'Panama Foreign Investment Increases' Business  

Panama Foreign Investment Increases

Stephanie from Arizona -

I read that foreign investments in Panama reached 2.56 billion dollars last year, which was a record in Panama. The increase was attributed to the purchase of group Banistmo by British bank HSBC, for 1.77 billion dollars. Real estate projects played a role as well.

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Comment #1 RiverQueen from Universal Studios -

Wow that is a staggering amount. I'm sure that the real estate and the retirees moving there has had a lot to do with it as well.

It's good to see some of these southern hemisphere countries making good for themselves.

Let's hope that for Panama's sake it keeps growing this well in the future.

Comment #2 COIN-OPERATED-BOY from nowherelandia -

oh that was nice. thats a big sum of money. i wonder how well do they do on tourism? do they get a lot from it?

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