For Moody’s, the expansion of the Panamanian economy forecast for the next few years would allow bank credit to grow 8% in 2019 and 9% in 2020. According to estimates by analysts of the rating agency Moody´s Investors Service is that for the 2019-2014 five-year period is that the Panamanian economy will achieve growth between […]
There’s a reason they put a canal here. Panama is the thinnest sliver of the Americas, the most logical place to put the world’s most important shipping route, the isthmic keyhole from the Caribbean Sea to the Pacific. And as the locks of the Panama Canal open and close throughout the day the waters that […]
Click on the picture to see the video My wife Susie just turned 52 and we did it up right with an evening of fun at Boulder 54 with some of our close friends. Chef Chris outdid himself preparing 11 different appetizers to choose from and 11 bottles of Champagne to wash it down with!! […]
This is a great time lapse video of an incredible ship.
In 2018, companies from Central American countries imported petroleum oils for $10.066 million, 21% more than in 2017, a rise due to purchases from the United States. Guatemalan Companies, Main Buyers Last year, the main buyer of petroleum oils and bituminous minerals in Central America continued to be Guatemala, with $2.474 million, followed by Panama, […]
In Panama, during the first four months of 2019, 4,314 corporations were registered in the country, 8% less than those reported in the first quarter of 2018. The latest report of the General Comptroller of the Republic details that between the first quarter of last year and the same period of 2019, the number of […]
For Panama’s business sector, public-private partnerships are contracts that, if properly implemented, could promote the dynamism of the economy and at the same time diminish the fiscal pressure on the State budget. The Chamber of Commerce, Industries and Agriculture of Panama has promoted since the beginning of the current government administration, a draft bill that […]
Former President Ricardo Martinelli was released to house arrest Wednesday from jail, where he had been held since his extradition from the United States on accusations of political espionage during his administration. Clad in jeans and a blue shirt, and holding a small dog, Martinelli waved to reporters and talked with security agents outside the […]
Six global cruise lines from world’s largest leisure travel company have 26 ships and over 70 voyages scheduled to sail guests to the Canal, one of most spectacular engineering marvels of all time. Carnival, the world’s largest leisure travel company, has established its position as the leader in Panama Canal cruises, with more ships sailing […]
Panama City, Panama has played a major role in shaping world history, including serving as a starting point for expeditions that conquered Peru’s Inca empire. The city, which was founded in 1519 and is the oldest European settlement on the Pacific coast, was also an important stopover point on trade routes that traversed the American […]