Coverage of Panama’s corporate world, markets, startups, and trade developments. We provide news, analysis, and practical insights for business leaders and entrepreneurs.
Panama condemned Iran’s seizure of a Panamanian-flagged vessel and said it is closely monitoring the situation. Authorities are focusing on the safety of the crew and the country’s merchant fleet.
Iran attacked and detained three cargo ships in the Strait of Hormuz, including two sailing under the Panamanian flag. The incident underscores rising maritime risk as tensions with the United States intensify.
Panama has established subsidy amounts for fuel used by cargo transport and artisanal fishing to offset higher costs driven by international energy market pressures. The measure seeks to support two sectors that are vital to commerce and food supply.
IMA director Nilo Murillo met with chiriquí bean producers to discuss how the grain will be sold in the agency’s stores. The meeting highlights Panama’s efforts to support local agriculture through state-run distribution channels.
An ICSID tribunal has excluded counsel from a Panama real estate arbitration, a procedural ruling that could affect how the investment dispute moves forward. The case underscores the scrutiny surrounding Panama-related investment claims.
Panama is among several countries investing in cruise operations as governments try to capture more tourism spending and strengthen port infrastructure. The move underscores the growing importance of cruise travel to the country’s tourism economy.
IMA advanced a cash purchase agreement for 30,000 quintals of Chiriquí beans after meeting with producers in the province. The deal follows a commitment made by President José Raúl Mulino to support the sector.
The Chamber of Commerce, Industries and Agriculture of Panama has posted new job vacancies on its employment portal. The openings give job seekers another way to track private-sector hiring opportunities in the country.
Changan Panamá launched the Alsvin Plus 2026 in Panama, a sedan that combines a larger cabin, a 1.5-liter engine and new digital features. Prices start at B/. 14,988, with a five-year or 100,000-kilometer warranty.
Panama condemned the seizure of a vessel flying its flag in the Strait of Hormuz, calling it illegal. The incident highlights the country’s exposure to global shipping risks through its major maritime registry.
The IDB projects Panama will grow about 4% in 2026, but warns that job creation and fiscal efficiency remain major challenges. The bank also points to logistics, the Canal and public management as key to sustaining growth.
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.