The telecommunications company CW Panama announced on Thursday that it will start the tests in a controlled environment to deploy the 5g network in Panama. The announcement was made by the president of the company Rocío Lorenzo during her annual Move On event in which they make known the new trends in the industry and […]
The public portion of a trial of more than two-dozen associates accused of helping some of the world’s richest people hide their wealth came to an unexpectedly speedy conclusion on Friday when a Panamanian judge said she would take the two weeks of trial arguments and testimony under advisement. The trial came eight years after […]
More international flights are coming to the Raleigh Durham International Airport this summer. Copa Airlines is set to bring direct flights to Panama City, Panama in June. Friday the airline’s CEO, Pedro Heilbron, spoke with the Regional Transportation Alliance and other organizations at the Umstead Hotel about the plans and how it will benefit the […]
About seven private technical defenders will present their arguments today, in the ordinary hearing that follows against 29 defendants, accused of the crime of money laundering, after an investigation carried out by the Public Ministry in the Panama Papers case. This Thursday, eight defense lawyers in this case completed their allegations and asked the court […]
According to the projections of the National Council of Housing Developers (Convivienda) the year 2024 will close with 10,071 units sold and a profit of US$962 million, significantly exceeding the figures of 2023. For Convivienda, the growth of the sector continues to be positive, since in the report of “Results 2023 and projections 2024”, presented […]
After Digicel’s exit from the market in Panama, effective April 21, the mobile phone industry will now be dominated by only two companies. Digicel voluntarily liquidated its operations in 2022 after over a decade of presence in the country, leaving Cable&Wireless from the multinational Liberty and TIGO from the multinational Millicom as the primary players […]
Panama temporarily raised the limit for the self-consumption of clean energy and new renewable sources such as solar, wind and others from 2% to 3%. This is indicated by resolution number 19011 of April 12 of the National Authority of Public Services (ASEP) which indicates that a transitional percentage of the maximum annual energy consumption in gigawatt-hour GWh of penetration is […]
Presidential candidate José Raúl Mulino, the protégé of former President Ricardo Martinelli who leads the polls for the May 5 elections in Panama, promised on Tuesday to “close” the Darién jungle to migrants heading to the United States. “We are going to close Darién and we are going to repatriate all these people as appropriate, […]
In an effort to promote economic development in the agricultural sector, the Deputy Minister of Agriculture of Panama, Alexis Pineda, met with representatives of the French embassy and the Center for International Cooperation in Agricultural Research for Development (CIRAD). During the meeting, strategies were discussed to establish joint projects focused on improving coffee and cocoa […]
This week, Panama made the first issuance of social bonds, worth up to $40 million. This milestone was marked by Microserfin and with it he entered the Latin American Stock Exchange (Latinex), reported its general manager, Edison Mejía, who was very optimistic about the future of the entity, with more than 20 years of experience. […]