Slim helping finance Panama Metro 2
AFTER months of uncertainty, the financing of Panama’s Metro line 2 appears to be back on track. The consortium in...
BUSINESS
Odebrecht default risk – Fitch
THE ODEBRECHT company which was once the construction king of Latin America now has "very high levels of credit risk" according...
Speculators ruled out for Tocumen airport free zone
CONSTRUCTION of the Tocumen Airport free zone will begin in eight months but the project has already created international and...
Panama financial services review due Nov 21
President Juan Carlos Varela has pledged to reveal the findings of a report on the country's financial services industry on...
Panama inks $2.6 billion deal for Metro Line 3
PANAMA has concluded a deal with Japan for the $2.6 billion financing of Metro Line 3, using Japanese monorail technology...
Business community rejects Paitilla building freeze
PANAMA’S BUSINESS community has reacted strongly to Mayor Jose Isobel Blandon’s temporary suspension of building permits in San Francisxo claiming...
Foreign investment topped $5 billion last year
DIRECT FOREIGN Investment in Panama climbed 16.9 percent in 2015 to over $5 billion reports the the Comptroller General. Rogelio...
Panama grey listing a threat to financial sector
PANAMA’S INCLUSION on a grey list by the Financial Action Group is “a threat to the financial sector” says Minister...
Suspect $30 million bond issue shakes financial system
A $30 MILLION bond issue by a company that allegedly manipulated information about its finances has shaken Panama’s financial system....
Panama creditors hung out to dry in bankruptcy case
PANAMA creditors of bankrupt R.G. Hotels, which has debts estimated around $65 million, will not be able to register or...
Panama company moving to become top regional insurer
A DEAL that will make a Panama company the first insurer from Panama with a presence throughout Central America has...
Year end GDP projected at 6.3%
PANAMA’S GDP (Gross Domestic Product) is on track end the year with an increase of 6.3 percent says the Ministry...
