The most common and most likely answer to this crossword clue is the 5 plus 3 letter word STRAW HAT
S
T
R
A
W
H
A
T
More clues leading to the result STRAW HAT
- Boater getting pardon after craft’s capsized
- Street artist having what could be seen as item of summer wear
- . Society which admits inexperienced boater for one
- Thwarts a revolution in Panama?
- Crown protection for gondolier?
- Headgear almost lost, eh?
- 9 perhaps which comes after cultural activities rejected
- Personal cover question following violin getting cut
- Panama‘s homeless mostly sorry?
- Star's new look, that which became a fashion statement
Buddy explains!

The straight part
We know that "Panama" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case panama = straw hat.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.