Copa Airlines just presented its growth plan for the next four years, with goals aimed at expanding its fleet and increasing its operations. The roadmap, unveiled by CEO Pedro Heilbron earlier this month, focuses on the airline’s expansion. From 21… Read More »Copa Airlines Presents Four Year Expansion Roadmap
Earlier this month, the National Free Zones Commission (CNZF) approved the establishment of seven new companies & the expansion of operations by Multimodal Marine Inc. Together, the investments total $16.1 million and will create more than 400 jobs, according to… Read More »Seven New Companies in Free Trade Zones, Investments of $16.1 Million
While global supply chains become more fragmented amid current geopolitical tensions, Central America & Panama are increasingly emerging as an attractive nearshoring opportunity for companies. This reveals by a recent study “Nearshoring as a Lever for Regional Competitiveness” from EY… Read More »EY Study Spotlights Central America as Nearshoring Opportunity for Companies
Two weeks ago we launched AEGIR-Marine’s Regional Social Media Strategy for Latin America 🌎 at their regional HQ in Panama City. With their regional LATAM strategy they will increase brand awareness in the region, build up a regional community & generate more leads,… Read More »AEGIR-Marine’s LATAM Social Media Strategy Goes Live
On Saturday 17 January, EU and Mercosur leaders signed a free trade deal in Paraguay, after 25 years of negotiations. The deal with the Mercosur partners (Argentina 🇦🇷, Brazil 🇧🇷, Paraguay 🇵🇾 and Uruguay 🇺🇾) will create one of the… Read More »EU & Mercosur Sign Trade Deal After 25 Years of Negotiations
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
German renewable energy group UKA has confirmed a $200 million investment in a new wind farm in Antón, Coclé 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
Earlier this week Inter IKEA Systems B.V. announced that it has granted the Sarton Group the exclusive IKEA franchisee rights for Panama 🇵🇦 & Costa Rica 🇨🇷. Inter IKEA Systems B.V., HQ-ed in the Netherlands, is the global IKEA franchisor and owner of… Read More »IKEA to Open Stores in Panama & Costa Rica
🇸🇪 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
Yesterday morning October 30th, La Prensa Panama published a news article that the Netherlands 🇳🇱 had just included Panama 🇵🇦 on a “Black List of countries” with low taxes. Many other news sources in Panama also published about it, following… Read More »Fakenews Alert: Panama put on Netherlands Low Tax Blacklist
There are a lot of interesting events taking place in Panama 🇵🇦 the coming two months. Great for networking 🤝 & information gathering 💡 . Most events are in the Maritime & Logistics area and second in Tech. Below you find a handy overview of featured events… Read More »Upcoming Events