New job contracts 41% below pre-pandemic
From January to August of this year, 157,583 contracts have been registered in the Ministry of Labor and Labor...
BUSINESS
Nine months and no delivery of Minera contract
Nine months have passed since the representatives of the Government and Minera Panamá agreed on the new terms that...
11 Government Inspectors raid La Prensa offices
AGENTS FROM from the Ministry of Labor and Labor Development (Mitradel) carried out an “eye diligence” at the offices...
SUVs lead 6.6% growth in new vehicle sales
In the first eight months of the year, 26,370 vehicle units were sold, leaving a positive balance of 6.6%...
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...
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...
