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BUSINESSAug 21Panama Canal to cut number of ships passing through due to El NiñoThe crucial waterway's operator says low rainfall caused by the ocean pattern had led to the decision.BBC World
BUSINESSAug 21Panama Canal to reduce shipping as El Niño fuels drought in lakes that feed waterwayThe operator said it does not rule out further restrictions on shipping depending on how much it rains in the coming weeks.EuroNews [en]
BUSINESSAug 21Panama Canal to cut daily transits as El Niño grips regionAuthority plans to reduce number of passages for only the second timeFinancial Times
BUSINESSAug 20Panama Canal to cut daily ship traffic as drought worsens from El NinoThe Panama Canal will limit daily vessel traffic from September 3, the Pnama Canal Authority said Thursday, as a severe drought fuelled by El Nino depletes water supplies needed to operate the vital trade route. The restrictions will reduce crossings from 36 ships a day to 34, and then to 32 from September 15.France 24 [en]
BUSINESSAug 20Hong Kong conglomerate seeks $1 . 5 billion in damages from Panama for takeover of canal portsA Hong Kong conglomerate is seeking $1.5 billion in damages from Panama for the alleged takeover of canal ports. This highlights a major international business and legal dispute.mymotherlode.com · United States
BUSINESSAug 20CK Hutchison seeks US$1 . 5 billion from Panama in treaty dispute arbitrationCK Hutchison is seeking $1.5 billion from Panama through treaty dispute arbitration. This action indicates a major financial disagreement between the company and the country.channelnewsasia.com · United States
BUSINESSAug 20Hong Kong conglomerate seeks $1 . 5 billion in damages from Panama for takeover of canal ports – Winnipeg Free PressA Hong Kong conglomerate is seeking $1.5 billion in damages from Panama following the takeover of canal ports. This represents a major international business and legal dispute.winnipegfreepress.com · Canada
BUSINESSAug 20Panama will Charge ITBMS to Netflix and other platforms . Felipe Chapman Explains How . Panama plans to implement an ITBMS charge on Netflix and other digital platforms. Felipe Chapman will explain the details of this new taxation policy.newsroompanama.com · Panama
BUSINESSAug 20Hong Kong’s CK Hutchison seeks HK$11.7b from Panama over canal ports disputeHong Kong-based CK Hutchison has launched international arbitration against Panama, seeking more than HK$11.7 billion (US$1.5 billion) in damages over the government’s takeover of two strategic ports at the entrances to the Panama Canal. Announcing the move on Thursday, the Li Ka-shing family-backed conglomerate said Panama had breached an investment-protection treaty and international law through “sovereign acts” targeting its decades-old concession to operate the Balboa and Cristobal...South China Morning Post
BUSINESSAug 13CK Hutchison says ‘forced termination’ of Panama ports cut 1% off throughputHong Kong-based CK Hutchison Holdings has revealed the “forced termination” of operations at two strategic Panama Canal ports shaved 1 per cent off overall throughput in the first half of this year, even as the overall port portfolio performed better than a year ago. In its half-year financial results released on Thursday, the Li Ka-shing family-backed conglomerate for the first time quantified the impact of losing the ports after the Panama government nullified an operating contract and then...South China Morning Post
BUSINESSAug 10Panama Canal draft increase | The Rio TimesThe Panama Canal has announced an increase in its draft, according to The Rio Times. This development is significant for global shipping and trade operations.riotimesonline.com · Brazil
BUSINESSAug 3In Panama , MEF Will Replace the E - Tax System After Tax Credit Fraud Detected in Operation PandoraPanama's MEF will replace its e-tax system following the detection of tax credit fraud during 'Operation Pandora'. This action aims to address significant financial irregularities within the country's tax system.newsroompanama.com · Panama
BUSINESSJul 20 Panama is not only the beginning : Foreign Minister pitches nation as India premier manufacturing , trade launchpad in Latin AmericaPanama's Foreign Minister is promoting the country as a major manufacturing and trade hub for India in Latin America, indicating a push for increased international economic ties.nigeriasun.com · Nigeria
BUSINESSJul 20 Panama is not only the beginning : Foreign Minister pitches nation as India premier manufacturing , trade launchpad in Latin AmericaPanama's Foreign Minister is promoting the nation as a key manufacturing and trade hub for India in Latin America. This initiative aims to strengthen economic ties and position Panama as a significant regional partner.sierraleonetimes.com · Sierra Leone
BUSINESSJun 28UAE , Panama discuss boosting trade , investment , supply chains as part of UAE Trade Days caribbeanherald.com · United States
BUSINESSJun 19External audit grants 87.7% compliance to Cobre PanamáAn external audit has found a high level of compliance for Cobre Panamá. This indicates the company's adherence to relevant standards.bnamericas · cape verde
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