Coverage of Panama’s corporate world, markets, startups, and trade developments. We provide news, analysis, and practical insights for business leaders and entrepreneurs.
Panama City voided its $1.07 million pocket parks tender after the only bidder failed to submit complete documentation. A new public call is expected soon for 10 parks across seven corregimientos.
Panama City is considering longer business hours during the 2026 World Cup, with a proposal to keep stores open until 2:00 a.m. from June 11 to July 19. The move aims to support nighttime commerce during the tournament.
Costa Rica’s president has escalated the trade dispute with Panama, sending the issue to the foreign ministry and warning that agricultural producers are being hit. Panama says it is open to talks, but only on equal terms.
Panama’s business water costs are getting renewed attention as global markets move toward more flexible utility procurement models. Even without retail competition, local companies can still find savings through billing checks, leak detection, and tariff reviews.
Panama has officially approved its digital driver’s license, moving the document into the country’s legal and administrative framework. The rollout marks another step in the modernization of public services.
Panama’s ties with China are facing fresh scrutiny after setbacks prompted a reaction from Beijing. The developments underscore Panama’s importance as a strategic trade and diplomatic crossroads.
Panama’s private sector supports the Economic Substance bill and sees it as a step toward greater competitiveness. Business leaders, however, want changes before the proposal advances.
The Technological University of Panama is advancing a bioconversion project that turns agroindustrial waste into useful resources in Coclé. The initiative seeks to cut environmental damage while supporting a circular economy.
Cargo transporters in Panama are split over the fuel subsidy, with some saying long-haul diesel costs still hurt profits. Drivers on routes like Chiriquí to Panama City say fuel remains a heavy burden.
Grupo Silaba began its 35th anniversary celebrations with Thomas Christiansen, using a talk on teamwork and preparation to connect business with Panama’s World Cup moment. The company highlighted the coach’s leadership as it marked three and a half decades in the market.
Panama’s Ministry of Economy and Finance has closed the urns for the Fiscal Lottery Regional 2026, which offers prizes of up to B/.10,000. The program encourages consumers to request official receipts and support tax compliance.
The Panama Canal is taking steps to protect operations as El Niño raises concerns about dry conditions and falling water levels. Officials want to avoid a repeat of the 2023 drought that disrupted ship traffic and global trade.
First Quantum says Panama has lost about $3.5 billion since the Cobre Panamá mine was shut down. The closure continues to affect jobs, exports, public revenue, and investor confidence.
Panama’s Ministry of Economy and Finance has outlined the official calculation for CEPANIM 2026 and started printing certificates. Gains from selling or negotiating CEPANIM will be fully exempt from national taxes.
Panama’s Law 523 now lets customers swap sugary drinks for bottled water in fast-food combos without an extra fee. Restaurants must also clearly display the option on menus and digital platforms.
First Quantum says Panama has lost about $3.5 billion since the halt of the Cobre Panamá mine, highlighting the shutdown’s broad economic impact. The closure continues to affect jobs, revenue, and investor confidence.
Panama’s tanker and canal-linked transport business is booming as high-demand transit slots and shipping registry services bring in major revenue. Drought risk remains a key challenge for the country’s maritime sector.
Panama’s ship registry remains one of the most used in the world, drawing scrutiny as vessels flying its flag continue to appear in high-profile maritime incidents. The system’s low barriers and long history help explain its enduring appeal.
The Panama Canal says El Niño will not force shipping limits this time, even as the waterway remains under heavy global demand. That outlook is important for Panama’s trade-linked economy and the stability of one of the world’s busiest transit routes.
The Panama Canal is not planning to cut ship transits in 2026 despite continued drought concerns. The decision supports shipping confidence and reduces uncertainty for global trade routes.