World’s second largest free zone in Colon up 42% in first quarter
The Colon Free Zone (ZLC) closed the first quarter of the year with a growth of 42% compared to...
BUSINESS
Savers gain borrowers lose, as banks adjust interest rates
Panama banks have begun to raise interest rates mainly for loans, and to a lesser extent for non-prime mortgages...
Three banks will finance Canal Fourth bridge
Three banks will provide the $1.113 billion to construct the watered-down version of the fourth bridge over the Panama...
Panama construction poised to come roaring back
The value of new construction and repairs during the first two months of the year reached $169 million, exceeding...
Business chamber slams handling of water crisis
Panama’s Chamber of Commerce, Industry, and Agriculture (Cciap) has called on the government to take urgent action to address...
Business leaders want city tax increase suspended
Panama’s Chamber of Commerce, Industries and Agriculture (CCIAP) has sent a letter to the mayor of the District of...
Colon Free Zone grows 41.5% in first two months
The Colon Free Zone (ZLC) recorded a year-on-year growth of 41.5% during the first two months of the year,...
Restaurants top list of failure to provide senior benefits
Some 33 businesses have been sanctioned so far this year by the Consumer Protection Agency (ACODECO) for failing...
Wingo creates 3 new routes in Colombia
The Colombian airline Wingo, headquartered in Bogotá announced Thursday that it will strengthen its operation in the domestic market...
EXPOCOMER targeting 15,000 visitors
Panama’s Chamber of Commerce, Industries, and Agriculture (Cciap) anticipates receiving some 12,000 – 15,000 national and international visitors at...
Freshwater charge earns Canal $457 million
The "freshwater charge" introduced three years ago by the Panama Canal Administration (ACP) has generated income of $457 million...
