News

Panama’s mega-projects and its national debt

Panama’s mega-projects and its national debt

Last month the President attended the official opening of the internation airport of Scarlett Martinez in Rio Hato. The total budget for the construction was at $53 million, the project included modernization, building of the new running line. The new airport is conveniently located 35 minutes from Coronado and 5 minutes from Playa Blanca. (more…)

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Panama continues to develop as one of the major hub in Latin America

Panama continues to develop as one of the major hub in Latin America

Panama is the first country in Central America to establish direct flights to France. The Republic has numerous agreements for Open Skies between Panama and the Netherlands, Colombia, Barbados, the Dominican Republic and other countries. (more…)

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Taboga Island

Taboga Island

Taboga is an island just a few miles off the Pacific coast of Panama City. The name comes from the Indian word “aboga”, which apparently means “plenty of fish”. Mostly the island is known for its old church in the American Pacific, San Pedro de Taboga. (more…)

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Current year Panama will experience 8.5% growth

Current year Panama will experience 8.5% growth

In 2013 Panama’s economy will grow by 8.5%, despite of the opinion which earlier expressed the Minister of Economy and Finance of Panama, Franc de Lima that the internal and external factors will continue to slow down economy. (more…)

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