Farewell to the Five Star Ratings


News from Panama

American Economia published this interesting article recently  as well as a link to the interview with Frits van Paasschen at Starwood The global hotel chain Starwood expands its strategy in Latin America: breaking its dependence on the Sheraton brand and launches some cool concepts for the luxury segment. For Frits van Paasschen, the stars do not make much […]

May 13, 2011

Coca-Cola bottler buys Grupo Industrias Lacteas


News from Panama

Bloomberg Businessweek reported this recent acquisition.  I have been following the dairy industry here in Panama for years and believe this to be a profitable area for investment.  The term cash-cow originated here.  Where else can you close a deal on Monday and Tuesday get a check when the milk truck shows up for a pick […]

May 13, 2011

Coffee prices over $300 per quintal


News from Panama

The coffee growers in Panama are happy this year and this could continue in the future. This in from El Periodico. The price of grain on the Intercontinental Exchange in New York reached its highest level in the past 34 years.   Coffee farmers around the world watched yesterday as the price of grain exceeded the […]

May 13, 2011

Panama: Cable & Wireless to invest $100 million


News from Panama

Panama has some of the best cell phone systems in the world.  Like a lot of emerging nations, wireless did not replace hard wired communication systems in most places because outside the urban environment it did not exist.  Now like many parts of the world, data transmission has upped the ante for many companies vying […]

April 29, 2011

Can Coups Still Take Place in Latin America?


News from Panama

When I was young, my Mother used to tell me about life in Panama years ago and she would explain to me that Latin America was different then.  She told me “in the USA we have elections while in Latin America, we have revolutions!”  Well, while that was a little simplistic and a little to broad a […]

April 28, 2011

Panama: Government Considering Tax Changes


News from Panama

  The government is exploring new ways to increase tax revenue and at the same time helping to provide relief from rapidly increasing fuel costs here in Panama.  Prensa.com reports that Authorities are considering lowering or eliminating the tax on fuel and replacing it with one for “luxury goods”. When explaining what would be considered […]

April 28, 2011

Panama’s Achilles Heel: Lack of Qualified Labor


News from Panama

Prensa.com reports that while Panama’s growth is surging ahead and numerous projects are underway, the services industry finds a shortage of qualified job applicants that will continue to pose challenges here. Available candidates lack communication skills, arrive late to interviews, submit poorly written resumes, or resign shortly after being hired. By the end of this […]

April 28, 2011

Agribusiness Investing in the Latin American Sector


News from Panama

I have been very interested in the agribusiness opportunities here in Panama and have invested personally in some small way with beef cattle and now vegetables.  As food is central to all issues both economically and politically around the world these days, I think that it is important to pay attention and learn more about […]

April 27, 2011