Between the months of April 2017 and 2018, the country’s public debt rose from $21.922 million to $24.8 million, which is equivalent to an increase of 13%. According to figures from the Ministry of Economy and Finance in Panama, in the first four months of the year, debt has also reported an increase, rising from […]
One of the reasons we have seen a fall off in traffic here in Panama is the cost of living in Panama City, not that I would live there anyway but it is now more expensive than Frankfurt, Vienna and Dubai according to Latinvex. Panamanian capital Panama City has become the most expensive city in Latin […]
Between the first quarter of 2017 and the same period in 2018, the number of visitors that arrived in the country registered a slight decrease of 1.4%, but the overall expenditure made by them increased by 2.7%. According to sector’s figures, between the first quarter of 2017 and the same period of this year the […]
Jonny Evans is hoping England’s World Cup opponents Panama can silence their naysayers in Russia, just like Northern Ireland did at Euro 2016. Evans skippered the Northern Irish team that drew 0-0 with Los Canaleros on Tuesday evening in their final friendly before they depart for their first ever World Cup. Hernan Dario Gomez’s side […]
Here is a great article from Travel Pulse. For years, popular destinations like Peru and Costa Rica have dominated the market for tourists in search of eco-vacations and opportunities to get up close to nature, wildlife and indigenous cultures. Panama, most well known for its famous 48-mile canal and a capital city dominated by skyscrapers […]
After more than 20 days of intense ocean racing, Clipper Round the World Yacht Race entry Sanya Serenity Coastwas welcomed into Panama City by the Chinese Ambassador to Panama having maintained its overall lead after completing the tenth of thirteen individual races that forms the entire circumnavigation. During a visit to the Sanya Serenity Coast team […]
A staff team of the International Monetary Fund (IMF), led by Alejandro Santos, visited Panama during May 21-June 1, 2018. At the conclusion of the visit, Mr. Santos issued the following statement: “The economy of Panama remains among the most dynamic and stable in Latin America despite the recent prolonged strike in the construction sector […]
Panama have fulfilled their dreams by reaching their first World Cup. James Walker-Roberts speaks to Gary Stempel, a key figure in Panama’s footballing history, about how the journey started, how it has evolved, and why the country could “shut down” during the World Cup… It’s two weeks before Panama play their first-ever World Cup match. […]
Two weeks after the first official round of negotiations and with the aim of aligning criteria, the Panamanian government has started a process of consultations with the business sector. The Ministry of Commerce and Industry reported that ” …The consultation process seeks to align the vision of the government institutions and agree on objectives with the […]
Bank of Nova Scotia’s expanding international footprint fueled larger second-quarter profits as Canada’s third-largest lender continues to grab share in key Latin American markets. Strong loan and deposit growth helped push profit from international operations 14 per cent higher to $675-million in the three months ended April 30, but the bank also benefited from […]