Oppenheimer reports on the zero growth for Latin America again this year. The exception will once again be Panama that is expected to grow at 6%. In recent days, I interviewed the heads of the Latin American departments of the three main international institutions that track the region’s economy, and what they said threw […]
Joseph Bonney, Senior Editor at JOC.com reports of yet another delay in the opening of the expanded canal. The opening of larger Panama Canal locks, already postponed several times by construction delays, has been pushed back again and now is expected early in the second half of this year, a canal official said. “We expect […]
One of my most favorite places in Panama, Haras Cerro Punta is a large thoroughbred stud farm. The lush, green pasture is dotted with pregnant mares, grazing. They now have a new addition. Grade 1 winner Strapping Groom will begin his stallion career at Haras Cerro Punta in Cerro Punta, Panama, during the 2016 breeding […]
Panama has had it’s share of surprises that have impacted our financial market but nowhere as large and as devastating as what might happen in the rest of the world. I really like reading John Mauldin’s newsletter as he likes to see the positive things around us rather than just focusing on the negatives and in […]
Analysis of the current state of the Panamanian capital market, including the confidence threatened by various financial setbacks, and the opportunities to make the much needed structural changes. Martesfinanciero.com reviews three episodes which have shocked the Panamanian financial market in recent weeks: “These events have shaken the financial system and put market players on […]
Bloomberg Business reports of this huge and much needed project here in Panama. Japan and Panama will sign a memorandum of understanding Thursday to use Japanese technology for an estimated $2 billionmonorail that would span the Central American nation’s trans-oceanic canal and ease traffic congestion. The pact includes financing via the government-backed Japan Bank for […]
The mayoral office of Panama City has presented a development plan which urgently requires investments in mobility, transport, water, drainage, waste management and urban planning. The so-called Action Plan for the Metropolitan Area, presented in conjunction with the Inter-American Development Bank (IDB), is already projecting impacting 1.7 million people in the capital city, San Miguelito, […]
One of the greatest artists around has passed. I grew up with David and loved his music. Please remember
I had diner the other night at my favorite restaurant Retrogusto where chef David Care’ fixed me a two inch thick rib eye bone in that was perhaps one of the best pieces of beef I have tasted. Dry aged for 25 days and seared black and blue, just the way I like it. No, […]
No, the skyline is not Panama although it continues to look like Dubai. The Department of Economic Development in Dubai has recently toured Mexico and Panama as part of their focus for the Americas as their major source market for investment and trade in the UAE, as reported by Albabawa Business. Chief Executive Officer of […]