Strong Recovery in Tourism


News from Panama

It is good to see more people visiting Panama and we are not the only country seeing a resurgence in the tourism industry here in Central America. Here is an article fro La Prensa    Three years after the global economic downturn, tourists are once again looking at Central America. Tourism in the isthmus grew […]

May 21, 2011

Martinelli wins IGFA Conservation Award


News from Panama

I have always praised Panama for not only hosting some of the best fisheries in the world with records in Black Marlin and more, but for also taking steps towards conserving this wonder resource.  Bravo President Martinelli for helping to insure that this continues. by the IGFA Ricardo Martinelli, President of the Republic of Panama, […]

May 21, 2011

Major Multinationals Lead Growth in Latin America


News from Panama

    Caterpillar, Volkswagen Lead Growth A number of multinationals are experiencing strong growth here in Latin America.  This Story in from The Latin Business Chronicle Caterpillar, Volkswagen and AB InBev are the Latin America growth winners among multinationals. BY LBC STAFF   US-based equipment maker Caterpillar posted the strongest Latin Americarevenue growth among multinationals last year, according […]

May 21, 2011

Panama Authorizes Import of 32 million Quintales of Coffee


News from Panama

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 […]

May 13, 2011

Farewell to the Five Star Ratings


News from Panama

American Economia published this interesting article recently  as well as a link to the interview with Frits van Paasschen at Starwood The global hotel chain Starwood expands its strategy in Latin America: breaking its dependence on the Sheraton brand and launches some cool concepts for the luxury segment. For Frits van Paasschen, the stars do not make much […]

May 13, 2011

Panama: Latin America’s FDI Leader


News from Panama

 The Latin Business Chronicle reports that Panama has Latin America’s highest percent of FDI, while Venezuela has the lowest. PANAMA CITY – Panama has replaced Chile as Latin America’s leading recipient of foreign direct investment as a percent of its GDP, according to a Latin Business Chronicle analysis of new data from the UN the United Nations Economic Commission for Latin America and the Caribbean (ECLAC) and GDP data from […]

May 13, 2011