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Nestle to open Regional Center

As announced by Panama’s Minister of Trade and Industry, Nestlé S.A. will be opening a Regional Business Center in this country.  This update falls very positively into Panama’s plan to leverage its value as a strategic hub for countless global business initiatives. The Swiss company only has 2 other centers of this kind, located in Switzerland and Malaysia. Nestlé is not a stranger to …

Panama: Innovation hub for 2020

One of the biggest concerns for investors looking to start a business in Panama or move to Panama and start a different life is the uncertainty about the tools available for a comfortable living. Is this country ready to sustain a thriving business or a luxury city life? Fortunately, the answers can clear up all concerns. The growth of Panama technology is constant, especially …

The Canal Expansion will improve Panama’s Economy and Commercial Influence

Good news keep coming for the country’s economy and for those looking to make business in Panama. The Panama Government presented  last week the official Budget for 2016, reflecting an increase of USD $534M and based on an economic growth of 6,3%.  At the same time, a report presented by research and consulting firm Oxford Business Group (OBG) shows the Canal expansion will help …

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