Author: spieper

A Panamanian financial technology company has successfully launched its national flag to the edge of space. KrediYA executed the high-altitude balloon mission, which saw the Panamanian flag and the company’s logo ascend over 30,000 meters above the Earth. The launch, accompanied by the national anthem, created a moment of intense patriotism and excitement for those present. The project required a specialized technical team to build and monitor the balloon, which was equipped with cameras and a GPS tracking system. This equipment documented the entire journey from ascent to its return to Earth. The capsule carrying the symbols reached an altitude…

Panamanian officials have described the planned relocation of Indigenous families from Caribbean islands threatened by sea level rise as a difficult process. Environment Minister Juan Carlos Navarro made the statement to Agence France-Presse, acknowledging the profound cultural challenges involved. The government is prioritizing this issue under direct instructions from President Jose Raul Mulino.The situation affects several populated islands within the Guna Yala archipelago. Scientific studies indicate these islands will be submerged before the end of this century due to global warming. This region, also known as San Blas, consists of numerous small islands sitting just half a meter to one…

Mercantil Seguros Panama has earned a Gold Award for its outstanding Customer Experience. The company’s general manager, Enrique Rondón, confirmed the achievement this week, linking it directly to the successful launch of a new digital insurance platform. This strategic initiative has fundamentally transformed how the insurer interacts with its clients and operates in the market.The award recognizes the successful implementation of a proprietary technological system designed to make insurance more accessible. This platform serves as the foundation for the company’s entire service model, enabling greater efficiency and scalability. It represents a significant investment in digital infrastructure aimed at meeting evolving…

A massive emergence of Kemp’s ridley sea turtle hatchlings occurred this week at the Isla Cañas Wildlife Refuge in Panama’s Los Santos province. The event saw 3,878 newborn turtles successfully reach the Pacific Ocean under the watchful protection of environmental authorities. This coordinated effort highlights a significant conservation victory for one of the world’s most endangered sea turtle species. The technical team for the protected area, led by refuge chief Rogelio Cedeño, supervised the hatching from 53 nests that had been incubated in an artificial nursery. The team meticulously monitored the conditions to ensure a successful emergence. Park rangers and…

Panama’s Maritime Authority confirmed the safe transport of more than 17,000 passengers by sea during the first weekend of the country’s Patriotic Holidays. The national maritime operation concluded without a single incident or penalty reported, according to an official statement released Monday. This massive logistical effort successfully moved travelers to popular coastal destinations across the Central American nation.The detailed report from the Maritime Authority of Panama showed passenger numbers peaked on Saturday, November 1, with 14,455 people traveling aboard 1,470 vessels. Sunday saw an additional 2,708 passengers continue their maritime journeys. These figures represent one of the busiest holiday travel…

Panamanian authorities have reopened the popular Bastimentos Island National Marine Park to visitors. The Ministry of Environment announced the decision on Monday, November 3, following a closure prompted by adverse weather conditions. This allows tour operators, guides, boat operators, and tourists to resume activities in one of the Bocas del Toro archipelago’s most frequented destinations. The reopening came after the country’s Maritime Authority reauthorized vessel departures to the protected area. Officials from the National Civil Protection System (Panama) also recommended lifting the access restrictions. Their joint assessment concluded that conditions had improved sufficiently to permit safe public access once more.…

The CAF – banco de Desarrollo de América Latina / Bank of Development in Latin America, has approved a massive new financing program for Panama. This three and a half billion dollar commitment aims to accelerate economic growth and job creation in the country. President Sergio Díaz Granados announced the strategic partnership during a launch event for the upcoming Panama 2026 International Economic Forum.The new “Estrategia País Panamá” initiative represents a significant deepening of the 28 year relationship between the multilateral lender and the Central American nation. Over the next five years, from 2025 to 2029, these substantial credit lines…

A judge in Panama City has issued strict precautionary measures against four individuals, including family members of a detained union leader, as part of a major money laundering investigation. Judge Carmelo Abdiel Zambrano of the First Judicial Circuit handed down the rulings following a guarantees hearing, court documents show.The decision directly impacts the family of Jaime Caballero, a prominent leader with the Suntracs construction workers’ union who is currently incarcerated. Those now under court order include Caballero’s daughter, Kathia Elena Caballero Batista, his wife, Maria Isabel Cordero, and fellow union leaders Abdiel Bethancourt and Jose Palacios.Court Imposes Strict Controls on…

Panama will undergo international scrutiny of its human rights record this week during a formal United Nations assessment. The country’s fourth Universal Periodic Review before the UN Human Rights Council begins Wednesday, November 5, in Geneva, Switzerland. This mandatory evaluation occurs every five years for all UN member states and provides a comprehensive examination of Panama’s progress and shortcomings in human rights protection.The review places Panama among fourteen nations scheduled for assessment during the Council’s session running from November 3 to 14. Panama’s previous examinations in 2010, 2015, and 2020 documented both institutional advances and persistent challenges regarding equity, justice,…

Panama’s Caja de Seguro Social (CSS) is cooperating with authorities after the arrest of one of its employees in Chiriquí province. The social security agency confirmed it has provided all requested information to investigators examining potential corruption allegations. This development occurred on November 1, 2025, according to official statements from the institution.The Caja de Seguro Social (CSS) moved quickly to distance itself from the detained official. Agency representatives emphasized their full collaboration with the ongoing investigation. They pledged complete transparency throughout the legal process.”The CSS categorically rejects all acts of corruption and maintains a policy of zero tolerance for any…