Panama’s government is reporting that economic activity has increased 6.96% this past June in comparison to the same period last year. Panama’s economy still appears to be staying strong, despite the sinking dollar and turmoil hitting the markets in the United States and Europe. It will be particularly interesting to see if the trend continues [...]
Archive for August, 2024
Panama’s Economic Activity Is Up Nearly 7% In June Versus Same Period Last Year
Posted in panama economy, tagged panama, panama economy, Panama Real Estate on August 27, 2024 | Leave a Comment »
An Interview With Blogger Sylvain Duford On Building A House In Panama
Posted in Uncategorized on August 26, 2024 | 1 Comment »
I recently had the opportunity to interview Sylvain Duford, who is currently building a house in Altos del Maria, Panama, and is chronicling his adventure in his blog,Sylvain’s Panama Adventure. According to his blog, Mr. Duford is a former Canadian Airforce pilot, and is currently a software engineer. He began writing about his experiences building [...]
Panama City’s Casco Viejo Neighborhood Is “One Of The Hippest Barrios In Latin America,” Says The Guardian
Posted in Panama City, Panama Real Estate, tagged casco antiquo, casco viejo, Panama City on August 25, 2024 | Leave a Comment »
The Casco Viejo neighborhood of Panama City (also called Casco Antiguo) is “one of the hippest barrios in Latin America,” according to a recent article in the Guardian. The article describes the growing popularity of Panama’s capital city as one of the fastest growing tourist destinations in Latin America. Once a stopping off point for [...]
IFC Considering $500 Million Loan To Support Canal Expansion
Posted in panama canal, panama economy, tagged IFC, panama, panama canal on August 21, 2024 | Leave a Comment »
The International Finance Corporation (IFC) is considering offering a $500 million loan to help Panama finance the current canal expansion. The project, which includes adding a third set of locks to the canal, has a current estimated price tag of over $5 billion. The expansion will allow larger ships to pass through the aging American [...]
Panama Enacts New Immigration Regulations
Posted in Panama Real Estate, tagged panama, panama immigration regulation, Panama Real Estate on August 20, 2024 | 2 Comments »
Panama has amended several immigration regulations that impact real estate investors in Panama, according to the My Panama Lawyer Blog. Some of the laws changed include the length of stay allowed for tourists, regulations on foreign workers, changes in the minimum investments for forestry and other visas, and an increase in the required minimum income [...]
Irving Saladino Wins First Olympic Gold For Panama; New Sports Complex To Be Named In His Honor
Posted in Uncategorized, tagged beijing olympics, irving saladino, panama on August 20, 2024 | Leave a Comment »
Congratulations to Irving Saladino, who took first place in the men’s long jump on August 18th at this year’s Beijing Olympics, bringing home Panama’s first gold medal in Olympic history. The gold is the first medal awarded to a Panamanian athlete since Lloyd LaBeach took home two bronze medals in the 100 and 200 meter [...]
Tourism On The Rise In Panama, Says Seattle Times
Posted in Panama Tourism, tagged panama, Panama Tourism on August 19, 2024 | Leave a Comment »
Panama’s tourism industry brings in $1.5 billion in revenue per year, more than earned from the tolls at the Panama Canal, according to a recent article in the Seattle Times. Panama’s government, through the official tourism ministry - IPAT, have sought to increase the country’s visibility by promoting the recent “Panama – It Never Leaves [...]
Nikki Beach Resort Scheduled To Open In Panama In March 2009
Posted in Panama Real Estate, tagged nikki beach resort, panama, playa blanca on August 13, 2024 | 2 Comments »
Located 45 minutes north of Panama City, the Nikki Beach resort is scheduled to open in March of 2024. The Nikki Beach Playa Blanca Resort and Spa complex will include a 140-unit condo-hotel in addition to two other elements, Nikki Beach Residences, which will feature 60 two and three bedroom ocean view apartments, and Nikki [...]
English Language News Sources In Panama
Posted in panama news, tagged panama, panama news on August 11, 2024 | Leave a Comment »
For anyone interested in keeping up to date on local news and events, here is a selection of English language newspapers in Panama: The Panama News: an English language online news magazine with articles written by Eric Jackson. The magazine features a variety of stories on topics that relate to Panama’s economy, culture, lifestyle and [...]
Panama Resort Named One Of The Top ‘Clothing Optional’ Destinations In World
Posted in Panama Real Estate, tagged bocas del toro, clothing optional resorts, panama on August 8, 2024 | Leave a Comment »
A recent Reuter’s article ranked the Garden of Eden Resort in Bocas del Toro the number two ‘clothing optional’ resort destination in the world. The top resort went to a scandalous sounding resort in Mexico called The Au Naturel Club (definitely not beating around the bush with that one). According to the article, the Panama [...]
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