The signing of the trade agreement is scheduled for late February, a measure that bodes well for improving access to Korean high-tech products and increasing agro-exports from Central America. <span< a=””>A report by Moody’s analyzes the impact expected in El Salvador and in the other countries of the region, from the entry into force of […]
My friends at The Dialogue wrote this interesting post about China’s Belt and Road Initiative. (BRI) At this point in time, Panama is the only Latin American country to have signed one of China’s over seventy Belt and Road Cooperation Agreements with individual countries, or to be featured on China’s BRI web site. Last week’s […]
Well, opening night was as expected, a huge success and the cast was excellent in their performance of only the second show about Panama in English! Get your tickets now as they will be selling out the rest of the tour here before they are off to Canada. Here is my friend Mark Heyer’s […]
Located on the 3rd level (2nd floor) in building 2, this is a turn-key opportunity to invest or move to the highly sought-after area of Boquete, Panama. No worries about the 3rd level – the like-new OTIS elevator makes this unit zero grade living! You have all the amenities of a gated community, proximate to […]
Autonomous vehicles, aka self-driving cars, are coming. And the world is going to change because of them. A lot has been written about the “first order” effects of autonomous vehicles (AVs): How they will reduce traffic fatalities, make rides more comfortable, or put truck drivers out of work. But the bigger story here is the […]
While still about 40% the cost of construction in many countries, we are seeing a rise in labor and material costs for building in Panama. I built a luxury home for about $1,100 a M2 in 2014 and current prices on a luxury home that I am building now is up to around $1,250 per […]
Environmental impact studies have been submitted for the construction of a park for the generation of wind energy and another one for solar energy, both of 20MW of power. Data from the interactive information system “Construction in Central America“, compiled by the Business Intelligence Unit at CentralAmericaData. Detail of the projects: Energía Verde, S.A. submitted […]
This reminds me of the movie Dumb and Dumber! With 19% endemic poverty, 10% open unemployment and 40% informal employment, and some of the highest electricity rates in the region, Costa Rica is opposed to $1 billion in clean energy investments. EDITORIAL By Jorge Cobas González Meanwhile, the bureaucracy of state-owned companies continues to prescribe […]
A key issue to look into before you move somewhere is the financial health of the country. Panama is ranked the highest in Latin America. In line with the revision from stable to negative for the outlook for sovereign debt, Fitch Ratings has also downgraded the outlook for the debt of state banks and two […]
The bill presented by the Varela administration in the National Assembly stipulates sanctions of 2 to 5 years and fines up to 10 times the amount defrauded. From a statement issued by the Ministry of Economy and Finance: January 18, 2018 The Ministry of Economy and Finance (MEF) today presented to the National Assembly a […]