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Economy of Panama will return to double digit growth in 2018

According to the estimations of the Ministry Economy and Finance, Gross Domestic Product (GDP) in Panama for the end of 2014 resulted 6.3%, confirming the trend of economic slowdown, which began in 2013 (8.4%). However, a new study by Inside Panama Economy, argues that the country's economy will grow at double digit rates, specifically 11%…

Top 3 areas to invest in Panama real estate

As the prices of real estate in Panama are continuously increasing, it is becoming harder to find deals with good combination of value and price. In this article we will describe three interesting areas for investment in 2015: 1. Las Cumbres This is a suburb district about 20 miles north of Panama City, or you…

Fitch affirmed investment rating for Panama at BBB stable

After ratifying investment grade of sovereign debt for Panama, investment Fitch Ratings recommended to the Panamanian government higher level of prudence in financial management and compliance with the established limits of the fiscal deficiency. (more…)

Panapass sticker will become a Must from June 2015

The new toll-payment system united for Corredor Sur and Norte will replace the current card-based system by June 2015. Current system has a lot of disadvantages. Besides using separated payment systems and cards for each highway, drivers face daily traffic jams gathering against pay booths. (more…)

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