There is a new Marriott Resort, a Westin Hotel and another as yet unnamed beachfront resort being developed in Panama. I believe that this brings to 12 the total new hotels announced this year. New Marriott Resort in Panama. A press release from Marriot International reads: Marriott Hotels & Resorts have announced plans to develop […]
A friend of mine published a book earlier this year and I just got around to reading it. It is extremely well thought out and while living in Boquete is pretty easy going, there are always challenges. The Handbook is a great guide for those who are newbies and not so newbies like me. Here is […]
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 […]
Go Ben Go!! Here’s a pretty good, short animated video on the value of gold versus fiat money. The video also points out that it’s difficult to have major prolonged wars without fiat money. In a way, it’s a necessary ingredient as nations engaged in wasteful wars all go bankrupt without the printing press to […]
I just love these old propoganda posters that we put out years ago to convince people that the Greater Depression would never happen. Unlike the United States, Panama does not have a Central Bank and while the US Dollar is the currency here, inflation for the most part has remained very low over the […]
Miami-Dade County delegates meet with Panama chamber of commerce My friend and fellow commercial real estate broker in Miami Ed Redlich visited Panama last month. He reported back on the implications of the Panama Canal Expansion and trade with the US that will impact Miami (especially if they ever ratify the frickin’ Free Trade Agreement!) One […]
Another title I was going to use for this post was “One Foot Over the Border” We are hearing a lot of noise right now about the amount of money coming into Panama from other sovereign nations in Europe and of course the US. I hear that it is a trend that started a few years ago […]
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 […]