Welcome to the fourth in this series of Panama road trips for 2011. We have already been back to Pedasi three times this year, meeting with customers and enjoying this incredible place that is still undiscovered by most people, even with many Panamanians who have never ventured out of the City past the gold coast. While the inventory of […]
I have been looking into how to utilize a portion of my IRA for further investments in Panama and before I go into this let me set the stage for why. Casey Research has long discussed the idea of moving some of one’s wealth outside the United States. While he is promoting a project […]
At first I thought that this might be a hoax but it seems that we are onto something here. I was sent this news yesterday and sure enough, the folks at Fox News just put out the story. Besides being a great figure for the rum company, Captain Morgan lead an interesting life which you […]
Well folks, we can all rest easy as the debt ceiling crisis has been averted and we have crashed through!! A discussion with several of the countries economic ministers reveals that while things will remain a mess in the US, the impact on the debts of nations here will be minimal. Frank de Lima, Vice Minister of Economy […]
Well it looks like we may see more construction in our part of the country. With the four lane highway going from Boquete to David under construction, the Nation has put out a tender for the roadwork from David to Santiago that we were hearing about last year. This in from Prensa The Ministry of Public […]
Well not exactly that kind, but the description definitely fits. Panama has a shortage of service personel and management personnel as well. When you get to the executive level the competition for top talent is fierce and the headhunters are making money in Panama right now. This article appeared in Capital.com by Migdalia Casorla Most companies, […]
I do not know how many times this year we have heard about the grow in Panama’s economic activity and what the numbers are shaping up to be for 2011 but we are now approaching double digit figures for 2011. This in from Reuters. (Reuters) – Panama’s economic activity rose 9.5 percent in May compared to […]
I just love these old propoganda posters that we put out years ago to convince people that the Greater Depression would never happen. Unlike the United States, Panama does not have a Central Bank and while the US Dollar is the currency here, inflation for the most part has remained very low over the […]
Miami-Dade County delegates meet with Panama chamber of commerce My friend and fellow commercial real estate broker in Miami Ed Redlich visited Panama last month. He reported back on the implications of the Panama Canal Expansion and trade with the US that will impact Miami (especially if they ever ratify the frickin’ Free Trade Agreement!) One […]
The Circus in Washington is such a ridiculous show these day and while it isn’t as exciting as the new Harry Potter movie, there are plenty of warlocks, witches, and trolls present – and many fairy tales are told. And still no settlement on the real important issues!! Debt Ceiling, no problem, let’s wait until there is […]