(Expat Daily News) I recently posted an article about the cost of living in major cities of Latin America in which I compared information from two cost of living comparison websites, Expatistan and Numbeo. For the most part, the two websites agreed with each other about costs of living. However, there were major disagreements about Panama City, Panama, and San Jose, Costa … [Read more...]
Panama predicts 5 percent inflation this year
(Panama Digest) Panama government projections initially set inflation at three percent for 2011. Now, it will be more like five percent due to the global increase in petrol prices, Minister of Commerce and Industry Roberto Henriquez revealed during an RPC radio interview Sunday morning. “The situation is hitting Panamanian pockets hard,” he said. He also explained … [Read more...]
Panama Bus and Taxi Rates Increase
(Panama Digest) Traveling by public transportation outside of Panama City will cost up to 21 percent more than it did. Panama’s Transit and Ground Transportation authorized the temporary increase on Saturday as an urgent measure to respond to increases in gas prices and to avoid a transportation strike. With the increase, it will cost passengers traveling from Panama … [Read more...]
Come to Panama Before This Beach Area Goes Up in Value
(International Living) Colors seem to get brighter as we leave the Panama City. The greens and blues look more real…or is it surreal? We’re on the last stretch of the two-hour drive to Buenaventura resort, located in the district of Rio Hato. We’ve left the skyscrapers far behind us. Now it’s all palm trees and forget-me-not blue skies, punctuated by puffs and swirls of … [Read more...]
ASEP announces installation of 72,000 street lights
(prensa.com) The electricity distribution companies in Panama will install 72,000 street lights throughout the country. This, according to an announcement made by the National Authority of Public Services (ASEP). "One of the first points that is beginning to look brighter is the Centennial Bridge-Arraiján roadway, after ENSA installed street lights on both sides of the … [Read more...]