The recent celebration of the 2024 Carnival in Panama City has become a resounding economic success, according to the Panama Tourism Authority (ATP), with an initial investment of US$1.6 million, the event has generated an impressive economic return that exceeds US$18 million. The economic impact is not limited only to financial numbers, but has also […]
Silaba Motors S.A. (Grupo Sílaba) and Sojitz Corporation (Sojitz) reached an agreement on the sale of 100% of the shares of the former, who is the distributor in the Panama market of the Kia and Mazda brands. The transaction was supported by the financial advisor Siuma Capital Latin America (Siuma Capital). Sojitz is a Japanese […]
A Panamanian judge has ordered the pre-trial detention of former President Ricardo Martinelli, who is hiding from authorities in the Nicaraguan embassy in Panama City after receiving asylum from the neighboring nation. Martinelli is facing a nearly 11-year prison sentence on a 2023 money-laundering conviction. The order for his capture on Thursday is in relation […]
From June 10 to 13, Panama will be again for the third time, headquarters of FIEXPO Latin America, the reference event in the region of Meetings, Incentives, Conferences and Exhibitions (MICE), as announced by the organizers. This international fair, recognized for its excellence and avant-garde, will be held at the Panama Convention Center and will […]
At a cost of US$33 million, the Republic of Panama and Costa Rica inaugurated the new Paso Canoas Integrated Control Center (CCI), which is the first border post built within the framework of the Border Integration Program, since it makes the passage of goods and people with modern, digitized and safer technology. This CCI responds […]
The Meeting of the Parties to the Protocol to Eliminate Illicit Trade in Tobacco Products kicks off today in Panama City. The gathering brings together 68 parties that have been working together to halt illegal trade in tobacco products. The meeting, which will run until Feb. 15, is the third such gathering of the Parties to […]
Panama denied a request from Nicaragua to allow safe passage for ex-President Ricardo Martinelli to leave the country, the foreign ministry said in a statement on Friday, after Nicaragua granted asylum to the former Panamanian leader. Martinelli is a declared presidential candidate in Panama’s upcoming May election, but a nearly 11-year prison sentence handed down […]
The master and teacher Enrique Banista Escobar considered that the Electoral Tribunal would be making a mistake and violating due process if it disables Ricardo Martinelli’s presidential candidacy in the elections next May. In his Tik Tok account, and after consultations with his followers about the case, Banista Escobar pointed out that from his point of view, the former […]
The latest update from the National Office of Oceanic and Atmospheric Administration (NOAA) has brought with it news about the progressive weakening of the El Niño phenomenon, as revealed by the Institute of Meteorology and Hydrology of Panama (IMHPA). Significant changes are expected in the climate landscape. The NOAA report and the IMHPA follow-up indicate a […]
A total of 36 veterinarians from Central America gathered in Panama, to strengthen their capacities to respond quickly and effectively to outbreaks of animal diseases with potential impact on the health, food and livelihoods of millions of people in the region, with a view to the protection, sustainability and resilience of agri-food systems. This methodology, […]