According to the country’s Secretary of Energy, “the sanction is irreversible and funds will return to Panamanians,” and it is about “a crucial step towards transparency and accountability in the energy sector.” “The fine of 14 million dollars imposed on the Naturgy Company is definitive and cannot be appealed,” said Juan Manuel Urriola, National Secretary […]
The market for credit cards and digital wallets has experienced a revolution in payments in Panama in recent years. In 2023, approximately 330 million transactions were recorded, 30 million more than in 2022, according to recent data. This boom in electronic payments has strengthened financial inclusion, especially benefiting entrepreneurs and small producers. Experts from the […]
The government of President José Raúl Mulino announced that it intends to tender the San Miguelito Cable Car before the end of 2024. This goal was announced this Friday by the mayor of San Miguelito, Irma Hernández, after a meeting with the president at the Palacio de Las Garzas, according to a note from the […]
This green fuel refinery would become the largest in the region and would be located in the province of Colón, the MICI announced. The Minister of Commerce and Industries (MICI), of the Presidency and the National Secretary of Energy, received the group of investors from SGP Bioenergy and Sumitomo Corporation on behalf of the President of the Republic, […]
The Minister of Public Security of Panama, Frank Ábrego, reported through a statement that between four and five steps of the border with Colombia in the Darién area were closed. Ábrego said that the sites that have been closed are where irregular migrants entered Panama, led by “coyotes” (traffickers of people), from Colombia and that the purpose of […]
President Rodrigo Chaves revealed that the United States is considering incorporating Costa Rica into the immigration control program signed with Panama. Chaves gave an interview to the Panamanian media La Estrella, where he mentioned closely observing Panama’s pilot plan. This plan aims to initiate a massive deportation program to reduce migratory flows to the United States. Chaves […]
Representatives of the global pharmaceutical company Roche and which is part of the regime of Headquarters of Multinational Companies (SEM), met with the Deputy Minister of Foreign Trade, Carlos Hoyos Boyd, in order to turn Panama into a Hub of pharmaceutical research and innovation and a center of economic attraction. This public-private collaboration is aimed […]
The president of the Chamber of Commerce, Industries and Agriculture (CCIAP), Juan Arias, assured that every new market for Panama is positive, there are more enormous opportunities in the Common Market of the South (Mercosur), they are countries with a lot of population and for the country opportunities for export could be converted, so we […]
Panama City is positioned as a smart metropolis in Latin America, occupying the fifth place in the recent IESE Cities in Motion (ICIM) index, recognition validates the country’s commitment to innovation and sustainable development through the strategic application of Big Data and analytics. According to Guillermo Rojas, Datasys’ Smart Cities specialist, the use of data […]
The president of Panama, José Raúl Mulino, held a bilateral meeting with his Brazilian counterpart, Luiz Inácio Lula Da Silva, in which they agreed to strengthen ties between the two nations. In addition to the commercial field, they discussed security cooperation, the fight against drug trafficking and international collaboration. Mulino expressed to Lula his commitment […]