Canal traffic down – profits up 14.3%
Despite reduced traffic resulting from draft restrictions due to the drought, the Panama Canal increased profits by 14.3% to...
BUSINESS
Minera mineworkers union rejects moratorium
The Union of Mining Workers of Panama (UTRAMIPA ) affirms that they will defend their jobs, reject any attempt...
Minera Panama continues to operate without interruption
The Canadian mining giant First Quantum Minerals (FQM) said Friday, November 3 that the controversial Cobre Panamá mine continues...
Mining protests swell as they enter 9th day
Tuesday, October 31, marks the ninth day of nationwide closures and protests rejecting the opencast mining contract . Far...
First Quantum shares plunge as Cortizo announces referendum
The shares of the Canadian mining giant First Quantum Minerals plummeted by up to 36% on the Toronto Stock Exchange...
562 face vandalism charges during protests
The Novey Company on Calle 50 in the capital was among businesses vandalized across the country following demonstrations on...
Private Enterprise Council calls on Cortizo to face up
The National Council of Private Enterprise (Conep) sitting in permanent session has called on the National Government to “face...
Business leaders demand moratorium on mining concessions
Panama’s Chamber of Commerce, Industry, and Agriculture (Cciap) has called on the Government to approve an immediate moratorium on new...
Business associations demand mining code review
Panama’s Chamber of Commerce, Industries and Agriculture (Cciap) has called on the Government to review the Mining Code. “We...
Minera mining contract approved in third reading
While streets across the country were blocked by protestors The National Assembly approved Friday, October 20, in the third...
Businessmen claim millions lost daily due to protests
It is estimated by business associations that millions of dollars are lost every day due to protests and closures on...
Risk-rating agency reports raise concerns in Panama
According to the National Council of Private Enterprise (Conep), recent reports presented by risk rating agencies and financial institutions have...
