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Coverage of Panama’s corporate world, markets, startups, and trade developments. We provide news, analysis, and practical insights for business leaders and entrepreneurs.

Panama’s Meduca Contracted $28.4 Million for 54,000 Laptops for Teachers but Do They Meet the Requirements?

The Comptroller General’s Office will audit the purchase of 54,000 laptops for teachers for $28.48 million, while the Public Prosecutor’s Office investigates the process. The supplier’s technical specifications do not appear in the contract published on Panama Compra. The post Panama’s Meduca Contracted $28.4 Million for 54,000 Laptops for Teachers but Do They Meet the Requirements? appeared first on Newsroom Panama.

When Organized Crime in Panama Penetrates the Institutions – From the Police to the Assembly.

Citizens have protested in the streets of Panama against the infiltration of drug trafficking into politics. Police Chief Jaime Fernández admits he dismissed officers recruited by organized crime, while the Court investigates two congressional representatives. The post When Organized Crime in Panama Penetrates the Institutions – From the Police to the Assembly. appeared first on Newsroom Panama.

The Controversy that Marked the Education Minister Lucy Molinar’s Departure Was All About the Laptops.

Education Minister Lucy Molinar resigned on August 12 amid controversy over the purchase of laptops for teachers. The Attorney General’s Office is investigating the purchase of 54,000 laptops for teachers for $28.4 million, while 531,250 computers for students remain unawarded. The post The Controversy that Marked the Education Minister Lucy Molinar’s Departure Was All About the Laptops. appeared first on Newsroom Panama.

More Lanes with a Marine Viaduct and a ‘Free Flow’ Toll. The Southern Corridor will Change Completely.

The Southern Corridor will expand its capacity by 17 kilometers and replace toll booths with an electronic ‘Free Flow’ system, while the project will generate changes in traffic and pressure on marine-coastal ecosystems. The post More Lanes with a Marine Viaduct and a ‘Free Flow’ Toll. The Southern Corridor will Change Completely. appeared first on Newsroom Panama.

Oil Prices Soar in Panama as US Demands Iran to Open the Strait of Hormuz

Below are ships on the strait of Hormuz. Oil prices surged 5% on Monday, driven by market concerns over divergent conditions set by the United States and Iran for unblocking the Strait of Hormuz. The oil market, which last week was betting on an agreement between the parties, is now worried about the diplomatic stalemate. The post Oil Prices Soar in Panama as US Demands Iran to Open the Strait of Hormuz appeared first on Newsroom Panama.

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