AGP Executive Report
Last update: 8 hours agoCorporate Results: Flexible Solutions International reported third-quarter revenue of US$14.35 million, up 36% year over year, citing full operations at its Panama factory among the contributors. Mining Oversight: After the October 9 earthquake, Panama’s commerce ministry found no reported damage or leaks at Cobre Panamá’s tailings facility; the mine remains under a safety and maintenance plan. Digital Payments: Tap to Pay on iPhone is now available to Panamanian merchants through Geopagos and Symbiotic, allowing contactless payments without a separate terminal. Services Exports: Panama’s service exports reached US$20.2 billion in 2025. They rose 12.7% year over year to US$11.1 billion in the first half of 2026, led by transport and tourism. Disaster Finance: The Caribbean catastrophe insurance facility announced a US$17.4 million payout to Panama after the quake, providing funds for emergency response and repairs. Tax Reputation: Panama was reported removed from the EU’s tax-haven blacklist, a boost to its standing with international investors.
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