Panama’s economy didn’t take the nosedive many feared it would when the US military departed just over a year ago. Instead, the country has taken advantage of the existing infrastructure to fuel economic growth in the shipping, tourism and construction sectors.
Category: Regions
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Regulating the Banks
Panama’s Superintendency of Banks is helping the country’s banking system adopt and follow an internationally accepted regulatory framework.
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Boom Time for the Free Zones
Government reforms spurred the rapid expansion of duty-free industrial parks in the Dominican Republic over the last four years. It?s time to reap the payoff now that the Caribbean Basin countries have finally been given the same benefits as Mexico in apparel exports to the US.
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Finding Comfort in the Euro Zone
While the US market has largely spurned Latin American borrowers, euro-denominated paper has filled in the gap for governments and companies consolidating their European investor base. The weakened currency has also cut their debt service costs. In a series of stories, LatinFinance explores the depth and breadth of the euro market.
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Cultivating the European Crowd
The Andean Development Corporation takes its roadshow to Europe, not just to raise money, but to promote its respected name and solid financials to discriminating investors there.
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Will Mexico’s Financial Armor Hold?
Early government action to protect Mexico from external financial shocks put it in solid shape for Vicente Fox’s administration. But with red flags on the horizon, there is still room – and time – to repeat history.
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Business & Banking
Cemex Scoops Up US Cement Maker Mexico’s Cemex, the world’s third-largest cement producer, has acquired the second-largest cement company in the US, Houston-based Southdown, for $2.8 billion. The sale price […]
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The Price of Latin Trades
Buying stocks in smaller Latin markets is getting expensive. Low liquidity and market volatility make transaction costs in the Andean countries among the highest in the world.
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Leaving the Limelight
José Angel Gurría, Mexico’s veteran finance secretary and an architect of the country’s economic reforms, says adiós after more than two decades of public service.
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Standing On Their Own
Three years after the government pension plan overhaul, new financial regulations are helping Mexicans discover non-traditional ways to plan for their economic futures.