In 2024, Panama exported 6,500 containers of teak tucas, representing 9% of the Hindu market, the largest consumer of this type of wood worldwide, but, despite this achievement, exports in tucas continue to decline, according to Bianca Morán, president of the Panamanian Association of Exporters (APEX). Morán highlighted that the forestry sector faces an imbalance […]
Afluena Oil, the largest recycling plant for lubricating oils and production of green lubricants in Central America and the Caribbean, with the capacity to process up to 8 million gallons per year, will be inaugurated in the first quarter of 2025 in Panama, announced its president, Geraldo Peters, during a meeting with the Minister of […]
The president of the Chamber of Commerce, Industries and Agriculture of Panama (CCIAP), Juan Arias, stressed that the country will close 2024 with economic growth of close to 2.5%. Despite the fact that this percentage reflects a moderate trend, Arias pointed out that, compared to the region, Panama remains within the median growth, which is […]
Panama and Colombia have decided to move forward in the electrical interconnection project, a strategic effort of 500 kilometers worth US$800 million that seeks to connect the Andean and Central American regions and for this, authorities from both countries met in the Panamanian Foreign Ministry. During a meeting at the Ministry of Foreign Affairs of […]
The President of Panama, José Raúl Mulino, confirmed during his weekly conference that the country will appeal the ruling issued by the World Trade Organization (WTO) in the framework of the arbitration under the Dispute Settlement mechanism between Panama and Costa Rica. “The most certain thing is that we appeal to buy time, within the […]
The airline Air Panama expects to resume flights between the city of David in Chiriquí to San José, Costa Rica, in the first quarter of 2025, revealed Eduardo Stagg, commercial manager, pointing out that they have an expansion plan, consolidated in the acquisition of new aircraft. “For next year, two new planes will be incorporated into operations and […]
Three new tree species have been identified for Panama. These are the plants Matisia petaquillae, Matisia changuinolana and Matisia aquilarum. Botanists José Luis Fernández-Alonso, of the Royal Botanical Garden of Madrid and Ernesto Campos, research technician of the Smithsonian Institute of Tropical Research (STRI) of Panama, named a total of six new species of trees for […]
Panama will create the shopping tourism visa as part of a strategy to promote this type of tourism, with the signing of a cooperation agreement between the Ministry of Security and the Colón Free Zone. It was reported that the agreement will facilitate migration processes and create this new visa category, which will allow thousands of Latin Americans […]
United Airlines will offer non-stop flights between San Francisco and the City of Panama as of May 22, 2025, as shown by the airline on its website. The route will operate a daily flight in Boeing 737 MAX 8 aircraft with capacity for 166 passengers: 16 in First Class, 54 in Premium Economy and 96 in Economy. Flights […]
The president of Panama, José Raúl Mulino, assured that no taxes will be implemented on solar energy, underlining the importance of maintaining competition in the energy market. He stressed that solar energy, along with other renewable sources such as wind energy, must be incentivized without increasing costs for users. “We cannot make energy more expensive […]