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Archive for the Category ‘Economy’

The livestock prices don’t remain good

The recent period was very crucial for the livestock since the farmers were not desperate with the weather and its continuity with the surrounds. Both the month has fallen prices approximately 44 cents a pound and it is heavily dropped even if considering the last year. The steer price even dropped down with high rate. […]

Panama is now eyeing to Taiwan marketplace

Panama and Taiwan had an agreement regards to trade and the free trade could officially bring them in more businesses. This could be conducted between the both countries. The 92 percentage of the panama’s export with the scrap metal, fish and beef import and export let these both countries to come closer. The panama now […]

Panama’s monthly economic activity slows down

The monthly economic activity of the Panama appears to slow down by 3.45 percentages in month of august in same year. The performance however appeared to the same as in July that shown the decline of the 3.44 percentage. Therefore, both the months represents the gradual fall since the year 1999 when the govt. started […]

Barú economy drops 70%

Barú Economic activity is virtually paralyzed. Concern and uncertainty is apparent in every corner and in every face of those who inhabit the district of Baru, due to strong economic contraction that is recorded in the area. The Chamber of Commerce Baru said that the economy fell by 70%. Eira Sanchez, president of the trade […]

Further increases in fuel

Today Panamanians morning with new hikes in fuel prices after the announcement last Wednesday that would have increased 13 to 15 hundredths. With the new price caps (see graph) per gallon of 95 octane petrol would have the same cost that was between October and November 2008 in the city, which was 2.94 dollars. In […]

IDAAN new lines planned for the city

The southern and western lines injected water to the system in order to service the capital city. The construction of two new lines of water drinking (South and West) which will feed the pipeline of the capital, the supply of the service for the next 20 years, said the director of the Institute of National […]

Institutional quality, another challenge for Panama

The country is well on the mark ‘ranking’ of competitiveness and economic freedom, but if it does not strengthen its institutions, the future is uncertain. In 2009 institutional quality index, developed by Martin Krause, Panama stands out as one of the top four countries in Latin America. Only Chile, Uruguay and Costa Rica is ahead. […]

Price of cement in Panama rises 17%

The execution of residential projects in Panama and large infrastructure remains a high demand for this product for about two years. The basket of construction is increasing, and the cement in its different varieties, one of the major inputs that have a direct impact on the cost of housing, an increase of 17% in March, […]

Panama economy would grow this year despite global crisis

Panama expects to lead economic growth in Latin America this year, thanks to the expansion plan of its channel and a boom the property sector offset the impact of global recession . Driven by the construction, tourism and financial services, Panama’s economy grew at a 4.39 percent annual rate in March, the government said on […]

Frightful and Unstable Indicators in Panama

Panama – Predicting behavior for economies has become a real challenge for analysts.  Projections vary each month and adjustments are becoming more pessimistic. Since the financial crisis exploed – eight months ago – the work of analysts has become a real nightmare. Predicting the short, medium, and long term performance of economies is now a […]

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