Bank of America fined $250 million for “junk commissions”
United States authorities ordered on Tuesday the Bank of America (BoA), the second largest bank in the country, to...
BUSINESS
Panama seeks to boost Direct Foreign Investment
Diversifying the economy, promoting innovation, and increasing its competitiveness is part of the benefits obtained by a country that manages...
Crisis -plagued Lebanon introduces solar-powered car
In the midst of the worst economic and political crisis on record in Lebanon, a Lebanese businessman has defied...
American Airlines closes Panama office
American Airlines has closed its commercial office in Panama City, located in Marbella, in Plaza Nueva York, as part of...
IDB will finance $26 million purchase of 55 electric buses
To comply with the Climate Mobility Strategy promulgated in 2022, MiBus advances plans to incorporate 55 electric units, an operation...
Consumer Protection officials arrested in bribery scam
Three officials of the Authority for the Protection of Consumers (Acodeco) were captured after they were carrying out "supposed" verification...
Panama heads region in economic growth and one of world’s lowest inflation rates
The head of the Ministry of Economy and Finance (MEF), Héctor Alexander, highlighted Saturday, July 1, that in the...
Panama credit card debt up 4.1% in May
The balance of credit cards issued by banks increased by 4.1% in May compared to the same month of...
People’s Alliance calls mass demonstration on July 1
The Alianza Pueblo Unido por la Vida —the movement of union, social and popular organizations that emerged in the negotiations...
Panama a step closer to exiting FATF gray list
The Financial Action Task Force certified Friday, that Panama has substantially completed the action plan agreed in 2019 to...
Panama tourism returns to pre-pandemic levels
Tourism in P Panama is on the rise and the indicators show that the recovery is reflected in all...
Latin America air travel nears pre-pandemic levels
Air passenger traffic in Latin America and the Caribbean registered one of the highest rates in April, reaching 99.8%...
