Regarding the trade promotion agreement between Panama and the United States, Cabrera revealed that the review committee meetings will begin in October. The United States ambassador to Panama, Kevin Cabrera , reiterated that his country is excited that Panama Ports Company (PPC) , a subsidiary of CK Hutchison, will no longer be operating the ports of Balboa and…
https://newsroompanama.com/2025/08/05/in-the-first-half-of-the-year-2025-panama-canal-toll-revenues-are-up-by-33/ Toll revenues on the Panama Canal increased 33.2% in the first half of the year. This achievement is due to the increase in the transit of vessels, mainly deep-draft vessels, during this period. Vessel traffic increased by 25.7%, with 6,855 vessels crossing the interoceanic waterway in the first half of the year, of which 5,967 were deep-draft vessels, an…
https://newsroompanama.com/2025/07/16/we-cannot-and-should-not-lose-a-banana-plantation-job-in-bocas-del-toro-says-martinelli/ According to the president of Realizando Metas, a banana plantation job in Bocas del Toro cannot and should not be lost. “It’s not just thousands of jobs, but the image projected after what happened with the copper mines, disputed ports, etc., combined with the gross manipulation of justice and the lack of due process,”…
Let the “dog and pony” show begin. PANAMA makes it to the VIP Room. The foreign minister emphasized that removing the country from the list was one of the current Panamanian government’s priorities “from day one.” Panamanian Foreign Minister Javier Martínez-Acha celebrated Panama’s removal from the European Union (EU) money laundering list on Tuesday, July…
https://www.laestrella.com.pa/economia/hacer-economia-como-si-la-gente-importara-la-cara-de-la-inequidad-en-panama-AF14229889 Panama’s economic growth is not reflected in the quality of life of most of its citizens. While macroeconomic figures are used as a political argument, social indicators show growing inequality, unemployment, and social discontent. Some time ago, I was speaking with the former president of the Colon Free Trade Zone Users Association, Usha Mayani,…
“JB”- A buddy of mine has started to cultivate his own Cacao processing out of Bocas del Toro, as Cacao demand increases worldwide. It will be distributed via “MI BELLA IMPORTS”. I wish his group the best as I am aware he is sitting on a mountain of Cacao down there in BDT. The Bocas…
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…
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…
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…
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…
