(PanamaInvestorBlog) There is a great deal of infrastructure investment going on in Chiriqui these days with the new four lane highway to Boquete well under way and the expansion of the airport in David. I flew out of the airport this past week and was told by some of the administrators that the renovated runway would be ready by the end of this month. In addition the … [Read more...]
Panama Economy to grow 9% in 2011
(InternationalLiving) The New Year got off to a busy start as local news sources in Panama were busy reeling off stats and predictions. At the beginning of January, Panama President Ricardo Martinelli announced that the economy would grow by as much as 9% this year. (Per government projections, the economy grew approximately 7% in 2010.) According to Vice Minister of … [Read more...]
Panama has 4.9% rise in consumer prices for December
VENTAS. SALES. Asociaciones de consumidores aconsejan a las personas que sean más responsables al momento de comprar. Consumer associations advise people to be more responsible when purchasing. LA PRENSA/ Ana Rentería 1495399 LA PRENSA / Ana Rentería 1495399 (prensa.com) Goods and services, transportation, food and beverages were the three main components … [Read more...]
Panama-US Free Trade Agreement looking more likely
(prensa.com) Secretary of Commerce Gary Locke indicated that the agreement, "will be ready in a short time, but first will be approval of the agreement with Colombia," according to the newspaper Washington Trade Daily. President Ricardo Martinelli has requested a meeting with U.S. President Barack Obama to discuss ratification of the treaty. "We didn't want to make an … [Read more...]
Panama Stock Exchange record trading volume for 2010
(PanamaAmerica) The Panama Stock Exchange reported today that in 2010 negotiated a total of 2639.1 billion, a record since it began operations in 1991. According to a report from the Panamanian market, total trading volume represents an increase of 61.35 percent from 2009 and lies in the increase of 82.68% of emissions in the primary market-driven Treasury Note Programme … [Read more...]