With the New Year comes continued growth and prosperity here in Panama. It is expected that the growth rate of the GDP for 2012 will be around 7.5%. We are expanding the Panama Canal, enjoying significant direct foreign investment and have an exploding middle class that wants new and better housing, goods and services. It […]
Each time I have family visit from the United States, I contact Tocumen Royal Saloon for VIP meet and greet service. I send them the details of the parties, arrival flight and time as well as the name of the driver that I will have ready to pick them up. Upon arrival and leaving the […]
Well, here we are at the end of the year and looking at the new one that is just around the corner. Santa has left the building and we prepare to stumble uncertainly into the New Year. We have all lined up a few resolutions for 2012 including the repeated pledges to lose weight, exercise […]
A lot of people ask me if I can recommend a well located, well priced condo building in Panama City. A friend of mine in the City just sent me this listing that they recommend for investors or owner/users. Many people that I know who live in in the City like El Cangrejo as […]
Farmers here in Chiriqui know how to grow some of the best produce in the Americas and it varies as greatly as the altitude here where we can grow like carrots and cabbage at 6,000 feet and within an hour be harvesting fruit like Pineapples at sea level. The trick is not how to grow […]
I just got back from two spectacular days in Boca Chica. This place never ceases to amaze me. You really need to visit and perhaps invest here before the rush that will take place in the future when our nearby International Airport is finished and open for direct flights form overseas. Where else can […]
Well, it looks like we are finally going to see the plans for the new convention center become a reality. New location, but a better one in my opinion. Days after the government announced its intention to sell the Atlapa Convention Center, it has announced a tender for January, for the design and construction of […]
The hotels on the gold coast of Panama are experiencing very high occupancy rates and with the new International Airport coming to Rio Hato I believe that we are going to see another Punta Cana type explosion of rooms in the future This in from the Panama America Pacific beaches of Panama, specifically the province […]
There was an excellent article in the Miami Herald this week where Andres Oppenheimer covered two recent meetings of Central American leaders. By Andres Oppenheimer aoppenheimer@MiamiHerald.com While Saturday’s summit that created a Community of Latin American and Caribbean Countries (CELAC) in Venezuela drew big headlines, a little-noticed meeting of five Latin American Pacific rim countries […]
Two new projects have begun in Panama that signal the continued growth here. This in from CentralAmericaData.com Manzanillo International Terminal Expansion. A $200 million investment has been announced which will be used to dredge the access channel, a new turning basin, three Panamax docks, more areas for containers and nine gantry cranes. A press release […]