The change in demographic of the real estate buyer in Panama over the last five years has resulted in a surge of new, higher-end property offerings. Prices on Panama real estate have been driven up due to both increased purchasing power of the local Panamanian market along with a new type of foreign buyer who in all likelihood is still working (as opposed to retired, which was the typical buyer from five years ago), with higher expectations on quality and amenities, and less restrictions on budget.
Atlapa, Panama’s long time convention center and home to cultural and business events from Opera and book fairs to car shows and international trade fairs is up or grabs – but no takers. Continue Reading…
Despite high interest rates and the high cost of building materials, great opportunities lie ahead for Panama’s construction industry.
Lower electricity prices could be on the horizon for Panama if a project to connect the electrical grids from Guatemala goes ahead. Continue Reading…
The Panama Metro works are 90% complete and the subway is likely to be “almost ready” in mid-October this year, when the country hosts IberoAmericano XXIII. Continue Reading…
Registration of trademarks in panama has increased due to international trade.
Eight new hotels are expected to open in panama during this year.
Panama has invested 14billion dollars in Public infrastructure and the Panama Canal.
Foreign Investments in Panama for the first semester of 2012 are calculated to be 1.4 billion.
Several airlines are looking to establish their operations in Panama.