Panama is Japan’s second largest trade partner


News from Panama

In a story put out by the Latin Business Chronicle, Brazil edged out Panama for the number one slot with a total of $15,977,000 in trade last year in comparison to Panama’s total of $15,898,000.  That is still pretty impressive for our small country when you compare a country that is often compared with China in […]

July 13, 2011

Private investment in Panama to grow 11.6% in 2011


News from Panama

With Panama’s economy on track for sustained growth in the high single digits, private investment increases are in the double digit range and expected to top 11% for 2011.  LaPrensa reports that the first quarter economic growth overall was almost 10% in the first quarter of the year.  Source: Prensa.com Friday, July 8, 2011 Forecasts by private […]

July 13, 2011

Panama City Market Report


News from Panama

I decided to see what was happening in Panama City as it relates to the condominium market, as I am often asked to help out in finding or selling a place for some of my readers and clients.  Lacking a MLS system, Panama remains in a gray zone of “no one really knows and no […]

July 13, 2011

Legal Corner


News from Panama

We will try to present you with articles from time to time that we feel are of merit written by some of the best attorneys and law firms in Panama.  Here is an article that is a good follow up to the previous post on bearer shares.  It discusses the Client-Attoney relationship and was sent to me by the people at Mossack […]

July 9, 2011

Continued growth for our City of David, Panama


News from Panama

   The growth here in Panama is evident when you visit the Chiriqui province and it’s capital David.  Everywhere we see new retail, office, flex/warehouse and residential development.  The hospitals are expanding and the physician networks continue to improve.  The middle class is continuing to press upward, demanding better and more expensive homes.  The lower middle […]

July 6, 2011

Latin lessons for a Eurozone recovery


News from Panama

     Alfonso Prat-Gay                                             William Rhodes Two minds who think alike! An article that appeared in the Dialogue caught my eye, this one by Alfonso Prat-Gay who was governor of Argentina’s central bank 2002-04.  He discusses how kicking the can down the road ends up causing more trouble than dealing with issues head on.  This […]

July 6, 2011

Latin America: From an Unhappy Past to a Promising Future


News from Panama

I was reading an article written by Peter Hakim In the Inter-American Dialogue about how in just one generation Latin America has arisen from numerous crisis, dictatorships, military regimes and floundering economies to becoming one of the strongest growth markets in emerging nations around the world.  He addresses the issue about the potential impact of Latin […]

July 6, 2011

USA – Panama Trade Agreement One Step Closer


News from Panama

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 […]

June 29, 2011

Copa to make Chicago its first Midwest destination


News from Panama

  Copa is my favorite airline and not a day goes by where I do not hear about Copa whether it is a new route, new planes or new cooperation with other carriers to increase business through Tocumen International Airport, the true Hub of the Americas.  Now we can add Chicago to the list of North American […]

June 28, 2011

Ports in a Storm


News from Panama

One of the things that I often miss in commercial real estate back in the US, were the conventions where you could meet with the top people in the field and learn a lot very quickly.  In  a second in a series of posts about the Panama Canal expansion being a “Global game changer” is a […]

June 28, 2011