Panama port activity beats pandemic – up 7.5%
Port activity was one of the few sectors in the Panama economy that did not come to a standstill during...
BUSINESS
Real estate market remains in ICU
Panama’s housing market is still in intensive care but showing signs of recovery during the first quarter of the year...
New York plans July 1 reopening
New York City will fully reopen activities closed due to the pandemic on July 1, Mayor Bill de Blasio said...
President vetoes private schools discounts
A bill giving discount’s to private schools and rejected by several business sectors has been vetoed by President Laurentino Cortizo ...
Cruise lines struggle to adapt to new normal
AFP The cruise companies try to erase from the collective memory the images of wandering ocean liners without a port...
KLM resumes Costa Rica-Holland flights
In the context of the economic reactivation, the KLM airline announced that as of June 29 they will resume three...
Cortizo accepts bank chief’s resignation
President Cortizo has accepted the resignation of Andrés Farrugia as head of the state savings bank Caja de Ahorros, after...
OPINION: The bank of friends
The Savings Bank is a state bank, which is governed by the rules of the market as if it were...
Panama economic activity 11 months in the red
Panama’s monthly index of economic activity (Imae) registered a 9.73% contraction in February the eleventh month of negative production while...
Savings Bank manager resigns after media probes
The general manager of the Savings Bank, (Caja de Ahorras) Andrés Farrugia , announced on Thursday, April 22, that he...
Business Chamber cites aberrant justice system
The conditions leading to a reform of the constitution "have deepened", exposing an administration of justice complicit in impunity with...
Moody’s ups Panama banking outlook
The risk rating agency Moody's Investors Service has changed the outlook for the Panamanian banking system from negative to stable....
