In the News from Panama
Fast-growing Tocumen International Airport is exploring future expansion plans, including the addition of a third runway and terminal. CAF, the development bank of Latin America and the Caribbean (and a major player in the redevelopment of Obarrio), together with the…
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The Panama Canal, which remains a key driver for Panama’s economy, posted strong operating results for the past year, including boosts in transits and revenue. The Canal closed the year with $5.7 billion in revenue, a 14.4% increase from the…
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Panama City is moving forward with a project to transform Calle 50 in Obarrio, focused on developing a more “walkable, green, and humane city.” This initiative fits nicely with plans for MOVA by B&B Italia, the new residential development in…
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The latest report from the International Monetary Fund (IMF) predicts strong and consistent economic growth for Panama, despite the global turmoil. Panama’s economy is expected to grow at 4% annually for the next two years, well above the regional average, according…
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