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 has opened Puerta Azul in Casco Antiguo, a new parking space connected to the Parkea PTY app and monitored 24 hours a day. The project aims to improve order and mobility in one of the capital’s busiest historic areas.
Panama recorded 84,067 new work contracts in the first quarter of 2026, up 16,923 from the same period last year. The increase was described as a sign of gradual labor market improvement.
The Panama Canal is seeing rising demand, underscoring its continuing role as a critical route for global shipping and a major driver of Panama’s economy.
The Panama Canal handled 6,288 transits in the first half of fiscal 2026, a 5% rise as Middle East disruptions boost its appeal. A $4 million slot fee also reflects strong demand for access.
Panama’s proposed bioethanol bill is facing scrutiny after questions arose over Minister Felipe Chapman’s family ties to a company linked to the project. The issue has put conflict-of-interest rules and the government’s energy agenda in the spotlight.
Panama urged the UN Security Council to protect free navigation as Strait of Hormuz tensions disrupt shipping and threaten global trade. Deputy Foreign Minister Carlos Hoyos also raised concern over detentions of Panamanian-flagged vessels.
Panama’s port sector is feeling pressure as prolonged tensions around the Strait of Hormuz keep global shipping and energy markets unstable. The country’s role as a maritime hub makes it vulnerable to higher fuel costs, shifting cargo routes and broader trade uncertainty.
Panama City is targeting Canadian event planners as part of a wider push to grow business travel and attract more international meetings and incentives. The strategy highlights Panama’s effort to strengthen its role as a regional hub for corporate events.
The Puente de las Américas completed controlled load tests with satisfactory results after a tanker explosion prompted fresh inspections. Authorities will now analyze the data to define the bridge’s long-term maintenance plan.
Fuutura has launched in Panama City as a blockchain infrastructure company focused on compliance-first financial technology. The debut adds to Panama’s profile as a regional hub for international business and digital finance.
Panama’s bioethanol bill has sparked scrutiny after Finance Minister Felipe Chapman participated in Cabinet approval despite family ties to one of the interested sugar companies. The proposal is now in the National Assembly for second debate.
Panama City will host the 12th World Congress of the World Free Zones Organization on May 14, 2026, highlighting the country’s role in global trade and logistics. The event is being held in partnership with the Government of Panama.
Panama City will give drivers two free hours in Cinta Costera 3 parking before app-based fees begin. The new system is designed to improve parking turnover and traffic management in a busy public area.
Panama City will host the 12th World Congress of the World Free Zones Organization, putting the capital at the center of global trade and investment discussions. The event highlights Panama’s role as a logistics hub linked to the canal and regional commerce.
Panama City announced May 1 holiday hours for markets, tourist sites and municipal offices. Some major markets will operate normally, while others and several city agencies will close.
Panama will promote itself to Canadian meetings and events planners with May events in Toronto and Montreal. The push aims to strengthen the country’s position in the MICE market and attract higher-value business travel.
San Miguelito is advancing work with a contractor to open its municipal market, with the facility potentially operating in 2027. The project could become a key commercial hub for the district.
Panama has awarded 20-year contracts for hydroelectric and wind power supply, reinforcing the role of renewables in the country’s long-term energy planning. The agreements add stability to the electricity sector and support future investment in generation.
The Panama Canal is moving more cargo while avoiding major congestion, helping keep global shipping schedules steadier. The flow underscores the canal’s continuing role as a key economic and trade asset for Panama.
Panama is being urged to refocus on foreign direct investment as a driver of formal jobs and economic competitiveness. The argument ties weaker investment flows to rising unemployment and informality.