In the News from Panama
A long-discussed direct flight from Dubai to Panama is almost certainly going to happen in the near future as the wealthy emirate and Panama grow increasingly close, the Panama ambassador to the UAE said in a recent interview. A direct…
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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…
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International companies continue to pour money into Panama. Foreign Direct Investment (FDI) grew up by 21.4 percent in 2018 compared to the previous year, according to the new data released by the National Institute of Statistics and Census (INEC). The…
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Highly-respected analyst, Moody’s Investor Service has upgraded the investment rating for Panama, citing the country’s stable environment and “robust” economic growth. Technically, Panama’s rating for bonds and other securities has been raised to Baa1 from Baa2, Moody’s announced Friday. The…
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