The United Nations’ Economic Commission for Latin America and the Caribbean estimates that the region’s economy will expand 2.2% this year, a sharp reduction from a previous forecast of 2.7%. Growth in Panama is seen leading this year at 6.7%, followed by Bolivia at 5.5%, then Colombia, the Dominican Republic, Ecuador and Nicaragua at 5.0%. […]
The head of the Panama Canal Authority says officials might be forced to limit the draft of ships by the end of this year or early in 2015 if a drought continues and lowers the level of lakes that feed the waterway’s locks. Jorge Luis Quintano tells Panama’s Channel 2 television station that unusually light […]
New hotels are popping up all over Panama as reported by the Tourism Authority. In the first half the year the Tourism Authority of Panama granted 33 permits for the establishment of new hotels and 11 new licenses to travel agencies. $102.8 million is the total amount invested in the first six months of the […]
One of the nice things about living in Panama is that it remains a protectorate and each year there are some very impressive war games that demonstrate the importance of the Panama Canal. Nothing like being able to park a bunch of war boats offshore to remind the bad boys that they mean business! Here […]
In a great article in USA Today, people on a cruise explore the Panama Canal from the perspective of a Celebrity Cruise line ship that makes the transit. PANAMA CANAL, Panama — It’s barely an hour after daybreak when the Celebrity Millennium enters Balboa Harbor near Panama City, leaving the Pacific Ocean behind, but already […]
My friend David Stubbs wrote a great article in the Live and Invest Overseas blog on his perspective of Panama. David is a major developer in Costa Rica where he currently lives. He now does business in Panama where he and Lief Simon are developing the Los Islotes project in the Azuero and in this […]
Ritz Carlton describes the Reserve resort as “A discovery of cultural riches that awaits you in the most breathtaking corners of the world”. They have resorts in Phulay Bay in the Philippines, Muscat in Oman, Tamuda Bay in Morocco, and a few locations in this hemisphere. Joining the ranks will be Pearl Island here in […]
A friend of mine has established a great web site for potential expats to seek out and research where the right for place might be for them to retire. Interesting that he chose Panama as the first place to establish his research. And even more interesting is his choice of Boquete as a main region. […]
I follow Doug Casey and the gang at Casey Research because he is another believer in getting one foot across the border. Here is a sobering fact he raises about the historical rate of inflation and its impact our your future. At the end there is a video interview on why “You MUST get assets […]
Another headline might be Gran Carretera vs. Mesoamerican Biological Corridor One needs to keep in mind the importance of protecting this fragile corridor that runs the length on Panama along the Atlantic coast before getting too excited about the development potential it opens up. This has been a proposal for 30 years now almost every […]