With recent world economic conditions in decline there is one country that might be able to weather through tough times. Although in recent years Panamas economic growth has been stagnant, mainly for change of government and political prosecution, after the dust has settled its now expecting a coming boom with large infrastructure projects being completed and new ones getting starting. The years to come...
Over the years, sustainable development of the economy of a city depend majorly governmental policies put in place by all sectors not paying much attention to tourism sector but it was unambiguously spelt out in a forum by Panamanian Association of Business Executives (APEBE) that the impact of Tourism in the economic development of the city and provinces cannot be overemphasized. No doubt, tourism forum...
Panama City is a complex, cosmopolitan city that has undergone a tremendous development boom in recent years, with a throng of high-rise towers now dominating the city space where it overlooks the Pacific Ocean. Luxury storefronts look out over the city’s broad avenues, with brand name goods sold at a fraction of the usual price. Hundreds of restaurants offer international cuisine, and Panama’s...
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