Free Zone merchant rents suspended for three months
The Colon Free Zone where numerous businesses have already shut down has suspended the payment of leasing fees for April, May,...
BUSINESS
Moody’s rates Panama outlook stable
The Moody's Investors Service agency on Wednesday, April 15 ratified Panama's risk rating at Baa1 with a stable outlook. Moody's...
Panama accesses another $1.3 billion to fight pandemic crisis
The Government has secured an additional $ 1.3 billion in lines of credit to deal with the crisis caused...
Heyday for conspiracy theorists linking virus to 5G
Conspiracy theorists are having a hay day after Reuters News Agency reported that a UK government agency has opened an...
Clouded Social Security deal sidelined
President Laurentino Cortizo reacted quickly to media exposure of the clouded track record of a Panama-Mexico consortium, cobbled together to...
Weekend humanitarian flights to Canada, the USA bring total past 15
Over 15 humanitarian flights carrying residents and stranded tourists to Canada, the USA, Brazil, and other countries have departed from...
Nearly 29,000 labor contracts suspended
The Pandemic state of emergency has devastated the Panama economy and caused the temporary suspension of 28,946 labor contracts, according...
Storm over medicine delivery contract to suspect group
A growing outcry over a $168 million Social Security (CSS) contract awarded to a Mexican-Panama consortium for the storage and...
Grounded Copa offers early retirement plan
Copa Airlines whose fleet has been grounded since March 23 has decided to offer voluntary retirement plans to employees who...
Panama Total Easter Weekend Lockdown
As Panama’s frontline healthcare workers struggle to cope with the rising number of COVID-19 cases with, 2528 recorded by Thursday...
112 infected cruise ship passengers in humanitarian airlift
The Australian cruise ship Greg Mortimer carrying 112 passengers infected with COVID-19 will dock in Montevideo on Friday, April 10...
Virus closes Panamaa’s largest mine
As the number of cases of COVID-19 surged to 2.100. with 55 deaths, Panama’s health Minister Rosario Turner announced on...
