Could the Time Be Perfect to Buy Property In Panama?


News from Panama

Panama is an attractive place for foreigners to retire to. Propertry prices are still affordable. The economy is expected to grow significantly in the near future. You may have noticed Panama being increasingly mentioned as one of the best countries to buy a property in. This Central American has become popular as a retirement spot […]

March 10, 2020

Hyatt Is Opening a New Hotel in Panama


News from Panama

One of the Caribbean Basin’s most charming historic quarters will soon be home to a new Hyatt hotel. Hyatt has announced plans to open the new Hotel La Compañia in Panama City, Panama’s Casco Viejo historic district. The hotel will be part of the company’s luxe Unbound Collection, set in a historic site that was […]

March 10, 2020

Kristine Tompkins – the environmentalist buying back the earth


News from Panama

This is a great story from my friend Geoffrey McRae at Gateway to South America. The philanthropist talks about her battle to protect the wilds of Chile and Argentina. Sometime in the southern hemisphere summer of 1990, Kristine McDivitt, then CEO of the Californian outdoor-apparel company Patagonia, took “a bunch of new executives” to Argentina to show them the terrain […]

March 3, 2020

Panama Purchases More Auto Parts from Mexico


News from Panama

As of September 2019, imports of vehicle parts into the Panamanian market totaled approximately $184 million, and purchases from Mexican companies increased 17% over the same period in 2018. Variation of Imports According to CentralAmericaData‘s estimates, between January and September 2018 and the same period in 2019 the value of imported vehicle parts and replacements […]

March 3, 2020

Transit delays at the Panama Canal due to water measures


News from Panama

The recent implementation of new water measures on 15 February for the Panama Canal have already produced delays for vessel transits. “The current waiting time is approximately 11 days for the Panamax locks and 3-4 days for neo-panamax locks but the waiting time vary from one vessel to another depending on vessel category, vessel restrictions, […]

March 3, 2020

University Campus Construction Planned


News from Panama

The University of Panama plans to build a four-hectare site in the village of Tocumen, a university complex that will be used by the Faculty of Agricultural Sciences. According to the interactive platform “Construction in Central America” of CentralAmericaData‘s Trade Intelligence Unit, the University of Panama presented the Environmental Impact Assessment (EIA) to the Ministry […]

March 3, 2020