OK, we are going to lighter side of living in Panama this week folks, I hope that you enjoy this post. I just love reading more about some of the things that happened in Panama. This reads like a Hollywood script for another Panama thriller. As seen in this week’s ASSOCIATED PRESS WRITER BY SYLVIA HUI LONDON […]
Investment and Housing Panama City continues to see a softening in values and sales in the overbuilt condominium sector. However, there is a silver lining in the grey clouds above. To digress a moment, I would like to share a recent study with you of Miami’s overbuilt condominium market sector for a comparison of the healing […]
While life in Panama can be a challenge now and then when the power goes off and your battery back up systems slowly drains to zero, life without internet and email does not mean the end of the world. My daughter is here for another two weeks and having weaned her off of her Blackberry […]
Well, the news is still good from all corners of Panama, Central and South America as Latin America continues to surge ahead despite mister magoos wild ride on Wall Street and the Greeks trying their best to destroy themselves along with Spain, Portugal and most of the EU rim. I took a break from all the […]
It seems that daily we read news that Panama banks are flush with cash, that hydro power plants are expanding to keep up with a doubling in demand, that consumer spending is increasing with the development of a blossoming middle class and foreign investment is increasing with leaps and bounds. Panama is poised for explosive […]
Immobiliare Real Estate Development (IRED) announced in La Prensa the development of two new hotels here in Panama. Immobiliare Real Estate Development group (IRED) will own a majority share in the hotels, but as per Hyatt franchising rules and standards, the hotels will be managed by Hyatt. Josep Malca, president of IRED, says some $50 […]
I can remember when I was able to shop for the best CD rate and got a great Panama Bank CD with a 5% rate and savings accounts were 3% to 4%. You will find it hard to get a bank to pay more than 3% for anytrhing today as they are flush with deposits. […]
Hotel Casco Antiguo Landmark Hotel Investment Opportunity A few weeks ago when I visited Panama City, I stayed at a friend of mines hotel in Casco Viejo or the Old City as it is known. WOW, what an experience staying in this part of Panama where the first pioneers who used the Panama Canal stayed. I had the […]
Generation should be extended. There are 19 hydroelectric entering into service between 2010 and 2011. Authorities are optimistic that these will come on line in time. We enjoy abundant fresh water suppolies here in the mountains in Chiriqui and there are great opportuntities for small hydro projects ranging fro 2 to 10 megawatts with […]
The Sara Palin show steamrolls across America and the Tea Party has got a a lot of people excited back in the US. Normally I try to keep politics and business apart as it has never helped me in either my party beliefs or my business but here I go anyway, sticking my foot in […]