The minister of Economy and Finance, Frank De Lima, made an announcement during a conference of the National Economic Council (CENA) that Panama’s growth exceeded earlier estimates. This in from CentralAmericaData.com. During the second quarter of 2011, Panama’s economic growth was 11.4%, reaching 10.3% during the first six months of the year. Panama’s economic growth […]
Here is a great article in the New York Times Travel section that was part of a Latin America travel special. It describes travelers to the Island of Coiba here off the coast near Chiriqui. Coiba is the largest island in the Pacific Ocean south of Vancouver and an incredible ecosystem, both on land and […]
Well, just as we find ourselves coming close to the deadline, once again it is extended and for good reason as it is an equalizer that levels the playing field for developers. Martinelli has also suggested that the affordable housing limit be increased from $80,000 to $100,000 for preferential interest subsidization. All good news for […]
I just heard from a couple who are in the process of obtaining their permanent visa, that their attorney said that they had needed to acquire a Multiple Entry/Exit Permit before they returned to the US. They did not know about this as it is not publicized so, as they are still considered persons who […]
The idea is to develop a storage facility for perishable goods coming from South America which would then be exported to the U.S. Here is the article. The Minister of Agriculture of Panama, Emilio Kieswetter, traveled to the U.S. yesterday to meet with entrepreneurs in this country interested in making Panama a multimodal logistics hub […]
I know that your calendars are filling up with the upcoming events in 2012 including the Panama City Jazz Fest, the Boquete Jazz Fest, the Panama International Film Fest and every other festival we have annually, but now we can add the Iron Man 70.3 series event to our calendar which is coming in February. […]
A friend of mine sent me this slide show and short story about a world renowned surfer photographer who was born in Panama and grew up with some the first guys who surfed here. You will enjoy it if you click on the link and turn up your speakers. See the story and slide show […]
While Panama was an exporter of many types of hardwoods in the past, massive deforestation for cattle pasture and exploitation of the lumber halted the business entirely until recently when the reforestation programs have started paying off and Panama once again will become a net exporter. If you are interested in this business, a good […]
This project was announced last year and quite frankly, I did not expect to see it progress. It is like The World developed by Nakheel in Dubai but much smaller. Still, for Panama this is huge and like the recent opening of Trump Ocean Club which is the tallest building in Latin America it is […]
I saw this article posted by my friends at Business Panama and thought that you might enjoy a recent report by a visitor to our area here in Chiriqui who also visited Bocas which is over the mountains on the Caribbean coast. Here is the article by Jenalia Moreno, Hearst Newspapers It reminded us of […]