blog

Posted on 2024-11-18

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 Centr...

Posted on 2024-10-25

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. ...

Posted on 2024-10-18

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...

Posted on 2024-09-09

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...

Posted on 2024-03-20

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...

Posted on 2024-03-15

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....

Posted on 2024-03-11

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...

Posted on 2024-02-14

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

Posted on 2023-12-15

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

Posted on 2021-11-29

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 ...

Posted on 2020-02-26

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...

Posted on 2020-01-15

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 ...

Posted on 2019-06-26

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...

Posted on 2019-01-31

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...

Posted on 2019-01-31

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...

Posted on 2019-01-15

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...

Posted on 2018-12-05

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...

Posted on 2018-11-21

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...

Posted on 2018-11-06

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...

Posted on 2018-10-24

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...

Posted on 2018-10-17

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...

Posted on 2018-10-17

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...

Posted on 2018-10-10

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...

Posted on 2018-09-26

"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 ...