AGP Executive Report
Last update: an hour agoCanal Trade: Singapore has formally joined the treaty guaranteeing the Panama Canal’s neutrality, strengthening international backing for uninterrupted passage. The Canal Authority expects to shortlist bidders for two container terminals by year-end; the projects represent about $2.6 billion in planned investment, with concessions possible in 2027. Investment: The European Investment Bank has opened a Panama office serving six countries, aiming to connect governments and businesses with financing for energy, transport, water and other projects. Tourism: More than 90% of hotels are operating after October’s earthquake, but recovery remains uneven, with beach and interior destinations still struggling to attract visitors. Shipping Compliance: The U.S. has sanctioned Panama-based Tentacool Commercial, owner of a tanker linked to Cuba’s oil network, highlighting new risks for firms involved in maritime trade.
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