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Latin American

U.S. Company Buys Panama Ports

U.S. Company Buys Panama Ports

An investment group led by BlackRock has purchased two of Panama’s biggest port operations from a Hong Kong company. The company acquired the Balboa and Cristóbal port businesses located at either end of the Panama Canal from CK Hutchison as…

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IMF, World Bank Confirm Panama Growth Forecasts

IMF, World Bank Confirm Panama Growth Forecasts

By Duncan McGowan  The International Monetary Fund and the World Bank have reaffirmed their projections that Panama will remain the fastest growing economy in Latin America and the Caribbean in 2018. The analysis comes from the two respected organizations’ annual…

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New Data Shows Panama Economy Surging

The global economy may still be sluggish, but not in Panama. The country’s gross domestic product jumped 5.8 percent in the first half, according to the last government data. The main driver of the increase was a 12.6 percent jump…

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