At first I thought that this might be a hoax but it seems that we are onto something here. I was sent this news yesterday and sure enough, the folks at Fox News just put out the story. Besides being a great figure for the rum company, Captain Morgan lead an interesting life which you […]
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 […]
Miami-Dade County delegates meet with Panama chamber of commerce My friend and fellow commercial real estate broker in Miami Ed Redlich visited Panama last month. He reported back on the implications of the Panama Canal Expansion and trade with the US that will impact Miami (especially if they ever ratify the frickin’ Free Trade Agreement!) One […]
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 […]
We have been taking people around Boquete looking at places to live, invest in agriculture land and business opportunities and every time I go out, I see another place that reminds me of the first trip that I took here in 2006. On my first road trip to Boquete, I knew I had finally found a place that […]
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 […]
The coffee growers in Panama are happy this year and this could continue in the future. This in from El Periodico. The price of grain on the Intercontinental Exchange in New York reached its highest level in the past 34 years. Coffee farmers around the world watched yesterday as the price of grain exceeded the […]
I could not believe that I would ever see this happening but as reported in CentralAmercaDat.com: Due to poor yields during harvest the country must import about 6 million quintals of coffee in order to supply demand from the local market. The purchase will be made through Bolsa Nacional de Productos (Baisa), arriving the country in […]
As reported in CentralAmericaData.com, the high price of coffee is here to stay. Here in Boquete where world record prices are being paid for the high grade coffee grown in upper altitudes, land prices are reflecting the demand for additional production. We have investment grade properties in the $1,000,000 to $15,000,000 range either for outright acquisition […]
As the weather extremes affect commodity prices around the world, we see that close to home here in Boquete our specialty coffees will cost us more this year. This in from Newsroom Panama. It might be a good time to call us about some of our listings on coffee plantations where you can invest either on […]