Intercontinental Hotels ink Panama franchise deal


News from Panama

A friend of mine in the hospitality business  sent me a link to this article from Forbes that adds another deal to the growing list of new hotels opening in Panama.    MIAMI — Intercontinental Hotels Group said Thursday it has signed a franchise agreement to bring a new Holiday Inn Express hotel to Panama […]

June 10, 2011

Fast-growing Panama moves up investment-grade ladder


News from Panama

Now after two consecutive reviews we see that Fitch is raising the investment grade debt rating of Panama further up ladder.  This in from Reuters. PANAMA CITY/NEW YORK, June 2 (Reuters) – Fitch Ratings raised its investment-grade debt rating for Panama another notch on Thursday, praising government policies to boost economic growth and keep debt […]

June 10, 2011

Easy access to Panama at forefront of aggressive new ATP campaign


News from Panama

Along the lines of economic drivers like international airport development, Panama is getting smart on tapping the huge transient trafice coming through Tocumen Airport by starting  a new campaign  “visit us for free”.  I was reading an article in the Visitante that outlined the program.    ATP Administrator Salomón Shamah is rolling out Panama’s first international […]

June 5, 2011

Strong Recovery in Tourism


News from Panama

It is good to see more people visiting Panama and we are not the only country seeing a resurgence in the tourism industry here in Central America. Here is an article fro La Prensa    Three years after the global economic downturn, tourists are once again looking at Central America. Tourism in the isthmus grew […]

May 21, 2011

Martinelli wins IGFA Conservation Award


News from Panama

I have always praised Panama for not only hosting some of the best fisheries in the world with records in Black Marlin and more, but for also taking steps towards conserving this wonder resource.  Bravo President Martinelli for helping to insure that this continues. by the IGFA Ricardo Martinelli, President of the Republic of Panama, […]

May 21, 2011

Panama Authorizes Import of 32 million Quintales of Coffee


News from Panama

So much for Panama exporting coffee, we cannot grow enough so now we are importing it for local consumption.  CentralAmericaData.com recently published this article. The Cabinet Council has authorized the importation of 32 million quintales of coffee due to shortages. The Cabinet Council gave permission to the Commission for Licensing of Contingency Tariffs to place […]

May 13, 2011