Economy – Page 4 – Panama Now Online

Bocas del Toro

“ABOVE BOARD” Commerce still a challenge in the “TOMBSTONE of the TROPICS” of Bocas del Toro.

“JB” via post LA ESTRELLA The “Kangaroo Court” of BULLSHIT needs to cease for PANAMA to forge ahead in coming years. The tropical gem of PANAMA is consistently being screwed around with and more than often it is US foreign investors getting screwed over. “JB” The president of El Faro de Bastimentos, SA claims that…

"JB"

Bocas del Toro

SURPRISED,….not me. MORE “shady” shit in the PARADISE “Bermuda Triangle” of Bocas del Toro.

“JB”- Money goes IN, but it NEVER comes OUT. Panama shoots itself in the foot when REAL business tries to pull the region out of the Jurassic Era, and skulldyggery and back handed system keeps it in the weeds. Now we have a few scumbags on the LAM, and shit jumps up a noth. Document…

"JB"

Crime

PANAMA added a NEW EPISODE to “Cult” TV SHOW Hit.

“JB:”- When a great TV show becomes a NEW reality program LAST WEEK. A riot broke out at the La Joyita penitentiary in Pacora on the evening of June 1 when authorities attempted to transfer or redistribute high-profile inmates, including leaders of several pavilions. A group of around 40 inmates knocked down pavilion doors, reached…

"JB"

Bocas del Toro

Red Frog Beach Panama Warning: Avoid This Risky Real Estate Scam

The post warns potential buyers to avoid investing in Red Frog Beach in Panama, framing the project as a risky scam. It urges readers to conduct due diligence and claims there is a long history of scandal, fraud, intimidation, and other misconduct. It also mocks promotional events and amenities associated with the development, suggesting they…

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

admin12 months ago3 weeks ago04 mins

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…

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

admin12 months ago3 weeks ago03 mins

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…

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

12 months ago01 mins

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…

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

12 months ago3 weeks ago03 mins

“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…

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

1 year ago3 weeks ago011 mins

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…

High Interest stifling growth of GDP here

1 year ago3 weeks ago013 mins

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…

Banana Labor protest was DEEMED Illegal -24 hour deadline PASSED

1 year ago04 mins

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,…

US-CHINA agreement gives BOOST to market- What does it mean to PANAMA?

1 year ago05 mins

https://newsroompanama.com/2025/05/12/what-does-the-us-china-tariff-deal-mean-for-the-panama-canal/ The US and China have agreed a truce to lower import taxes on goods being traded between the two countries. That means more ships traveling through the Panama Canal. Good for Panama. Good for the world. The agreement marks a major de-escalation of the trade war between the world’s two biggest economies, which…

PANAMA-US-CHINA: The international “Menage a Trois” Continues. One Huge BS story

1 year ago3 weeks ago04 mins

https://www.bbc.com/news/articles/clyzlk259g2o A Hong Kong-based company has agreed to sell most of its stake in two key ports on the Panama Canal to a group led by US investment firm BlackRock. The sale comes after weeks of complaining by President Donald Trump that the canal is under Chinese control and that the US should take control…

Continued. READ MORE on “PNO” people

1 year ago3 weeks ago07 mins

Since 1987, Panama has legally granted visas to foreign retirees and pensioners so that they can choose to reside in the country. A global survey indicates that foreign retirees and pensioners have chosen Panama as their retirement destination in 2025. https://www.laestrella.com.pa/economia/panama-lidera-encuesta-como-destino-de-retiro-PF10623581 According to the Global Retirement Index by International Living and InterNations, 74% of respondents…

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Category: Economy

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

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

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

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

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

High Interest stifling growth of GDP here

Banana Labor protest was DEEMED Illegal -24 hour deadline PASSED

US-CHINA agreement gives BOOST to market- What does it mean to PANAMA?

PANAMA-US-CHINA: The international “Menage a Trois” Continues. One Huge BS story

Continued. READ MORE on “PNO” people