The Panama Canal plans to collect revenues of 4,215.4 million dollars in fiscal year 2022 and make a contribution of 2,497.2 million dollars to the public coffers of the Central American country, the largest in its history.
This is reflected in the Canal budget approved this week by the plenary…
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Government of Spain approves loans to entities in Costa Rica, Panama and Peru
The Council of Ministers approved this Tuesday in Spain the granting of loans from the Fund for the Promotion of Development (FONPRODE) for entities in Costa Rica, Panama and Peru for a total amount of 24.9 million euros.
Thus, the…
Grupo ARCA grows and expands to offer a diversity of financial products
The merger process had the due authorization of the Superintendency of the Panamanian Securities Market since last September 30, 2020, under Resolution No. SMV-429-20, and was concluded satisfactorily.
ARCA CAPITAL, Casa de Valores, S.A.…
Avior resumes its flights to the Dominican Republic twice a week this Thursday
Passengers with Avior airline tickets who are affected by the routes that are not yet operational will be able to use their tickets in the currently available destinations.
The Venezuelan airline pointed out last Saturday, January 23, that…
Panama will receive a loan from the World Bank
The World Bank approved the granting of a 300 million dollar loan to Panama to support the government's response to the health crisis and economic recovery.
The game will support the country's initiatives to invest in better health and…
Lima Group refused results of parliamentary elections in Venezuela
This Monday, December 7, the member countries of the Lima Group rejected through a joint statement the parliamentary elections carried out this Sunday by the National Electoral Council (CNE) in which the ruling party obtained the absolute…
US authorities requested extradition of AirBit Club co-founder
The co-founder and senior representative of the decentralized system AirBit Club, Gutemberg Dos Santos, who is accused of fraud and money laundering before North American authorities, was extradited from Panama City and may receive a…
Commercial flights authorized only to Los Roques and five countries
The National Institute of Civil Aeronautics (INAC) extended the ban on international commercial flights until February 2021, except for five countries: the Dominican Republic, Mexico, Iran and Panama. The latter country joins the list of…
Panama works on legislation for cryptocurrencies
A group of deputies recently presented to the National Assembly of Panama a draft law aimed at regulating the use and commercialization of digital currencies in the country.
According to the announcement of the Panamanian body through its…
Peru restarts commercial international flights with destinations in South America
Peru restarts its international flight activities with destinations in South America, as reported by the Government in the framework of Phase 4 of the Economic Reactivation.
The national executive, Martín Vizcarra, announced that the…
Panama announced that it will reactivate its economy in different stages
The Government of Panama announced a plan for the economic reopening in a staggered manner in the country that will start on September 7 and that will see the definitive lifting of the night curfew in force as of October 12, provided that…
Panama will host the 4th edition of the Blockta Summit Latam
The Blockchain Summit Latam is preparing for its fourth edition that will take place at the W Panama Hotel in Panama City, on March 12 and 13 and will have as its main theme the applications of this technology for financial services and…