Soon the Panama Canal Authority (ACP) will officially open its new gates
Some of the biggest hotel companies in the world have opened new facilities in Panama City in recent weeks.
Favorable exchange rates, affordable home prices and rising affluence abroad drive international buyers to the U.S.
Many Americans who live abroad choose to keep their US properties for rental purposes.
Panama City is enjoying an office building boom being driven by several economic factors.
After a two-week stoppage, limited work has resumed on the Panama Canal expansion project.
The $5.3 billion Panama Canal expansion is slated for completion in 2015, doubling the canal's capacity.
Grand Tower, the latest major project to be delivered in Punta Pacifica, has finally been issued its occupancy permit. The developer of the 55-story tower has started to notify owners to prepare for closings, which are expected to begin in December.
Driving over the Panama Canal on the Bridge of Americas, it's easy to find Panama Pacifico, the six-year-old master-planned development on the west side of the canal. The 3,450-acre project is one of the largest and most ambitious developments in the region.
The increasing cost of healthcare in first-world countries has made medical tourism a thriving industry. Instead of traveling for sea views or mountain hiking, tourists are traveling for medical treatment.
The Ritz-Carlton Hotel Company plans to expand its Reserve hotel collection with a resort on Pearl Island, located 45 miles south of Panama City. The Ritz-Carlton is part of the second phase of a luxury real estate and leisure island development on the 3,500-acre Pearl Island.
Traffic within Panama City's urban core, west of Via Brazil and north of Balboa Avenue, has been absolute chaos for the last two years. Residents have had to deal with gaping holes where massive cranes and underground crews have been working.