International money continued to flow into Central America and Panama last year, in sharp contrast to the rest of Latin America. Led by Panama’s economic strength, investment in Central America rose 6 percent in 2015 to $11.8 billion, compared to a 9.1 percent drop for Latin America and the Caribbean, according to…
What’s Next For Panama City Real Estate?
In many ways, 2015 was a key year for Panama City’s real estate market. There was a return to normalcy, as more and more buyers from around the world decided the local market represented a solid investment. The result was a steady increase in sales activity and pricing, driven by…
Panama Economy Continues To Post Strong Results
While the rest of the world continues to struggle, the Panama economy is chugging along, posting healthy gains. Panama will close 2015 with economic growth of 6 percent for the year, one of the highest in the region, Minister of Economy and Finance Dulcidio De La Guardia said this week.…
Panama’s Role In The Sharing Economy
For months, I have noticed the following comments being shared on social media and TV: Panama’s economy is slowing down. This government is not doing enough to drive economic activity. We used to grow 11% a year. For someone who is not from here or doesn’t live here, it appears that Panama’s…
Panama’s Economy Grows 8.4% in 2013
After two consecutive years of double digit growth, Panama’s economy slowed down a bit to 8.4% growth in 2013. The easing in growth comes as investments in large-scale infrastructure projects, including the $5.25 billion expansion of the Panama Canal, draw to a close. One of the other major infrastructure projects…