Following the recent announcement from the President of the Republic of Panama Jose Raul Mulino regarding the Balboa (Pacific) and Cristobal (Atlantic) terminals, APM Terminals confirms its willingness to assume the temporary operation of both terminals. This aims to...
President Lee Jae Myung has sparked intense debate with his comments on the “metropolitan visa” policy, aimed at supplying foreign labor to Korea’s industrial regions. The controversy escalated after President Lee openly criticized the shipbuilding industry’s reliance...
The Chicago Purchasing Managers’ Index (PMI), a key indicator of the economic health of the manufacturing sector in the Chicago region, has reported a significant expansion. The actual reading for the index stood at 54.0, indicating a robust growth in the sector. This...
Samsung Heavy Industries will pay performance bonuses for the first time in 12 years. The move comes as results improved significantly after clearing out low-priced orders and winning high value-added ship contracts. According to the business community on the 28th,...
Panama’s president moved to assure the public on Friday that critical ports at both ends of the Panama Canal will continue to operate without interruption — a day after the country’s Supreme Court ruled that the concession held by a subsidiary of Hong Kong’s CK...