Welcome to the Panama Weekly Offshore Roundup! This week we talk about visiting multilateral bodies, expanding infrastructure of roads outside PTY, and the closely knit ties between Florida and the Republic of Panama. Multilateral Financial Institutions Visit Panama...
Panama’s new Metro system is expected to change everything. A brand new, state of the art system running through the heart of the city between two residential areas, the line is expected to be finished in early 2014. At a cost of $1.88 billion the project is hardly...
Panama has been at the center of the world’s conversation about tourism since 2009, with rave reviews and booming visitor numbers helping to push the country to the fore. Between 2009 and 2013, the number of tourists to Panama shot up to 2.2 million per year – a rise...
Welcome to the Panama Weekly Offshore Roundup! Panamanian Tourism Grew 5.6% in 2013 The march of tourism in Panama continues this week, with news that Panama’s tourist sector had expanded by over 40% in just 5 years. Alongside this benchmark figure came the news that...
Welcome to the Panama Weekly Offshore Roundup! A shot across the banker’s bows from Panama’s civil banking watchdog, an extended deadline to help resolve the Panama Canal expansion troubles, financial upset in Venezuela causing a ripple, and more, all in this week’s...
Panama has been considered an ideal retirement destination since 1999, with the country making progressive steps to attract new prospects. InternationalLiving.com have added to the plaudits for the republic by naming Panama the Best Place to Retire in 2014 in their...
Welcome to the Panama Weekly Offshore Roundup! Elections are round the corner and a sense of urgency has begun to consume political activity in Panama as rivals jockey for position in the final lap of what has been a long campaign. While this political maneuvering...
Panama has been transformed since 1999, with the upward trajectory of growth and foreign investment reflected in its glimmering skyscrapers and enhanced reputation as a tourist haven. The benefits of growth have been numerous, as the standard of living has shot up the...
Welcome to the Panama Weekly Offshore Roundup! 2014 still feels fresh and news keeps on getting better for Panama’s economic sector, with delays to Nicaragua’s canal to the north, an end to their own Canal woes in sight, and a U.S. investment plan with real meat on...
