Last week the European Investment Bank (EIB) signed a $300 million loan with Spanish multinational Naturgy 🇪🇸 & its Panamanian distribution companies, EDEMET and EDECHI. The loan will support the modernization and expansion of electricity distribution networks ⚡️in Panama. It… Read More »EIB & Naturgy Sign $300 Million Loan to Upgrade Panama’s Electricity Grid
Air France-KLM is strengthening its operations in Panama. KLM Royal Dutch Airlines will increase its weekly flights from 7 to 10, while Air France will continue operating five flights per week from/to Paris. This brings the group’s total to 15… Read More »KLM to Increase Flights between Panama & Amsterdam to 10 Weekly
In the first half of 2025, Panama’s service exports reached $9.76 billion, a 8.3% increase compared to the same period last year. This according to data from the National Institute of Statistics (INEC) and the Ministry of Commerce and Industries… Read More »Panama’s Services Exports on the Rise, Driven by Maritime Transport
German renewable energy group UKA has confirmed a $200 million investment in a new wind farm in AntĂłn, CoclĂ© province, marking one of the largest recent renewable energy commitments in Panama. The announcement came after several years of regulatory and… Read More »German Firm UKA to Invest $200 Million in New Wind Farm
Growth in Latin America & the Caribbean is expected to remain steady from 2.4% in 2025 with a slight decrease to 2.3% in 2026, according to the latest IMF Regional Economic Outlook Western Hemisphere published last Friday. An upward revision… Read More »Latest IMF Outlook: Steady LATAM Growth, Upward Revision Driven by Mexico
Last week Vincent Clerk, CEO of A.P. Moller – Maersk confirmed the group’s interest in investing in new ports in Panama 🇵🇦. He did that at the business meeting: Logistics in Transformation: Panama’s Bet on Growth and Innovation, organized by… Read More »MAERSK CEO Confirms Interest in New Port Development in Panama
Dutch beer brewer The HEINEKEN Company 🇳🇱 will buy Costa Rica’s FIFCO beverage & retail businesses for US$3.2 Billion, it announced at the end of September. The acquisition of Florida Ice and Farm Company (FIFCO) will boost Heineken’s position in… Read More »Heineken Buys FIFCO in Central America for $3.2 Billion
Gaspipeline update – Two weeks ago the Panama Canal Authority (ACP) held a market engagement event, marking the start of the concessionaire selection process for its new interoceanic gas pipeline project. More than 45 representatives from global energy companies participated… Read More »Panama Canal Launches Interoceanic Gas Pipeline Selection Process
Panama’s Fintech Ecosystem reached the panamazing milestone of 100 Fintech companies 🚀. According to Javier Buitrago, secretary of the Panama Fintech Chamber 🇵🇦, the growth has been faster than expected. Their data reveiled the following distribution accross the different segments.… Read More »Milestone: 100 Fintech Companies in Panama
Last week Aeropuerto Internacional de Tocumen Panamá announced an extensive cleaning and sanitation tender, worth an estimated $19.5 million. The new contract for this best value method public tender will last three years, involving the cleaning and sanitation service for all its facilities and restroom… Read More »Tocumen Airport Launches $19.5M Cleaning and Sanitation Tender
Panama Transportation Company MiBus 🚌 has launched a tender for the purchase of up to 60 modern medium-sized buses (9-10 meters long), with an estimated investment of $9.6 million USD. The initiative is designed to improve accessibility, comfort and efficiency… Read More »MiBus Launches $9.6M Tender for Medium-Sized Buses in Panama
Swiss company SGS Panama Control Services🇨đź‡has been chosen to perform a full audit 🔎 of the Cobre Panamá copper mine, operated by Canadian company First Quantum Minerals. The audit will examine the mine’s environmental, legal, and operational conditions, along with… Read More »Swiss Company SGS to Carry Out Full Audit of Panama’s Copper Mine