This headline really caught my eye and thank goodness it is not happening here in Panama. It seems that the banks in Europe are finding any way possible to raise funds as the crisis there deepens. A bank in Cyprus looks set to repossess around 250 people, including overseas owners, who “bought” property on a […]
The hotels on the gold coast of Panama are experiencing very high occupancy rates and with the new International Airport coming to Rio Hato I believe that we are going to see another Punta Cana type explosion of rooms in the future This in from the Panama America Pacific beaches of Panama, specifically the province […]
There was an excellent article in the Miami Herald this week where Andres Oppenheimer covered two recent meetings of Central American leaders. By Andres Oppenheimer aoppenheimer@MiamiHerald.com While Saturday’s summit that created a Community of Latin American and Caribbean Countries (CELAC) in Venezuela drew big headlines, a little-noticed meeting of five Latin American Pacific rim countries […]
Two new projects have begun in Panama that signal the continued growth here. This in from CentralAmericaData.com Manzanillo International Terminal Expansion. A $200 million investment has been announced which will be used to dredge the access channel, a new turning basin, three Panamax docks, more areas for containers and nine gantry cranes. A press release […]
Views from the veranda of this estate home are magnificent. You look out to the Pacific Ocean and back to Volcan Baru, a 11,400 foot mountain. This property consists of 14.75 acres of beautiful gentle rolling land that is planted in coffee and fruit trees including many varieties of banana. The home is approximately 3,600 […]
This very interesting report was sent to me by one of my readers who works for the Inter-America Development Bank. “I found this report interesting, particularly from your “perspective”, as it ranks Panama fairly high: 37th out of 110 countries for which data is available, and in the Americas it ranks only after Canada, USA, […]
After Panama President Ricardo Martinelli visited France and suggested to his counter part that he retract a comment made at a G-20 Summit meeting about Panama being a tax haven, all seemed well and good after veiled apologies. Then a week later comes French Budget Minister Valérie Pécresse, who claimed that Panama was not cooperating […]
This is a great article from the International Game Fish Association (IGFA) about a fish previously tagged in a tournament that showed up over 400 nautical miles away that helps us with the knowledge about the migratory patterns of this pelagic. Thanks to The Panama News for sharing. Four hundred and nineteen nautical miles later, […]
When it comes to thinking about where to go on vacation or a place to move, maybe now or to retire to at a later date, there are many places to choose from. I chose Panama for a number of reasons and all of them have played out positively for me and my family. I […]
Two people have now sent me this article by Bob Sullivan from The Red Tape Chronicles at MSNBC and it puts Panama on the front line when talking about where to retire and how attractive it can be on a limited budget. A lot of people are not be interested in a $400,000 high rise […]