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Archive for July, 2008

The demand for expensive gourmet coffee, as well as the high real estate prices in and around Boquete has forced some coffee growers in Chiriqui to encroach on protected park land. The ‘geisha’ coffee varietal, which is grown in the highlands near the border between Panama and Costa Rica, is considered to be the ‘champagne’ [...]

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According to an article in Property Wire, analysts have named Panama one of the top long term real estate investment prospects in the world. UK based firm David Stanley Redfern listed Panama, along with Albania, as the two best long term investments, with Panama’s sustained growth being a major factor in the decision. “Growth is [...]

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Unlikely current events have been fueling a sharp increase in British tourism in Panama; the ongoing investigation of John Darwin, the infamous ‘canoe man’ who faked his death and fled to Panama, as well as the upcoming James Bond film ‘Quantum of Solace’ (filmed in part in Panama) have brought attention to the country, kindling [...]

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Copa Airlines, the national airline of Panama based out of Panama City’s Tocumen Airport, has announced an order for two additional new Boeing 737 aircraft, which will increase their current order to nine new jets. The expanding airline currently offers nonstop flights between Panama City and locations in the United States including Miami, New York, [...]

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Pedasi, a small fishing town on the Pacific coast of Panama, is beginning to attract the attention of investors and developers. The area, which is still relatively undeveloped, is the birthplace of Panama’s first female president, Mireya Moscoso. The quaint town primarily attracts surfers and fishermen, yet the town is beginning to attract the attention [...]

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When conducting business or investing in real estate in a foreign country, it is always important to be particularly aware of the country’s customs, holidays, and social practices. Being negligent of these factors can be extremely damaging; even unintentional mistakes can sour deals that otherwise would have worked. A recent example is that of Anheuser-Busch, [...]

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A delegation of Louisiana politicians and business owners are visiting Panama, in hopes to gain support from the Panama Canal authority in opening broader shipping routes between the Panama Canal and the Gulf of Mexico. Members of the delegation include New Orleans mayor Ray Nagin as well as other politicians and business leaders from the city. New [...]

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Panama, following record 11.2% economic growth last year, is now looking for new ways to capitalize on their success by attracting movie producers to the country, reports the Houston Chronicle.  The upcoming James Bond film, “Quantum of Solace” was filmed in part in Panama, and “injected a huge amount of money into Panama,” according to [...]

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Panama’s ambassador, along with diplomats from 40 other countries, recently toured several high tech United States companies to learn about operating technology companies.  According to a post in the Wall Street Journal’s Business Technology Blog, Ambassador Federico A. Humbert Arias was particularly impressed with HP’s “Halo Room;” a video conferencing system that uses 50 inch [...]

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As real estate prices continue to escalate in popular Panama destinations such as Panama City and Boquete, investors are beginning to look at emerging markets elsewhere in Panama.  Matt Landau, an expert in Panama real estate and publisher of The Panama Report, recently wrote an article on some of the budding markets in Panama.  Here [...]

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