This is a well thought out program that has produced solid results. Here is an article from CentralAmericaData.com 25 multinational companies from around the world have expressed interest in setting up in Panama under the Law of Multinational Corporations (SEM in Spanish). The stable economic growth being experienced in Panama is one of the reasons […]
One of the reasons for Panama’s continued explosive growth is it’s wealth in mineral deposits of gold and copper. Unfortunately it is mixed blessing as some of the areas selected for open pit mining are not conducive for the surrounding ecology due to Panama’s heavy rain fall and the potential for hazardous run off. Hopefully […]
This Reuters article confirmed what I reported earlier that the growth for this year would be double digit. Panamanian President Ricardo Martinelli said on Saturday the country’s economy was set to grow 11 percent this year, higher than previous estimates. Panama’s economy, one of the fastest growing in Latin America, is being boosted by a […]
While I was looking up all the holidays this month here in Panama, I came across a well laid out article by my friends at Focus Publications who put out The Visitor. November begins the season of festivities followed by Mother’s day and Christmas in December and a roll out of Summer holidays that will […]
Recently, the internet has been jammed with stories and opinions about the Free Trade Agreement and it is unlikely that there will be a slowdown in commentary and opinions anytime soon. This one by Michael Shifter, President at The Inter-American Dialogue is concise and on point as to the reality of the situation. While directed […]
Key facts about U.S. trade with Panama. The Latin Business Chronicle has done an analysis on the trade between various countries and the impact that the Free Trade Agreement is likely to have on it in the future. This is but one analysis of many that I have read and I encourage you if you […]
These paintings were posted and shared by Eric Jackson at The Panama News. Artist George Scribner has been commissioned by the Panama Canal Authority (ACP) to execute a series of large scale oil paintings chronicling the various stages of construction up through completion in 2014. The current series focuses on the dry excavation currently underway […]
I was reviewing a previously released presentation of the plans for the third phase of the coastal highway in Panama City and if I had seen this 5 years ago, I would have been skeptical that it would ever become a reality. As I have seen the growth and development here in Panama first hand […]
This story confirms the prevailing consensus that we are prepared to withstand the economic storms ahead. This from Bloomberg. Most Latin American nations are well- prepared to confront a worsening debt crisis in Europe and slower growth in the U.S. as China’s commodities purchases give the region a “minimum” level of economic support, Moody’s said. […]
Well, it finally passed and whether or not it will be welcome news to all is still to be seen. One thing that has happened in the meantime is most countries who have been waiting for the US to implement more free trade agreements have moved on to court other partners and their trade balances […]