The Panama Review

Panama’s 2008 Budget ends in surplus The 2008 consolidated budget of Panama ended with a surplus equaling 0,4% of the country’s Gross Domestic Product, or $97,8 million. Although the surplus was substantially lower than that of 2007, analysts confirm that it is still a very positive result with regards to the current financial situation being experienced across the globe. Panama and Peru are the top performers in Latin America, according to Kathryn Rooney an investment analyst from Bull tick Capital Markets investment bank. Furthermore, due to Panama’s diversified economy, which depends on several different and performing industries such as tourism, the canal, banks and ... Read Full Story

There is no other place as beautiful and as lively as Panama City especially in terms of all the partying and night life. Panama really ranks as one of the top destinations for its nightlife. All of this live entertainments at night happens in three separate areas of the city. The business district flourishes with nightlife and the well preserved Spanish Colonial sector of Casco Viejo which is endowed with a wealth of history. Lastly, there is the Amador Causeway that gives the people some of its most incredible and incomparable views of both the city and the ocean. Either by day or by ... Read Full Story

A community association is governed by a defined set of rules and regulations; these are commonly known in the context of a community association as Covenants, Conditions, Restrictions, By Laws, Rules and Regulations. Each and every member of the community association is governed by these and they are compelled to abide by these. In effect the association acts as a regulatory body and acts in the interest and welfare of all its members, who have joined by virtue of their capital asset being their home, within the community. The community association has enjoyed significant growth over recent times. This can be attributed to the ... Read Full Story

Management of Port Terminals Seminar in Panama An international seminar dealing with the management of port terminals was recently held in Panama, essentially dealing with issues ranging from the management of food and agricultural terminals including the current technology and economic impact thereof. Fernando Solorzano, from the Panama Maritime Authority, Carlos Gallegos, secretary of the IPF/OAS, Mariano Navas, President of the Spanish State Ports amongst others were in attendance of this strategic seminar. A number of factors affecting the industry were tabled and discussed in the seminar, with issues such as dry bulk cargoes, agricultural food terminals, concession models, as well as technical and ... Read Full Story

Coronado, located only an hours drive out of the capital city of Panama, is a well established area in terms of infrastructure, development and resorts. It was one of the first resort areas earmarked for development in Panama and therefore the established infrastructure provides the Coronado real estate purchaser or investment a great opportunity of developing within this area. Coronado real estate allows one the opportunity of selecting well situated property, already built or land lots for development, which are within easy and close access of a variety of amenities and facilities. Of which include the resort facilities and clubs, as well as the ... Read Full Story