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Panama City Happening






Panama City Happening

An IMF Report says Panama is going to have

the fastest growth of all Latin America until 2015

There is more in a Newspaper from Trinidad

….. Panama has emerged, according to the Latin Business Index, as the Latin American country with the best business climate going past Chile for the top spot this year.

Information from Panama’s Ministry of Commerce and Industry, through a publication titled Panama Guide revealed that direct foreign investment grew by 26 percent in the first part of this year and companies have invested approximately US$1.1 billion to open new businesses in Panama in just the first six months of 2010.

Such a performance shows up the need to accelerate efforts to complete the Central America- Caricom Free Trade Agreement and this was one of the major points made by economist Jwala Rambaran in his summary of the conference, titled “The Way Forward”.

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