Monday, September 29, 2008
Good Works in Panama
Dong began fulfilling a 20-hour community service requirement for high school graduation, and became passionate for Panama and its social development. Dong has made six trips to Panama within the last two years and has made incredible donations to the country of Panama.
Dong, assisted by a former US Embassy coordinator and both of her investment banking parents, has raised more than $35 thousand dollars in private donations to provide supplies for Casa Esperanza, a large children’s organization in Panama City, has helped to improve the infrastructure of the San Jose de Malambo – one of the largest orphanages in Panama, and has even purchased a home in the mountains outside Ciudad Del Nino, Panama for a family of seven that did not have a home prior to her help.
Dong’s work so inspired her, that she is now planning to focus on international affairs in college. She plans to return to Panama throughout her studies….click here to read the entire article.
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Thursday, September 4, 2008
Expansion in Panama Can Continue
We’re all breathing a sigh of relief here in Panama. Yesterday ended a strike at both ends of the Panama Canal – due to workers walking out on strike. Thankfully, for all parties involved, it did not disrupt shipping on our vital waterway.
Crane operators and harbor towage workers in Balboa and Cristobal walked out in the morning, but have now resolved a dispute with the government concerning wages.
Because the dispute was settled amicably, our economy and the expansion work will not be hindered. The Panama Canal is responsible for roughly 5% of global shipping, and is about 1/5 of Panama’s total economy.
The Cristobal port, on the Atlantic side, handles mostly container ships. The Balboa port, on the Pacific side, is one of the largest ports in Latin America.
Our economy in Panama is booming, and so is the housing market. Are you thinking of relocating or retiring in Panama? Visit our blog and our website for all of the latest information on Panama, our development, and land specials! Go to www.panama-land-for-sale.com for more information.