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EconomicPanama·14 Oct 2026

Panama Seizes Port Firm Funds to Cover Worker Benefits

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On 13 October, Panama’s Ministry of Labour and Workforce Development (Mitradel) seized the accounts receivable of Serviestiba, a port staffing company exiting the Balboa and Cristóbal terminals, to secure benefit payouts for 1,386 workers. The action followed a Supreme Court ruling that ended the long-standing concession of the Panama Ports Company, leading…

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Rio Times
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