Drought Leaves Consequences for the Panama Canal: Transit and Cargo Decline
The long dry season in Panama has had an impact on the operations of the Panama Canal, according to figures...
BUSINESS
Vallarino, Sánchez Moró, Ashby, Tamburrelli and Ferrufino Will Have to Serve Their Sentences
Bosco Vallarino in the picture above, the former mayor of the district of Panama, was arrested Monday at his residence...
Heavy Rains in the Highlands, the Bread Basket of Panama, Have Caused Some Prices to Rise
Essential commodities rise in price due to heavy rains in the Highlands. Onion and carrot have doubled their cost in...
Government Presents Draft Moratorium for Tax Payments Until December 31
The Ministry of Economy and Finance (MEF) presented Monday, October 14, before the plenary session of the National Assembly, a bill for...
Tocumen Airport Exceeded 14.3 Million Passengers in 9 Months
In September, 1.57 million people traveled through the airport, 75% of whom were connecting to and from other destinations. The...
Stanley Motta Resigns from the Presidency of the Board of Directors of Copa Holdings
Panamanian businessman Stanley Motta has resigned from the board of directors of Copa Holdings, effective June 30, 2025. Motta, 79, who has appeared...
Panama Will Call European Ambassadors in Rejection of its Classification as a Tax Haven
President José Raúl Mulino rejected the European Union's position of maintaining Panama as a tax haven and said that this...
Possible Embezzlement of Financial Aid from Ifarhu is Being Investigated
The Public Prosecutor's Office reported on Tuesday, October 8, that the Anti-Corruption Prosecutor's Office has initiated an investigation into the...
Arizona’s Press Coffee Buys 70 Hectare Panama Farm October 2024
Phoenix-based specialty coffee roaster and retailer Press Coffee recently acquired a 70-acre coffee farm in Western Panama. With the farm purchase,...
Government Projects 5% Growth for the Panamanian Economy in 2025
The draft budget also includes a 2% inflation rate for next year and a reduction in the fiscal deficit, which...
The Prosecution Is on the Trail of More People Involved in the Theft of MOP Beams
The judge of guarantees, Rubén Peña, charged and ordered the arrest of Víctor Moreno and Gary Smail for the crime...
October License Plates and Stickers are Now Available, Reports the Panama City Mayor’s Office
Vehicle owners can now proceed to remove the license plates and stickers corresponding to the month of October 2024, the...
