Central America: Coffee Exports Recover


News from Panama

In the first half of 2015 the region exported 580,000 metric tons of coffee, 9% more than in the same period in 2014. Figures from the Centralamerican Agricultural Monitor, prepared by the Business Intelligence unit at CentralAmericaData.COM reveal that Central American coffee exports have resumed their upward growth path. Between January and July 2015 the […]

October 6, 2015

Mobile Internet Access Grows Fast in Panama


News from Panama

Prensa Latina reports on this trend. Mobile Internet access in Panama makes fast progress, as the country has 43 percent users connected to the mobile network, according to a report on digital trends in Latin America. Although email remains the most used service, social network has gained considerable ground, closely followed by online news searching, […]

October 6, 2015

Panama: Licenses for Power Plants


News from Panama

Three companies have been granted provisional licenses to build and operate three power plants of 15 MW, 55 MW and 322 MW. On August 28 Generación Eléctrica Chilca Panamá, S.A. obtained a license to build and operate a thermal power generation plant with an installed capacity of 322 MW, called PSB-1??. The plant will be […]

October 6, 2015

Sailing Yacht A: Is this the ultimate super yacht?


News from Panama

Panama is sure to see an increase in transits of these super yachts as we develop marina facilities that attracts them, well maybe not this $450 million 143 meter vessel. With three masts all taller than the Statue of Liberty and as long as one-and-a-half American football fields, the latest boat from Russian billionaire Andrey […]

October 6, 2015

Panama: Law on Free Parking


News from Panama

I saw this movement in Miami when my clients were faced with municipal opposition to charging for customers to park in their shopping centers.  You cannot regulate private property just like you cannot pass on the costs of a parking garage or high land costs to tenants as the centers will fail.  I will follow […]

October 6, 2015

Huawei inaugurates LatAm distribution center in Panama


News from Panama

China’s Huawei Technologies has opened a distribution center for its Latin American operations in Colon free trade zone in Panama. Huawei currently has around 500 employees in Panama, Xinhua news agency reports, citing Panama’s minister of commerce and industry Meliton Arrocha. The 10,000 square meter distribution center in Panama will create 200 new direct jobs […]

October 6, 2015