Here is a great article that was published in Prensa about what we are faced with here in Panama as we remain slave to the vagaries of the US dollar. In an article in Prensa.com, Joey Levy discusses the illusion of security of fixed term savings, citing an $10,000 investment giving 6% from 2002 to […]
This is not good news for major coffee exporters. Fortunately for many growers here in Boquete they have risen to the top of the pyramid of growing quality coffee that far surpasses the price paid for regular quality coffee. They have a buying crowd of roasters back in the US and around the world who […]
A group of investors recently developed a green house operation in the Boquete area for the purpose of exporting bell peppers to the US and it is no small operation with a capital investment of $10 million. This will not be the last such venture in the highland regions of Chiriqui as the USDA establishes […]
The growth in Latin America is mirrored by the growth of the regions airlines from Copa which is our airline in Panama to LATAM Airlines that became the world’s largest airline last week. Here is a Wall Street Journal article covering the subject. Commentary: Latin American airlines offer good investment opportunities MIAMI (MarketWatch) — I […]
The Panamanian President indicated that the recommendations of the National Coalition for Development on the subject are not binding. Amongst the National Coalition for Development’s recommendations, what the Panamanian government will comply with is not selling state shares in power and telephone companies. Regarding the land in Arrayan, which has a combined value of nearly […]
…because it may break. In Panama, political tensions and too much public spending designed to speed up development may compromise this brilliant moment for the canal country. This is a great editorial from Prensa that tells a balanced view of the economy here in Panama. We have experienced the threat to businesses of political instability […]
As I hear that this is happening more and more, I thought that it might be worthwhile to warn some of my readers who fly through Houston to get to Panama. It seems that this has now become standard operating procedure at the airport there. This in from a friend who told me of his […]
I have always said that one of the most important considerations to choosing a country to move to is the underlying economy and its fiscal governance. While most countries around the world are seeing their debt downgraded, Panama continues to improve its rating . The rating agency Standard & Poor’s has upgraded the Republic of […]
The canal country’s accession was formalized on 29 June and this will accelerate the elimination of tariffs and regional trade facilitation. Another step to insure Panama’s continued growth. The incorporation of Panama to the Secretary for Economic Integration of Central America (Sieca), will allow Central American countries to sign the Association Agreement with the European […]
This last week we had some incredible weather with the short lived San Juan Summer where the skies are blue and the rain stays away sometimes for days. After driving to David to drop off my daughter who was returning to Miami, I was struck with the differences here in Chiriqui since I first visited […]