While many countries around the world continue to struggle, Panama’s gross domestic product rose 4.9 percent in the first half of the year compared to the same period of 2015. Real estate played a big role in that increase. Construction,…
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Spain-based cruise company Pullmantur has confirmed plans to operate year-round out of Colón, a significant increase in its commitment to Panama. The decision by the subsidiary of Royal Caribbean Cruises Ltd. will increase traffic out of Colón by 30 percent,…
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Mega-investment bank Morgan Stanley has upgraded its forecasts for Copa Holdings, the parent company of the fast-growing airline turning Panama City into the “Hub of the Americas.” Morgan raised its rating for Copa to “overweight,” saying the market “isn’t yet…
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It’s hurricane season for resort destinations around North America. Cabo San Lucas and Florida are among the locations that have been pounded, leaving tourists stranded and millions in property damage. But hurricanes are not a problem in Panama. The big…
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