IFF Panama launches first virtual co-production forum


News from Panama

IFF Panama festival director Pituka Ortega Heilbron IFF Panama has scheduled its first virtual Co-Production Form, Panama Film Match, for filmmakers in the Central America and Caribbean region. Ten projects from Costa Rica, Guatemala, Dominican Republic and Panama will participate from May 18-22, with four hailing from the host country. Participants will compete for a […]

May 11, 2020

First Climate and Enel Green Power Panama sign agreement for the sale of International Renewable Energy Certificates


News from Panama

This is the first transaction to sell this kind of certificates to a counterparty, other than a Large Client, by an energy supply company in Panama. Enel Green Power Panamá, a renewable energy subsidiary of Enel Group, has signed an agreement for the sale of International Renewable Energy Certificates (I-RECs) with First Climate, a German-based […]

May 11, 2020

60% of Panama’s coronavirus cases recover


News from Panama

Some 60%  of the patients infected with COVID-19 in Panama have recovered clinically or by laboratory tests, reports the Ministry of Health (Minsa). Of the 7,731 positive cases for COVID-19 registered until Wednesday,  4,477  have overcome the disease. As of Wednesday, May 6, Panama registered 3,618 clinical recovered patients and 859 by laboratory tests, for […]

May 11, 2020

Panama reduced covid 19 infection rate


News from Panama

Panamanian health authorities believe that the measures to contain the Covid-19 pandemic worked, and the statistics are below a first tragic prediction, while the contagion is decreasing this Wednesday.   The ninth week of the health crisis, which began last Sunday, reflects so far the lower daily rates of spread of the virus since the […]

May 11, 2020

Construction: 30 More Days of No Activity


News from Panama

Due to the health emergency, the Ministry of Health of Panama decided to extend the temporary suspension of the construction activity for a 30-day period, under the same terms expressed in Decree 506 of March 24. Weeks ago, it was reported that starting Wednesday March 25 and for a period of 30 days, Panama decreed […]

May 6, 2020

Panama: Temporary Closing of Gas Stations Authorized


News from Panama

The National Energy Secretariat authorized the service stations that sell gasoline in the country to temporarily close their operations in the context of the health and economic crisis. Resolution N. 4730 of April 23, 2020, allows those service stations that due to low sales volume, and whose location does not affect agricultural, logistical, commercial and […]

May 6, 2020

Banks Would Be Forced to Consolidate Debt


News from Panama

In Panama, the Assembly approved in third debate a bill that seeks to force banks to consolidate customers’ debts, regardless of their credit history. According to Article 4 of the approved law, “… all credit obligations that the debtor has, regardless of the risk category or default status that these obligations register in the credit […]

May 6, 2020