Government steps in to try to settle dispute over $1.6 billion in cost overruns for expanding Panama Canal.
President of Panama says he will put pressure on canal-expansion consortium to honor contracts.
Shares in Spanish contractor fall sharply on cost overruns that could lead to suspension of megaproject.
Builders say Panama Canal Authority liable for $1.6 billion of cost overruns on $3.2 billion project.
The economy grew by 7.6% in the second quarter, led by stronger activity in transport and communications.
Spain's second-biggest bank has agreed to sell its Panama unit to Colombia's largest banking conglomerate in a deal worth $646 million.
Lightning-fast approval of little-known Chinese company's plan to build rival to Panama canal provokes skepticism and concern.
OECD calls out 14 countries for not meeting new global standards meant to crack down on tax dodgers.Blouin Business: The ultimate list of secret money
Seeks to help fund a $200 billion a year investment gap that is dragging on economic growth and preventing the region from catching up to other emerging markets.
Country's economy grew 10.7% in 2012 driven by infrastructure spending.
