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Category: Business

Coverage of Panama’s corporate world, markets, startups, and trade developments. We provide news, analysis, and practical insights for business leaders and entrepreneurs.

The Panama Canal Board of Directors Appoints Rubén Pérez Pinzón as Temporary Deputy Administrator of the Canal.

Rubén Pérez Pinzón, the current vice president of human resources, will serve as temporary deputy administrator. Pérez Pinzón serves as Vice President of Human Capital and has 35 years of experience at the Panama Canal. The post The Panama Canal Board of Directors Appoints Rubén Pérez Pinzón as Temporary Deputy Administrator of the Canal. appeared first on Newsroom Panama.

The Business of Scarcity in Cuba and Panama’s Ramón Carretero.

Carretero’s companies bought a wide variety of products in China and Türkiye to resell them on the island, with the regime’s approval, at a higher price. The businessman set up a network of companies that spanned half the world and allowed him to make millions by exploiting Cuban shortages. Below is Ramón Carretero doing oil deals with the former President of Venezuela Nicolás Maduro. The post The Business of Scarcity in Cuba and Panama’s Ramón Carretero. appeared first on Newsroom Panama.

The Threads They Weave in the Presidential Palace, Including Power and Ports Plus Business.

President José Raúl Mulino asked for a reconsideration of the secrecy surrounding information about the ports. It took him three days to react and his response left no one indifferent. Withholding information about port concessions raises questions amid the dispute over the future of the country’s main ports. The post The Threads They Weave in the Presidential Palace, Including Power and Ports Plus Business. appeared first on Newsroom Panama.

Panama’s Comptroller’s Office Returns the Laptop Contract Addendum to the Ministry of Education Without an Endorsement.

The Comptroller General, Anel Flores, returned without endorsement Addendum Number 1 to the $28.4 million contract signed between the Ministry of Education (Meduca) and IS Group, SA for the acquisition of 54,000 laptops intended for teachers in the public school system. The modification remains without endorsement while differences persist regarding the amount of equipment delivered to Meduca. The post Panama’s Comptroller’s Office Returns the Laptop Contract Addendum to the Ministry of Educati

Panama Prison ‘Tinajitas’ is Where Publio De Gracia Landed Before Being Transferred to La Nueva Joya Penitentiary Tuesday.

The Public Prosecutor’s Office initiated the investigation against Publio De Gracia following an audit report that revealed alleged unjustified enrichment and the use of that money for the purchase of movable goods and payment of credit cards. The post Panama Prison ‘Tinajitas’ is Where Publio De Gracia Landed Before Being Transferred to La Nueva Joya Penitentiary Tuesday. appeared first on Newsroom Panama.

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