AGP Executive Report
Last update: 2 hours agoPanama Canal Drought Impact: The canal is set to cut daily transits in September as El Niño-linked dry conditions arrive early, with 34 slots starting Sept. 3 and dropping to 32 from Sept. 15—raising concerns for ship drafts and shipping schedules. Banking Deal in Panama: Banistmo and Banco La Hipotecaria have agreed to a merger by absorption, pending Superintendency of Banks of Panama approval, to strengthen Banistmo’s mortgage and housing-loan portfolio. Investment Migration Demand: Panama’s Qualified Investor Programme is gaining momentum, with real estate demand cited as a key driver. Regional Business Outlook: ECLAC forecasts Panama’s economy to grow around 4.4% in 2026 and 4.6% in 2027, keeping the focus on growth and policy execution. Maritime Trade Pressure: Global container congestion remains elevated, with port waits and schedule disruptions continuing to ripple through trade lanes. Water & Economic Diplomacy: Panama is among countries backing a new Global Ambassadors’ Forum for Water and Economic Diplomacy aimed at mobilizing water investment and cross-border cooperation.
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