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
Panama officially launched the new “Santiago Solar” ☀️⚡️ park last week— a $70 million project by the Naiad Renovables Group with the capacity to generate 86,333 megawatts peak (MWP). This marks another step forward for renewable energy 🌱 in the… Read More »Panama Launches New $70 Million Solar Park
🇸🇪 Last month the Panamanian Vice Minister of Industry & Commerce, Eduardo Arango, met with the Swedish Business Commissioner for Mexico and Central America, Helena Carlsson, in a meeting that opened up business opportunities between the two countries 🤝. Helena… Read More »Sweden & Panama Explore Business Opportunities
At the end of May the Ministry of Commerce & Industry (MICI) approved the establishment of two new Multinationals Headquarters (SEM) in Panama: Tri Marine Group Latam, S.A., a leading Italian firm 🇮🇹 in the supply of tuna products and… Read More »Multinationals from Italy & Mexico Establish Headquarters in Panama
International Free Zone Authority | IFZA, a prominent free zone operator in the United Arab Emirates, plans to build a new free zone in Panama in Q1 2025. The growth plans of this international free zone were discussed in a… Read More »IFZA to Launch New Free Zone in Panama Focused on Services
In the first quarter of 2025 Panama will open the largest lubricant oil recycling and green lubricant production plant in Central America and the Caribbean. Located in Panama Logistics Park (PLP), the Afluena Oil company will have the capacity to process… Read More »Panama To Host Central America’s Largest Lubricant Oil Recycling Plant