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VOL. 12 #10 -- May/Mayo 5 - 18, 2006
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Continental Airlines launches second flight to Houston

The new flight will be offered four times a week.

Continental Airlines has recently announced its second, daily flight between Panama City’s Tocumen Airport and Houston’s George Bush International Airport starting on June 8. The new flight will be offered through September four times a week (Monday, Thursday, Saturday and Sunday).

Boeing 737-700 aircraft will be used to cover the four-hour long flights, in the following schedule:

Departure
Arrival
Houston - 9:00 a.m.
Panamá - 1:04 p.m.
Panamá - 1:45 p.m.
Houston - 5:50 p.m.

For reservations in Panama City, call: (507) 265-0040.

 
 
 

New center for Expatriates launched in El Cangrejo

Headquarters of the Expats Center, in El Cangrejo.

A meeting place, information center and help desk for expatriates in Panama has opened in el Cangrejo. "We are an information resource for English speaking people who are new to Panama", said Gonzalo de la Guardia, a graduate of the University of Texas (US) and the London School of Economics (UK), and the Expat Center´s Director. "We are here to answer questions, and provide any information the new resident or visitor might need", he said. "We even make local phone calls in Spanish for visitors who need to set up services", he added.

The center is open daily from eight am to five pm. It is located on Calle "D" in El Cangrejo. This is the side street by Manolo´s Restaurant on Via Venetto, across from the Hotel Veneto. The Expat Center is 200 steps from Manolo´s, directly across the street from Kathy´s Lavanderia.

The Expat Center will be hosting special events during the day and in the evening. Events include Spanish Lessons, Wine tasting, a seminar on investing in Real Estate in Panama, Asset Protection, and Health Care Issues for Retirees. No sales pitches are made. The bi-lingual staff is ready to help anyone who needs a referral to a dentist, a physician, a bank, or other services.

The Expat Center has organized tours to the Emberá Indian villages in the Chagrés River. Director Gonzalo de la Guardia is an honorary member of one the tribes and likes to lead expatriates on tours, in English of the villages. He is available to answer questions about and organize visits to the Embera Indians.


Mr. Gonzalo de la Guardia, director of the Expats Center.
 
 
 

Panamanian realtors in Madrid

The picture shows the complete group of Panamanian realtors at the recent "Feria Inmobiliaria de Madrid" fair.

Sixty Panamanian realtors and developers took part in "Feria Inmobiliaria de Madrid", Europe’s largest real estate trade fair. Held April 4-8 at Madrid’s "Salón Inmobiliario", the event gathered over 700 exhibitors from 50 countries as well as 140,000 visitors.

The Panamanian delegation presented the Isthmus as a "single namebrand" to Europe’s demanding real estate market.

In recent years, Panama has become one of the most attractive real estate markets in Latin America for "first-world" retirees and second-home buyers, thanks to the country’s excellent tax laws, low inflation rates, state-of-the-art medical services, a stable democracy, a growing economy and modern communications infrastructure.


Part of the group of the stand "Panamá... La Nueva Frontera... el Nuevo Destino" (Panama... The New Frontier... The New Destination). From left to right, D. Kahif, Julio Fábrega, Sarita Harari, Humberto López Tirone (Panamanian Ambassador in Spain) ; Eloy Bohua F., Srta. Fernández, Félix Carles.
 
 
 

New marketing strategies for Mi Pueblito

Mr. Ruben Blades, seen here accompained by three Panamanian women representing the country's main ethnic groups.

Ruben Blades, Panama's Minister of Tourism, recently visited Mi Pueblito tourist center in order to assess its potential and seek new interest in this cultural theme park, located at the foot of Ancon Hill in the outskirts of Panama City.

Minister Blades has planned a meeting with the management of Mi Pueblito, tour operators and other industry-related organizations in order to launch a new marketing campaign for the park.

Opened ten years ago, Mi Pueblito encompasses the replicas of three early 20th century Panamanian towns, each of which represents one of the country's main ethnic groups: Hispanic, Afro-Caribbean and Native American.

Mi Pueblito opens daily from 9:00 a.m. to 5:00 p.m. And it is the site of colorful performances each weekend. Admittance is $1.00

 
 
 

Trump to build luxury residencial complex in Panamá

U.S. magnate Donald Trump has his eyes on Panama. The Trump Organization and the K Group, one of the main resort developers in Panama, have recently signed an agreement to build the "Trump Ocean Club International Hotel & Tower" in the new and exclusive Punta Pacifica district in Panama City.

The announcement was made by Trump and Roger Khafif, President of the K Group. The new consortium is expected to build a complex of 1.8 million square feet, featuring a 65-story tower which will include 300 hotel units and 500 private quarters, and an international casino. The consortium also plans to build a beach club on Contadora Island, in Las Perlas Archipelago.

The Trump Ocean Club will also feature a nautical club and marina, a first-class spa and wellness center, and a business and conference center.

Trump stated that his Ocean Club will establish a luxury standard never seen in Latin America.

The project is expected to be finished by 2009.

 
 



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