I have always been a believer that a tie in with Costa Rica would greatly benefit Panama as well as it would Costa Rica. While Panama has similar attractions and tourism resorts found in Costa Rica, we have much more diverse economy that can bring things to the table for Costa Rica. Costa Rica brings […]
This is a well thought out program that has produced solid results. Here is an article from CentralAmericaData.com 25 multinational companies from around the world have expressed interest in setting up in Panama under the Law of Multinational Corporations (SEM in Spanish). The stable economic growth being experienced in Panama is one of the reasons […]
One of the reasons for Panama’s continued explosive growth is it’s wealth in mineral deposits of gold and copper. Unfortunately it is mixed blessing as some of the areas selected for open pit mining are not conducive for the surrounding ecology due to Panama’s heavy rain fall and the potential for hazardous run off. Hopefully […]
This Reuters article confirmed what I reported earlier that the growth for this year would be double digit. Panamanian President Ricardo Martinelli said on Saturday the country’s economy was set to grow 11 percent this year, higher than previous estimates. Panama’s economy, one of the fastest growing in Latin America, is being boosted by a […]
While I was looking up all the holidays this month here in Panama, I came across a well laid out article by my friends at Focus Publications who put out The Visitor. November begins the season of festivities followed by Mother’s day and Christmas in December and a roll out of Summer holidays that will […]
Direct foreign investment in Panama is up again as reported in the article from ECLAC, The Economic Commission for Latin American and Caribbean. In the first six months of 2011, Panama received $1,426 million, 17% more than in the first half of 2010. Costa Rica received $1.057 million (+45%), Honduras $486 million (+15%), Guatemala $485 […]
Here is an excellent article that I read that was written by Santiago Fernández Castro who is president and CEO of CFS Investments. The right financial conditions would allow the country to become the Singapore of Latin America. Source: americaeconomia.com Analysis & Opinion Please excuse the google translation. Panama is in fashion these days. The […]
This 5 bedroom 5 bath villa has 8,500 square feet of pure luxury. Comfort meets design in this Balinese villa located in the intimate 13-home gated community near Coronado. Located less than an hour’s drive from Panama city, you will find what we believe is one of the most elegantly designed and carefully constructed homes […]
This article from Bloomberg mentions an interview with my friend Kent Davis who has extensive experience in condo sales in the City and quite a few sales at Trump Tower. As some of the other towers come on line and notices go out to buyers to close , there will be more deposits left behind […]
Recently, the internet has been jammed with stories and opinions about the Free Trade Agreement and it is unlikely that there will be a slowdown in commentary and opinions anytime soon. This one by Michael Shifter, President at The Inter-American Dialogue is concise and on point as to the reality of the situation. While directed […]