Panama

Global maritime trade, which accounts for 80% of international exchanges, is experiencing significant disruptions. Key routes, the Red Sea and the Panama Canal, face reliability...

Ricaurte Vásquez, the Panama Canal's administrator, predicted a significant revenue decline for the fiscal year 2024 yesterday. He estimates a drop in toll income of...

In 2023, Tocumen International Airport in Panama handled 17,825,465 passengers, surpassing its 2019 record and achieving a new high. Raffoul Arab, the airport's manager, said...

Maersk, a major logistics and shipping company, has announced a change in its route due to low water levels in the Panama Canal, one...

The Panama Government has announced a two-year phased increase in the minimum wage, varying by business type. It ranges from 4.5% to 7.0%. Doris Zapata,...

In 2023, the Panama Canal faced its driest year, exposing stumps of a century-old flooded forest. These remnants should be submerged despite the usual rainy...

President Laurentino Cortizo of Panama forecasts a 7% increase in the country's GDP for 2023, alongside a 1.6% inflation rate. In his final address at...

Panama closed 2023 with an impressive 5 to 6 percent economic growth, marking a significant achievement both regionally and globally. Yet, 2024 looms with its...

Responding to the prolonged drought, the Panamanian government has extended the National Environmental Emergency until May 31, 2024. Initially set to end on December 31,...

Panama faces a partial blackout before Christmas Eve, as a power system failure disrupts electricity and water supplies. Local companies and authorities reported the issue...

The Panama Canal Authority (ACP) today announced a significant increase in daily transits to 24 starting in January. This decision eases the operational restrictions initially...

Panama's Supreme Court has recently ruled against First Quantum Minerals Ltd.'s mining contract, shaking the foundation of one of the world's largest copper mines. The...

The Panama Canal Authority (ACP) has launched additional auction slots as a creative solution for the canal's congestion, mainly caused by a prolonged drought. This...

Panama's economy grew by 8.7% in the first eight months of this year, a noteworthy achievement. The National Institute of Statistics and Census (INEC) provided...