Panama Real Estate Blog

Economist Nicolás Ardito Barletta has predicted that the growth of the Panama economy will slow down to 5% for the 2009 fiscal year. Average annual growth for the 5 years preceding, 2003 to 2008, was measured at 8%, with a peak of over 11% in 2007. Barletta remains upbeat about the economy, citing factors such [...]

The Panama Canal Authority has signed loans for the planned expansion of the canal, totaling an amount of $2,3 billion. Lenders of these loans included the Inter American Development Bank, the International Finance Corporation, the Andean Development Bank, the Japanese Development Bank and the European Development Bank. The total cost of the expansion is set [...]

It has emerged that Panama probably won’t get the Investment Grade from S&P in 2009, due to various contributing factors. The country has significantly increased in recent years to obtain the BB+ rating. Panama is accompanied by Colombia and El Salvador; they are still behind the top four in Latin America. Chile has the highest [...]

Panama is doing well amidst the economic crisis that the rest of world is facing.  A lot of people have discovered Panama as a good investment and is showing positive results for their economy.  Though some people are hesitant about the market and predicting crisis and failure, statistics have proven otherwise.  Panama is stronger than [...]