More cargo passed through the Panama Canal than ever before in fiscal 2017, as the expanded Canal’s performance exceeded forecasts. A record 403.8 million Panama Canal tons (PC/UMS) transited the Canal in the year, a 22 percent increase from a…
As the plane flies over Pearl Island, it’s hard not to be struck by the beauty of the island. Located about 45 miles off the coast of Panama City, the lush landscape is the postcard image of a tropical paradise.…
Five months after formally launching diplomatic ties, China and Panama are negotiating a new trade agreement that could provide a big boost to Panama’s economy and real estate market. Panamanian President Juan Carlos Varela said he expects to sign 15…
Punta Pacifica Realty’s property management department is reporting near-record rental activity in 2017, due to a surge in rentals to multinational clients. PPR, Panama City’s largest property management operation, has rented 18 percent more apartments in the first eight months…