Panama Bank Holders Using ACH Xpress Have Been Upgraded
Real-time electronic money transfers between 18 banks that operate ACH Xpress may be up to $5,000 per transaction. The limit was...
BUSINESS
Panama and Japan Seek to Strengthen Their Trade Relationship
Panamanian trade authorities and representatives from Japan exchanged information to strengthen trade relations between the two countries, the Ministry of...
Can Panama Compete as a Nearshore Software Development Hub?
Panama’s strategic location and business-friendly environment have made it an increasingly attractive destination for nearshore software development. Companies from North...
Naturgy Maintenance work on the Electrical Network During September 9 to 15
We understand that these activities may cause temporary inconveniences, but they are necessary to improve infrastructure and ensure a more...
José Miguel Alemán is the New Panamanian Ambassador to the United States
Panamanian Foreign Minister Javier Martínez Acha formalized the appointment of José Miguel Alemán as the new Panamanian ambassador to the United States. The...
Two Panama Beach Mansions Seized To Be Auctioned
Two beach houses (one of them a beachfront mansion valued at $1.2 million) seized in anti-narcotics operations will be auctioned...
Drills Imported for Less Than $250,000 in 2023 Sold to Minsa Panama for $1.7 Million
On May 30, 2023, then-President Laurentino Cortizo (2019-2024) declared a “state of environmental emergency” due to the “prolonged drought” affecting...
San Miguelito Raised More Than $1 Million Dollars in July
The Municipality of San Miguelito, which has faced a financial crisis in recent months, raised a little more than $1 million...
Yappy: Now With More Banks and More Clients
Four participating banks are a part of Yappy: 3 Brick and Mortar banks, Banco General the originator, St. Georges Bank,...
Panama Drivers Debts Must Be Paid by Time of License Plate Issuance
President José Raúl Mulino stated Thursday, September 5, during the weekly press conference that users of vehicles in the North, South...
Dino Mon Outlines Plan to get CSS Out of the Crisis
Wednesday Dino Mon was confirmed as director general of the CSS, following a controversial vote in the National Assembly. Although the secretary...
Dino Mon Ratified by Assembly as New Director of CSS
The National Assembly of Deputies ratified Dino Mon as the new director of the Social Security Fund (CSS) on Wednesday. Mon received...
