Construction has officially begun on a 50-hectare Ritz Carlton project on Las Perlas (Pearl Island), a private island 40 nautical miles from Panama City. The announcement was made by President Juan Carlos Varela, who stressed the importance of the investment…
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China may be ready to make a major investment in Panama’s development. A news report suggests companies controlled by China’s government are examining deals along the Panama Canal, which could represent a significant boost for the economy. The Panama Canal…
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Panama’s campaign to better integrate with international banking standards took a step forward this week, when the Ministry of Economy and Finance announced a plan to “diversify its financial services platform.” The move is specifically designed to represent the government’s…
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For the fourth year in a row, an international travel has named Tocumen International Airport in Panama City as the top airport in Central America and the Caribbean. Perhaps this is no surprise, as Tocumen has established itself as the…
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