Eddie Montes
A long-discussed plan to build a rail line from Panama City to David and the Chiriqui district is once again gaining momentum. In recent discussions, an official of the National Secretariat of the Panama Railway said there are new discussions…
Read more
The Panama Canal generated $3.45 billion in profit in its recently completed fiscal year, a 9.5% increase from the previous year, despite drought conditions that limited the number of ships passing through the famous waterway. Canal operators could reduce operational…
Read more
Panama’s infrastructure continues to improve at a rapid pace. The latest addition is the region’s largest thermal generation plant based on Liquefied Natural Gas (LNG), which is expected to significantly impact energy supply and consumer prices. The Gatún Generator, a…
Read more
International investment giant JP Morgan has upgraded its outlook for Panama’s economy, citing several positive indicators for its growth. Noting “positive news” in several areas, the bank raised its growth forecast for Panama’s economy to 3.5% in 2024, after originally…
Read more
