News

2016

  • Panama's new ICT strategy - By investing in new ICT programmes and infrastructure, Panama is looking to improve the efficiency of public services, drive economic competitiveness and promote social inclusion. In late September the National Authority for Government Innovation (Autoridad Nacional para la I... more

  • Reunion Regional WTC LatinoamĂ©rica en Bogota - WTC Bogota along with the WTCA Latin America Representative Office received the attending delegations from the WTC’s of the Region to the 4th version of the Latin America Regional Meeting. Mr. Remy Swaab, Executive Director of WTC Panama and Board Member, representing Latin Am... more

  • Panama Tourist Arrivals Up 7% - In the first nine months of the year 5,585,000 tourists arrived in the country, spending $3.4 million during their stay, 5.6% more than the spending by tourists who arrived between January and September 2015. Figures from the General Comptroller indicate that of the number of... more

  • WTC Tianjin visits WTC Panama - On October 27th Mr. Remy Swaab, Executive Director of WTC Panama and Liliana Navas, project manager of WTC Panama, welcomed the Deputy Secretary - General, Mr. Eric Cao from WTC Tianjin and Mr. Huang Lin, Department Director of CECEP Investment Group, to the WTC Panama Complex... more

  • Alternative Energy Growing in Panama - 5MW of capacity is the new total of the joint generation of the 86 solar projects that are registered with the National Secretariat of Energy.Tax incentives are encouraging the development of renewable energy projects such as solar or wind plants in different areas in Panama. ... more

  • Expansion Panama Canal brings opportunities - The inauguration of the Panama Canal expansion is expected to usher in significant investment opportunities in the country’s industrial real estate market, with increased demand for manufacturing, warehousing and distribution facilities. The office segment, meanwhile, has see... more

  • Panama on the automatic tax information exchange - The OECD and the Global Forum on Transparency and Exchange of Information for Tax Purposes announced that Bahrain, Lebanon, Nauru, Panama and Vanuatu have now committed to share financial account information automatically with other countries. With these new commitments, 101 j... more

  • More about Panama - "Panama is a huge economic success story, enjoying an average annual growth rate that’s about the best in the world in the 21st century. Things have “slowed” recently: Growth last year was a tad below 6% but is expected to be a bit above 6% this year. Unlike the numbers coming... more

  • WTC Panama and Capital Financiero sign Alliance - PANAMA CITY, PANAMA - Remy Swaab, Executive Director of the World Trade Center Panama and NĂ©stor Altuve, General Manager of the leading financial and business weekly publication, “Capital Financiero”, signed a Strategic Alliance to foster synergies between these two well-known... more

  • Inauguration Expansion Panama Canal in 2016 - According to the consortium United Group for the Canal (GUPC), the test results for the new set of locks are satisfying. Despite small leaks that are currently being repaired, the third set of locks is planned to be operational by the second quarter of 2016. The Panamanian Can... more