Recent Panama News
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Recent Panama News List
- Panama's New President: A Boost for Business 2009-05-05
Panamanians take justifiable pride in their operation of the Panama Canal. Since the U.S. handed the famous waterway over to Panama nine years ago, the independent Panama Canal Authority (ACP) has run it more efficiently, more safely and more profitably than the Americans did. More...
- Hats off to Panama 2008-08-23
Panama City used to be somewhere people travelled through, not to. But the transformation of a run-down neighbourhood into one of the hippest barrios in Latin America is changing that.
A grubby billboard stands propped up against the kerb. "La Casona de las Brujas", it reads, which loosely translates as the House of Witches. It seems appropriate for a dark side street in Panama City's ramshackle Casco Viejo neighbourhood. I have no idea where Xili, my Panamanian friend, is taking me, but I'm pretty sure she doesn't have a secret penchant for black magic. More...
- Latin Business: Best & Worst 2008-05-12
Chile is best and Venezuela worst in Latin America when it comes to overall business climate.
Brazil may be the hottest destination in Latin America for foreign investors these days, but it's not the country with the best business climate. That honor goes to Chile. And Panama is just behind, followed by Peru, Uruguay and the Dominican Republic, according to the third annual Latin Business Index from Latin Business Chronicle. More...
- Coasting along the Pacific 2008-03-22
The steamy glamour and air of infinite possibility that lure people to Panama in search of a new life is not exclusive to its capital, Panama City. High-end residential developments up the Pacific coast and on the islands scattered off it promise to deliver the requisite combination of oceanfront setting, high-tech communication systems, stylish architecture and cosmopolitan multiple home-owning neighbours. More...
- Panama's Hottest Secret 2008-03-21
If you're looking to get ahead of the game, Panama City's Casco Viejo is as up-and-coming as it gets, says Vicky Baker. Go now before the word is well and truly out
By the time travellers hear about the hip new part of town in a foreign city, it's usually too late. We might think we're cutting edge as we sip a cocktail in Berlin's Prenzlauer Berg, Buenos Aires' Palermo or Brooklyn's Williamsburg, but the locals will have long been bemoaning the inflated prices and reminiscing about the good old days. More...
- Beating the crowds to Panama 2008-02-28
Prices are good, tour buses are few, and there
Panama is one of the key crossroads in the world, the land bridge between North America and South America and the waterway between the Atlantic and the Pacific, yet it seems to be perpetually a decade or two behind always-trendy Costa Rica in drawing crowds of tourists. This is true even though Panama has all the elements to qualify as a Central American hotspot: teeming wildlife, sandy beaches, scuba diving, world-class fishing, widespread English proficiency, reliable transportation and a cosmopolitan capital city. The country even uses the U.S. dollar as its currency, so American visitors don More...
- HP to Open Global Services Delivery Center in Panama 2007-10-10
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. Panama City was selected due to its well-developed information technology infrastructure, large pool of skilled workers, and government and university support. More...
- Caterpillar Inc. to Build Demonstration & Learning Center Near Panama City, Panama 2007-10-09
PANAMA CITY, Panama, Oct. 9 /PRNewswire-FirstCall/ -- 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. Measuring 100 hectares (approx. 250 acres), the land provides ample space for Caterpillar to establish a major operational presence close to its Latin America customers and dealer base. More...
- Retirement abroad 2007-09-30
Baby boomers describe living outside America
RETIRE OVERSEAS: Boomers are finding that retirement overseas can provide new, and cheaper, lifestyles. Americans Robert and Mary Lyle, top, split their time between the United States and England; Hans Groot, right, traded life in New Jersey for the Philippines, and Mary and Matt Strociek, bottom, shown celebrating the Fourth of July in Panama, have retired to a place where the weather and cost of living are lower than their native Chicago. More...
- Retirement Havens For the Intrepid 2007-06-09
Nicaragua, Honduras, Panama Vie to be the Next Florida; Bring your own Horseradish
As legions of baby boomers prepare to retire and relocate to warmer climates, a widening range of Central American countries are vying to be their new home. While places like Costa Rica , Mexico and Belize have long lured U.S. retirees with pristine beaches and cheap living, prices in those countries have risen sharply during recent years. As a result, a new breed of intrepid retirees is branching out to countries including Panama , Honduras and Nicaragua . These countries, in turn, are rolling out the welcome mat in an attempt to snare Americans' retirement dollars. More...
- In Panama , American retirees finding more paradise for less 2006-02-05
Golf course manager John Sutton had enough of lawyers, telemarketers, and the US government. So the San Diegan and his wife took early retirement, sold everything they owned, and moved to Panama . The Suttons, who bought a house here last summer, exemplify the wave of American retirees who want to get away from it all -- far, far away. Each month, about 20 new ones turn up in this remote coffee-growing town in the mountains of western Panama... More...
- Teddy Roosevelt, Como Esta? 2005-11-20
On my flight from Newark to Panama City, I wonder what I will find after years of being away. People say Panama is going to become a destination for packaged ecotours, much the same as Costa Rica. I still find that hard, and sad, to believe. From 1977 to 1986, Panama was my home - it was a Latin Casablanca, with arms runners, drug lords and revolutionaries as well as Farah Diba, Margot Fonteyn and Graham Greene. More...
- Explore Panama 2005-09-09
PANAMANIANS joke that the McDonald's franchises and glass skyscrapers make Panama City the " Miami of the South," except that more English is spoken here. But more than a decade and a half after an American invasion leveled part of the city and about six years after United States troops pulled out of the country and ceded control of the Panama Canal, the city is asserting itself as a tourist destination... More...
- RETIREMENT GUIDE 2005 2005-07-11
Paradise Found: Where to Retire Abroad
Who can resist the fantasy? Instead of catching the early-bird special in Florida, wouldn't it be more fun to sip away your sunset years in Provence? Such thoughts often occur on vacations. During a pastis-induced haze, you think, Who needs Target or Oreo cookies or 100 cable channels to make life enjoyable? I could live here forever. You nurse the dream, lingering over real estate ads in a local caf More...
- Panama Seeks Miami 's Heat 2005-03-14
Latin American Nation Lures Banks & Travelers in Post-Sept. 11 Era
Anna Paula Gama, an accounts executive for MTV Brasil, got a cold reception when she arrived in Miami last year for a vacation. Despite having visited the U.S. four previous times, she was pulled aside by immigration agents and grilled about her finances. She emerged teary-eyed, vowing to never visit Miami again. "They pened all my bags, opened my wallet, dropping money all over the floor, then they left me to pick it up myself," she recalls. More...
- Money: Running Away to Retire 2005-03-14
After a lifetime in Minnesota , Randy and Rhonda Berg turned their backs on frigid winters, work and the high cost of living in the United States . They sold everything and retired to Costa Rica in 2002, enticed by reports of cheap Real Estate and a laid-back lifestyle. "The first week was an eye-opener," says Randy, 58, describing balky real-estate agents, an Internet-touted house that was "an absolute disaster" and the urge to head back home..... More...
- Panama: Tropic of Desire 2005-02-01
Panama has temperate rain forests, great surf and beaches, and more birdlife than any other country in Central America. Now, Alan Weisman finds, it also has a newly elected administration that wants travelers to enjoy every bit of it... More...
- Panama trying to jazz up image and lure tourists 2005-01-23
Music festival contributes to an effort to promote national identity and shake off the Noriega stigma.
Like much of Central America , this lush strip of land separating two oceans doesn't get much respect. Best known for suffering under the dictatorship of Manuel Noriega during the 1980s, incurring an invasion by the United States in 1989 and allowing the U.S. to control its primary economic asset--the Panama Canal --for nearly a century, the country has not enjoyed much positive publicity or the tourism dollars that go with it. More...
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