Economy

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THE COMPANY: Grupo ASSA is a holding company listed on the Panama Stock Exchange (Bolsa de Valores de Panamá, BVP) under the ticker symbol ASSA. The group has operations across Central America in three main sectors: banking and financing activities, insurance and reinsurance, and other strategic investments, which account for 45.9%, 42...

THE COMPANY: Grupo Melo is an industry leader in a variety of agro-industrial activities across Panama, with a historical focus on poultry products. The company is publicly traded, listed on the Panama Stock Exchange (Bolsa de Valores de Panamá, BVP) under the ticker symbol MELO.

With GDP growth forecast at 7% in 2015, why is a spurt expected after the slowdown in 2014?

What needs to be done for the country to achieve an “A” investment grade rating?

The overall unemployment rate in Panama increased from 4.1% in 2013 to 4.8% in 2014. This included 3.5% (or 61,616 people) who were openly unemployed and an additional 1.4% (or 24,289 people) assessed as being in the “hidden unemployed”, according to figures published by the National Statistics Agency. Nearly two-thirds of the absolute increase in the number of jobless...

Panama is a small and open economy in which investment is normally well in excess of savings. In 2014 the current account deficit amounted to some $5.3bn, or 12% of GDP, according to the IMF.

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