Economy

Panama is starting discretionary relations with China, the most recent hit to Taiwan as Beijing's leaders try to divide the self-represented island. Panamanian President Juan Carlos Varela declared the move in a national address Monday. China is the second-greatest user of the Panama Canal and has played a major part in areas from managing an account to broadcast communications, he stated, including that...

Pаnаmа’ѕ dоllаrіzеd economy rеѕtѕ рrіmаrіlу оn a well-developed ѕеrvісеѕ ѕесtоr that ассоunt fоr three-quarters оf GDP. Sеrvісеѕ include operating the Pаnаmа Canal, bаnkіng, thе Colon Frее Zone, іnѕurаnсе, соntаіnеr роrtѕ, flаgѕhір rеgіѕtrу, аnd tоurіѕm. Eсоnоmіс grоwth wіll bе bоlѕtеrеd by thе Pаnаmа Cаnаl expansion...

The only thing hotter than the nice weather in Panama, is its Real Estate market and that is a fact. After a huge decline of about 2.5% during the global crisis, the luxury Real Estate on Panama is back on the rise at a double-digit rate. In some of the downtown areas it has become the main wheel for this economic transformation, based on the re-sale of the amazing waterfront properties available. The...

A New Opportunity for Global Economy: Since its original construction in 1914, the Panama Canal has served as a man-made waterway that divides the Central American country and enabling ships to transport goods and passengers across the Pacific and Atlantic Ocean. By that time, its creation cost an estimate of US $375 million and the lives of approximately 5.609 workers that put their efforts in this huge...

Last weekend the topic on Panama Papers exploded. Just as it was expected as soon as it came out, we could see that this was just the tip of the iceberg. The panama papers was the largest filtration of documents in the history. Here there are politics, soccer players, celebrities and business man who would have tried to evade taxes creating offshore companies and capitalizing on their amounts through the...