Agricultural development in Panama has historically been hampered by a series of structural issues, including fragmented ownership of land, limited access to financing and deficient transport infrastructure, although efforts are now under way to change this. Former President Ricardo Martinelli – who was in office from 2009 to 2014 – designated agriculture as one of the...
On July 29, 2014, soon after assuming office, the government of Juan Carlos Varela unveiled a multimillion-dollar plan to revive the agricultural sector at the National Agriculture Institute (Instituto Nacional de Agricultura, INA). The plan, known as pacto nacional por el agro, or the national pact for agriculture, proposes 10...
The economic development Panama has experienced over the past decade has had a lasting impact on the tourism sector. Buoyed by expanded connectivity and increasing investment in hotels and convention centres, the sector has experienced unprecedented growth in the past few years. Today, it is a pillar of Panama’s economic development, generating more revenues than transit...
Buoyed by increasing connectivity and promotional efforts at the international level, Panama’s meetings, incentives, conventions and exhibitions (MICE) segment has seen stable growth in the past few years. Panama forms a key part of the MICE market in the Central American region, and the short-term outlook for the segment is promising. Expansion of MICE infrastructure,...
Number portability enables both fixed-line and mobile customers to keep the same number when changing from one telecoms operator to another. By most measures, it is considered an essential consumer right, as well as a way to increase competition in the market. Implemented for the first time in Hong Kong in 1995, the process soon became available in most European states,...
Panama’s ICT sector is a key enabler of the country’s high-growth, services-based economy. Strong technical infrastructure coupled with a robust legal regime present favourable conditions for local and international technology companies. The “Global Information Technology Report 2015”, published by the World Economic Forum, ranked Panama 51st amongst 143 countries in...
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