Category: Business

Cathay Pacific has extended suspensions of Middle Eastern flights; expanded European services may offset passenger losses, but experts warn cargo operations face higher costs from lost transit routes and war-driven fuel and insurance pressures.

Panama Ports has raised its ICC arbitration claim against the Panamanian state to over $2 billion, and says Panama has not yet filed an initial response.

A unit of CK Hutchison told media on March 25, 2026, that its arbitration claim against the Republic of Panama now exceeds $2 billion; details remain limited and the implications could be significant for Panama’s finances and investment climate.

Panama’s dollarized economy and relative economic stability are drawing digital nomads away from other Latin American options by reducing currency risk and simplifying daily life for remote workers.

A unit of CK Hutchison told Reuters its arbitration claim against Panama now exceeds $2 billion, highlighting potential financial and investor impacts for the Panamanian government.

Niseko’s mix of international visitors, Japanese protocols and a compressed winter season has created cultural and operational friction. The Luxe Nomad COO Patrick Ohtani exemplifies a third‑culture manager navigating these challenges.

Epic Games will lay off more than 1,000 employees as Fortnite engagement weakens and the company cites industry-wide slower growth, softer spending and tougher economics—not AI.

A Panama-based Medicare agent reports wide variation in how Panamanian hospitals handle direct billing for U.S. Medicare beneficiaries, praising Chiriqui Hospital for consistency while warning others are inconsistent or have suspended programs.

Panama restaurant owners report reduced consumption this month and are considering menu changes or smaller portions as they respond to higher fuel prices impacting costs.

The South China Morning Post’s Open Dialogue featured Gary Liu and Liu Xiaochun discussing stablecoins, contrasting China and US approaches and noting Hong Kong’s expected policy moves.

Al Jazeera reports Elbit Systems has seen rapid growth as conflicts intensify across Iran, Palestine and Lebanon, illustrating how regional wars boost defence-industry demand.

Iran’s choke on the Strait of Hormuz forced Gulf exporters to divert shipments and is increasing interest in Arctic energy supplies and northern shipping routes as alternative options.

Tenants at Merca Panamá report price increases for several products and are urging consumers to visit the market to reduce the cost of the basic food basket.

Indian authorities completed assessments tied to offshore leaks and recovered Rs 14,636 crore linked to assets identified through the Panama Papers and related disclosures.

A recent roundup of offshore casinos prominently cites Panama Gaming Authority licences, listing features like seven-year licences, financial requirements and fast payouts. Players should verify licence claims and seek independent confirmation before using offshore platforms.

Panama completed its first 2026 Treasury Notes auction, awarding about $43.8 million with yields around 5.43–5.45% as global interest rates remain high.

The Boring Company has told Panama City Mayor Mayer Mizrachi it remains interested in sponsoring prefactibility studies for a proposed pedestrian tunnel under the Panama Canal, despite the project not winning the Tunnel Vision Challenge.

Domingo de Obaldia, president of Panama’s Asociación de Restaurantes y Afines, urged government action to lessen the impact of rising fuel costs on restaurants and related businesses.

A Hutchison Ports subsidiary has increased its arbitration claim against Panama to more than $2 billion after calling the government’s takeover of key terminals “unlawful,” escalating a major dispute over port control.

The Panamanian government asked the National Assembly for $30.5M to clear unexploded ordnance on 695 hectares in Colón so the land can be sold to the ACP for $126M, prompting parliamentary scrutiny.