Panama Canal sees signs of rebound in global trade - The Panama Canal is seeing signs of a rebound in global trade as ship transits recover from the depressed levels caused by the pandemic. Total transits through the waterway rose to 933 in July, from 845 in June, which was the fewest since the canal opened an expanded set of lo... more

Panama Canal sees 10,000 transits of neo-panamax - On Monday the 10th of August the Panama Canal marked its 10,000 transits through the expanded locks of the canal. This has been achieved in the same week when the Panama Canal celebrates its 106 years of operations.  "Reaching this mark just over four years after the open... more

Panama to Speed Up Trade with Mexico - On July 22, the Panamanian and Mexican authorities signed Decision No. 3 of the free trade agreement between the two economies. The document will become effective 45 days after its signature. Mexico is the sixth most important trading partner of Panama, a country with which it... more

Panama: Manufacturing services for multinationals - Recently the Panamanian government proposed a new regime focused on attracting multinational companies involved in manufacturing, assembly, maintenance, remanufacturing and conditioning of products, R&D and logistics services to companies from within the same business grou... more

Panama economy heading towards 5.5% growth - Panama”s economy is is advanced “in its recovery process”. and ”we expect economic growth for 2020 to reach 4.8% and climbing" said The International Monetary Fund (IMF) following an on-site evaluation. “We see that there is a clear recovery in the economy. We expect that econ... more

Panama City's 500th anniversary - Panama City on Thursday marked the 500th anniversary of its founding by the Spanish on Aug. 15, 1519. Big blue butterflies and smaller orange and black ones were released by the hundreds to mark the day when Pedro Arias de Avila founded the city. The city’s old center, known a... more

Panama Canal 8.5% more revenue in 2018 - Panama Canal revenues totaled 2,513.2 million dollars in 2018, 8.5% more than the 2,316.3 million of the previous year, according to figures from the Institute National Statistics and Census (Inec) released on Wednesday. The revenue increase of 2018 is less than the 17.6% of t... more

Activity in Free Zone 6.5% increase 2018 - The commercial activity in the Colon Free Zone (CFZ), located in the Panamanian Caribbean and considered the largest in the continent, reached 20,931 million dollars in 2018, representing a 6.5% increase compared to the previous year, the commercial emporium reported Tuesday. ... more

Latin America: Time to build a bloc - The region faces a new opportunity to strengthen tradeIn the face of a rising US dollar and a global trend towards protectionism that affects some of the globe’s globe's major economic powers, the leading markets of Latin America find themselves with an opportunity to work on ... more

Agreement US and Panama on renewable energy - Panama and the USA agreed on Friday to promote infrastructure projects for energy development from renewable sources in the Central American country, which this day inaugurated the first generation plant based on liquefied natural gas (LNG), of US capital, of the region. The a... more