Korean company plans $747 million lawsuit over Panama mine closure
Korea Mine Rehabilitation and Mineral Resources Corp. (Komir), which has a 10% stake in Minera Panamá, SA, said it...
BUSINESS
Business Chamber calls for clientism-free election campaigns
With the start of the campaigns for Panama’s general elections on May 5, the Chamber of Commerce, Industries and...
China’s BYD outstrips Tesla in electric vehicle sales
The Chinese manufacturer BYD surpassed the American Tesla for the first time in the sale of electric vehicles during...
Car fuel prices are up across the board
The National Secretariat of Energy reports that there will be new fuel prices starting Friday, January 26. 95 octane...
Call for cancelation of Casco Viejo carnival events
The announcement of the celebration of some Carnival activities in Casco Viejo with parades, troupes, coronation of queens,...
Panama's new car sales up 16% in 2023
Sales of new cars increased 16% in 2023, reports the Association of Automobile Distributors of Panama (ADAP). The union...
Aviation Authority recommends additional checks on Boeing models
The United States Federal Aviation Authority (FAA) has recommended that airlines conduct additional inspections of all Boeing 737-900 models,...
Drought will cut Panama Canal revenue by up to $700 million
Revenue from tolls from the Panama Canal will decrease between 500 million and 700 million dollars in the fiscal...
Minera Panamá to continue voluntary retirement program
Minera Panamá, a subsidiary of Canadian First Quantum, announced that it will continue with the voluntary retirement plan after...
Copa suspends 20% of operations following plane’s grounding
The temporary suspension of operations of Copa Airlines' 21 Boeing 737 MAX 9 aircraft has led to the...
Panama mine closure fallout – First Quantum analyzing sale of assets
The Canadian company First Quantum is analyzing the sale of some of its assets, including some of its smaller...
Tocumen International sets new passenger record
Tocumen International Airport established a new record for passenger movement in 2023 by processing 17,825,465 million passengers, exceeding the historical...
