Category: Economy
Panama economy news: growth, prices, jobs, public finances, trade and the business decisions affecting residents, investors and expats in Panama.
Transport Operators Warn They Cannot Absorb Another Fuel Price Increase
Drivers and transport operators are watching this week fuel-price change closely, warning that another increase would hit operating costs.
MiAmbiente Moves Olive Ridley Nest to Protect 106 Eggs in Chiriqui
Environmental authorities relocated an olive ridley turtle nest to an artificial nursery at Playa La Barqueta Agricola Wildlife Refuge.
Darien Collision Injures Five After Bus and Pickup Crash
Five people were taken to the Meteti Health Center after a collision between a bus and a pickup in Altos de Cristo, Darien.
Landslide Closes Chiriqui Grande-Gualaca Road in Bocas del Toro
The Ministry of Public Works said machinery was being sent to clear the Chiriqui Grande-Gualaca road after a landslide blocked traffic.
Cinta Nortena Users Warn of Overgrowth, Missing Lights and Safety Risks
Residents in Panama Norte say sections of the Cinta Nortena have deteriorated, with overgrown vegetation, missing lighting and reduced safety for walkers.
Auto Insurance Claims Hit 70 Percent in Panama First Half
Panama insurers reported $183.7 million in auto premiums and $128.5 million in claims during the first half, keeping the segment under cost pressure.
Thunderstorms and High Surf Put Parts of Panama on Alert for July 31
Forecasters warned of isolated thunderstorms near coastal areas and adverse Caribbean surf as UV levels reached very high to extreme categories.
MINSA Verifies Macaracas Water Plant Improvements and Confirms Water Quality
MINSA inspected the Macaracas water treatment plant in Los Santos, confirmed infrastructure improvements and verified water quality.
CAPAC Backs ITBI Elimination for New Homes Up to B/.120,000
CAPAC backed the Cabinet Council decision to eliminate ITBI for new homes valued up to B/.120,000, saying it could support housing access and employment.
Tropical Wave 39 to Bring Rain and Storms Across Panama Through August 2
Rain and storms are expected across Panama through Sunday, August 2, as Tropical Wave 39 increases atmospheric instability.