While the expansion of the Panama Canal which is to be completed in a few years will be a game changer for the entire world and especially Panama, we continue to set new records with the existing systems. A press release from the Panama Canal Authority (ACP) states that: “Panama Canal tonnage sets historic record […]
The minister of Economy and Finance, Frank De Lima, made an announcement during a conference of the National Economic Council (CENA) that Panama’s growth exceeded earlier estimates. This in from CentralAmericaData.com. During the second quarter of 2011, Panama’s economic growth was 11.4%, reaching 10.3% during the first six months of the year. Panama’s economic growth […]
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 […]
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 […]
Executive Secretary of the United Nations body, Alicia Barcena In a recent report by The Economic Commission for Latin America and the Caribbean (ECLAC) presented by Alicia Barcenas stated that while the economic recovery here has strengthened and the area has an encouraging growth rate, it also highlights the macroeconomic policy challenges facing the region’s […]
The growth here in Panama is evident when you visit the Chiriqui province and it’s capital David. Everywhere we see new retail, office, flex/warehouse and residential development. The hospitals are expanding and the physician networks continue to improve. The middle class is continuing to press upward, demanding better and more expensive homes. The lower middle […]
I was reading an article written by Peter Hakim In the Inter-American Dialogue about how in just one generation Latin America has arisen from numerous crisis, dictatorships, military regimes and floundering economies to becoming one of the strongest growth markets in emerging nations around the world. He addresses the issue about the potential impact of Latin […]
Panama’s president Ricardo Martinelli has been in the news recently with interviews on Fox and a recent article in Time magazine where he is portrayed as a strong leader who runs the country like he runs his company Super 99, one of Panama’s leading grocery store chains. This article that I read is another testament […]