The Amador Heights Building is located in a very attractive sector, within walking distance of the scenic, palm-lined Amador Causeway which forms the Southern entrance to the Panama Canal. The causeway stretches for approximately 5 km and connects the Islands ...
World Bank Renews its Support to Panama Panama can rely on the World Bank to deal with the effects of the global financial crisis and to implement its immediate and long-term development programs, announced the multilateral institution after a high-level meeting in this Central American country. Wor...
Panama's economy grew 2.59 percent in February Panama's economy slowed in February to grow at a 2.59 percent rate from the same month a year earlier as the global economic crisis bit, but by no means has stopped. The number of tourists entering the country has grown 3.3% in 2009 compared to the first three...
Tourism Authority selects the ten wonders of Panama The Panama Tourism Authority announced the winners of its contest “The ten wonders of Panama”, which aimed to select the best tourist site in each one the nine provinces. The voting was done using the interactive web site of the Tourism Authority w...
New Mall Under Construction in Coronado The growth of Coronado and the surrounding Pacific beach communities is reaching new heights. A new strip mall is under construction at the turnoff to Playa Coronado from the Inter American Highway. Coronado Mall will be completed in 2010 and will have 35 comm...
Ivanka Trump: Panama Hottest Market Ivanka Trump, executive vice president of development and acquisitions at the Trump Organization has lots to say about Panama’s real estate market and the 70-story Trump Ocean Club building in Punta Pacifica.“I have projects all over the world,&rdq...
Tourism Up 11.7% in Panama Despite Ecomonic Crisis In spite of the global financial crisis, tourism grew in Panama 11.7% in January, said tourism Minister Ruben Blades today. He said both the number of visitors and the money spent in the country by tourists increased.According to the data from the Tourism Auth...
Report on Panama as 2008 Draws to a Close A note to some readers: I will frequently use the word "billion" below. I am well aware that it is used differently or not at all in some countries and languages (Spanish, for example). When I use it, I am referring to 1,000,000,000 or what many of y...
Property Tax Exonerations Extended The Consejo de Gabinete has approved an extension of the 20-year property tax exemption for apartments and houses, according to minister of Housing Balbina Herrera. The measure applies to projects whose building permits are issued before Dec. 31, 2009. Herrera...
1,261 Millions Invested in Projects According to the preliminary numbers of the Contraloría General, an increment of 25.4% was registered of the value of projects for residential constructions and redesigning and non residential in 2007. Last year there were many different projects that w...
