LatinNews Daily - 22 September 2025

*Panama’s minister of commerce and industry, Julio Moltó, has announced that Chiquita Panamá, the local subsidiary of multinational banana company Chiquita Brands International, will resume its banana exports in December. Moltó’s announcement is the latest regarding the company’s resumption of operations in Panama’s Bocas del Toro province where Chiquita had ceased activity and laid off some 6,000 workers due to the strike earlier this year by banana workers amid more general protests over new reforms to the social security system, among other issues. Last month Panama’s government led by President José Raúl Mulino and Chiquita Panamá announced the signing of a Memorandum of Understanding (MoU) under which the banana company will restart operations in Bocas del Toro. The MoU provides for around 3,000 jobs in the first phase of recovery and an additional 2,000 jobs in the second phase while the presidential statement announcing the MoU estimates that Chiquita will invest US$30m to reactivate production.

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