Panama City is 1 hour ahead of Houston (CST), and the same time during CDT. Houston uses Central Time and observes DST. Panama City uses EST (UTC-5) year-round.
When it's 12:00 PM in Houston, it's 1:00 PM (CST) or 12:00 PM (CDT) in Panama City.
Most hours work! With only a 0-1 hour difference, business hours overlap almost entirely.
Houston and Panama City are connected by Copa Airlines hub operations. Direct flights take about 3.5 hours.