The expansion of the Panama Canal – opened in June – brought some welcome positive publicity to the country in wake of the 'Panama Papers' leaks, which dented its reputation as a financial centre. However, the authorities still have work to do when it comes to tax transparency if the country is to retain its allure to investors outside of the transport and logistics fields. Zack Ashley and Jacopo Dettoni report.
Latest articles from Panama
Figures from 2014 show that FDI flows into central America remained consistent with 2013 levels.
Experts believe that the surprise result in Panama's May presidential election will not harm the country's investment attractiveness, which has gone from strength to strength in recent years under the leadership of outgoing president Ricardo Martinelli.
US exports are up again in 2013 thanks to Latin America’s appetite for US products.
Panama's minister of economy and finance, Frank De Lima, explains how the increased capacity of the Panama Canal, coupled with an influx of investment into the country's mining sector, is offsetting any negative impact of the US recession on its dollarised economy.
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