Nicaragua’s government said on Wednesday it had granted asylum to Panama’s former President Ricardo Martinelli, after the ex-leader, currently facing a lengthy prison sentence at home, requested the protection at Nicaragua’s embassy in Panama City. The former president confirmed to Reuters that he had requested asylum in Nicaragua. His spokesman said he was still in […]
Latin America faces an expected increase of 20% in the construction of buildings by the year 2040, and the vision for 2024 is that the buildings are completely digital and electric, focused on the comfort and health of people. Buildings, responsible for 40% of annual carbon dioxide (CO2) emissions and 30% of global energy consumption, […]
A proposal from Brazil on the management of cigarette butts and other tobacco waste that pollutes the environment began to be debated this Thursday by the delegates who attend a world conference in Panama. This is how, representatives of more than 180 countries have reviewed since Monday the implementation of the Framework Convention on Tobacco […]
Canadian coffee chain Tim Hortons will enter Panama this year and plans to open 30 stores in the central American country within the next 10 years. Parent company Restaurant Brands International (RBI) said the first store in partnership with Vortex Investment SA will open in the coming months, with outlet growth focused on Panama City. […]
Emergent Cold LatAm, a transnational company dedicated to the storage and logistics of food in controlled temperature, has inaugurated the expansion of its facilities in Panama as part of an investment of US$15 million in the country and US$1.2 billion throughout Latin America. Since its arrival in Panama in 2021 with the acquisition of Galores […]
In order to accompany the Ministry of Social Development (MIDES) in the implementation of the Early Childhood Public Policy, the CAF – development bank for Latin America and the Caribbean – and the United Nations Children’s Fund (UNICEF), signed a technical assistance agreement. With this agreement, an effort is made to strengthen universal access to […]
The tourist experiences of the four finalists of the Innovative Community Tourism Experiences contest, which highlight the natural and cultural heritage of Panama, as well as the authenticity of its local communities, were presented during the International Tourism Fair (FITUR) 2024, which was held in Madrid, Spain. The CEO of the Tourism Promotion Fund (PROMTUR) […]
Panama’s Copa Airlines will add its 16th U.S. destination with service to North Carolina’s Raleigh-Durham International Airport (RDU) in June, plus new routes to Mexico and Brazil. RDU, which handled its highest-ever volume of annual passengers in 2023, added Air France to its roster of airlines with flights to Paris Charles de Gaulle Airport starting in […]
The 10-year and 6-month prison sentence for money laundering handed down last July against former Panamanian president Ricardo Martinelli (2009-2014) was final this Friday after the Supreme Court of Justice (CSJ) rejected a cassation appeal, the last legal means to invalidate it. The Second Criminal Chamber decided “not to admit the appeal of cassation in the […]
In a historic event for Panama, a loan contract for $40 million has been electronically formalized between the Ministry of Economy and Finance (MEF) and the World Bank (WB). According to Julio Marquínez, Director of Public Finance, these funds will be allocated to the “Consolidation of the Public Finance Management Information System of Panama” program. […]