The Minister of Commerce and Industries (MICI), Julio Moltó, celebrated the recent alliance between the Telered and Discover Global Network payment processing networks, which aims to strengthen the electronic payment ecosystem in Panama through the evolution of the Key System. This collaboration not only promises to consolidate the payment infrastructure in the country, but also […]
According to the results of the first phase of the Pilot Plan to evaluate the operational, economic and environmental feasibility of Natural Vehicle Gas (NGV) in Panamanian public transport buses, he highlighted that there is potential to reduce carbon emissions. Among the findings, it was shown that vehicles with identical capacities and geometric characteristics, and […]
Panama achieved a 100% renewable electricity generation to cover its demand of 1,437 MW, generating a surplus of 226.47 MW that were sent to other countries in the region to cover its deficit, the Ministry of Energy reported. A report from the institution indicates that this progress reaffirms Panama’s role as a key energy provider […]
The President of the Republic, José Raúl Mulino, in his usual Thursday conference with the media, said that he held a meeting with the president of Naturgy Francisco Reynés and the general manager of the company for Panama, Sebastián Pérez, to whom he raised the personal and collective discontent of all Panamanians about the terrible […]
With the arrival of the first flights of the airlines Sunwing and Air Transat at Scarlett Martínez International Airport, located in Río Hato, province of Coclé, the season of charter flights from Canada began. These flights will directly connect passengers with the cities of Montreal, Quebec and Toronto, as part of the winter season in […]
The President of the Republic, José Raúl Mulino, confirmed today that everything is ready for Panama to make its expected entry into the Common Market of the South (Mercosur), during the next Summit of this bloc, which will take place in Montevideo, Uruguay, where he hopes to sign the document that will allow the country […]
In a breakthrough for digital connectivity in Latin America and the Caribbean, the companies Liberty Networks and Gold Data will develop the new underwater cable system “MANTA”, which will offer high-capacity and low latency routes between Panama, Mexico, Colombia and the United States, since this agreement combines the GD-1 and LN-1 submarine systems, and marks […]
With the unanimous approval in the first debate, by the Commission of Education, Culture and Sports of the National Assembly, of the draft law that declares the Transistmic Colonial Route of Panama cultural heritage, the National Government complies with what was requested by the World Heritage Committee on the legal protection of this set of […]
Grupo Calesa, the largest agro-industrial group in Panama, together with Celsia, a company of the Argos Group, inaugurated the “Calesa Solar Park” at Hacienda La Estrella, in Coclé. This plant, with a capacity of 3.8 MWp and an estimated annual generation of 5.7 million kWh, covers 100% of the energy consumption of Grupo Calesa’s operations […]
The performance of the Panamanian banking sector is above the world average and global banking records the best results since the financial crisis of 2008, indicates the Global Banking Annual Review 2024 report, from the consulting firm McKinsey & Company. According to the document, the global banking sector has experienced its best year since the financial crisis […]