A recent article in The Economist continues the discussion about the challenges Latin America faces in this era of explosive growth. Panama is front stage in this article about how it has has achieved success in many areas but has fallen short in many more. While skyscrapers line the horizon in Panama City and the […]
Below are recent developments which illustrate the growing role of Chinese investment in Latin America: China Development Bank Agrees to Loan Ecuador $2bn, Bolstering Bonds Ecuador signed a $2bn loan with China Development Bank Corp, its second in less than a year, as the Asian nation seeks to secure energy and commodities supplies to meet […]
I keep in close touch with my friends in South Florida as well as maintain commercial real estate practice there as I know eventually things will get better and another boom time will begin. Of course it may be awhile before it begins in earnest. In the meantime it is back to free rent offered […]
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 […]
Here is something Panama residential developers should be looking at and possibly trying to move the unsold product that is still under construction especially if some customers walk away from their deposits and the market gets saturated as it did in South Florida. South Americans and other foreigners are behind more than half the condo […]
In a story put out by the Latin Business Chronicle, Brazil edged out Panama for the number one slot with a total of $15,977,000 in trade last year in comparison to Panama’s total of $15,898,000. That is still pretty impressive for our small country when you compare a country that is often compared with China in […]
With Panama’s economy on track for sustained growth in the high single digits, private investment increases are in the double digit range and expected to top 11% for 2011. LaPrensa reports that the first quarter economic growth overall was almost 10% in the first quarter of the year. Source: Prensa.com Friday, July 8, 2011 Forecasts by private […]
I read an article in the Miami Daily Business review written by Richard Serafini who is of counsel with Ruden McClosky and a member of the white collar practice group in conjunction with associate A.J. Yolofsky who is a member of the firms litigation practice group. The article should raise the hair on the back of your […]
I decided to see what was happening in Panama City as it relates to the condominium market, as I am often asked to help out in finding or selling a place for some of my readers and clients. Lacking a MLS system, Panama remains in a gray zone of “no one really knows and no […]
Last Wednesday marked the debut of Trump Ocean Club® International Hotel & Tower® Panama, which is TRUMP HOTEL COLLECTION™‘s first international venture. It is now the largest and tallest building in Latin America. Donald J. Trump and his sons, Donald Jr. and Eric, joined the Panamanian team to officially open the hotel to guests and residents. […]