I do not know how many times this year we have heard about the grow in Panama’s economic activity and what the numbers are shaping up to be for 2011 but we are now approaching double digit figures for 2011. This in from Reuters. (Reuters) – Panama’s economic activity rose 9.5 percent in May compared to […]
Another title I was going to use for this post was “One Foot Over the Border” We are hearing a lot of noise right now about the amount of money coming into Panama from other sovereign nations in Europe and of course the US. I hear that it is a trend that started a few years ago […]
Here is something Panama residential developers should be looking at and possibly trying to move the unsold product that is still under construction especially if some customers walk away from their deposits and the market gets saturated as it did in South Florida. South Americans and other foreigners are behind more than half the condo […]
I decided to see what was happening in Panama City as it relates to the condominium market, as I am often asked to help out in finding or selling a place for some of my readers and clients. Lacking a MLS system, Panama remains in a gray zone of “no one really knows and no […]
We will try to present you with articles from time to time that we feel are of merit written by some of the best attorneys and law firms in Panama. Here is an article that is a good follow up to the previous post on bearer shares. It discusses the Client-Attoney relationship and was sent to me by the people at Mossack […]
The growth here in Panama is evident when you visit the Chiriqui province and it’s capital David. Everywhere we see new retail, office, flex/warehouse and residential development. The hospitals are expanding and the physician networks continue to improve. The middle class is continuing to press upward, demanding better and more expensive homes. The lower middle […]
It looks like Obama and house Republicans have struck a deal to reinstate benefits for workers who lose jobs to foreign competition which was the major obstacle to passing the pending agreements with South Korea, Columbia and Panama. Obama needs to see this through as he continues efforts to double US exports by 2014. The […]
I recently returned from a fishing trip with a client who is investing in the Chiriqui Coast and we had a fantastic time at my friends place called the Paradise Fishing Lodge. The owner, Chad Marquis sent me this You Tube vid he posted that was done by a professional aerial photography group. I am definitely headed […]
Copa is my favorite airline and not a day goes by where I do not hear about Copa whether it is a new route, new planes or new cooperation with other carriers to increase business through Tocumen International Airport, the true Hub of the Americas. Now we can add Chicago to the list of North American […]
Another Prensa.com article came out this week confirming Panama’s explosive growth rate and the good it is doing while on the other hand the warning signals of inflation. With 9.7% growth in the first quarter of 2011 compared to data recorded in the first quarter of 2010, the thrust of the Panamanian economy is surpassing all […]