In order to accompany the Ministry of Social Development (MIDES) in the implementation of the Early Childhood Public Policy, the CAF – development bank for Latin America and the Caribbean – and the United Nations Children’s Fund (UNICEF), signed a technical assistance agreement. With this agreement, an effort is made to strengthen universal access to […]
The tourist experiences of the four finalists of the Innovative Community Tourism Experiences contest, which highlight the natural and cultural heritage of Panama, as well as the authenticity of its local communities, were presented during the International Tourism Fair (FITUR) 2024, which was held in Madrid, Spain. The CEO of the Tourism Promotion Fund (PROMTUR) […]
Panama’s Copa Airlines will add its 16th U.S. destination with service to North Carolina’s Raleigh-Durham International Airport (RDU) in June, plus new routes to Mexico and Brazil. RDU, which handled its highest-ever volume of annual passengers in 2023, added Air France to its roster of airlines with flights to Paris Charles de Gaulle Airport starting in […]
The 10-year and 6-month prison sentence for money laundering handed down last July against former Panamanian president Ricardo Martinelli (2009-2014) was final this Friday after the Supreme Court of Justice (CSJ) rejected a cassation appeal, the last legal means to invalidate it. The Second Criminal Chamber decided “not to admit the appeal of cassation in the […]
In a historic event for Panama, a loan contract for $40 million has been electronically formalized between the Ministry of Economy and Finance (MEF) and the World Bank (WB). According to Julio Marquínez, Director of Public Finance, these funds will be allocated to the “Consolidation of the Public Finance Management Information System of Panama” program. […]
The Panama Metro moved the first single-rail train destined for Line 3 of the Port of Manzanillo, in Colón, to the Patios and Workshops area, in Ciudad del Futuro, La Chorrera. The entity highlighted that this train, which is part of the project to connect the province of Panama and West Panama, has successfully passed […]
As an ideal destination for sports and water tourism in the region, Panama continues to be projected, and proof of this is the recent celebration of the Panama International Regatta, an event organized by Club Sea Masters Sailing for the second consecutive year, which took advantage of the strategic location of Panama Bay for its […]
The Institute of Scientific Research and High Technology Services of Panama (Indicasat AIP) inaugurated its new Genomics Laboratory, the result of a cooperation agreement with the National Secretariat of Science, Technology and Innovation (Senacyt). This laboratory, equipped with state-of-the-art technology, will strengthen the country’s ability to carry out scientific projects based on DNA analysis. It […]
The electricity distribution company Naturgy Panama, announced that it will make an investment of US$630 million aimed at strengthening and modernizing Panama’s electricity distribution system in the next four years. In a statement, the distributor explained that the funds will be allocated mainly to quality projects and maintenance of the existing network, as well as […]
The issuance of corporate debt and multilateral organizations made in Panama will have access to a broader international market and with greater options to attract investments. The Latin American Stock Exchange (Latinex) announced that access was obtained to Euroclear Bank, a capital market infrastructure and provider of post-trading services, which allows settlement and custody services […]