Panama: Regional Champion
Why multinationals are increasingly choosing Panama as a regional hub for their operations.
[By Joachim Bamrud at Latin Business Chronicle] Brazil and Mexico may be getting most of the foreign investor attention in Latin America these days and Chile continues to be seen as the region’s free-market champion, but Panama isn’t doing so badly, either.
In the past few months, Panama has topped several key regional rankings. In addition to being named the most globalized country in Latin America last week by Latin Business Chronicle, Panama recently was ranked the best country for exporting and importing containerized goods in Latin America by the World Bank, the fastest-growing tourism market in Latin America by the World Tourism Organization and last, but not least, the fastest-growing economy in Latin America by the International Monetary Fund Continue Reading »