In the News from Panama
Panama is moving quickly to formalize the country’s new diplomatic relationship with China. This week Panama’s Foreign Ministry announced it had opened an embassy in Beijing, a major symbolic step forward in cementing the political association. China’s has already reciprocated,…
Read morePassenger traffic through Tocumen International Airport is on pace to set a new record this year, thanks in large part to increased traffic from Europe. The number of passengers entering Panama at Tocumen is expected to jump from 14 million…
Read moreA new cruise ship terminal on the Amador Causeway moved a big step forward last week, with the awarding of a contract to build the new facility. A consortium formed by Belgium’s Jan de Nul and the Beijing-based China Harbour…
Read morePanama’s economy is growing faster than expected. The gross domestic product (GDP) for Panama increased by 6.2 percent in the first quarter of 2017, thanks to activity in construction, mining and private education, the Comptroller reports. Overall business activities grew…
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