During this year’s agricultural period (2022-2023), a significant increase in coffee production is expected in Panama, according to the latest projections of the Ministry of Agricultural Development. In the province of Chiriquí alone, it is estimated that the harvest of the category could reach 110,000 quintals, an increase between 15% and 20%, compared to that […]
Panama has a diversified economy that would help it cope with a global recession in 2023 as predicted by the World Bank and the Organization for Economic Cooperation and Development (OECD). Faced with this, Domingo Latorraca, founding partner of the firm – Eleménte, explained that in case Latin America has problems, the national territory can […]
Nayara Resorts has expanded its reach into Panama with the addition of Bocas Bali to its portfolio. Originally opened in 2021, the all-inclusive, adults-only Bocas Bali property has 16 over-water villas on a private island in the Bocas del Toro area, off the Caribbean coast. Fringed by approximately three miles of coral reefs, the property is […]
Next October, Panama will launch the first tests of the Portcel project, a digital platform to simplify port and shipping procedures to exchange information between several institutions, in a fluid and expeditious process, and that will also reduce the number of papers. A statement from the Panama Customs Authority, the government entity that leads the […]
The National Energy Secretariat of Panama (SNE) has announced the beginning of a training course for 25 women from the Ngäbe Buglé region, in the west of the country, to learn how to install and maintain photovoltaic systems that will provide energy to their homes and communities. The course consists of 280 hours, with completion scheduled […]
With a view to expanding routes and positioning Panama as a world-class tourist destination, the company Air Panama announced the reactivation of its direct flights between Panama City and the district of Pedasí, in the province of Los Santos, with a frequency of 3 weekly flights (Wednesday, Thursday and Sunday) round trip. For these flights, […]
More than 250 professionals from the global travel industry – including tour operators from the United States, Canada, Europe, Asia and the Pacific, and suppliers to all destinations in Latin America – have gathered, since last Wednesday, September 21, in the Panamanian capital, to participate in the 44th edition of TravelMart LatinAmerica 2022 (TMLA’22). […]
The National Assembly began public hearings to discuss the repeal of laws 122 of December 31, 2019 and 314 of June 20, 2022 that dictate rules on tourist incentives. This meeting was requested by businessmen, promoters of investors and representatives of tourism companies, and expressed that the discussion has to be comprehensive, which will ensure […]
The Minister of Agricultural Development, Augusto Valderrama, and the subregional coordinator for Mesoamerica of the Food and Agriculture Organization of the United Nations, Adoniram Sanches, agree to implement a project for the digital innovation of Panamanian agriculture, for the next 17 months. This is the project called “Food crisis and digitization of agriculture: modernization of […]
Panama remains among the main financial hubs in the world of the thirty-second edition of the Global Financial Centres Index (GFCI) that was published on September 22, 2022, one of the reference sources of rankings in this sector, which places New York and London in the top positions. In version 23 of this year’s GFCI, […]