Panama is located in Central America, bordering the Caribbean Sea and the North Pacific Ocean, between Costa Rica and Colombia. It covers an area slightly smaller than South Carolina. The climate is tropical with a prolonged rainy season (May to January). The interior of the country is mostly steep, rugged mountains and dissected, upland plains. Coastal areas generally are plains and rolling hills. Natural resources include copper, mahogany forests, shrimp and hydropower.

The US sanctions, which were intended to help oust Noriega, devastated the economy for all Panamanians except Noriega and his cronies. Since Noriega’s capture, the situation remains unequal. Although the Constitution authorizes the state to direct, regulate, replace or create economic activities designed to increase the nation’s wealth and to distribute the benefits to the greatest number of people, the income of one third of Panamanians fails to provide for a family’s basic needs. The extremes of wealth and poverty are great in Panama.

Panama has around 386,900 Telephone lines and 120,000 Internet users

It is a great opportunity to open a new market in Panama by registering your .PA domain name.