The idea is to develop a storage facility for perishable goods coming from South America which would then be exported to the U.S. Here is the article. The Minister of Agriculture of Panama, Emilio Kieswetter, traveled to the U.S. yesterday to meet with entrepreneurs in this country interested in making Panama a multimodal logistics hub […]
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. […]
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 […]
While Panama was an exporter of many types of hardwoods in the past, massive deforestation for cattle pasture and exploitation of the lumber halted the business entirely until recently when the reforestation programs have started paying off and Panama once again will become a net exporter. If you are interested in this business, a good […]
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 […]
This seems to be a never ending story of how the US Government cannot get out of it’s own way for it’s own good. This in from Reuters White House, Congress search way past stumbling block * Action on related trade bill expected to start process (Adds background in paragraphs 5-8) By Doug Palmer WASHINGTON, […]
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 […]
I saw this article posted by my friends at Business Panama and thought that you might enjoy a recent report by a visitor to our area here in Chiriqui who also visited Bocas which is over the mountains on the Caribbean coast. Here is the article by Jenalia Moreno, Hearst Newspapers It reminded us of […]
This comes under the saying by Paul Getty: “Formula for success: rise early, work hard, strike oil” (UPI. com) PANAMA CITY, Panama, Sept. 1 (UPI) — Expert surveys in Panama have established the Central American nation is sitting on an oil bonanza worth at least $15 billion. Panama is dependent on imported oil and rising […]
I have been asked by several people about the status of the 20 year tax exoneration so I asked my freind in Panama City what he knew. Kent Davis is well versed in the subject which is one of the main selling features of a residence in Panama and one that kept the condo […]