The new government of President Juan Carlos Varela is continuing its stated plan to focus resources on infrastructure projects in Panama. The new five-year strategic plan released this week, Pres. Varela has designated almost one third of the $19.5 billion…
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Airline passenger traffic in Panama increased by 8.1 percent in the last three years, as airlines grew the number of flights and more people visited the country for tourism and business, a new study found. In Panama City alone, Tocumen…
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With more and more North Americans looking to retire abroad, Panama has once again been recognized as one of top spots to retire in the world. Panama was ranked second on International Living’s annual Global Retirement Index, which cited Panama…
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The developer of the Trump Ocean Club continues to struggle to pay its debt, which was revealed in Bloomberg’s Jan. 6 article headlined, “Trump Panama Hotel Developer Misses $23 Million Bond Payment.” While the headline sounds scary, this prearranged default…
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