Port Everglades plans $2 billion, 20-year expansion


News from Panama

  Back in Florida I see where Port Everglades is ramping up for increased trade with Latin America.  One of the improvements includes the dredging a deeper channel to accommodate the larger ships that will be passing through the Panama Canal when it’s expansion is complete in 2014. Broward County‘s seaport is undertaking a $2 […]

March 3, 2011

Latin America: Star of Multinationals


News from Panama

 STRONG DRIVER Caterpillar continues to outperform its multinational peers in Latin America. (Photo: Jo Mateix) As reported in the Latin Business Chronical Latin America continues to outperform global sales for US and European multinationals. These are heady times for multinational companies active in Latin America.  Revenues from the region rose an average 17.2 percent for the […]

March 3, 2011

LatAm Leads Google Growth


News from Panama

As reported in Bloomberg, the world’s biggest Internet-search company, is opening new offices in Latin America and boosting staffing levels by 50 percent to capitalize on its fastest-growing region.  Latin America now has some of the best fiber based networks in the world and the populace is taking advantage of this. Revenue from Latin America surged […]

March 3, 2011

IRS has announced another Amnesty Program


News from Panama

I have found that being transparent with the United States Internal Revenue Service has always been the best policy.  If you have not and you are found out, the penalties are horrific.  Just breeze through the following and see more on this. 2011 Offshore Voluntary Disclosure Initiative Frequently Asked Questions and Answers

February 27, 2011

UN Will Open Regional Center Headquarters in Panama


News from Panama

  I read recently where Panama’s Vice President and Foreign Minister, Juan Carlos Varela, and the Regional Director of Project Services of the United Nations, María Noel Vaeza, signed a memorandum for the construction of the Offices of the Regional Centre for Latin America and the Caribbean of the United Nations in Panama. “The construction […]

February 27, 2011

Donald Trump to Panama: ‘You’re hired!’


News from Panama

Don Winner had an interesting post that I would like to share with you on the newly completed Trump project here in Panama.  By Tim Rogers (Panama City) The global real estate slump has not soured Donald Trump’s flavor for grandiosity. He’s merely going global with it. In Panama. This week two of his three […]

February 27, 2011

Panama to Host World Baseball Championship


News from Panama

Panama was selected to host the 2011 Baseball World Championships according to Prensa.com.  The event is scheduled to have 16 teams and be played during the last week of September and first week of October. Edwin Cabrera, president of the organizing committee, said that he estimates an investment of about $ 5 million in organizing […]

February 20, 2011

High Coffee Prices are Here to Stay


News from Panama

As reported in CentralAmericaData.com, the high price of coffee is here to stay.  Here in Boquete where world record prices are being paid for the high grade coffee grown in upper altitudes, land prices are reflecting the demand for additional production.  We have investment grade properties in the $1,000,000 to $15,000,000 range either for outright acquisition […]

February 20, 2011