Costa PedasiPedasi Newsletter
Costa Pedasí Newsletter January 2012
Pedasi Newsletter

We at Costa Pedasi would like to wish all of our valued clients a very happy, healthy and prosperous New Year.

Costa Pedasi and the Vice President of Sales Don Dennis would like to welcome our newest family to our community, Tom and Theresa Currie and their son Robert and daughter Jacqueline.

Pedasi Newsletter

2013: Panama one of world’s fastest growing economies.

Panama in 2013 will be one of the fastest growing economies in Latin America and the world, according to projections by multiple agencies.

The gross domestic product will continue to rise after 2012 during which growth amounted to 11%. According to ECLAC, in 2013 only Paraguay will grow at a faster pace than Panama and that because the South American country will be recovering from a severe economic downturn in 2012. One of the drivers of growth is public investment. Large projects such as the construction of the Metro and the expansion of the Panama Canal will reach a peak, with completions set for 2014 and 2015.

Building permits for projects worth $1.2 billion were approved f through November, 34.7% more than the previous year and it is predicted that they will grow by about 30% in 2012. The penetration of mobile phones in Panama puts the country in second place among the 144 economies analysed. Macroeconomic stability and remarkable economic growth in recent years helped Panama to climb another step in its risk rating.

Panama is a mélange of beautiful outdoors, incredible people, often kind and helping with affordable pricing for everyone.

Panamanians the Happiest People in the World

Published from a recent Gallup Poll said that Panama is home to the “happiest” citizens in the world. They asked 1000 citizens in each of the 148 countries five questions related to their previous day: if they were well- rested, had been treated with respect, smiled or laughed a lot, learned or did something interesting, and felt feelings of enjoyment. According to the article, 85% of Panamanians surveyed answered “yes” to all five

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