Coverage of Panama’s corporate world, markets, startups, and trade developments. We provide news, analysis, and practical insights for business leaders and entrepreneurs.
Panama is nearing a nationwide rollout of its digital driver’s license, which will cost less than the physical version. The new format is part of the country’s push toward more modern public services.
The Panama Canal is more than a trade route for the United States; it is a strategic asset tied to security, logistics, and regional influence. Its central role also reinforces Panama’s importance in global commerce and geopolitics.
Panama’s official fuel price list shows 95-octane gasoline rising 9 cents per liter in the latest adjustment. The new rate will remain in effect until May 29.
Panama City is expanding its tourism appeal with Casco Peatonal, Playita Las Garzas and a packed cultural calendar as visitor arrivals rise nationwide. The city is tying public-space upgrades to the country’s broader tourism boom.
Copa Holdings reported first-quarter profit of $212.5 million as passenger traffic rose and the airline expanded its fleet. Higher fuel costs weighed on results, but the company maintained strong margins and liquidity.
Panama’s National Energy Secretariat has announced higher fuel prices nationwide, with gasoline 95, gasoline 91 and diesel all rising. The increase is linked to global oil market pressure driven by tensions in the Middle East.
Panama’s strategic location and services-based economy give it room to strengthen growth through freer markets and pro-business reform. The country’s future competitiveness may depend on how well it supports private enterprise.
Panama’s Maritime Chamber is urging an urgent update to the country’s maritime strategy to protect its logistics hub status and support jobs. The call comes as new port investments, Canal-linked projects and regional competition reshape the sector.
Panama could raise up to US$177.5 million from planned 5G licenses, underscoring the fiscal and economic stakes of the country’s next mobile rollout. The move could also speed digital upgrades for businesses and consumers.
Panama Canal transit auction fees have climbed to US$4 million, reflecting strong demand for limited passage slots. The increase highlights the canal’s central role in global trade and Panama’s logistics economy.
Panama is advancing new economic substance rules that could reshape how shipping structures use the country’s maritime registry. The move is part of a broader push to strengthen compliance and protect the reputation of the Panamanian flag.
Panama’s tax reform is drawing attention not only for tougher rules on multinational companies, but also for the need to impose deadlines and accountability on the state. The debate centers on whether the government should modernize its own tax administration as aggressively as it regulates taxpayers.
Panama’s pension debate is turning toward how the country can use income from ports, the Canal and logistics to build a more sustainable system. The key issue is not only revenue, but whether new funds can be managed with strong oversight and credibility.
Panama Customs seized alleged counterfeit national team jerseys and 130,000 World Cup 2026 stickers in Paso Canoas, Chiriquí, during an attempted illegal crossing toward Costa Rica.
Gasoline and diesel prices in Panama will increase starting May 15 and remain in place until May 29, 2026. The change is likely to affect drivers, transport costs, and business expenses.
Panama’s Bill 491 has sparked a dispute between lawmakers, the president, and maritime business groups over its impact on logistics and shipping costs. Supporters say the measure would not hurt the economy, while critics warn it could affect port activity.
Asep has warned that TV boxes and IPTV devices in Panama can only be sold with authorized content and licensed applications. The regulator says violations may lead to sanctions from Asep and consumer protection authorities.
DP World has secured IATA certification for its freight forwarding operations in Panama, boosting its air cargo presence in a key regional logistics hub. The move adds to Panama’s role in connecting trade flows across the Americas.
Copa Holdings posted higher first-quarter revenue as expanded capacity helped boost airline activity. The result highlights the company’s role as a major Panama-based carrier and regional travel hub operator.
President José Raúl Mulino promoted Panama as a key connector of markets, investment, and opportunity during a congress on free trade zones. His message highlighted the country’s role as a regional logistics and commerce hub.