NPR put out this article with great aerials and a very informative video of how the new locks work. After more than $5 billion and close to a decade of construction, Panama opens the long awaited expansion of its storied canal. Set to potentially double its current cargo, the expansion has weathered cost disputes, serious […]
This two story walk up duplex has approximately 1,500 sf of living area, two bedrooms, two baths, a huge balcony and a very nice gardens in back. Built in 2002, the property has a 20 year real estate tax exoneration and a country club membership. It comes with a golf cart and is fully furnished […]
It’s been nearly nine years and more than $5 billion in the making, but come hell or high water the Panama Canal Expansion is finally ready to open this weekend with hopes of ushering in a new era of trade. To mark the occasion, the patient people over at EarthCam have released this 5-year time-lapse […]
The new canal enlarges the volume of ships that transit through it, as well as the opportunities for growth in a country whose economy was already booming. As Jorge Quijano, chief executive of the Panama Canal Authority notes, the new Canal will open up new global trade routes. This is particularly true for cargo which […]
A judge in Panama asked Interpol on Tuesday to help arrest the country’s ex-president Ricardo Martinelli over charges of embezzlement and illegal spying on political rivals, police said. Judge Jerónimo Mejía asked the international police to launch a “red notice” against the ex-president, meaning a preventive arrest in the United States, where he is reportedly hiding from Panama’s justice, in […]
Here in a Latinvex Special from the folks at Wharton who explore how Panama has become a regional business hub for Latin America. LATINVEX SPECIAL Knowledge@Wharton With the opening of the long-awaited Panama Canal expansion project, all eyes are on the impact the $5.25 billion engineering marvel will have on maritime traffic across the vital […]
The beach at Red Frog is perhaps the most beautiful beach in Panama and Red Frog Resort is perhaps one of the finest beach resorts here also. Their Marina is first class and is a gateway to hundreds of islands offshore. My friends at Red Frog just sent me their newsletter and Exploratory Video. Red […]
Robbie Whelan writes in The Wall Street Journal about the work needed before the East Coast’s busiest port can’t receive biggest ships. Ports on the U.S. East Coast have been hurrying to prepare their harbors, terminals and roads for the arrival of supersize container ships that are expected to pass through the Panama Canal once […]
Mauricio Valenzuela writes for The NY Times on house hunting in Panama City. A WATERFRONT CONDOMINIUM IN PANAMA CITY $2,100,000 This 4,187-square-foot penthouse in Panama City occupies the 73rd floor of the 75-story Arts Tower at Yoo Panama. The 2013 building, with 256 units, is by BT Arquitectos, with interiors by Yoo, a firm founded […]
Michaela Trimble writes for Vogue on her recent trip to Panama. Panama is an enchanting oasis, where easy island jaunts and mountain retreats are a way of life. Until recently, it was known more as Central America’s economic center, but that booming economy is also paving the way for a rise in next generation designers, […]