The World Bank Group Board of Executive Directors endorsed today a new Country Partnership Framework (CPF) for Panama. This partnership, for the period 2024-2028, lays out key areas of action to support job creation, diversify the economy, promote inclusion, strengthen basic service delivery and human capital, and enhance resilience to natural shocks and climate change. […]
For the sixth consecutive year, Cybertech Latin America will be held at the City of Knowledge Convention Center in Panama, on March 13 and 14, 2024, where there will be special workshops about the Role of Panama in the Global Semiconductor scenario, and conferences on the world of cybersecurity. This event is organized by the […]
Through a strategic alliance, Credicorp Bank together with Visa, formalized the launch of Business to Business (B2B), a platform designed to expedite the processing of cross-border commercial payments quickly and securely, encouraging data uniformity and transparency. With this alliance, Credicorp Bank joins itself as an active participant in the Visa B2B Connect network, with the […]
The International Organization for Migration (IOM), will establish its Regional Office in Panama City, as a meeting point for the convergence and strengthening of relations with the Member States of the Organization, from July 1, 2024. This decision was made after the Director General of IOM, Amy Pope, in consultation with the Member States, decided […]
A joint initiative of the Ministry of Culture and the National Assembly of Panama, aimed at promoting culture, education and entrepreneurship through the Creative Economy, was published this week in the Official Gazette No. 29973 becoming Law 424. The main objective of this new law is to promote the Creative Economy as a strategic sector […]
The Technological University of Panama (UTP), in collaboration with the Center for Multidisciplinary Studies in Science, Engineering and Technology (CEMCIT AIP), has carried out the Conversation “Mapping the Wetlands of Matusagaratí” located in the border province of Darién recognizing the variety of wetlands in the region. This event marks a milestone within the framework of […]
The Minister of Foreign Affairs of Japan, Yoko Kamikawa, arrived on the morning of Friday, February 23, in Panama to begin an official visit in order to strengthen the “historic” diplomatic ties of both countries, since this year marks 120 years of bilateral relations. Kamikawa plans to meet this Friday morning with the Panamanian president, […]
The recent celebration of the 2024 Carnival in Panama City has become a resounding economic success, according to the Panama Tourism Authority (ATP), with an initial investment of US$1.6 million, the event has generated an impressive economic return that exceeds US$18 million. The economic impact is not limited only to financial numbers, but has also […]
Silaba Motors S.A. (Grupo Sílaba) and Sojitz Corporation (Sojitz) reached an agreement on the sale of 100% of the shares of the former, who is the distributor in the Panama market of the Kia and Mazda brands. The transaction was supported by the financial advisor Siuma Capital Latin America (Siuma Capital). Sojitz is a Japanese […]
A Panamanian judge has ordered the pre-trial detention of former President Ricardo Martinelli, who is hiding from authorities in the Nicaraguan embassy in Panama City after receiving asylum from the neighboring nation. Martinelli is facing a nearly 11-year prison sentence on a 2023 money-laundering conviction. The order for his capture on Thursday is in relation […]