Panama construction industry heading to pre-pandemic level
Panamanian Chamber of Construction (Capac) is confident that this year the sector will consolidate its recovery after the 51%...
BUSINESS
Panama discussing pharmaceutical hub with Johnson & Johnson
Panama President, Laurentino Cortizo Cohen seeks to promote the installation of a Pharmaceutical Hub for health innovation in Panama,...
60,000 new job contracts in 3 months but distrust remains
In these first three months of 2023, around 60,000 new employment contracts have been registered, according to the labor...
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...
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...
