While we are excited to see the expansion underway here in David to handle direct flight to the US, the new International Airport in Rio Hato will provide a boost to the growing tourism market as it will be served by many all inclusive resorts nearby. The new international airport for Panama’s central provinces is about an hour […]
While people in the US complain that gas prices are horrendous at an average of $3.55 per gallon, try $4.30 per gallon. But since the inflation rate leaves gas and food off the index, I guess that it not hurting anyone back there. It will here, but in Panama most of the population takes mass […]
I could not believe that I would ever see this happening but as reported in CentralAmercaDat.com: Due to poor yields during harvest the country must import about 6 million quintals of coffee in order to supply demand from the local market. The purchase will be made through Bolsa Nacional de Productos (Baisa), arriving the country in […]
This is more testament as to why a few other people think Panama is the place to invest. This is in part due to real estate, hotel development specifically and the duty free zones, which are second to Hong Kong. According to a report by the Comptroller General, the country received $ 2.362 billion in […]
As we have seen here in Panama, the growing middle class is is a huge new consumer base that is helping to fuel the economic growth throughout Latin America. The irony, as laid out in a recent report by the International Monetary Fund, is that history’s traditional No. 1 consumer, the United States, is still sputtering from the […]
El Visitante or The Visitor, which is a weekly newspaper here in Panama, always grabs my attention with it’s great cover stories. Jacob Ehler pens a great story with the opening of Carnival here in Panama. Carnival is coming, are you prepared? The Carnival is coming to Penonome, Panama City, La Chorrera and Las Tablas. This […]
After living in Miami for 35 years, I always was amazed at how the Port of Miami functioned. It was an incredible logistics process for moving cargo and people as it was located right off Biscayne Boulevard in Downtown Miami. It seems that it is now going to get a lot busier and will profit […]
We are seeing a rising middle class in every country in Latin America except for Venezuela and that has to do with increased trade and productivity of it’s people. This in from the Washington Post. USHUAIA, ARGENTINA – Here at the end of the Earth, just 600 miles from Antarctica, tourists hike over glaciers and […]
Back in Florida I see where Port Everglades is ramping up for increased trade with Latin America. One of the improvements includes the dredging a deeper channel to accommodate the larger ships that will be passing through the Panama Canal when it’s expansion is complete in 2014. Broward County‘s seaport is undertaking a $2 […]
STRONG DRIVER Caterpillar continues to outperform its multinational peers in Latin America. (Photo: Jo Mateix) As reported in the Latin Business Chronical Latin America continues to outperform global sales for US and European multinationals. These are heady times for multinational companies active in Latin America. Revenues from the region rose an average 17.2 percent for the […]