BUSINESS

Panama’s failing tourism ploys

March 5, 2019

The low performance of tourism in Panama in recent years does match up to the high investments that the Panamanian...

Panama public debt nears $26 billion

March 4, 2019

Panama's public debt on as January 31 was $25.602 billion, an increase of $2.218 billion compared to the same month...

No bail for Odebrecht laundering suspect

March 3, 2019

A former high ranking official in the previous administration will remain behind bars while awaiting trial for alleged money laundering...

High speed Chiriqui rail link feasibility study

March 3, 2019

Engineers from the Chinese company CRDC have presented the preliminary results of the feasibility study for the construction of a...

Climate change sparks Canal transit alerts

March 2, 2019

Climate change added to the El Niño phenomenon has brought other effects like stronger solar radiation and wind, forcing the...

Panama GDP up 3.7% in 2018

March 1, 2019

Panama’s , gross domestic product (GDP) grew 3.7%, representing an amount of $478.7 million says a report from The...

Business group opposes sugary drinks tax

February 22, 2019

Panama’s Chamber of Commerce, Industries and Agriculture (Cciap) has stepped into the debate over the taxing of sugary drinks and...

Movistar bows out to Millicom

February 22, 2019

Movistar, has sold its operations in Panama, Costa Rica and Nicaragua to Millicom Internatioial Cellular for $1. 65 billion. Millicom,...

Consumer protection watchdog handled 5,667 cases

February 21, 2019

Panama’s Consumer Protection Authority (Acodeco) handled nearly 6,000 complaints in 2018, with complaints about expired products, with no expiration date...

Comptroller Tours Problem Plagued Project

February 21, 2019

Panama’s comptroller Federico Humbert inspected the Amador Convention Center project on Thursday, February 21. A technical report prepared for the ...