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El Niño Squeeze on the Panama Canal Could Raise Costa Rica Import Costs

The Tico Times -
Drought at the Panama Canal could raise costs for Costa Rica's corn, soy and wheat imports, trade experts say.
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Panama Canal Sets Cargo Record Amid Hormuz Closure Despite El Niño

AFP -
The Panama Canal handled a record volume of cargo, driven by the closure of the Strait of Hormuz in the Middle East, despite traffic...
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Panama Earthquake Aftershocks Continue as Residents Survey Widespread Damage

AFP -
Residents near the epicenter of a major earthquake in southern Panama began cleaning up on Saturday, traumatized by the previous day's heavy shaking that...
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Panama Earthquake Aftershocks Could Shake Costa Rica for Weeks

The Tico Times -
Costa Rica could experience more tremors in the coming days and weeks as Panama continues to record aftershocks from yesterday's powerful magnitude 7.7 earthquake....
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Panama Celebrates Removal From European Union Tax Blacklist

AFP -
The European Union announced today that it had removed Panama and Vietnam from its tax haven blacklist, citing progress made by both countries. The...
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Panama repeats China invitation to Canal Neutrality Treaty

The Tico Times -
Panama’s government again asked the People’s Republic of China to accede to the protocol of the Treaty Concerning the Permanent Neutrality and Operation of...
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Panama Canal May Restrict Ship Traffic as El Niño Worsens

AFP -
Panama Canal administrator Ilya Espino de Marotta says further cuts to daily ship transits remain possible as El Niño worsens drought and strains water supplies.
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How El Nino is choking the Panama Canal

AFP -
The Panama Canal will restrict the number of vessels transiting the crucial waterway from Friday for the second time ever due to drought caused...
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Ship Pays Record Amount to Cross Panama Canal Amid Drought Restrictions

AFP -
A ship paid a record $5.3 million to cross the Panama Canal sooner, just days before a reduction in vessel traffic takes effect due...
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Panama and El Salvador Declare Alerts as El Niño Intensifies

AFP -
Panama and El Salvador declared states of alert on Tuesday over the El Niño climate phenomenon, which is expected to reach record levels and...
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Panama Canal Cuts Ship Traffic as El Niño Drought Worsens

The Tico Times -
The Panama Canal will allow fewer ships to pass through the waterway beginning in September as a drought linked to El Niño reduces the...
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The Panama Canal Opened 112 Years Ago Today

The Tico Times -
Twelve years of digging, an estimated 27,500 deaths and roughly $375 million ended quietly on the morning of August 15, 1914, when a single...
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Is Panama the New Costa Rica? A 2026 Expat & Real Estate Investor Comparison

Sponsored Post -
For decades, Costa Rica was the undisputed poster child of Central American expat life. However, a quiet reshuffling of priorities is underway, and a...
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Panama Named the World’s Best Country for Expats for a Third Straight Year

The Tico Times -
Panama has been ranked the best country in the world for people living abroad for the third consecutive year, according to the Expat Insider...
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Latest News

A Proposed 15% Tax Would Reach Costa Rica Residents’ Foreign Dividends and Interest

Costa Rica residents who earn interest, dividends, rent or capital gains outside the country would pay a 15% tax on that income under a...
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Local Elections Drove Costa Rica’s CPTPP Reversal, Sources Say

Concerns about the 2028 municipal elections helped drive Costa Rica's decision to abandon its bid to join the Comprehensive and Progressive Agreement for Trans-Pacific...
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Your $1,000 Now Buys 46,810 Fewer Colones Than in January

The US dollar slipped again in Costa Rica this week, leaving anyone who earns in dollars and spends in colones with noticeably less buying...
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5,000 Shareholders, No Dividends and a Court Order for Hospital CIMA’s Top Executive

A civil court in San José has ordered Clifton Neal Orme, the legal representative of Hospital CIMA, to appear in person and testify in...
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