August 26, 2022 The Economic Commission for Latin America and the Caribbean ( ECLAC ) forecast on Tuesday a growth of 7%, for Panama the best for the Central American…
Category: PANAMA
Panama: Second Review Under the Arrangement Under the Precautionary and Liquidity Line-Press Release; Staff Report; and Statement by the Executive Director for Panama
August 23, 2022 Despite continuing challenges from the COVID-19 pandemic and new risks emanating from global uncertainties, a combination of sound policy measures and a resolute vaccination program have supported…
Banistmo to use Lleida.net’s electronic signature services via a new contract
June 14, 2022 Panamanian bank Banitsmo has contracted the SaaS services of Spanish listed company Lleida.net (BME: LLN) (EPA: ALLLN) (OTCQX: LLEIF) to manage its account opening and collection processes. In…
UPDATE ON DIGICEL PANAMA
April 8, 2022 Digicel Group Holdings Limited (“DGHL“) today announces that Digicel Panama S.A. (“Digicel Panama“) intends to apply for voluntary liquidation and withdraw from the telecommunications market in Panama. This…
Panama will Advance in its Digital Transformation with IDB Support
March 11, 2022 THE $60 MILLION LOAN WILL SUPPORT THE STRENGTHENING OF THE CENTRAL AMERICAN COUNTRY’S INNOVATION ECOSYSTEM Panama will promote the digital transformation of management and public services with a $60 million…
Six Diamond Resorts International Sues Blue Sea Holdings, LLC d/b/a Red Frog Beach Resort
January 14, 2022 Six Diamond Resorts International and several of its principals filed suit in state court in Utah against defendants Blue Sea Holdings, LLC, Oceans Group International S.A. d/b/a Red Frog Beach Resort,…
IDB Invest Supports Panama’s SMEs with Banco Aliado
December 17, 2021 IDB Invest has provided financing of up to $50 million to Banco Aliado S.A. The deal, with a term of up to 10 years, will support small…
IDB approves $150m loan to promote gender equality in Panama
November 26, 2021 The approval is the second in a series of two operations under the Programmatic Policy Reform Support Loan. This series seeks to reduce gender inequality in Panama, implement policies…
Recovery and Reactivation in Panama
September 3, 2021 As a hub for innovative financial services and logistics, Panama can help lead Latin America and the Caribbean’s post-pandemic rebound. President Claver-Carone made his first official visit to…
IDB Backs $41M programme to help farmers, boost Food Security in Panama
August 6, 2021 The Inter-American Development Bank (IDB) approved a $41 million programme to improve food security and help farmers in Panama. The initiative aims to help farmers increase profitability…
FIRST REVIEW UNDER THE ARRANGEMENT UNDER THE PRECAUTIONARY AND LIQUIDITY LINE—PRESS RELEASE; STAFF REPORT; AND STATEMENT BY THE EXECUTIVE DIRECTOR FOR PANAMA
August 3, 2021 In the context of the First Review Under the Arrangement Under the Precautionary and Liquidity Line, the following documents have been released and are included in this…
IMF Executive Board Completes the First Review Under the Precautionary and Liquidity Line Arrangement for Panama
July 30, 2021 The IMF Executive Board completed the first review under the two-year Precautionary and Liquidity Line (PLL) arrangement for Panama which was approved on January 19, 2021 in…