This story confirms the prevailing consensus that we are prepared to withstand the economic storms ahead. This from Bloomberg. Most Latin American nations are well- prepared to confront a worsening debt crisis in Europe and slower growth in the U.S. as China’s commodities purchases give the region a “minimum” level of economic support, Moody’s said. […]
This is an incredible feat of engineering and almost like watching the building of the pyramids. More here. The Panama Canal Authority (ACP) reported on Tuesday, October 11, the culmination of the third phase of dry excavation of the Pacific access channel, as part of the expansion program of the waterway. This channel will […]
More and more Americans are traveling to destinations in Central America and other areas in order to receive medical treatment. Doubts about the medical treatment offered in Latin American countries that existed some years ago have disappeared. Currently Americans perceptions regarding the quality and prices of medical services offered in countries such as Costa Rica […]
The Government of Panama issued a formal decree for the development of the new International Airport at Rio Hato. Construction shall consist of tunneling under the existing runway for the Pan American Highway an shall commence immediately. This will be a big plus for the area and I see similar comparison to Punta Cana International […]
Well, it finally passed and whether or not it will be welcome news to all is still to be seen. One thing that has happened in the meantime is most countries who have been waiting for the US to implement more free trade agreements have moved on to court other partners and their trade balances […]
We have been busy this last few weeks buying and selling homes here in Boquete, for ourselves and some clients who have been visiting. The homes that we have been looking at are well built within the last 4 years and have real estate tax exonerations running for more than 15 years. Our home which […]
Good morning and welcome to the Panama Perspective. Rainy season is definitely here in Panama and it is good to get away and visit a beach near our home in the mountains where the mornings are beautiful and the rain holds off until late afternoon or evening. Just an hour and a half away, we go […]
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 […]
I am not the only one who writes continuously on the subject and yes, we will continue to blow this horn about how Obama and the US needs to pay attention to it’s neighbors down here. Andres is an outspoken pundit on the matter and I think that he is really on point with this […]
While I hesitate to publish this yet, it seems that our Free Trade Agreement with the United States may be finally approved along with that of Columbia and South Korea. This in from Washington as of Wednesday this week. Real Progress for FTA Between U.S. and Panama The FTA jumped the first hurdle in the […]