Panama: Government Considering Tax Changes


News from Panama

  The government is exploring new ways to increase tax revenue and at the same time helping to provide relief from rapidly increasing fuel costs here in Panama.  Prensa.com reports that Authorities are considering lowering or eliminating the tax on fuel and replacing it with one for “luxury goods”. When explaining what would be considered […]

April 28, 2011

Panama’s Achilles Heel: Lack of Qualified Labor


News from Panama

Prensa.com reports that while Panama’s growth is surging ahead and numerous projects are underway, the services industry finds a shortage of qualified job applicants that will continue to pose challenges here. Available candidates lack communication skills, arrive late to interviews, submit poorly written resumes, or resign shortly after being hired. By the end of this […]

April 28, 2011

Agribusiness Investing in the Latin American Sector


News from Panama

I have been very interested in the agribusiness opportunities here in Panama and have invested personally in some small way with beef cattle and now vegetables.  As food is central to all issues both economically and politically around the world these days, I think that it is important to pay attention and learn more about […]

April 27, 2011

Latin America: Colon Top Port


News from Panama

LARGEST Colon port on the Atlantic side of the Panama Canal is now Latin America’s largest in container traffic. Here the port of Cristobal, part of the Colon port complex. (Photo: Panama Ports Company) The Panama Canal is still several years away from completion and with that, a huge increase in traffic is expected.  This just […]

April 27, 2011

Panama Island and Coastal Properties For Sale


News from Panama

  Virgin Coastal Peninsulas, Islands, Beachfront and the incredible lifestyle in the beautiful country of Panama. While I have visited and lived on many islands, the islands and peninsulas that jut out  into the Pacific waters of Panama are some of the most majestic and beautiful ones of all.  Rugged shorelines, desolate sandy beaches, howler monkeys that come down from […]

April 21, 2011

Panama: Wind Energy Law Approved


News from Panama

Another sustainable resource that will play into Panama as a leader will be wind power. Source: Asamblea Nacional de Panamá Monday, April 11, 2011 The bill will establish an incentive regime to encourage the construction and expansion of wind farms. The incentive regime aims to diversify Panama’s energy sources and provide electricity from renewable and […]

April 15, 2011

SPORT FISHING: THE NEXT BIG ECONOMIC MOTOR


News from Panama

  I recently read an article in The Visitante that spoke to one of Panama’s greates resources that is just now being tapped.  I have mixed emotions about the subject after watching the fishery in South Florida deteriorate over the 35 years that I lived in South Florida and hope that Panama does not have the […]

April 4, 2011