Growing Investment in the Panamanian Pacific


News from Panama

The Rio Hato Airport currently has the Pan American Highway running across it but soon there will be a tunnel under it and it will be improved as one of a few International Airports here in Panama.  As we mentioned last week about David and the new International Airport being built there, this one will […]

November 15, 2011

Every day is magic for Panamanian bobsled team


News from Panama

Don Winner posted an article from the Utah Park Record newspaper on his Panama Guide  that covered the first Panamanian Bobsled Team known as “The Spirit of Panama.”  When I saw that my friend Chris Zollinger a lead lawyer from Mossack Fonseca was involved, I dashed off an email of congratulations and he replied with […]

November 15, 2011

Panama Has a New One Balboa Coin


News from Panama

I came across an interesting post as I was looking up pictures of the new $1 Balboa coin.  It was done by Lee Zettzer at the Boquete Panama Guide, one of the most informative blogs about Boquete. Here is a link to his blog and the article, a most interesting read.  A Balboa here, a […]

November 10, 2011

Direct Flights to David, Panama (DAV)


News from Panama

I can remember my first trip to Panama and flying into David on a prop plane that looked like it had seen many years of service.  Of course, having traveled all over the world many time over many years it did not phase me.   I remember flying a DC 3 into the interior when […]

November 10, 2011

Central America and Tourism


News from Panama

I have always been a believer that a tie in with Costa Rica would greatly benefit Panama as well as it would Costa Rica.  While Panama has similar attractions  and tourism resorts found in Costa Rica, we have much more diverse economy that can bring things to the table for Costa Rica.  Costa Rica brings […]

November 2, 2011

Panama leader sees economy growing 11 pct in 2011


News from Panama

This Reuters article confirmed what I reported earlier that the growth for this year would be double digit. Panamanian President Ricardo Martinelli said on Saturday the country’s economy was set to grow 11 percent this year, higher than previous estimates. Panama’s economy, one of the fastest growing in Latin America, is being boosted by a […]

November 2, 2011

Foreign Direct Investment in Central America


News from Panama

Direct foreign investment in Panama is up again as reported in the article from ECLAC, The Economic Commission for Latin American and Caribbean. In the first six months of 2011, Panama received $1,426 million, 17% more than in the first half of 2010. Costa Rica received $1.057 million (+45%), Honduras $486 million (+15%), Guatemala $485 […]

October 27, 2011