Panama’s million-dollar magnet for new business

Panama continues to be a magnet for business investment. In the first half of this year, investment rose to $1.1 billion, a 19.4 percent increase over the same period of last year.

 

During the first half of the year, some 14,000 new businesses were launched, up from 10,000 a year earlier.

 

Aristides Hernández, an economist from Latin Consulting, said the number of new businesses reflects a stable economy, though it does not necessarily mean more jobs.

 

Original source (in Spanish): La Estrella