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News

2020

  • Panama economy heading towards 5.5% growth - Panama”s economy is is advanced “in its recovery process”. and ”we expect economic growth for 2020 to reach 4.8% and climbing" said The International Monetary Fund (IMF) following an on-site evaluation. “We see that there is a clear recovery in the economy. We expect that econ... more

2019

  • Panama City's 500th anniversary - Panama City on Thursday marked the 500th anniversary of its founding by the Spanish on Aug. 15, 1519. Big blue butterflies and smaller orange and black ones were released by the hundreds to mark the day when Pedro Arias de Avila founded the city. The city’s old center, known a... more

  • Panama Canal 8.5% more revenue in 2018 - Panama Canal revenues totaled 2,513.2 million dollars in 2018, 8.5% more than the 2,316.3 million of the previous year, according to figures from the Institute National Statistics and Census (Inec) released on Wednesday. The revenue increase of 2018 is less than the 17.6% of t... more

  • Activity in Free Zone 6.5% increase 2018 - The commercial activity in the Colon Free Zone (CFZ), located in the Panamanian Caribbean and considered the largest in the continent, reached 20,931 million dollars in 2018, representing a 6.5% increase compared to the previous year, the commercial emporium reported Tuesday. ... more

2018

  • Latin America: Time to build a bloc - The region faces a new opportunity to strengthen tradeIn the face of a rising US dollar and a global trend towards protectionism that affects some of the globe’s globe's major economic powers, the leading markets of Latin America find themselves with an opportunity to work on ... more

  • Agreement US and Panama on renewable energy - Panama and the USA agreed on Friday to promote infrastructure projects for energy development from renewable sources in the Central American country, which this day inaugurated the first generation plant based on liquefied natural gas (LNG), of US capital, of the region. The a... more

  • Panama Canal expansion sets records in 2 year - 3,745 Neopanamax ships have transited through the Panama Canal expansion since the new locks were opened two years ago today, which demonstrates "the efficiency of the route and the confidence built by the maritime industry," said the administration of the interoceanic route. ... more

  • Approx 700 companies at Expocomer - Approximately 700 companies are expected to participate in Expocomer. Companies from America, Europe and Asia, have confirmed their participation in the 36th edition of EXPOCOMER, "the World Trade Showcase", which will be held from February 28 to March 3 2018, at the Atlapa Co... more

  • Panama economy growth predicted at 6.8% - Panama was among the main economies of the American continent in 2017 with a growth of 6.3 percent and it will grow 6.8 percent in 2018 says local economist Alberto Quintero. Among the factors that have allowed the rebound of our economy for 2017 “we can list the recovery o... more

2017

  • Panama culminated China tour with 19 agreements - The governments of China and Panama signed nineteen memoranda of cooperation between the two nations in Beijing on Friday, among which the possible establishment in the future of a free trade agreement is emphasized. These documents have been the result of five months of talk... more