Category: Business

Fishers in Panama say fuel-driven operating costs have climbed up to $1,600 per trip, though seafood prices at the Mercado de Mariscos remain relatively accessible, TVN 2 reports.

Panama has introduced a new law regulating paid internships, addressing age eligibility, duration, remuneration and limits for employers. The measure aims to standardize internship practices and protect young workers.

The Panamanian government has created a high-level commission to tackle rising oil prices, keeping Metro and MetroBus fares, electricity tariffs, and a 25-lb LPG subsidy stable while coordinating sectoral measures.

Hong Kong plans to redevelop a 1.16-hectare site in Aberdeen into a marina with about 200 berths, a clubhouse and roughly 250 flats; the government will tender the project in H1 2027 aiming for completion by 2032.

PDD Holdings reported an 11% drop in quarterly net profit to 24.5 billion yuan as it steps up reinvestment, while revenue rose 12% to 123.9 billion yuan, meeting estimates.

The Loadstar reports that PPC has increased its damages claim in a Panama port dispute, taking the total beyond $2 billion. The escalation raises commercial and operational risks for Panama’s critical port sector.

China Mobile will invest nearly HK$10 billion over five years, opened a new northern Hong Kong data centre and plans greater spending on next‑generation submarine cables to integrate the city into its national computing network.

Ships transiting the Panama Canal face widely varying tolls — about $15,000 to $300,000 per crossing, according to reporting by Greg Daugherty — a spread that affects shipping costs and Panama’s canal revenue.

Well-timed trades on Polymarket and by Wall Street investors around this week’s Iran-related news have prompted critics to allege possible insider trading tied to the White House, drawing regulatory scrutiny.

The Iran war has sidelined about a fifth of global oil and LNG supply, creating a potential advantage for West and North African exporters—though capacity and logistics limits could curb their gains.

A unit of CK Hutchison says an arbitration claim against the Republic of Panama now tops $2 billion, the company reported to DredgeWire. Details on the dispute and tribunal remain limited.

Former HKEX managing director and chief China economist Ba Shusong has not been seen in public and could not be contacted, sources and mainland media report, prompting concern among market observers.

A CK Hutchison unit says its arbitration claim against Panama over cancelled port concessions and alleged property seizures has topped RM8 billion, escalating a diplomatic and commercial dispute.

China Daily Asia reports CK Hutchison has filed a US$2 billion claim against the Republic of Panama; details on the grounds and forum of the claim were not provided.

An ICC arbitration claim filed by a CK Hutchison unit now exceeds $2 billion, alleging Panama staged a state campaign that led to an “unlawful” takeover of port terminals, raising legal and economic questions for the country.

A CCCEU report finds nearly 80% of Chinese firms in the EU plan to expand investment despite citing policy uncertainty, a result that contrasts with European firms’ reports on China.

A second China-owned LPG carrier has passed through the Strait of Hormuz amid the US-Israeli war with Iran, highlighting contested access to a key shipping corridor and risks to global trade.

Hong Kong’s MTR will perform overnight signalling upgrades on Sunday as it prepares for a partial opening of the Tung Chung line extension later this year; the HK$19.5bn project remains on track for full opening in 2029 and is said to be unaffected by a counterfeit brick scandal.

MLex reports that CK Hutchison’s Panama unit has raised arbitration claims of more than $2 billion. The initial notice provides limited details; follow-up reporting is needed.

Pop Mart reported booming 2025 revenue and profit but saw its Hong Kong shares fall 22.5% as investors worried the company remains too reliant on its Labubu character.