Category: Business

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.

Meta launched a Creator Boost program offering three months of guaranteed payments and increased Reels distribution; creators with 100k+ followers can earn $1,000/month, those with 1M+ can earn $3,000/month.

EIA data summarized by EIN Presswire places Panama among Caribbean recipients of U.S. LNG as exports approach 2025 highs; the excerpt notes roughly 0.4 billion (unit not specified) for three countries and references collective regasification capacity.

Excel Panamá delivered 20 Mitsubishi L200 GLX pickups to Grupo Car Rental Service on March 12, adding manual and new automatic models to the rental fleet to meet growing demand for versatile 4×4 vehicles.

DJI has sued Shenzhen rival Insta360 for alleged patent infringement over six patents covering flight control, structural design and image technologies, filing the case days before launching its first 360-degree drone.

Lloyd’s List reports China has summoned Maersk again amid tensions involving ports in Panama. The development highlights potential risks to shipping operations and Panama’s role as a strategic maritime hub.

Motorists in Beijing formed long queues at petrol stations Monday as they rushed to fill tanks ahead of a government-announced increase in refined oil prices set to take effect at midnight — the largest hike this year.

Senior investment executives at the Milken Institute symposium in Hong Kong urged investors to reassess China, citing rapid technological progress and a perceived easing of geopolitical risk compared with other regions.

Rising oil prices tied to the Middle East conflict are expected to push up costs for plastic goods, construction materials and household items in Hong Kong, while exporters warn of cash-flow strains as buyers shorten orders.

Regal Hotels and affiliates sold the 494-room Regal Kowloon Hotel for about HK$1.52bn (US$194m) to Centaline Group’s real estate arm, which plans to convert the property into a student hostel.

Customs data show China cut exports of gallium and germanium to Japan to zero in early 2026 while increasing rare-earth magnet shipments, a move that could signal targeted trade pressure amid diplomatic friction.