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Panama economy grows 9.5% in 2008 : Major Multinational Investment
CNNMoney.com - Sep 16, 2008
Panama's economy has grown at a 9.5% clip in the first half of 2008 and has seen 23 consecutive quarters of economic growth
Panama’s economy grew 8.5 % in 2007.
Major players such as Caterpillar, HP, Dell, Proctor & Gamble and others have opened corporate headquarters in the country. Major indicators agree the trend will continue.
Note from The-Panama-Team:
Numerous multinational companies have recently poured in $$ millions into Panama to establish corporate HQ for South and Central America. HQ offices in Panama, include
USA - Coca Cola, FedEx, Continental Airlines, PriceSmart, Citibank, ExxonMobil, ChevronTexaco, Radisson, 3M, AES, Avaya, Caterpillar, Dell, Hewlett Packard
Spain -Telefonica
Japan - Sumitomo, Itochu, Mitsui, Sony, Matsushita
UK - HSBC, Cable & Wireless,
Canada - Petaquilla Minerals, Teck, Inmet
Korea - Samsung
Source:
http://money.cnn.com/news/newsfeeds/articles/djf500/200809161509DOWJONESDJONLINE000634_FORTUNE5.htm
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