While Florida ports are in some of the best positions to benefit from the expansion of the Panama Canal, there are a lot of competing ports in the US that are moving quicker, with more money and will be ready sooner. I always liked the term “Speed to Market” and this time – time is […]
The recently approved Law 80 on tourism in Panama has granted incentives to companies who develop maritime tourism infrastructure. I have reported on this before that it will be a boon to development, especially along coastal areas like Boca Chica. Considering that it can take years to get approval for a marina project here in […]
And where not to put it….. We noted several weeks ago that the financial position of Financial Pacific has come under investigation. While not huge by banking standards, they do have around $120 million in asset base and their advertising suggests that they are growing. At first they had a shortfall of around $7 million […]
The plans for a new 4 lane Pan- America highway will greatly impact Chiriqui, specifically the coastal markets serviced by it. From my home in Boquete, it would take 3 hours to get to Santiago, with the highway probably only 2. More importantly, if I want to go to Santa Catalina and the coast most […]
One of the prettiest Islands off shore here in Chirqui is Coiba. The problem is that no one exploits it. The government needs to open this park island up for public private development. Perhaps with the new law here will be incentives to do this and other areas here in Chiriqui. The Panamanian National Assembly […]
Here is a great Wall Street Journal article on a couple that sold everything and decided to travel on a permanent basis, seeing the world. How one couple walked away from all they owned and are putting down new roots— one country at a time. By LYNNE MARTIN I’m 70 years old. My husband, Tim, […]
I have a friend in the City that specializes in Colon and the Free Trade zone. He also keeps watch on the list of properties that the government is selling and from time to time comes across some real opportunities. there are two properties near Colon that are coming on the market that might be […]
” WELCOME TO PANAMA!! ” This was music to my ears as I saw the greeter open the door to the “hop on hop off bus” bus loaded with tourists after it pulled into Casco Viejo for a morning of sightseeing in the Old City. Something in the air told me that we were off […]
While we all know that things have changed, housing in the US and other parts of the wprld will never return to pre-crisis levels with baby boomers aging and the next generation lacking the population numbers to support the credit and homeownership expansion that occurred in the decades leading up to the credit meltdown, Christopher […]
This week was a busy one with travel to Panama City. I hopped on the 8 am Air Panama Fokker 100 Jet that flies regularly between David and Panama. By the time we reached cruising altitude, we started our descent and were on the ground in 25 minutes. A new age of travel from David […]