The International Banking Center of Panama has experienced a growth of 7.58% in its credit portfolio until June 2024, this increase, although significant, must be understood in two key contexts: the post-pandemic period, when growth exceeded double digits, and the stage marked by the end of financial relief, according to the Director of Financial Stability […]
This significant advance reaffirms the solid commitment of the Panamanian government to position the country as a leader in this strategic sector, fundamental to the economic and technological development of the nation. With the participation of 17 representatives of the public, private and academic sectors, the creation of the Commission for Innovation in Microelectronics and […]
The president of Panama, José Raúl Mulino announced during his fourth press conference, just over 38 days after taking power, that one of his government’s key strategies to increase the State’s coffers will be to improve revenue collection through the General Directorate of Revenue (DGI). Mulino clarified that this strategy will not imply an increase […]
At 35 years old, boxer Atheyna Bylon will put her name in the books of the history of the Olympic Games by being the first woman in Panama to hang a medal at the most important sports event on the planet. With his victory this Thursday, at least silver was guaranteed in the final in […]
The democratic crisis in Venezuela, the flow of migrants through the Darién jungle and the constant threat of drug trafficking and organized crime were the issues addressed at a meeting this Tuesday by the President of the Republic of Panama, José Raúl Mulino, and the head of the South Command, General Laura Richardson. The meeting […]
Consolidating the country as a Home Port (Base Port) and Port of Call for cruise ships in the region, is one of the main priorities of the Panama Maritime Authority (AMP), as indicated by the Director General of Ports and Auxiliary Maritime Industries (DGPIMA), Max Florez. He also explained that talks are being held with […]
Panama’s Geisha coffee is still one of the most sought-after in the world. In the annual electronic auction Best of Panama (BOP) set a new record on August 7, 2024. The Japanese company Saza Coffee paid US$4,541.83 for the pound (about $10,013 per kilogram) of the Elida Geisha Natural Torre lot of the Lamastus Family Estate. This coffee […]
Panama joined the 32 countries that support the precautionary pause against international seabed mining, during the twenty-ninth Assembly of the International Seabed Authority (ISA) that takes place in Kingston, Jamaica. At this meeting, Panama reaffirmed its role as an international blue leader, being part of the 32 countries and more than 700 organizations, convinced of […]
The Norwegian Cruise Line (NCL) company has selected the port terminals of Colón 2000, in the province of Colón, and the Cruise Terminal of Panama, in the province of Panama, as its new Home Port (Base Port) for cruise operations, as announced by the Director of Ports and Maritime Industries (DGPIMA) of the Maritime Authority […]
Facilitating all private investment initiatives in favor and for the benefit of all Panamanians, is the commitment of the new Government, said by the Minister of the Presidency, Juan Carlos Orillac, during the inauguration of the new board of directors of the Panamanian Association of Business Executives (Apede) for the period 2024-2025, headed by Giulia […]