New “pariah” Martinelli sounds like “sour grapes” for Mulino unshackled with new EU status

People are going “all in” and betting hard on Panama with removal from “Gray List”. And IMHO, sounds like RM is a bit “frosty” in thinking of all the money he could have made if this was the case when he was in charge.  Hey “Rico”, you and your family did quite well. No alligator…

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PANAMA to host important meeting about sustainable fishing operations

https://newsroompanama.com/2025/07/11/the-meeting-of-the-inter-american-tropical-tuna-commission-will-be-hosted-again-by-panama/ From September 1 to 5, 2025, Panama will host the meeting of the Inter-American Tropical Tuna Commission (IATTC) for the second consecutive year. This international meeting will bring together representatives from 20 countries, more than a dozen non-governmental organizations, 250 in-person observers, and another 200 participants connected virtually, with the aim of strengthening measures for the…

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Massive layoffs disrupt labor in BDT from “Chiquita” situation

https://newsroompanama.com/2025/07/11/after-massive-layoffs-in-bocas-panamas-president-mulino-pushes-for-chiquitas-return/ Panama’s President José Raúl Mulino pledged on Wednesday to do everything possible to convince U.S. banana giant Chiquita Brands to resume operations in the country, after the company shut down during a strike and protests that caused it millions in losses. Chiquita ceased operations and laid off about 7,000 workers at its Changuinola plant in the…

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BAC steps up to be the biggest PANAMANIAN bank on the world stage

https://newsroompanama.com/2025/07/04/panama-bac-completes-the-largest-financing-transaction-in-its-history/ BAC International Bank, Inc. (BAC) successfully closed a USD 500 million international syndicated financing, making it the largest financing of its kind in the history of a Panamanian banking institution. The transaction, led by Sumitomo Mitsui Banking Corporation (SMBC), JPMorgan Chase Bank, NA (“JPMorgan”), and Wells Fargo, significantly exceeded the original offering, reflecting the confidence…

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Where are the “GOOGLE” companies in PANAMA? Who likes working where?

Workers, recruiters, and citizens contributed their opinions to the Merco ranking update. Merco Talento Panama presented the results of the second edition of its ranking of Panamanian companies that attract talent, the majority of which are from the financial and banking sectors. https://www.laestrella.com.pa/economia/conozca-las-empresas-panamenas-donde-todos-quieren-trabajar-PC13999305 Banco General repeats for the second consecutive year as the best company to…

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Additional Locks+ Additional Traffic= Additional MOOLAH. Big incease in Canal passage for 2024

A total of 25,000+ vessel transits have crossed the expanded locks of the Panama Canal in the last nine years, since the inauguration of the first ship, the Cosco Shipping Panama, on June 26, 2016.  Specifically, 2,181 vessels passed through the Neopanamax locks of the Panama Canal, a canal expanded by Panama, during these past eight…

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EX-PATS- 401K’s and Retirement Investors, US markets respond to Trump, but IRAN states otherwise

“JB”- Week starts with (2) POSITIVE days amid Trump statements, but IRAN states NO CEASEFIRE reached. ?!?!   https://www.cnbc.com/2025/06/22/stock-market-today-live-updates.html MON-   UP (350 pts) https://www.cnbc.com/2025/06/23/stock-market-today-live-updates.html TODAY- UP (500 pts )     https://www.laestrella.com.pa/mundo/iran-desmiente-a-trump-y-rechaza-hasta-el-momento-un-cese-de-hostilidades-con-israel-EJ13924198 Tehran clarifies that there is no agreed truce. The Iranian government makes any military pause conditional on the end of Israeli attacks against…

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This is GOOD press for PANAMA, but comes with a caveat, “RETIREES-DO YOUR DUE DILIGENCE

JB OP Ed:  While I always love pieces in “International” periodicals and Magazines that show how PANAMA is such a GREAT choice for “RETRIREES: and “EX-PATS”, I have learned very well that you can’t believe all the shiny ads and pumped up hype during the solicitation process. It can get you punch drunk on visions of…

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High Interest stifling growth of GDP here

The bank’s interest rate hikes are the spark that sparks a social tinderbox already fueled by the mining and social security crises. It suffocates families, forcing them to choose between paying their debts or eating, a pressure that fuels discontent and directly threatens the country’s peace. https://www.laestrella.com.pa/economia/panama-tasas-de-interes-elevadas-y-descontento-social-anuncian-la-tormenta-perfecta-JO13486359 In the first months of the current administration, and…

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Banana Labor protest was DEEMED Illegal -24 hour deadline PASSED

The Fifth Section Labor Court of Changuinola, Bocas del Toro, declared the strike by workers at the Chiquita Panama banana company illegal and gave them 24 hours to return to their jobs; otherwise, they will lose their labor rights.  Judge Álvaro Jiménez stated in his ruling that the strike, which began on Monday, April 28,…

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