US Rate Cuts: Possible Effects on Panama’s Banking System
Panama City, Panama: Last September, with a 50 basis point reduction in its interest rate range, the United States Central Bank began to reverse...
BUSINESS
The Project Known as the Beach Corridor in La Chorrera Has Reached 91% Progress
The project to expand section 1 La Chorrera – Santa Cruz to six lanes, in the province of Panama Oeste,...
Threatened by Climate Change, the Panama Canal Has Big Plans to Combat Drought
The lush river valleys of El Zaino y La Arenosa in western Panama, home to hundreds of families that eke...
The Panama Canal Will Carry Out Controlled Discharges into Gatun Lake; the Reservoir is about to Reach its Maximum Level
The Panama Canal has activated the alert and surveillance level due to the increase in the levels of the lakes that...
Merco Presents the ‘Top Ten’ Leading Companies in Panama by Reputation
The Corporate Reputation Business Monitor (Merco) 2024 presented the seventh edition of its ranking of the 100 companies and leaders...
Moody’s Changes Panama’s Outlook from Stable to Negative But Maintains Investment Grade
Panama is saved, Moody’s Ratings maintained the country's investment grade rating, but changed the outlook from stable to negative. Last Tuesday,...
Producers Call for Re-Inspection of Areas Affected by Rain in Chiriquí and Central Provinces.
Agricultural producers of Herrera, Los Santos, Veraguas and Chiriquí have requested the Ministry of Agricultural Development (MIDA) for a detailed...
The Richest Businessman in El Salvador and Key Man at Avianca Moves His Holding Company from Spain to Panama
Roberto Kriete Ávila, the main shareholder of the airline Avianca and recognized as the most powerful man in the business...
Panama Canal Evaluates Creating an Energy Corridor, While the Indio River Project Advances
Census of communities in the Indio River registers 90% progress. The administrator of the Panama Canal Authority, Ricaurte Vásquez, said...
Panama Still Maintains Investment Grade Despite S&P’s BBB- Says Chapman
The rating agency Standard & Poor's Global Ratings (S&P) on Tuesday lowered Panama's credit rating to BBB- from BBB, but...
Legislative Proposal Includes Mayors and Councilors in Declaration of Assets
The legislative subcommittee that is analyzing Bill 27, which seeks to strengthen transparency in public administration, was activated Wednesday, November...
Panama’s President Blames Previous Government for First Quantum Mine Crisis
Panama’s President José Raúl Mulino has strongly condemned the previous government for its mismanagement of the crisis surrounding First Quantum...
