Securitization – repackaging mortgages into tradable securities – became popular in Colombia long before it started to catch on in other Latin American countries. Now Colombia has taken another important step forward […]
Category: Regions
Free Zone Shortfalls
Panama’s free trade zone is a success, but it needs to invest more to improve infrastructure and security. Nobody is sure where the money will come from.
Opening New Paths
Late in 2004, Colombia broke with tradition. In place of its usual year-end dollar bonds to pre-fund spending in the year ahead, it issued landmark peso-denominated global bonds. The CP954.24 […]
Local Market Appeal
Although more Panamanian companies are eyeing local capital markets for financing, foreign issuers still dominate the landscape.
On an Upward Track
Panama City gained prominence as Latin America’s premier offshore banking center, but it’s not the only game in town anymore.
Rating Game
Although Panama is tantalizingly close to attaining investment-grade status, an upgrade may elude the country for some time yet.
Tomorrow’s Canal
For 91 years, the Panama Canal has virtually defined the country. Now a debate is underway over a $10 billion plan to widen the waterway so it can take bigger ships.
Travel Tips
Taxi! Taxis are plentiful and inexpensive in Panama City. Transfers between Tocumen International Airport and Panama City, a distance of 16 miles, run about $25 for up to two passengers. […]
A Time for Technology
The US and Asia are surging ahead in technological innovation. Pessimists claim Latin America will never catch up. Are they right?
