Dynamic Panama, Stalled Panama


News from Panama

The Panamanian economy remains bright because of its strong side, logistics, however as it stands today household consumption is not growing, mainly affected by a cumulative inflation of 38% in the last ten years. There has been a notable increase in the prices of fundamental items in the family basket, such as housing, food, and […]

October 31, 2017

$70 million for Medical Research Center


News from Panama

The first phase of the “Gorgas Campus” project includes construction of the research and biosafety laboratory buildings at levels 2 and 3, the transport warehouse and the water treatment plant and administration area. From a statement issued by the Ministry of Economy and Finance: The National Economic Council today approved a loan agreement with the […]

October 31, 2017

Panama Buys More Brazilian Furniture


News from Panama

In 2016 imports of home and office furniture in Panama totaled $127 million, and the value imported from Brazil grew by 4% compared to 2015..” Figures from the information system on the Market for Home and Office Furniture and Accessories in Panama, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAPHIC caption = “Click to […]

October 31, 2017

Tender for Line 2 Extension In November


News from Panama

The Environmental Impact Study for the 2-kilometer extension of the Metro to Tocumen Airport’s passenger terminal has been approved and the publication of the tender rules for the adjudication of the work with an estimated amount of $125 million was announced. The director of Metro de Panama, Robert Roy, announced that at the end of […]

October 31, 2017

November is the month of holidays in Panama


News from Panama

Holidays are big events in Panama, and November is the pick of the litter for celebratory months.  Days off work, colorful traditional clothing, and musical parades… Panamanians dancing up and down the streets in major cities, hosting family parties, and spinning the revelry out as long as they can. Here is a list that Ben […]

October 31, 2017

What I am watching now.


News from Panama

Justin and Chris just opened their new venue on the beach in Puerto Armuelles and Susie and I are going to visit  and play with the monkey!! Click here to see the video on the Beach Club and Hotel. Next is Weightless !! I have also been watching this guy,  French paragliding champion Jean-Baptiste Chandelier who […]

October 31, 2017

US lifts restrictions on 2 Panama newspapers


News from Panama

The United States has lifted restrictions on two Panama newspapers wrapped up in money laundering allegations against their owner. U.S. Ambassador John Feeley says in a statement that Abdul Waked transferred his shares in La Estrella de Panama and El Siglo to a foundation. La Estrella reported Monday that its majority stockholder had donated his […]

October 31, 2017

Cruise Costa Rica and Panama


News from Panama

Perhaps one of the best cruises that Susie and I ever experienced was a Cruise West tour of the Southern Passage in Alaska.  Small ship cruising with only a hundred other couples is the way to travel.  Even Windstar who cruises our waters of of Costa Rica and Panama compares it to being on your […]

October 31, 2017