Alicia Bárcena, ECLAC Executive Secretary, during the presentation of the report. While Panama continues to have the strongest growth rate in the Americas at 5.5%, the rest of the region will show some growth next year. The economies of Latin America and the Caribbean are seen experiencing a moderate recovery in 2018 and growing 2.2% […]
Greater mobility provided by Line 2 of the Metro in the East of the capital explains the growing attractiveness of the area for real estate development, especially for residential construction. As of October 2013, the total amount of area processed for new residential buildings in the province of Panama amounted to 903,000 square meters, while […]
Copa has reinstated the Denver to Panama flights. Copa Airlines, a subsidiary of Copa Holdings, SA, and member of the global Star Alliance network, began nonstop flights on December 12 between Panama City and Denver, marking its 13th destination in the United States. The new nonstop flight connects Coloradoans to more than 55 destinations in […]
U.S. officials intercepted a semi-submersible vessel carrying more than 3,800 pounds (1,700 kilograms) of cocaine last month after pursuing it in international waters off the coast of Panama. Customs and Border Protection says the U.S. Coast Guard stopped the vessel Nov. 13. The three crew members were arrested. Officials say such semi-submersible vessels are designed […]
The decision to build a canal through Panama instead of Nicaragua, then the leading contender for a trans-isthmian waterway linking the Atlantic and the Pacific, hinged on a postage stamp. Frenchman Philippe Buanu-Varilla, lobbying for U.S. approval of the Panamanian route, sent a copy of a 1900 Nicaraguan stamp to every member of Congress in […]
DineEquity, Inc.® (“DineEquity”; NYSE:DIN), one of the world’s largest full service restaurant companies and the parent company of Applebee’s and IHOP® restaurants, has opened the first Applebee’s® Grill + Bar on December 8 in Panama City, Panama it was announced today by Stephen Joyce, CEO and President, International, DineEquity Inc. The restaurant is the first of five locations planned […]
My friends at Punta Pacifica Realty shared this great video with me. They have a wonderful project where you can capitalize on the future growth of this market. Contact me if you are interested in special pricing. Panama’s government has big plans for the Amador Causeway. While work is moving forward on the current $300 million master […]
Marriott’s W Hotels brand is continuing its expansion in the Caribbean Basin. The company is set to debut the new W Panama on Jan. 23, 2018, according to a Marriott statement. The newest W in Latin America and the Caribbean be set in the heart of Panama City, with 203 rooms — including 32 suites. The […]
My friend Mark Heyer was inspired by the beginning of our Summer Season and high winds as he writes this magical story. “Winds from the North lash the bridge of the mighty Volcan Baru as the Admiral prepares his ship for the coming storm. On nights like these, I often imagine that our tiny isthmus […]
Panama moved a step closer to building a rail link to the Costa Rican border on Thursday, December 7 with the signing of an agreement with China to initiate a feasibility study in 2018. It was signed by Luis Miguel Hincapie, in charge of Panama’s Ministry of Foreign Affairs and Zhong Shan, Minister of Commerce […]