Coverage of Panama’s corporate world, markets, startups, and trade developments. We provide news, analysis, and practical insights for business leaders and entrepreneurs.
Ukraine said it struck Russia’s Primorsk oil terminal and a refinery in Ufa on Monday, targeting key energy infrastructure with possible implications for global oil flows and markets.
The EU and the four Mercosur countries will implement a long-negotiated free trade agreement on May 1, a pact the EU says will cover about 25% of global GDP amid rising global trade uncertainty.
Acodeco fined the creator of Snowland Panama $15,000 after finding misleading advertising for claims that the event was “the first snow park in Panama,” following multiple consumer complaints.
Telemetro reported on March 23, 2026 that rising fuel prices in Panama have prompted fare increases on some public-transport routes, affecting passengers, transport operators and merchants.
Panama’s customs authority has detained more than 1,600 packages of auto accessories over alleged irregularities; a technical valuation is underway to determine their total import value.
ASEP has opened a process to attract a third telecommunications operator to Panama, citing growth in the mobile market and aiming to increase competition and service options.
ASEP announced it has started the process to add a third mobile operator in Panama, with a public tender scheduled for December. The move aims to increase competition in the telecom market.
Panama’s Instituto de Mercadeo Agropecuario began collecting 10,000 quintales of onions from producers in the Azuero region on March 23, 2026, with deliveries progressing after the purchase.
Acodeco fined the promoter of Snowland Panamá $15,000 for misleading advertising and has recovered $4,548.57 for affected consumers; four complaints remain open.
ACODECO recovered $4,000 in the Snowland case after an ex officio investigation that verified advertising claims, resulting in consumer restitution.
ASEP has launched a process for a third mobile operator in Panama, scheduling the tender for December and aiming for operations to begin in 2027.
Taxi drivers in Arraiján say fuel costs rose from about $20 to over $30 daily, cutting net earnings from roughly $30 to $18–$19 per day and putting pressure on livelihoods.
OnlyFans owner Leonid Radvinsky, the Ukrainian‑American entrepreneur who built the site into a multibillion‑dollar platform, has died at 43 after a long battle with cancer, the company said.
ASEP has opened a tender this year to admit a third mobile operator in Panama and launched a microsite offering market data, spectrum details and georeferenced infrastructure maps.
TVN 2 reports Panamanian driver Axel Gómez has signed with Bengio as an official pilot. Bengio is noted for its innovation and use by professional racers worldwide.
ASEP announced a prequalification process starting in May for a potential third mobile operator in Panama, giving applicants seven months to review requirements. ASEP notes the market will exceed five million active lines by end-2025, with 79% prepaid.
A March 2026 analysis lists the Panama Canal among critical global chokepoints, underscoring its strategic role in worldwide shipping and potential impacts on Panama’s economy and operations.
Acodeco recovered over $4,500 for consumers in a dispute with Snowland Panamá, highlighting the agency’s role in enforcing consumer rights and securing refunds.
ASEP announced a May start for the prequalification of a third telecom operator, publishing market, spectrum and infrastructure information ahead of a planned year‑end tender and possible 2027 launch.
ASEP has confirmed it will open a tender to select a third mobile operator in Panama, with regulators saying the move aims to expand service options for consumers.