North American Expats Move to Central and South America
Americans and Canadians are discovering that their income can stretch much further in other countries, allowing them to save, pay...
BUSINESS
The Consumer Price Index Jumped Dramatically in March
We don’t have to tell you, the shopper, that most things cost more these days. The Consumer Price Index jumped...
Current Government to Cut Tourism Dollars by 50%
A 50% Government cut in tourist promotional funds will affect the number of tourists who come to Panama. This was...
A $10 Billion Copper Mine Sits Idle in the Jungle
When the group of mining executives arrived at Panama’s regal Palacio de las Garzas, they were ushered past the ornate, wood-paneled...
Panama Canal Will Increase Transits to 32 in June
The Panama Canal will increase transits to 32 daily starting June 1 of this year, based on rain projections that suggest...
The World Bank and the International Monetary Fund Start Meetings Monday
You may remember that last month the World Bank approved a new loan for Panama of $350 million dollars expecting...
Canada’s BC Gets Downgraded by S&P & Moodys
Canada’s British Columbia gets its third credit downgrade in three years with a negative outlook. The S&P drops the hammer...
Panama Banks are Extremely Happy
Banks in Panama are pleased with their performances. According to data provided to us from the Panama banking system, the...
Within 5 Years, 2000 Panama Canal Workers Retire
The Canal will need 2,000 workers in five years, but as the saying goes, ‘It is easier to buy steel...
Panama’s Undeveloped Caribbean Coast
Panama’s undeveloped Caribbean coast is a hidden gem waiting to be discovered, and some entrepreneurs want to help turn this...
Mexico Wants to Compete with the Panama Canal Using Trains
With drought at the Panama Canal and conflicts in the Red Sea and other global shipping lanes disrupting trade, officials...
Investors from Spain like Panama
Panama continues to be the focus of interest of Spanish investors from Spain. 76% of Spanish companies will increase their...
