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EU Updates Its List of High-Risk Third Countries for Money Laundering The European Union (EU) has updated its list of high-risk third countries with strategic deficiencies in their anti-money laundering and counter-terrorism financing (AML/CFT) r...

Digital Payments Drive Financial Transformation in Panama Digital payment systems have rapidly gained momentum in Panama, establishing themselves as a fundamental tool for both consumers and businesses. This shift is reshaping the way individuals manage their finances, gradually reducing reliance on traditional methods such as cash, checks, and ATM withdrawals. Alexander Acosta, Executiv...

Bitcoin Surges Past $100,000 Amid Favorable Regulatory and Economic Conditions Bitcoin has once again captured the spotlight by climbing above the $100,000 mark, in a climate of high market volatility and global uncertainty...

Panama to Host Latin America's Most Important Blockchain Event From April 22-24, 2025, Panama Blockchain Week will bring tog...

The United Kingdom's Trade Commissioner for Latin America and the Caribbean, Jonathan Knott, announced his country's interest in exploring new trade and investment opportunities in key sectors such as infrastructure and technology. During a meet...

The regulation of digital assets in the Panamanian financial market is on the horizon, promising to revolutionize the way financial assets and instruments such as securities are managed, according to expert Alfre...

Panama's recent incorporation into Mercosur is already having a positive impact on the country's economy, highlighting the strategic importance of its logistics and maritime platform...

In an increasingly digital world, cryptocurrencies have moved from being just a trend to becoming a real alternative within the financial system. In Panama, where the economy is closely tied to global trade and services, the adoption of...

A Bank of America (BofA) report titled "Strong, Efficient, and Profitable: Who Wouldn't Want to Own the Panama Canal?" highlights the waterway's operational independence, efficien...

5 Latin America countries with the most skyscrapers In first place is Panama with 73 skyscrapers, Panama City leads the region with a line of luxury skyscrapers and offices that has transformed its skyl...

More than 19,000 Panamanian microentrepreneurs will benefit from the first 100% digital financial solution designed exclusively for them, which will allow them to obtain liquidity in record time for working capital. This financial sol...

  According to a report prepared by Citi Wealth on the outlook for the economic outlook for 2025, global...

Panama could begin exporting natural gas to Colombia in 2025 as a response to the energy crisis facing the South American country. This was announced by Óscar Santibáñez, director of LNG for Central...

Tocumen Airport is the second most important infrastructure in the Panamanian logistics network, after the Panama Canal. According to data from Tocumen Airport, this terminal handled some 17,825,465 passengers and 208,573 metric tons of cargo in 2023. ...

I hope you are doing well. I wanted to take a moment to sincerely thank you for participating in our recent Webinar - Top Immigration & Visa Pro...

A delegation of foreign investors led by Kuwaiti businesswoman Dana Al Salem is in Panama exploring the competitive advantages and benefits offered by the country, with the aim of identifying business opportunities in sectors such as renewable energ...

Aviator arrives in Panama after the gaming provider Spribe has achieved the necessary approvals from the Gaming Control Board (JCJ) to take off in the market. More tha...

Betway, a global sports betting and online gaming operator, conducted a study on online casinos and warned that, so far in 2023, more than 88% of users in Mexico, Panama, Ecuador and Costa Rica access these platforms through of their cell phones....

The State Department will partner with the Government of Panama on exploring opportunities to grow and diversify the global semiconductor ecosystem under the International Technology Security and Innovation Fund (“ITSI” Fund), created by the CHIPS Act of 2022.  This partnership will help create a more resilient, secure, and sustainable global se...

The Panama Canal will foster a new era of sustainability in its operations The Panama Canal Authority has revealed a noteworthy shift in investme...

"End of Year Cocktail & Members’ Recognition & Networking Event of AmCham Panama" ...

Panama will host Adventure Next Latin America 2022. The announcement was made by Panama’s minister of tourism and general administrator for the Panama Tourism Authority (ATP), Ivan Eskildsen, at the recent Adventure Elevate event in Sedona, AZ. Taking place in Central America for the first time ever, the event will be held in Panama City from February 9 to 11, 2022. As the host destination, Panama will be ...

The temporary measure became effective from Tuesday, February 11, and will be applicable until December 12, 2021. The Panamanian banking system (which involves banks, fiduciary companies, issuers or processors of debit, credit or prepaid cards, among others), will allow Venezuelans to use expired passports - for a period not exceeding three years -, such as a valid and valid identity document to carry out any type...

The World Bank estimates that the Panamanian economy will grow 4.2% in 2020, which would mean an acceleration of the growth rate compared to 3.5% that is calculated for the end of 2019. In addition, the acceleration of the economy would continue in the following years, with growth of 4.6% in 2021 and 4.8% in 2022. The World Bank joins other institutions, such as the Economic Commission for Latin America ...

Tocumen, SA, obtained revenues of $ 66 million in the first quarter of 2019. The increase, of $ 14 million with respect to the same period of 2018, is due to the increase in the number of passengers entering and leaving, which allowed the terminal received more funds by airport tax. Based on the data of the first quarter, the projection is that at the end of the year the state will generate $ 250 million in revenu...

A group of representatives from the employer, government and worker sectors in Panama are analyzing the application of international labor standards as a strategy to promote social justice and decent work in the region. This tripartite workshop on Awareness, Follow-up, Contributions, Conclusions and Recommendations on Convention No. 144 of the International Labor Organization (ILO), which aims to promote tripartis...

Bill No. 692 that regulates the Tax Procedure Code was approved in the third debate by the National Assembly, it will regulate for the first time the taxpayer-taxpayer relationship based on the application of taxes, becoming the most important tax reform in the history of the Republic of Panama. The Minister of Economy and Finance, Eyda Varela de Chinchilla explained that Bill No. 692, gives relevance to the right...

According to figures from the General Comptroller of the Republic, Foreign Direct Investment in Panama increased between the first nine months of 2017 and the same period in 2018, going from $3.892 million to $4.251 million. Raúl Moreira, director of Social and Economic Analysis at the Ministry of Economy and Finance, told Prensa.com that "... The increase was mainly in the concept of "ot...

The Tocumen International Airport, the main air Panama terminal, closed the first half of the year marked by a continuous growth in the number of passengers carried, to receive 7,933,597 passengers from January to June 2018, representing a variation positive 5.13% compared to the same period in 2017. According to the data provided by the Vice President of planning and strategy, passengers who made stopover in...

The agreement that specifies the installation of the diplomatic delegation was signed by the Panamanian Vice President and Foreign Minister, Isabel De Saint Malo. The European Union (EU) will establish an embassy in Panama, which will be a 'strategic step for the strengthening' of ties between the 28-nation bloc, Panama and the region, official sources said yesterday. The agreement that specifies the insta...

The Ministry of Economy and Finance (MEF)  authorized the Empresa de Generación Electrica, SA (Egesa), to auction the Sarigua solar plant , located in the national park of the same name, located in the province of Herrera. Both the MEF and the General Comptroller of the Republic made appraisals of the solar power plant,concluding that the average price of the sam...

80 participants from 20 public and private Panamanian entities, among which are universities, companies and associations received extensive training in the third edition of the Intensive Workshop for Accelerated Patent Development, organized by C AF-Banco de Desarrollo de América Latina and the National Secretariat of Science, Technology and Innovation (Senacyt) with the objective o...

The negotiating teams of Panama and China closed the intellectual property chapter on Saturday, October 13, and they advanced in cooperation issues, rules of origin and access to markets, in the third round of negotiations of the free trade agreement (FTA) between both countries.  The meetings of this round began last Tuesday and concluded this Saturday in the city of Panama. The two countries officially laun...

From January to August of this year, sales abroad totaled $ 487 million, resulting in an increase of 8.3% over the same period of 2017. The latest data from the Comptroller General of the Republic, detail that between the first eight months of 2017 and the same period of 2018 exports rose from $ 450 million to $ 487 million, an increase that is partly explained by the behavior of banana sales and su...

Panama will launch in October 2018 new digital platforms such as: The Digital Logistics Interoperability; the New  Panama Online and those of Electronic Refining and Online Collection in the General Comptroller's Office of the Republic , as important steps to develop an ecosystem of digital entrepreneurships in the logistics and finance sectors, two areas in which the country has competitive advantag...

"China highly values ​​your relationship of friendship and cooperation, on an equal footing, of respect and mutual benefit with the Republic of Panama," said the ambassador of the People's Republic of China on the isthmus, Wei Qiang. Wei, who gave a speech during the celebration for the founding of the People's Republic of China, said that his country remains firm "in its best ...