Recent Panama News
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Recent Panama News List
- Top 5 Medical Tourism Destinations 2008-03-31
Medical tourism can mean attractive opportunities for foreign patients and investors
In our previous article, Medical Tourism: Seeking Affordable Healthcare Overseas, NuWire investigated the modern concept of medical tourism—traveling to foreign countries for lower cost of care. Medical tourism destinations have emerged all over the globe, from Thailand to South Africa, and even European countries such as Hungary. The industry anticipates a great deal of growth in the coming years, from a 2004 estimate of $40 billion to $100 billion by 2012, according to statistics produced by McKinsey & Company and the Confederation of India... More...
- What Future for Latin America? 2008-03-26
Three years ago, Pulitzer Prize-winning author Andres Oppenheimer stirred a debate in South America with his book, Cuentos chinos (Tall Tales). It was a warning that the region’s commodities-based economic boom belies the fact Latin America is falling behind the rest of the developing world, especially Asia. 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...
- Americans Discover Boquete, Panama 2008-03-09
Natural beauty, climate, easygoing lifestyle are draws
BOQUETE, Panama – It's a Friday afternoon, and the main street resembles Anytown, U.S.A. There is a mom-and-pop coffee shop with round tables, prepared sandwiches and a dessert case. Nearby is a tiny video store, with posters advertising Misión Imposible Tres and La Guerra de Los Mundos (War of the Worlds). And down the block is a small deli that serves cheeseburgers with rice and beans. More...
- Beating the crowds to Panama 2008-02-28
Prices are good, tour buses are few, and there’s plenty of fun to be had
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’t have to worry when the dollar takes a dive abroad. 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...
- More Clever Ways to Spend $1,000 (or Less!) 2007-09-01
You don’t need to spend a fortune to get big results. We asked readers to send in their best low-cost ideas for ramping up business, and here’s what they said. If you haven't noticed, being a real estate practitioner can cost a lot of money. In 2006, the typical REALTOR® spent $7,060 on business expenses, according to the NATIONAL ASSOCIATION OF REALTORS® 2007 Member Profile.... 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 café. But soon you realize that your nest egg isn't going to let you buy one of those overpriced villas and live like Peter Mayle for the rest of your life. Before you know it, the vacation is over, and so is your reverie. Don't fret. We found five idyllic placesfrom Patagonia to Phuketwhere you can still live like a king on what you've saved. So dream on. 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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