Panama Real Estate Blog

The Constuctora Urupan company has won a law suit against the National Bank of Panama, for the unfair canceling of contracts. The Bank has been ordered to pay the construction company a total of $5,3 million, which is over 7,5 times more than the original value of the contracts, which were originally for the construction [...]

The World Bank has approved another $300 million for the Canal Expansion project, which will be supplied via the International Finance Corporation. The loan is scheduled to be applied over the next 20 years. The Andean Development Corporation has approved another $300 million loan. Liked this post? Subscribe to my RSS feed and get loads [...]

Panama’s banking sector and strength has been acknowledged by the International Monetary Fund, who has a mission currently visiting Panama. Gustavo Villa, of the IMF delegation, made specific reference to the solid results as well as the positive balance of the overall financial strength within the financial system. Figures quoted by the IMF group, included [...]

Justified or not, Presidential candidate Barack Obama has a lot of wealthy individuals and companies bothered. Obama’s goal is to efficiently pursue and enforce his plan of increasing taxes on rich corporations and the wealthy elite. He believes this will help the United States economy in the long haul. A lot of economic experts agree [...]

Panama is doing well amidst the economic crisis that the rest of world is facing.  A lot of people have discovered Panama as a good investment and is showing positive results for their economy.  Though some people are hesitant about the market and predicting crisis and failure, statistics have proven otherwise.  Panama is stronger than [...]