The Panamanian economy’s performance in the first half of 2011, exceeded all expectations for the period January – June 2011, evidenced a positive variation of the Gross Domestic Product (GDP) of 10.3%. This change is an average for the first quarter showed an increase of 9.7% and the second quarter of 11.4% compared to these [...]
Panama managed to leave the “gray list” of The Organization for Economic Cooperation and Development (OECD), has announced that Panama has been taken out of the “grey list”, wich had considered Panama as a tax haven for over a decade. The OECD acknowledged the efforts made by the country to meet international tax standards. See more [...]
The Panamanian economy growth recorded in the first quarter of 2011 exceeded all expectations. Quarterly gross domestic product (GDP) showed an increase of 9.7% compared to the similar period a year earlier, according to a report released by the Government of Panama. Panama has become the most competitive country in Central America and the [...]