Fantasy Island – Part 2


News from Panama

A lot of my readers have shown an interest in Isla Palenque, the fantasy island that Susie and I visited recently.  I thought it appropriate to have Ben Loomis, the Founder and President of Amble Resorts tell us more about his project located on his private island here off the coast of Chiriqui.  To that […]

March 22, 2013

Colon Free Zone Faces Devaluation in Venezuela


News from Panama

Location is one of the main keys to the enormous success of the Colon Free Zone, making it an ideal hub in this age of globalization of the world’s economy. The Colon Free Zone is the main commercial distribution center for the hemisphere. To this end the Zone is constantly reconstructing and modernizing warehouse, shipping […]

March 3, 2013

Panama: Benefits of Tax Exemptions


News from Panama

While the stock market in Panama is still small,  the volume in the Panama Stock Exchange is being driven by the fact that properly registered shares and bonds do not pay income tax. Do I hear another reason to consider investing down here? Capital.com.pa reports that “the stock market in Panama traded $512.2 million in […]

March 3, 2013

Charity in Boquete


News from Panama

The annual Bid 4 Boquete charity raising function requires months of planning and work from a core group of very dedicated volunteers. This dedication has resulted in it being the largest charitable fund raising organization in Chiriqui Province.  This year the event brought in over $75,000 which will go to very good use in our […]

March 3, 2013

Festivals and Celebrations in Boquete


News from Panama

Screaming Hot Jazz and Blues was on tap this last weekend with bands traveling from around the world to play for us here in Boquete. The festival began with a street parade led by a marching band and our local golf cart battalion!! The photographers were out in numbers and the photo album is worth […]

March 3, 2013

Hotel Occupancy Rate in Panama At 85% During Carnival


News from Panama

Thanks and a hat tip to Don Winner for this timely post. The hotel occupancy rate in Panama City and in the interior of the country now stands at 85%, thanks to Panama’s attraction as a tourism destination during Carnival. Jesus Sierra, president of the Panamanian Association of Hoteliers, attributes this success to the recent […]

February 5, 2013