This New York Time article explores the challenges now faced in Panama with a slow down in the real estate market. Along the Pacific coast, Panama’s beach communities are struggling to attract foreign investment, leading to more affordable homes. An Oceanside Haven in Coronado $2.75 MILLION This Balinese-style villa built in 2008 is in the beach […]
Heads are going to turn… W Hotels Worldwide today unveils its latest celebration of global fashion: W HOTELS x GIGI BURRIS – a trio of festive Panama Hats designed as a stylish nod to W Panama City, which opened earlier this year. The collaboration with Burris was born from the W brand’s longstanding relationship with […]
Departures in Panama”s executive cabinet continued with the resignation of Marcela Paredes, Minister of Education (MEDUCA), confirming today the 13th minister who leaves the government in the four-year administration. Paredes will be appointed ambassador of her country to Chile and will leave office on August 15, the Secretary of Communication of the State (SEC) […]
In Nicaragua, a company dedicated to the production of passion fruit which planned to invest $20 million in the coming years, reported that last weekend armed groups invaded their land. The Swiss origin company, Chimaco S.A., reported that the demo facility located at kilometer 124.5 of the highway between Chinandega and León was taken over […]
Wounaan and Embera indigenous communities occupying four territories in eastern Panama are taking their nearly five-year land-titling battle with the government to the Inter-American Commission on Human Rights in Washington, D.C. Their move comes despite recent gains in the Panamanian process. Some indigenous leaders say new government-imposed conditions represent yet another delay in the already-long […]
At the end of the first semester of the year, the cost of new construction, additions and repairs in Panama fell by 43% compared to the same period in 2017, reaffirming the trend seen since last year. HELLO! BUYING OPPORTUNITIES ARE AVAILABLE Gone are the days of a real estate boom in Panama. This has been […]
In Panama, the 18 photovoltaic generation plants that together have an installed capacity of 143 MW, are still waiting for the government to grant new contracts. According to statistics from the National Energy Secretariat, last year the country had an installed generation capacity of 3,423 MW, of which 4% corresponded to solar energy parks. Several […]
This is another area of Panama that will benefit from a better roadway network. Tender for the design of the renovation of the Atalaya-Mariato-Quebro-Las Flores Highway, and the design and construction of the Quebro-Varadero Arena Branch, in the province of Veraguas. Government of Panama Purchase 2018-0-09-0-09-LP-005537: “The preliminary meeting for this project is initially scheduled […]
According to entrepreneurs in the sector lack of promotion of the country is the reason why one million tourists came into the country between January and May of this year, 4% less than in the same period in 2017. The Tourism Authority of Panama (ATP) reported that 1,091,008 tourists arrived in the first five months […]
In the first three months of the year, rice imports into Central America totaled $64 million, registering an increase of 29% over the same period in 2017. Figures from the Information System on the Rice Market in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: Explore data in interactive chart Imports by country […]