Archive for November, 2008

The Mangroves of Bocas del Toro

Saturday, November 29, 2008 10:07 No Comments

The mangrove is a species of tree that is vital to both an abundance of land and marine life. The mangroves are predominantly the Red Mangrove, or as known in botanical terms the rizophora mangle. The mangroves of Bocas del Toro grow on the shores of the mainland of Panama as well as the numerous [...]

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Panama Pacifico – Infrastructure par excellence

Friday, November 28, 2008 16:13 No Comments

As one knows, or should know at least, the infrastructure of a development, also known as reticulation, is of vital importance to the success and development of any project, albeit large or small. The Panama Pacifico project is no exception and here follows the some notes on their attempts in creating a truly international and [...]

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Megaports of Farfan on hold indefinitely

Friday, November 28, 2008 15:02 No Comments

The project due to be built in Farfan will not commence as planned. This is largely due to the current global financial slow down, and is dependent upon the new government of Panama as well as a revival of the global economy. General consensus seems to agree on the holding back of the project amidst [...]

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Development endangers flowers and coral

Thursday, November 27, 2008 16:59 No Comments

Recent reports and investigation into the wild flowers of the Azuero region have revealed that they are in fact in danger of being wiped out completely. The cause of this is being attributed to the usage of chemicals in crop growing areas, as well as the continued burning and logging of the rural plains. Locals [...]

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Panama not likely to get Investment Grade in 2009 by S&P

Thursday, November 27, 2008 16:55 No Comments

It has emerged that Panama probably won’t get the Investment Grade from S&P in 2009, due to various contributing factors. The country has significantly increased in recent years to obtain the BB+ rating. Panama is accompanied by Colombia and El Salvador; they are still behind the top four in Latin America. Chile has the highest [...]

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Local Guides Call for Regulation in El Valle

Thursday, November 27, 2008 16:49 No Comments

The resident guides in El Valle de Anton, in the Cocle Province are calling on the Panamanian Tourism Institute (IPAT) to regulate the tourist guides in this area. The local guides, claiming that they have superior regional knowledge, have to compete with guides that are not from the area and do not add value to [...]

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Petaquilla Project to Continue

Thursday, November 27, 2008 16:45 No Comments

The Copper project in Petaquilla is set to continue, according to Inmet Mining Corporation, in a press release last week. The permitting phase is underway and the full construction will be based on a metal price decision at the time of proceeding. The CEO of Inmet, Jochen Tilk, has spoken of the inherent value to [...]

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The History of Bocas Del Toro

Thursday, November 27, 2008 10:30 No Comments

If one had to sum it up in two words, those would be Rich and Diverse. The history of Bocas Del Toro spans back many thousands of years, with archaeological finds displaying the ancestors of the regional indigenous peoples. Bocas Del Toro borders Costa Rica, and is in the north west of Panama, with full [...]

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Panama Welcomes UK Tourists

Thursday, November 27, 2008 10:20 No Comments

Panama’s tourism industry has been claimed as the number one industry in the country, with an increase by 24%. In turn the tourism authorities and developers have worked hard and continue to do so in developing this very lucrative market. There are over 104 new hotel developments, in progress, in Panama City alone. The tourism [...]

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Places to Invest in Panama

Thursday, November 27, 2008 9:51 No Comments

Panama has experienced the fastest growing GDP in the Latin American region. People are looking towards other investment areas, like Bocas del Toro properties, as the condominium market in Panama City seems to be overheated and quite well saturated at this point. Bocas del Toro properties represent good value for money and affordability, coupled with [...]

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