Panama: Shortage of Workers Increasing


News from Panama

Here is a series of articles that appear in CentralAmericaData.com.  It is a problem we are facing in light of an explosive economy and unbridled growth in Panama. A lack of qualified personnel, an aging population and legal obstacles preventing the hiring of foreigners are impacting on the competitiveness of businesses. The problem, faced by […]

September 13, 2011

IronMan Comes to Panama


News from Panama

I know that your calendars are filling up with the upcoming events in 2012 including the Panama City Jazz Fest, the Boquete Jazz Fest, the Panama International Film Fest and every other festival we have annually, but now we can add the Iron Man 70.3 series event to our calendar which is coming in February.  […]

September 13, 2011

Panamaniac Surfers!


News from Panama

A friend of mine sent me this slide show and short story about a world renowned surfer photographer who was born in Panama and grew up with some the first guys who surfed here.  You will enjoy it if you click on the link and turn up your speakers.  See the story and slide show […]

September 13, 2011

Ocean Reef Rises Off of Panama City


News from Panama

This project was announced last year and quite frankly, I did not expect to see it progress.  It is like The World developed by Nakheel in Dubai but much smaller.  Still, for Panama this is huge and like the recent opening of Trump Ocean Club which is the tallest building in Latin America it is […]

September 13, 2011

Panamanian Banking Center Holds Firm


News from Panama

By making some adjustments, the sector has been able to resist the onslaught from the global financial crisis. This in from LaPrensa.com Since its inception in 1970 with the creation of the banking law, Panama’s banking and financial sector has grown and molded itself to the characteristics of the economy, making adjustments but surviving after […]

September 8, 2011

Aging Baby Boomers May Curb U.S. Expansion


News from Panama

This is not your mother’s recovery. I might want to re write this BLOOMBERG article to the headlines of Aging Baby Boomers  Gives Rise to Explosion in Retirees Moving to Panama.  Everyone here in Panama knows that you can live cheaper and a have better quality of life without the hassles, expenses and stress we […]

August 31, 2011

New International Airport triggers development interest


News from Panama

The start of construction of the new international airport in Rio Hato has triggered significant  investor interest in the area.  We will see a surge of new hotel development as direct flights from the US, Canada and Europe bring in hundreds of tourists daily.  Rio Hato is approximately two hours by car from Panama City, and the […]

August 28, 2011