Panama’s Supreme Court will have to decide whether or not it will agree to the enforceability of a new virtual currency legislation for the country. An official disclosure confirmed that the country’s executive branch had forwarded the bill to the judiciary to give its ruling. The proposed legislation, termed Bill No. 697, was rejected by Panamanian President […]
Five species of previously unknown snakes with stunning eyes were discovered in jungle trees, and one was named after Leonardo DiCaprio. But mining threatens them all. Slithering among shrubs in the foothill forests of Panama, there is a snake the color of burnt embers, with round eyes like glowing coals. The snake, soon to be […]
During the current administration of the Panama Maritime Authority (AMP), through the General Directorate of Seafarers (DGGM), the historic recovery of USD$15,763,052.24 has been achieved in concept of wage payments owed by shipowners, to seafarers who sail on Panamanian-flagged vessels. Out of the aforementioned record figure, USD$5,315,909.99 correspond to the year 2022. Likewise, 1,248 maritime […]
Within the framework of the Acobir 2023 Real Estate Expo and in order to continue looking for growth opportunities for the sector at the international level, the Panamanian Association of Brokers and Real Estate Promoters (ACOBIR) organized the Panama Real Estate Trade Mission 2023 with great success. More than 65 Real Estate Brokers and investors […]
An association of Panamanian professionals has renewed its efforts to stop the only open-pit mining by a subsidiary of a Canadian-listed company that has breached more than 200 environmental regulations in Panama. If national authorities do not react, the association will consider taking the case to the International Criminal Court in The Hague, the head […]
The COR is an initiative of ARPA, as part of its Blue Seas program, which seeks through a sustainable system of sudden response, to prevent The Operational Response Center (COR) made a donation to the International Maritime University of Panama (UMIP) of inputs for the drones used by this higher education house, in order for them […]
Juan Valdez has announced it will accelerate its expansion plan in Panama, in line with the internationalisation strategy it has achieved in countries such as Ecuador, Spain, Turkey, among others. After several years of operation in the Panamanian market and with the aim of continuing to capitalise on consumers locally, the coffee company, together with […]
The Development Bank of Latin America-CAF and Panama will continue to work together in the planning of policies and programs that favor sustainable development and effective democracy, the Panamanian government said. This was stated by the president of Panama, Laurentino Cortizo, at the corporate executive meeting of the Development Bank of Latin America-CAF held in […]
A company not known to shy away from expensive coffees, Australian-born Proud Mary Coffee is launching its most expensive coffee ever. In fact, the coffee may be the world’s most expensive microlot to date. The winner of last year’s prestigious Best of Panama coffee competition, the 100-pound “Black Jaguar Geisha” green coffee lot from renowned […]
Tigo Panama pledged to invest US$100 million into its network this year as part of its long-term modernisation and expansion strategy, to plug in coverage gaps and ready itself for 5G. In a statement, Tigo General Manager Marcelo Benitez said the operator’s mission is to continue developing the “digital highways that close the digital divide […]