$100 million banana deal creating 15,000 jobs
PANAMA’S COMPTROLLER General has endorsed a contract in which Del Monte will invest $100 million over seven years, creating over...
BUSINESS
Panama Ports start year with strong expansion
AFTER a year in which activity fell by 9.1 percent, Panamaa ports began 2017 with a strong expansion according to...
Money laundering: eyes on nonprofit groups
AN EXECUTIVE decree is being prepared to mandate greater control to increase the control of not-for-profit organizations in Panama to...
Panama economy on track for 5.8% growth
PANAMA’S ECONOMY is forecast to grow 5.8% in 2017, the envy of much of the world says the Ministry of Economy...
Panama exports fall for third year
EXPORTS fell for the third consecutive year in 2016, says a recent report by Panama’s Comptroller General. The decline has...
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...
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...
