In February of last year, Del Rey Developments launched the construction of Cuna de Vida Las Perlas, touted as “the ultimate sustainable luxury resort,” by breaking ground on its Del Rey private international airport on the largest of Panama’s Pearl Island Archipelago. What is the eco footprint of an airport? What is an eco...
Money
$100 Million Spending Spree in First Hundred Days
In its first hundred days, Panama’s new government has spent more than $100 million reports the Capital Financiero. Some of the expenditures include: - $1 million for 20 ambulances from Keydex Panama, S.A, - $55 million to Odebrecht for the extension of the Cinta Costera, - $1 million in presidential publicity services from Genesis...
Panama Real Estate and Hotel Slogans
The Panama Tourism Authority’s latest slogan “Se Queda en Ti” translates as “It Stays in You” or “It Will Never Leave You”, making it a hard act to follow but here are some of the other slogans in use by real estate developments and hotels in Panama. Post your favorite.
Beginning 2009: Taco Bell vs. The Taco Maker
U.S. Tex-Mex Giant to face off with Puerto Rico’s largest Mexican quick-service restaurant in the Panama Arena. Taco Bell had a bit of a head start with the June 24th opening of its first branch in Multiplaza. In the next months, the chain plans to open additional branches in the El Dorado, Albrook and...
For Sale: 1969 Presidential Jet
Panama’s new President, Ricardo Martinelli, said before leaving to the UN General Assembly in New York that he “will not allow any Panamanian to board that clunker of a presidential plane.” The Gulfstream II HP-1A was built in 1969, consumes 530 gallons of fuel per hour, and previous administrations have spent more than $5...
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