Panama News

Revealed: the best places in the world for retirement January 20, 2008

Do you feel you’ve had enough of the rat race and want to jet off to a life in the sun? Here are your options.  Read more... 

Taiwan insists ties with Panama, Marshal Islands firm January 10, 2008

Taiwan on Thursday claimed its diplomatic ties with Panama and the Marshall Islands are firm despite speculation that these two countries are mulling recognizing China.  Read more... 

Panama beckons retirees from the US December 28, 2007

A growing number of Americans — especially older people who are selling their home for a handsome profit — are moving to Panama to take advantage of its low home prices, tax breaks and discounts.  Read more... 

Wyndham Hotels and Resorts Opens First Hotel in Panama December 6, 2007

The Wyndham Hotels and Resorts brand will fly its first flag in Panama with the conversion of the five-star, 301-room Veneto Hotel & Casino in Panama City to The Veneto, A Wyndham® Grand Hotel.  Read more... 

Rich Venezuelans pick Panama over Chavez November 8, 2007

Wealthy Venezuelans are emigrating to Panama in increasing numbers, snapping up luxury homes as they fear their leftist President Hugo Chavez will hold onto power for life and rebuild the country in the image of Communist Cuba.  Read more...

HP to Open Global Services Delivery Center in Panama October 10, 2007

HP today announced plans to build a global delivery center in Panama City, Panama, that will provide services to help customers better manage business information and optimize their technology infrastructures.  Read More...

Caterpillar Inc. to Build Demonstration & Learning Center October 9, 2007

Caterpillar Inc. today announced that it has signed a memorandum of understanding with the government of Panama to purchase land for the construction of a demonstration and learning center and other operations near Panama City.  Read More...

Investment Opportunities in Panama September 26, 2007

Panama has a variety of investment opportunities, including a burgeoning condo market in Panama City, miles of untouched beaches on the Caribbean coast and everything in between.  Read More...

Panama FDI grows 19 percent in first-half 2007 September 19, 2007

Foreign direct investment to Panama grew 19.4 percent in the first six months of this year compared to the same period in 2006 to $598 million, the government said on Wednesday.  Read more...

Panama, Taiwan seek to increase economic ties September 17, 2007

Panama City - Panama and Taiwan on Monday proposed a sharp increase in bilateral economic ties in the fields of construction, industry and the exploitation of marine resources in light of a free trade agreement between the two countries.  Read more...

10 Outstanding Ideas To Invest In Panama For Less Than $10,000 September 10, 2007

Interesting opportunities for entrepreneurs.  Read more...

Is Panama the America's Hong Kong? August 31, 2007

The groundbreaking at the Panama Canal on Sept. 3 won't involve the usual golden shovels;  Read more...

CH2M Hill selected as Programme Manager for expansion of Panama Canal August 21, 2007

The Panama Canal Authority (ACP) has awarded CH2M HILL a programme management contract for the US$5.25 billion Panama Canal Expansion programme.  Read more... 

The Costa Rica Experience Moves Next Door August 19, 2007

IT'S a Friday afternoon in Boquete, Panama, and the main street resembles Anytown, U.S.A. There is a mom-and-pop coffee shop with round tables, premade sandwiches and a dessert case.  Read more...

Royal Caribbean establishes new port in Panama July 30, 3007

Panama and Royal Caribbean Cruises Ltd. agreed on Monday to make the Central American country the starting point for some of its tour operations in a bid to boost the cruise operator's presence in the region.  Read more...

Panama's Jews, Arabs coexist July 29, 2007

While conflicts in the Middle East make the prospect of peaceful coexistence between Jews and Arabs seem distant, a walk along the crowded streets of this trading zone shows Jews and Arabs can get along.  Read more...

Retirement Realty Fiesta July 24, 2007

We recently found that 30% of our roughly 30,000 clients who invest in real estate through self-directed IRAs were interested in investing in offshore real estate.  Read more...

THE CANAL: A post-Panamax renaissance July 24, 2007

With its cargo of green and orange, rust red and silver grey containers piled high, the Antwerpen Express seems too big to fit inside the locks at Miraflores on the Panama Canal.  Read more...

Ideal spot for the second home July 24, 2007

Charles and Sharon Erwin, two semi-retired residents of Mobile, Alabama, have spent much of the past few years travelling the world in search of a second property to which they can escape during the colder months.  Read more...

Free Trade with Panama is win-win July 10, 2007

The United States and Panama signed a free-trade agreement last week, consummating negotiations that began in April 2004.  Read more...

Latin America's real estate Panamania July 5, 2007

Off in the distance, where Panama Bay becomes the Pacific, container ships loaded with merchandise bound for the U.S. bob in the haze.  Read more...

Americans abroad are part of the migration around small world March 4, 2007

While Americans debate the impact of new immigrants into this country, an intriguing analysis has been done about Americans -- particularly retirees -- who choose to live abroad.  Read more...

Investments of US$1.5bn to double port capacity - Panama February 27, 2007

Investments of over US$1.50bn in Panama's ports over the next eight years will more than double the country's port capacity, the ministry of commerce (Mici) announced in a statement.  Read more...

Bush Assures Panama On Free Trade Deal February 21, 2007

United States President George W. Bush has assured Panama's President Martin Torrijos that the US is committed to pushing through a free trade deal that will see tariffs and other barriers to bilateral trade of goods and services eliminated over the next ten years.  Read more...

Foreigners Invest More in Panama February 21, 2007

United States President George W. Bush has assured Panama's President Martin Torrijos that the US is committed to pushing through a free trade deal that will see tariffs and other barriers to bilateral trade of goods and services eliminated over the next ten years.  Read more...

Is Panama City The Next South Beach? February 18, 2007

It was sticky hot, and I was grungy after a morning exploring the cobblestone passageways of Panama City's Casco Viejo, a 300-year-old cross between the crumbling charm of Old Havana and the restored glow of New Orleans's French Quarter.  Read more...

Frommer's top 12 destinations January 13, 2007

Frommer's travel guides and Frommers.com have announced their choices for the top travel destinations for 2007.  Read more...

The Panama Canal October 25, 2006

Often referred to as the “eighth wonder of the world” and one of civil engineering’s greatest triumphs in the 20^th century, the Panama Canal (Canal de Panamá) offers the shortest route (an approximate 80 kilometers/50 miles) linking the Pacific and Caribbean coasts of Panama.  Read more...

The Colon Free Trade Zone October 21, 2006

The Colon Free Zone, located at the Atlantic entrance to the Panama Canal, is the focal point for sea and air cargo transportation in the hemisphere.  It is considered a unique entrepot of world commerce.  Read more...

Panama - the Switzerland of Central America! October 20, 2006

Much like the Panama Canal and the Colon Free Zone (the largest free trading zone in the Western hemisphere), the financial service sector has had a tremendous impact on the country’s economy and direction.  Read more...