Last year I thought this might be an excellent venue for investment here in Panama. I am glad I did not jump on that bandwagon. It may take time for this industry to recover. As with other forms of alternative energy, high oil prices in the past boosted investment in oil palm plantations as […]
The company Aeropuerto Internacional de Tocumen has been authorized to issue securities in the local and international market for an amount of up to $1.275 billion. A statement from the Presidency of Panama reports that “… Through Executive Decree authorization has been give to the corporation called Aeropuerto Internacional de Tocumen, S.A. (AITSA) to make […]
Oh how touristy! Kind of reminds me of Almirante here in Panama. OK, hmmmmm! Nicaragua plans to construct nine artificial islands that it hopes will attract tourism to its southern Caribbean coast, according to Nicaragua’s National Port Company. The islands will be created in Bluefields Bay, opposite the city of the same name. Construction will […]
Probably one of the best things about our little community here in Boquete is our get together time at the Tuesday Morning market where vendors come from all over to sell their wares from trinkets to fresh veal scallopini which I bought for some Parmigiana tonight! Besides organic meats, we have organic vegetables to choose […]
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 […]
Just days after his undercover police flouted state law by using drug cash to pay their informants, Bal Harbour Chief Tom Hunker hosted dozens of police chiefs at the elegant Sea View Hotel, complete with dinner, an open bar and a $500-a-night cigar roller. As the staff served lamb chop appetizers under a white canopy, […]
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, […]
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 […]
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 […]
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 […]