In the News from Panama
A $5.48 billion mining operation that will rival the Panama Canal’s impact on Panama’s economy is on track to launch in 2018. The Cobre Panama mine is about 50 percent complete and should be delivering more than 320,000 tonnes of…
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A new initiative is seeking to expand the number of tourist offerings in Panama City, hoping to entice tourists to look beyond the Canal and Casco Viejo. An agency called La Metropolitana de Turismo, a subsidiary of the Municipality of…
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Panama’s convention is slowly starting to move up the world’s rankings, according to the latest data from the International Association of Congresses and Conventions (ICCA). While still lagging the world’s big convention destinations, Panama moved from 19 to 10 in…
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Panama’s Ministry of Economy and Finance tested global capital markets recently, placing two bonds totaling more than $1 billion. The first offering, the new Global 2047 bond, with a 30-year-maturity and a 4.5 percent coupon, attracted more than $4 billion…
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