For an approximate amount of US$1,036 million (159.496 million yen) the Republic of Panama and the Japan International Cooperation Agency (JICA), signed the third loan agreement for the continuation of the construction of Line 3 of the Panama Metro. The Minister of Economy and Finance, Felipe Chapman on the conditions of the loan, commented that […]
A planned call between the President of the United States, Donald Trump, and his Panamanian counterpart, José Raúl Mulino, was postponed this Friday due to changes in Trump’s agenda, according to a statement from the Presidency of Panama. The statement, published in X this Friday, said that White House officials had contacted the Ministry of […]
China’s ambassador to the United Nations (UN), Fu Cong, described as regrettable Panama’s decision to withdraw from the Silk Road Initiative, an economic project promoted by Beijing. Fu Cong stressed that this measure not only affects cooperation between nations, but also responds to a defamation campaign against the initiative. The Chinese diplomat defended the Silk […]
The Panama Tourism Authority (ATP) has announced that the Aeromexico airline returns to the country, launching a new direct route between Tocumen International Airport and Mexico City. Starting this summer, Aeromexico will offer a daily flight, which translates into approximately 10,000 monthly seats, strengthening tourism and trade between the two destinations. Gloria De León Zubieta, […]
The recently approved Bill No. 26 establishes the legal framework for the production, marketing and export of hemp in Panama, the regulations seek to regulate its use for industrial purposes and other lawful uses, authorizing activities such as the cultivation, transformation and distribution of the plant and its derivatives. The Ministry of Commerce and Industries […]
The Electric Generation Company (EGESA) has received approval from its Board of Directors for the construction of a new 5 Megawatt (MW) solar plant, a key step in the progress towards a more sustainable energy model for Panama. The new solar plant aims to significantly increase the renewable energy generation capacity in Panama, so the […]
“Alma, corazón y salsa“, by Peruvians Tony and Mimy Succar, won the Grammy for Best Latin Tropical Album. This award goes to a Panamanian, the young producer and musical sound engineer María Laura Castillero, who participated in the project. The Grammy Awards ceremony was held this Sunday, February 2 at the Crypto.com Arena in Los Angeles The […]
Grupo Panama Car Rental (PCR) proudly announces the launch of its own brand, Automarket Rent a Car, as part of its strategy of growth and business strengthening. This new stage represents a fundamental step in the development of the Group’s Strategic Plan, based on its deep knowledge of the market, the accumulated experience and the exceptional talent […]
The Minister of Economy and Finance, Felipe Chapman, highlighted the relevance of Panama as a logistics center during a meeting with the Development Bank of Latin America and the Caribbean (CAF). Chapman emphasized that these meetings are beneficial for the country, since they allow to outline a roadmap focused on financing and investment for the […]
The Minister of the Environment, Juan Carlos Navarro, reported that the process of transferring ammonium nitrate stored in the copper mine, which began on January 16, will take several months, due to the risks it entailed and the proper handling that had to be had these explosives. Navarro stressed that the process of transferring the […]