The expanded Panama Canal, which opened among much international fanfare in 2016, is performing better than initial forecasts, according to Canal officials. Total tonnage passing through the Canal measured by toll assessment, should reach close to 500 million by the…
The world’s largest new copper mine, located on Panama’s Atlantic Coast, has officially started producing ore, in a move that will provide yet another boost to the country’s economy. The Cobre Panama mine will join the Panama Canal as a…
International publications are jumping on the Panama bandwagon. In recently released picks for top travel destinations for 2019, Panama is prominently featured, led by a top ranking by the New York Times. The Times listed Panama fourth out of 52…
In another indicator of the strength of the Panama economy, a top global rating company has placed a “stable” tag on Panama’s insurance company, noting the “solid” operations of the local companies. Rating agency AM Best concluded the insurance agencies…