Future of Panama canal - how it works. Panama economy and regional role in Latin America / North America, Panama canal, Colon free zone, banking, service industries, travel, tourism and retirement homes. Panama is rapidly growing and has a significant role to play in the regional economy as a hub for trade and financial services. Potential to become a " Dubai " with growth driven by huge container port, enormous free zone (90% of exports), tourism and retired people buying first or second homes. Comment by Dr Patrick Dixon, speaker at HSBC VIP lunch time conference event. (more) (more)