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PANAMA UPDATE

• Financial Transactions in Foreign Currencies
• Panamanian Banking Center Up 11%
• New Free Zone in Panama
• Panama Canal: New toll structure
• Panama and Czech Republic signed Double Taxation Treaty
• Standard & Poor's upgrades Panama's credit rating
• Fitch confirms Panama's BBB risk rating
• Panama Tops Port Ranking
• II Central American and Caribbean Games of Special Olympics
• Panama Becomes Member of ALADI
• New Rates for Minimum Wage in Panama
• France Approves Double Taxation Agreement with Panama
• US ratifies TPA with Panama
• Panama leader sees economy growing 11% in 2011
• Panama's Potential As Stockmarket Hub
• Panama Removed From OECD 'Grey List'
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PUBLICATIONS

• The Panamanian Private Interest Foundation
• Captive Insurance Companies
• Panamanian Corporation: Practical Guidelines
• Guidelines on Panama's substance Law on Trust
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