Category: Living & Investing
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Panama exports surge 54.2% in first quarter
Panamanian exports grew 54.2% in the first quarter of 2021, after reaching a total FOB value of $ 806.3 million.
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IMF estimates 12% growth for Panama
According to the IMF, the growth forecast for the Panamanian economy in 2021 is 12%, underpinned by the boost from the vaccination program, full-scale copper production and the recovery of private investment.
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Moody’s reaffirms Banco General’s Baa2 rating
Moody’s reaffirms Banco General’s Baa2 rating, with a “Stable” outlook
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CABEI and Korea will finance feasibility studies for the railway network of Line 5 of the Panama Metro
The studies will identify the feasibility of developing the railway network of Line 5 of the Panama Metro.
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World Bank forecasts 9.9% growth for Panama, the second highest in the region in 2021
According to a new World Bank report that estimates a 9.9% growth for Panama in 2021, only surpassed by Guyana.
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Line 3 of the Panama Metro
The National Government of Panama greenlit the order to proceed with the construction of Line 3 of the Panama Metro.
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New Opening Plan for Panama
The Ministry of Commerce and Industries has presented the new opening plan which will be managed with a gradual schedule that will begin on February 1, 2021.
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63 companies obtain the ‘Safe Travels’ seal
63 Panamanian companies, mostly hotels, have obtained the Safe Travels seal, awarded by the World Travel and Tourism Council.
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Design and construction of Line 3 of the Panama Metro
The National Government announced the signing of the contract for the design and construction of the Project Line 3 of the Panama Metro.
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Tocumen International Airport resumes its commercial flights
The Tocumen International Airport resumed its international commercial flights on October 12, after seven months of industry shutdown as a result of the pandemic.