Boquete becoming a part of new tourism promotion

https://www.newsroompanama.com/news/panama-tourist-destinations-such-as-boquete-and-the-chambers-of-commerce Attracting new businesses, encouraging investments and promoting tourism not only in Panama City but also in the interior of the country, is the new line of action of the Chamber of Commerce, Industries and Agriculture of Panama (Cciap), which would like to announce that it is joining forces and forming alliances with other associations…

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Middle East and UAE businesses are bullish on Panama opportunities

https://www.laestrella.com.pa/economia/inversionistas-exploran-oportunidades-de-negocio-en-panama-GC8004998 The Ministry of Commerce explained to businessmen the strategic position of Panama, the competitive advantages and the benefits it offers as an ideal place for foreign investment A group of foreign investors, led by Kuwaiti businesswoman Dana Al Salem, came to Panama to learn about the competitive advantages and benefits that the country offers….

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Mulino decisions already having ripple effect in global markets

https://www.mining.com/web/first-quantum-stock-jumps-on-panama-plans-for-mine-environmental-audit/ Shares of Canadian miner First Quantum Minerals jumped 6% on the Toronto Stock Exchange in early trading on Tuesday, following news that Panama would conduct an environmental audit of the Cobre Panama mine to decide whether it can safely be reopened. President Jose Raul Mulino officially took charge of the Panama government on Monday…

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PANAMA economic outlook remains stable before expected administation change

https://www.laestrella.com.pa/economia/moody-s-mantiene-en-baa3-estable-su-perspectiva-para-el-centro-bancario-de-panama-DN6609324 In his opinion, the solid performance of the banks will offset the sharp drop in economic growth, the political noise prior to the presidential elections, as well as the weakening of consumer and business confidence. Moody’s Ratings maintains its outlook for Panama’s banking system at “Baa3 stable”. In his opinion, this rating reflects the…

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Final Qtr- of 2023 reported STRONG growth in the Republic GDP

https://elsiglo-com-pa.translate.goog/economia/producto-interno-bruto-trimestral-crecio-89/24242734?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=sc&_x_tr_sch=http Bracho: this growth translates into an increase in the hiring of people and greater income for companies The Quarterly Gross Domestic Product (GDP) grew 8.9% compared to the same period in 2022 during the first nine months of 2023, according to data from the Comptroller General of the Republic. This means, according to economist…

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Cortizo active on sessions to discuss 2024 budget before end of calendar year

https://www-laestrella-com-pa.translate.goog/panama/nacional/cortizo-convoca-sesiones-extraordinarias-para-discusion-del-presupuesto-2024-EB5663622?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=sc Deputies will only have to discuss a single issue between December 21 and 31 The President of the Republic, Laurentino Cortizo, called the National Assembly to extraordinary sessions from December 21 to 31. The deputies must analyze bill 1041, which dictates the State budget for the fiscal year 2024. Cortizo called extraordinary sessions, because…

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Costa del Este” forming into the Monaco of LATAM real estate in terms of pricing

https://www.laestrella.com.pa/economia/costa-del-este-el-barrio-mas-caro-de-america-central-CB5672602 An investigation carried out by three real estate portals places Costa del Este as one of the places where it is most expensive to buy apartments Buying an apartment in the exclusive neighborhood of Costa del Este, in the town of Juan Díaz, in Panama City, is more expensive than doing so anywhere else…

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PANAMA to host leading TOURISM SUMMIT in 2024

https://en.travel2latam.com/news-84985-panama-will-host-the-world-adventure-tourism-congress-in-2024 The most important global adventure tourism association, ATTA, has chosen Panama as the next venue for the Adventure Travel World Summit 2024 (October 7 to 10), an event that will position the country in international tourism markets as an adventure destination. and conventions The General Administrator of the ATP, Denise Guillén, was in charge…

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Bleak job outlook for “young” Gen-Z Panamanians

https://www.laestrella.com.pa/economia/231204/jovenes-representan-54-desempleados-pais   The recent results of the Labor Market Survey as of August 2023, carried out by the Institute of Statistics and Census (Inec), which collects the evolution of employment, marked a strong trend of the crisis experienced by Panamanian youth employment. In the reference month of the survey, the population aged 15 and over…

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