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 […]
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 […]
Views from the veranda of this estate home are magnificent. You look out to the Pacific Ocean and back to Volcan Baru, a 11,400 foot mountain. This property consists of 14.75 acres of beautiful gentle rolling land that is planted in coffee and fruit trees including many varieties of banana. The home is approximately 3,600 […]
This very interesting report was sent to me by one of my readers who works for the Inter-America Development Bank. “I found this report interesting, particularly from your “perspective”, as it ranks Panama fairly high: 37th out of 110 countries for which data is available, and in the Americas it ranks only after Canada, USA, […]