Panama Economic growth projected to increase to 5.1% in 2017 and continued economic growth projected for Panama
This strategic sea route has celebrated its centenary last August. This ambitious expansion project has caused a financial conflict whose resolution depends largely on the role played Zurich Insurance in the project.
Sun, affordable cost of living and low tax rates. This is what prompted private bankers and lawyers to put down their briefcase in Panama in the last several years. And number of Swiss banks has opened offices in the country where the new regulations are not yet implemented.
The legislators in Panama will seek to establish laws that would look towards establishing clear goals and strategies regarding misleading advertising, provision of down payments and to give more rights to the buyers in case of delays.
In Panama, the region of "El Valle de Anton" welcomes more and more foreign tourists.
The Economic Commission for Latin America and the Caribbean revises its forecast for growth in the region. Panama has a current estimate of 7% growth in 2014
Panama expands its route network to Europe through Air France (Paris), KLM (Amsterdam), Iberia (Madrid), Lufthansa (Düsseldorf), TAP (Lisbon)
Over the past five years, Panama has delivered an annual growth of 10%. This small country of 3.6 million people face is now in the top 5 fastest growing nations. It is part of the emerging economies that, by 2020, will produce 70% of global growth.
Ocean Reef Islands in Panama City, Panama is home to Latin America’s first residential man-made islands. A new gem is born in a haven of tranquility and beauty. This project redefines the coastline of Panama City and raises the standard of luxury to a new level.