The arrival of cruise ships could generate over $10 million for Panama
The last quarter of the year marks the beginning of the cruise season. According to the Tourism Authority of Panama...
BUSINESS
Panama top World Bank growth projections for Latin America
The World Bank estimates that Panama’s gross domestic product (GDP) will grow 6.2% this year, and then adjust downward,...
737,000 Panamanians creating an informality crisis
According to data from the National Institute of Statistics and Census, 737,000 Panamanians work informally with no laws or...
Panama will stay on EU’S Dirty Dozen tax haven black list
The European Union (EU) will keep Panama on its discriminatory list of tax havens for another six months as...
Fitch maintains Panama rating but warns of social unrest
The risk rating agency Fitch has reaffirmed Panama's sovereign rating at BBB- with a stable outlook, maintaining the country's investment...
Tocumen International files $21 million suit against Odebrecht
Tocumen International Airport (AITSA) has filed a lawsuit against Constructora Norberto Odebrecht (CNO, SA) for the payment of $20,737,513 million,...
Government sabotaging foreign investment – Business Chamber
Panama’s Chamber of Commerce, Industries, and Agriculture claims that the arrival of foreign direct investment (FDI), is a result...
Meetings with transport authority to curb pirate operations
Representatives of transportation groups met with the director of the Land Transit and Transportation Authority (ATTT) , Carlos Ordoñez, on...
13,000 jobs next year for English-speaking Panamanians
More than 13,000 jobs will be offered for the year 2023, but people will have to master the English language...
Panama facing Costa Rica ‘garrote’ in trade dispute
On Wednesday, September 28, Costa Rica Minister of Foreign Trade, Manuel Tovar, assured during an appearance before the Treasury...
Bank of England ready to raise rates
EFE News Agency - The Bank of England says that it will not hesitate to modify interest rates as...
Trump-nominated IDB boss fired over affair with subordinate
The Board of Governors of the Inter-American Development Bank (IDB) decided on Monday to dismiss its president, Mauricio Claver-Carone,...
