Author: Editorial Team

The Republic of Panama has emerged victorious in an international arbitration dispute against Banesco Holding Latinoamerica S.A. and Banesco (Panama), S.A. The Finance Ministry’s Investment Arbitration Office confirmed the ruling. A tribunal at the International Centre for Settlement of Investment Disputes (ICSID) issued the award on May 5, 2026. The tribunal determined that Panama did not violate its obligations under the invoked treaty. It rejected all claims presented by the banking entity. The ruling also ordered Banesco to pay Panama $900,000 in legal fees and procedural costs. Arbitration Tribunal Rejects Banesco Claims Totaling Over 13 Million Dollars Banesco initiated the…

A violent attack on an elderly couple has shaken residents and tourists in Panama City’s popular Balboa district. The assault occurred late Tuesday evening along Avenida Balboa, a bustling waterfront promenade known for its restaurants and pedestrian traffic. Three suspects brutally attacked the couple during an attempted robbery. Bloodstains remain visible at the scene. This evidence underscores the attack’s severity. The victims are foreign nationals who reside in Panama. They regularly walked through this high-traffic area, according to police reports. Emergency responders from the 911 system arrived quickly to provide medical assistance. Police Investigation Underway After Balboa Attack The Judicial…

Panama City, Panama. A new digital tool now shows exactly how much private money funded the campaigns of Panama’s current elected authorities. The platform called “The Money Route” (La Ruta de Plata) launched this week to bring transparency to political financing. The Electoral Tribunal of Panama already held this data but it remained scattered across paper documents. The Foundation for the Development of Citizen Liberty collected and organized nearly 18,000 records from the 2024 elections. Olga De Obaldía serves as executive director of the foundation. She explained that the information covers 153 winning candidates including the president, all national deputies…

Panama City, Panama. ESET, a leader in proactive threat detection, is bringing its 2026 Security Day conference to Panama City. The event takes place on May 7 at the Sortis Hotel in the Guayacan I and II rooms. Company representatives announced the details this week. This marks another stop on a regional tour that started in 2011. The goal is simple. ESET wants to help businesses understand the biggest cybersecurity challenges they face today. Organizers say the series has hosted over 200 events across Latin America. More than 45,000 people have attended these sessions since the program began. Expert Presentations…

Panama City is preparing to become a key hub for wedding tourism. The country will host ExpoBoda 2026, an international event designed to attract couples from around the world. Organizers confirmed the event will take place over four days in June. The initiative includes a specialized conference on June 4 and 5 at the Renaissance Hotel. A main fair will follow on June 6 and 7. The goal is clear: position Panama as a competitive player in the Destination wedding market and international events sector. The agenda combines professional training, global trend analysis, and new business opportunities for the tourism…

The University of Panama has claimed the first position among 22 evaluated universities in the country. The EduRank 2026 report confirms its status as Panama’s leading higher education institution. University officials released the ranking results this week from Panama City.The global ranking evaluated 14,131 universities across 183 countries. Panama’s flagship university landed at position 2,679 worldwide. In Latin America, the institution secured the 177th spot. These numbers reinforce its dominance within the national academic landscape.Three Pillars Drive the Ranking MethodologyUniversity Rector Eduardo Flores Castro explained the evaluation process. The ranking relies on three fundamental pillars: scientific production, non-academic reputation, and…

A 38-member delegation of Panamanian business leaders has arrived in National Harbor, Maryland. This marks Panama’s first-ever participation in the SelectUSA Investment Summit. The event runs from May 3 to May 6. The Embassy of the United States in Panama confirmed the delegation’s presence on Monday. Organizers say this is the largest delegation from the region relative to its population. The summit serves as a key platform connecting international companies with U.S. economic and government actors. Historic Participation Reflects Strong Bilateral Ties SelectUSA brings together foreign companies, economic development agencies, and U.S. authorities. The goal is to promote investment projects…

Israeli President Isaac Herzog will land in Panama City this Tuesday, May 6, accompanied by his wife Michal Herzog. This marks the first official visit of an Israeli head of state to the Central American nation. The trip aims to strengthen cooperation and friendship between two countries considered strategic allies. Herzog will meet with Panamanian President José Raúl Mulino and members of his cabinet during the stay. The meeting follows their previous conversation at the World Economic Forum in Davos, Switzerland. Both leaders agreed there to continue pushing bilateral ties forward. Panama currently holds a significant role as a member…

The European Broadcasting Union and the Latin American Information Alliance signed a landmark agreement in Geneva on Wednesday. The deal connects two continents through real-time news sharing. It marks a significant step toward global media cooperation. This partnership links the EBU’s Eurovision News Exchange with a network of 21 television stations from the Latin American Information Alliance. Both organizations will now share live signals, video material, and breaking news coverage. Journalists on both sides of the Atlantic gain unprecedented access to each other’s content. Historic Agreement Bridges Two Continents The accord took effect on May 1, 2026. It operates on…

Panama has fallen 12 positions in the latest global press freedom index. The country now ranks 65th worldwide, down from 53rd in 2024. Reporters Without Borders released the report on World Press Freedom Day, observed annually on May 3. The ranking places Panama behind regional neighbors like Costa Rica at position 38 and the Dominican Republic at 44. This decline comes after the country showed improvement in 2024. The report paints a concerning picture for journalists working in the Central American nation. Journalists Face Judicial Pressure and Self-Censorship Panamanian reporters who investigate corruption cases face significant pressure. Those who maintain…