MOP will invest $1.2 billion in works


News from Panama

The Minister of Public Works (MOP) has projected that 2023 will be a year of high execution in several projects in the country, where around $1.2 billion will be invested. Recently senior MOP officials carried out an inspection to verify the progress of the work of the study, design, construction and financing project for the […]

January 6, 2023

Ciudad Judicial will be Built in Veraguas for $40 million


News from Panama

In the Second Judicial District and, in particular, in the province of Veraguas, the Judicial Body has 24 jurisdictional dependencies. Of these, more than 50% have their headquarters in the district of Santiago; in addition to these jurisdictional instances, a significant number of judicial aid and storage units are added, housed in buildings leased for […]

January 6, 2023

Panama president says final contract presented to First Quantum


News from Panama

First Quantum Minerals  -2.4% in Tuesday’s trading after Panama’s President Laurentino Cortizo said the government had presented its final contract to regulate operations at the Cobra Panama mine, rejecting the miner’s legal proceedings to avoid halting operations at the copper complex. According to Reuters, First Quantum CEO Tristan Pascall flew to Panama over Christmas and met […]

January 6, 2023

Greece asks Panama to check possible money transfers from Qatar to MEP Kaili


News from Panama

Greek authorities have asked Panama for information regarding possible money transfers from Qatar to accounts belonging to MEP Eva Kaili, who’s currently detained in Brussels pending trial over corruption allegations. The chairman of Greece’s anti-money laundering authority, Charalampos Vourliotis, sent an urgent request to authorities in Panama — a well-known tax haven with a reputation […]

December 30, 2022

Franquicias Panameñas, S.A. strengthens its presence in the national market


News from Panama

Franquicias Panameñas, S.A. began operations in the country in 1972 with the aim of merging Dairy Queen and KFC under the same administrative concept. This evolution marked an unprecedented milestone in the Panamanian market, transcending quality, service, new provisions, environmental management and the generation of new jobs. This uninterrupted growth has strengthened the conglomerate allowing […]

December 30, 2022

National Ballet of Cuba performs in Panama


News from Panama

During the performances at the National Theater of Panama, the leading roles were played by Panamanian prima ballerina Ana Lorena Boyd as The Sugar Fairy; while Fatima Bodden, Helleni Marin and Lucia Arosemena played Clara on December 26, 27 and 28, respectively. Under the artistic direction of Aida Orillac, Maruja Herrera and Tita Lopez, more […]

December 30, 2022