Panamanian Economy Grew 2.1% Between January and September 2024, According to the Comptroller General’s Office
Panama City, Panama: The national economy showed a growth of 2.1% in the first nine months of the year, compared...
BUSINESS
According to the OECD, Latin America’s Global GDP Will Grow 3.3% in 2025 and 2026
The Organization for Economic Co-operation and Development (OECD) expects Latin America's gross domestic product (GDP) to grow by 3.3% in...
Panama Has Great Opportunities in the Medical Cannabis Industry
Panama has great opportunities if it implements the use of medicinal cannabis as soon as possible, said attorney Goodwin Aldarondo, CEO...
The Panama Canal’s ‘Green Highway’: Less Consumption and More Environmentally Friendly
For more than 30 years, the Panama Canal has been illuminating the waterway along which ships travel with renewable energy...
Federal Reserve’s December Decision: How Does it Affect Panamanian Wallets
Panama City: The United States Federal Reserve System will make its last monetary decision of the year early next week, an event...
DGI Launched an Aggressive Plan to Demand the Issuance of Tax Invoices
The General Directorate of Revenue (DGI) has launched an aggressive program to require the issuance of tax invoices, President José Raúl Mulino...
Panama Approves a Law to Combat Human Trafficking
According to UNODC, between 2019 and 2022, the number of victims detected worldwide for trafficking for forced labor increased by...
Mulino Bets on Tourism to Revive the Country, ‘the Money will not come from Subsidies’
Panama City, Panama: The President of the Republic, José Raúl Mulino, is betting on tourism as a central point for the...
Mulino Announces $500 Million Financing Plan to Support SMEs and Reactivate the Economy
The President of the Republic, José Raúl Mulino, made official this Wednesday, December 11, a $500 million financing program with the...
Panamanians Divided Over Reopening First Quantum’s Copper Mine
A recent nationwide survey in Panama has shed light on what locals think about the potential reopening of First Quantum’s (TSX: FM)...
In 2025, the San Miguelito Mayor’s Office will have a New Tax Regime Looking to Collect $20 Million
The mayor of the San Miguelito district, Irma Hernández, announced that, starting in 2025, the new Municipal Tax Regime approved in Municipal...
Panama Pays $2.293 Billion in Interest: Fiscal Crisis and 2024 Risks
Panama's fiscal deterioration in 2024 exceeded the worst-case scenarios predicted by two risk agencies that assess the country's finances and...
