Panama turned to the international markets to pre-finance spending for 2005. But when it’s time to raise more money, it will stay closer to home.
Category: Regions
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Economic Exiles
A fifth of Mexico’s population now lives abroad. For some smaller Latin American countries, the percentage is even higher. This exodus has grown steadily for years, and the expansion of […]
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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.
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Pemex Places a Perpetual
Pemex made history last September with a bond that was as unusual as it was successful. Mexico’s state-owned oil company, among Latin America’s most frequent and most sophisticated issuers, raised […]
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Local Market Appeal
Although more Panamanian companies are eyeing local capital markets for financing, foreign issuers still dominate the landscape.
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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.
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Rating Game
Although Panama is tantalizingly close to attaining investment-grade status, an upgrade may elude the country for some time yet.
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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.
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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. […]
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Colombia Securitizes Mortgages
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 […]