-08-2019. The Commission of Headquarters of Multinational Enterprises (SEM) of the Ministry of Commerce and Industries (MICI) recently approved the establishment of two new multinationals in […]

August 27, 2019

Food: Chinese Market and its Opportunities


News from Panama

The Asian giant represents a market of 1.345 million consumers and is the world’s second largest importer of the agrifood sector, with $126 billion per year. The study “Food Market in China“, compiled by Procomer Costa Rica, indicates that in the Asian country 50% of agrifood imports are from the agricultural sector, in products such […]

August 27, 2019

Chanzilla and Pundi X to enable Retail Bitcoin Payments in Panama


News from Panama

Cryptocurrency startup Pundi X announced that its point-of-sale payment gateway (XPOS) will soon be launched in Panama and its surrounding regions. Blockchain development company Chainzilla joined the initiative as a local distributor. Combining cryptocurrency and traditional payments in one terminal On Aug. 14, Cointelegraph in Spanish spoke with Chainzilla CEO, Charles Gonzales, to find out […]

August 27, 2019

Amazon burns, Panama improvises


News from Panama

Newsroom Panama published this short piece on how this could be our Darien rainforest if we do not take care. The fire that occurs in the Amazon, lung of our planet – generates 20% of the earth’s oxygen – is of apocalyptic proportions. This, in a world so polluted and environmentally fragile, is almost equivalent […]

August 27, 2019

‘It is an act of insanity to stay in the U.S.


News from Panama

Why this 63-year-old teacher ditched Massachusetts to retire in the highlands of Panama Catey Hill reported this story about Mary Taft and her decision to move to Boquete. You can live on about $2,000 a month, experts says, and Panama has a generous ‘pensionado program’ — but there are drawbacks. Mary Taft lives with her […]

August 27, 2019