Between January and July the value of new construction, additions and repairs totaled $1.3 billion, almost 33% more than in the same period in 2016. Although builders have complained about the high costs of materials and labor, and the bureaucracy they face when processing projects, new construction continues to grow. See: “House Sales Prices up 21%” Data from the […]
Creating a brand identity for the tourist area of Río Hato, attracting more airlines and carrying out joint promotional efforts is what hoteliers in the area are proposing in order to encourage the arrival of tourists. Although the strip of beach in the Panamanian Pacific does not yet meet the international standards required to be considered […]
KENYA—I sit on a train, halfway between Mombasa and Nairobi, on Kenya’s brand new Standard Gauge Railway. As we wait for another train to pass on the line’s single track, riders begin to stand up and peer through the closed square windows. Within minutes, a blur of white and orange flies past us, and a […]
My friend sent me this listing of a home that has just been reduced in price. Cerro Punta and the little town of Guadalupe next door are some of my favorite places in Panama. It is I the higher altitudes of the western highlands of Panama and is much cooler than Boquete, especially at night. […]
Well, I can’t wait to see what the official logo looks like. Does anyone know? The Assembly has passed a law creating a distinctive logo for Panamanian products or those manufactured in the country, with the caption “Made in Panama”. From a press release by the Assembly: The plenary of the National Assembly approved, […]
Canadian miner First Quantum Minerals Ltd (FM.TO) said on Thursday it would boost its stake in unit Minera Panama SA to 90 percent in a deal valued at $635 million to increase its copper mining operations. The company, which currently owns 80 percent of the unit, said it signed an agreement to buy a […]
This is a great article from Smithsonian Tropical Research Institute. Be sure to watch the videos at the end. Teak, the most valuable species for tropical reforestation, often performs poorly in the acid soils of steeply sloping land in the tropics. As human population skyrockets and land becomes a scarce resource, balancing tradeoffs between reforestation, […]
The consortiums Hospital Aquiteco, Pro Coclé, Hospital A.T., HAT Panama and HOSPITAL A.T. presented their proposals in the tender to build a new hospital in Coclé, Panama. From a statement issued by the Ministry of Health in Panama: The Ministry of Health (MINSA) held the public event to begin the study, design, construction, equipment, and preventive and corrective maintenance […]
The government plans to grant exemptions and other tax incentives to banks that finance investment projects in the Colón Puerto Libre commercial zone. The objective of the Ministry of Commerce and Industries is to facilitate commercial investments in Colón Puerto Libre, through the exemption of several taxes, for banks that grant loans to companies interested in settling in the duty-free zone. […]
Beijing’s diplomatic victory holds little relevance to most Chinese immigrants in Panama or their relatives back home. When Panama broke ties with Taipei in June and established diplomatic relations with Beijing, the tiny village of Qixin was suddenly flooded with reporters. Nearly everyone in Qixin has relatives in Panama, the Central American isthmus […]