“Here we go again. Those not happy with stocks ran to bonds and then back to stocks then over to treasuries…oh yea gold was in there somewhere? Who the hell is steering the ship? It’s nothing but a shell game anymore!” I liked this comment to a Bloomberg post as the market continued to tank on […]
A friend of mine is selling his 60 foot Hatteras Yacht- Fish that is moored in Boca del Toro. While it is one of the famous Hatteras configurations, he has spent over $200,000 modifying the boat to be a pure live-aboard vessel. It is fully operational and is like having a floating apartment that […]
This could be a day in your life…forever! Each morning, the sun’s incredible colors emerge from the ocean different from the day before, offering a unique sunrise to start the day. Walk down your private steps to the beach and enjoy the pristine beauty of the Pacific Ocean. A leisurely five minute walk on the […]
The minister of Economy and Finance, Frank De Lima, made an announcement during a conference of the National Economic Council (CENA) that Panama’s growth exceeded earlier estimates. This in from CentralAmericaData.com. During the second quarter of 2011, Panama’s economic growth was 11.4%, reaching 10.3% during the first six months of the year. Panama’s economic growth […]
Here is a great article in the New York Times Travel section that was part of a Latin America travel special. It describes travelers to the Island of Coiba here off the coast near Chiriqui. Coiba is the largest island in the Pacific Ocean south of Vancouver and an incredible ecosystem, both on land and […]
Well, just as we find ourselves coming close to the deadline, once again it is extended and for good reason as it is an equalizer that levels the playing field for developers. Martinelli has also suggested that the affordable housing limit be increased from $80,000 to $100,000 for preferential interest subsidization. All good news for […]
I just heard from a couple who are in the process of obtaining their permanent visa, that their attorney said that they had needed to acquire a Multiple Entry/Exit Permit before they returned to the US. They did not know about this as it is not publicized so, as they are still considered persons who […]
I was reading this article in the Miami Herald that was written by one of my favorite writers, Andres Oppenheimer. He explains that after a decade of record Latin American exports to China, which helped the region grow significantly despite the recent global recession, there are signs that the honeymoon may be coming to an […]
While you might not think that the story on Greece affects you (yes you in Panama) and all of us, you should! This is the best article that I have read by an economist who has been through it already. I keep hearing cries of “we should pour more money into the hole” and “we […]
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 […]