Earlier this month, Panama took a huge step towards clean energy and sustainable development when it was announced that roughly $1 billion would be invested into solar panels and other clean energy projects. The investment, lead by Canadian green energy group...
If 2015 is any indicator, Panama’s construction industry is growing again, and that’s great news for the economy. Panama went through a construction boom during Martinelli’s presidential term that was unprecedented for such a small nation, and in Central America in...
After a slow 2014, indicators are showing Panama’s economy growing strong as we close out 2015. In fact, according to recent data, Panama’s economy grew by 5.8% in Q2, 2015, which is higher than expected, and great news for offshore investors hedging future bets on...
There have been plenty of reasons to live and invest in Panama over the past few years, but as we end 2015, it’s becoming apparent; 2016 will be a great year to live and invest in Panama. The reasons are many, and each person who decides to live and invest here has...
If you’ve got offshore investments in Panama currently, or plan to make some in the next year, then the Panama Canal Expansion should be squarely on your radar. Though it’s been mired by work delays in the past year or so, the Canal is on schedule to be finished in...
If you’re looking to invest in Panama, buying property in Panama should be at the top of your agenda. Panama has a growing economy, uses the US dollar, and has almost unparalleled economic stability when compared to other countries in the region. There’s the booming...
Thinking of stepping out of your comfort zone and making some entrepreneurial moves this year? You should consider starting a new business in Panama. While Panama may be most famous for its massive Canal, tropical beaches, and favorable banking industry, Panama is...
Investing in Panama will be a top priority for Colombian bank Banistmo, who is expanding their presence in the country significantly. The bank, which made a name for itself in Panama after buying HSBC’s Latin American branch a few years ago, has been planning such an...
Carnival has ended in Panama, and with it, local economies are tallying up the numbers for the country’s biggest tourism event of the year. And while all eyes were on the parades, bars, and restaurants; it’s Panama’s hotel industry that takes home the biggest piece of...
