Tag: Panama

Panama Canal revenues rose as much as 15% after global trade disruption caused by the Iran war diverted more ships to the Central American waterway, the Financial Times reported on May 10. Panama Canal CFO Victor Vial told FT that daily transits had risen by as much as 20% since the conflict began in late […]

For decades, Panama’s offshore appeal was built around a simple idea: companies could register in Panama, conduct business internationally, and generally keep foreign-source income outside the local income tax net. That model helped Panama become one of the world’s most recognized corporate jurisdictions. It also supported a wide ecosystem of law firms, banks, fiduciary providers, […]

Tocumen International Airport positioned itself as the number one airport in international passenger traffic in Latin America and the Caribbean during 2025, according to the preliminary report released by the Airports Council International of Latin America and the Caribbean (ACI-LAC). According to the report, Tocumen handled 20,739,033 international passengers, surpassing airports such as Cancun International […]

When Transit Is No Longer Wasted Time For a long time, transit was treated as the least interesting part of travel. It was the waiting room between two real destinations: a few hours inside an airport, a coffee between flights, maybe a short nap in the airpot before boarding again. But that idea is starting […]

Panama’s retirement system has been layered over time. For decades, the country has operated with a structured discount framework for retirees — one that effectively creates a parallel cost of living. This is not a marginal support scheme. It is a pricing structure embedded into the economy. It is also one of the reasons why […]

Panama is a premier Latin American country for Meetings, Incentives, Conferences, and Exhibitions (MICE) Panama as a destination, offers world-class infrastructure like the Amador Convention Center and ATLAPA, combined with high global connectivity.  It blends modern city skyscrapers with coastal and rainforest venues for unique, high-quality corporate events.  Panama business tourism is rising, offering world-class […]

In recent years, the global shipping environment has faced continuous volatility, especially with rising tensions in the Middle East disrupting traditional maritime routes. Against this backdrop, the Panama Canal, a key passage connecting the Atlantic and Pacific Oceans, has seen a notable increase in transit fees alongside growing demand. To avoid risks and delays, shipping […]

What Happened Panama offers two distinct resort experiences for travelers looking to enjoy the country’s coastlines and natural scenery. All-inclusive resorts focus on convenience, bundling food, drinks and amenities in one stay, while boutique hotels emphasize smaller scale, personalized service and a more intimate setting. From Pacific coast beaches to rainforest hideaways, both options reflect […]

Panama’s economy is projected to grow close to 5% in 2026, according to Economy and Finance Minister Felipe Chapman, a figure presented during APEDE’s Annual Economic Forum. On the surface, it positions Panama as one of the stronger performers in Latin America, supported by logistics, services, and investment activity tied to its role as a […]

De León explained that this growth is the result of coordinated efforts between the Panama Tourism Authority (ATP) and PROMTUR Panama, focused on attracting new attention to the country. Tourism in Panama is not only growing in numbers; it is also full of dynamism, movement, and opportunities. This was made clear by the administrator of […]

A Resilient Economy in Latin America Panama’s economy continues to demonstrate resilience even after the shutdown of one of its most significant industrial projects. Despite the suspension of operations at the Cobre Panamá copper mine in late 2023, the country has maintained steady economic expansion. In 2025, Panama’s gross domestic product reached approximately USD 90 […]

The Global Map of Wealth Is Changing The global distribution of private wealth is undergoing a quiet but significant shift. Each year, a growing number of high-net-worth individuals choose to relocate internationally, gradually reshaping where capital, entrepreneurship, and investment activity concentrate around the world. Recent global estimates suggest that more than 130,000 ultra-high-net-worth individuals relocated […]

The Panama Canal, the world’s second busiest interoceanic way, saw a ​2.8% increase in vessel transits in the first ‌four months of its fiscal year through January, according to an analysis prepared by its authority seen by Reuters on Friday. Most traffic increases ​were registered by tankers carrying energy products including ​liquefied natural gas (LNG), car carriers and […]

Panama closed the year 2025 with 3 million international visitors, representing an 8.4% growth compared to 2024, reported the President José Raúl Mulino. During his weekly press conference, the president highlighted that the increase in the arrival of travelers reflects the dynamism of the tourism sector and its contribution to the national economy. A report by the […]

The US dollar opened trading at an average of 1 balboa, a 2.29% change from the previous session’s rate of 0.98 balboa, Dow Jones reports. In the last week, the US dollar has registered slight changes; despite this, it still maintains a rise of 2.33% over the last year. Compared to previous dates, this figure […]