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 facing major economic fallout from the closure of First Quantum’s copper mine, which had been a significant source of jobs, exports, and tax revenue. The shutdown is now weighing on growth, public finances, and investor confidence.
A supplier to the Donoso mine addressed a private-sector survey on interest in reopening the operation, renewing attention on a major national debate. The issue continues to carry economic and political significance for Panama.
Panama and Germany held talks in Panama City on trade, security and possible cooperation on the Panama-Chiriquí-Frontera railway project. The meeting also focused on strengthening bilateral relations and combating drug trafficking.
A Panama-flagged container ship, identified as the Euphoria, was among three vessels attacked in the Strait of Hormuz. The incident highlights the risks facing global shipping in one of the world’s most important maritime chokepoints.
Panama is attracting retirees, remote workers, and investors who see the country as a place to combine lifestyle, stability, and financial planning. Its dollar-based economy and strategic location remain major draws.
Panama is gaining attention as a destination for people seeking a fresh start, lower costs, and financial stability. Its dollar-based economy, business hub status, and strategic location continue to make it appealing.
Panama is attracting people seeking a cheaper, warmer place to live while protecting savings and rebuilding their lives. Its dollar-based economy and regional importance add to the appeal.
Rootstack’s beginnings at Panama’s Technological University show how local talent and careful planning helped shape a growing tech company. Its story adds to the country’s broader push toward a more diversified digital economy.
Tensions in the Strait of Hormuz are increasing shipping costs tied to the Panama Canal, underscoring how global disruptions can affect the Panamanian waterway. The canal remains a vital route for roughly 5% of world maritime trade.
Tocumen Airport increased passenger traffic 15% in the first quarter, surpassing 5.7 million travelers. Flights and air cargo also rose, reinforcing Panama’s role as a regional aviation hub.
Panama’s ATTT sent secretary general Justo Castañeda on vacation leave as authorities move to repeal a decree regulating transport apps. The decision adds political attention to the ongoing debate over ride-hailing and transit oversight.
Panama Canal queues have grown as tankers move ahead of grain ships, adding pressure to a vital global trade route. The delay could affect commodity shipping schedules and broader cargo flows.
Rising conflict risk in the Middle East is sending more ships toward the Panama Canal, increasing demand and pushing transit costs higher. The shift underscores the canal’s global importance in times of maritime disruption.
Panama is attracting more American retirees and investors with its U.S. dollar economy, tax-friendly reputation, and growing real estate market. The trend highlights the country’s appeal as a practical and financially attractive relocation destination.
Panama remains a top choice for retirees and investors drawn to its lifestyle appeal, international connections, and long-term value. Its role as a regional hub continues to strengthen its reputation as a place to settle and invest.
Shipping companies are rerouting vessels toward the Panama Canal as tensions affecting the Strait of Hormuz push them to seek safer passage. The shift highlights the canal’s strategic role in global trade and Panama’s importance as a maritime hub.
Tensions in the Strait of Hormuz are pushing up shipping costs and affecting trade routes linked to the Panama Canal. The canal remains a key pressure point as global carriers adjust to rising maritime risk.
Transit costs through the Panama Canal have climbed as Middle East tensions and the closing of the Strait of Hormuz disrupt global shipping. The change highlights how conflict in one region can raise costs for Panama’s key maritime corridor.
The Panama Canal Authority rejected the idea that a $4 million line-jumping payment was extraordinary, saying it reflected a rate set by the canal. The clarification comes as pricing and priority access at the waterway draw fresh attention.
A new debate over Panama’s concession contracts centers on whether the State should be paid from gross revenue instead of disputed profit calculations. The issue is gaining attention as contracts come up for renewal.