Latin America: Panama, Peru Lead GDP Growth


News from Panama

Latinvex reports on the economies of Latin America and guess who is the overall winner – PANAMA!!! Despite business-friendly governments in Latin America’s top three economies of Brazil, Mexico and Argentina, they will be among the top laggards in Latin America GDP growth this year, according to a Latinvex analysis of new estimates from the International Monetary Fund (IMF). Only economic […]

April 24, 2018

News from Panama

This in from Ozy.com on their experience eating street food in Panama.  While I also like the traditional Pescado Entero, I know of many more place that I would go to for great fish, namely on most of the  beaches of Panama. Peach Fuzz International has nothing to do with peaches and everything to do […]

April 24, 2018

New Player in Automotive Market


News from Panama

This was a huge deal for Ricardo Perez. ITOCHU Corporation (headquartered in Minato-ku, Tokyo; Yoshihisa Suzuki, President & COO; hereinafter “ITOCHU”) announced today that it has taken effective control of Ricardo Pérez S.A. (hereinafter “RPSA”), which is an exclusive distributor for the Toyota and Lexus in Panama and currently a wholly owned subsidiary of Grupo […]

April 24, 2018

This Engineering Titan Is Building Panama’s Future


News from Panama

Why you should care. Because Ilya Espino de Marotta led one of the largest engineering projects of this century. You go girl! When Ilya Espino de Marotta lifted off in a helicopter to survey her $5.2 billion project, her legs turned to jelly. That’s because this marine engineer, whose day job often has her evaluating very, very […]

April 23, 2018

Panama: Economic Activity Up 3%


News from Panama

Trade and manufacturing are the sectors that contributed the most to the year-on-year variation of 3.1% registered during the second month of the year in the economic activity index. From a report compiled by the General Comptroller of the Republic: The Monthly Index of Economic Activity (IMAE) in the Republic, for the period January-February 2018, […]

April 23, 2018

Too Many Jobs, Not Enough Workers


News from Panama

It is estimated that between 2015 and 2020, Panama will need to hire around 68,000 employees with technical specialties, and the logistics sector will be the leader in the demand. According to a labor market study carried out by the Ministry of Labor and Labor Development (Mitradel), estimates for from demand companies for technical personnel is […]

April 23, 2018