By SHANNON MELNYK / Special Contributor to The Dallas Morning News PANAMA CITY, Panama – It's a new day in Central America. The $5.5 billion expansion of the hydraulic eighth wonder of the world, the Panama Canal, is expected to have a major impact on global trade in what has steadily become a bustling business hub of the Americas. Widening and deepening the passage will make room for a new generation of monster ships carrying anything from humans to a million barrels of oil, shaving weeks off of current transport times and reshaping trade patterns throughout the world. It also is expected to offer travelers new horizons to explore. Fittingly, "Panama" – loosely translated from an indigenous dialect – means abundance. With the entrepreneurial enthusiasm of the former Walmart employee and new Panamanian President Ricardo Martinelli, the new government plans to live up to the nation's name by profiting from world business with the birth of the bigger, better canal. In what may be a metaphorical baby shower, it's also injecting undisclosed millions into welcoming the world. With sights set on giving neighboring Costa Rica a run for its tourism dollars, Panama is gearing up to becoming both a cosmopolitan and resort destination, luring tourists with its spectacular Old World history, hurricane-free tropical beaches, luxury shopping and jungle adventures. (more) Click Here To Read The Full Article (518 words)









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By John Bingham for the Telegraph - A so-called “Darwin effect” has sparked increased interest in the Central American country as a “hideaway” destination, according to industry experts. Revelations about how John Darwin, of Seaton Carew, Teesside, faked his own death in a canoe accident to start a new life in Panama, aided and abetted by his wife Anne, is helping fuel new fascination with the country, it is claimed. Pictures of the couple enjoying the sunshine in Panama City or exploring the lush seafront plot they hoped to turn into an ecotourism resort inadvertently helped promote the country’s attractions to a new audience, it is thought. The scam fell apart two years ago when John Darwin walked into a police station in London claiming to have lost his memory. The couple were jailed for more than six years for a £250,000 pensions and insurance fraud last year. Such has been the interest in Panama generated by the case that the publishers of one of the main English language guides to the country ordered a second edition to be printed this year, following a spike in sales. One holiday company, Journey Latin America, even offered a tailored “Darwin” tour recently, taking in some of the attractions highlighted by the case.
Despite the global economic downturn, Panama’s tourism sector appears to have defied with a steady rise in visitor numbers this year. While other destinations have suffered, visitor numbers were up just over three per cent in the first quarter of this year. (more) 
By Mabel Cruz Rodriguez for the Panama America - Cruises ships. It is considered by the Panama Tourism Authority to be the most profitable activity in the tourism sector of Panama. Despite the overall decline in the number of tourist arriving coming to Panama, those who did arrive spent $50 million dollars more, according to the Director of the ATP, Solomon Shamah. He told the Panama America that in 2009 (through November) there was an overall 1.9% decrease in the number of tourists, and what's more the number of passengers arriving to the Tocumen International Airport decrease by 8%. Shamah explained that in spite of this decline, those who did come to Panama spent more money while they were here, which basically leveled things out. He said that through September 2009, about 900,000 tourists visited Panama, mostly via cruise ships, the most profitable activity of the year. According to industry data, through September 2008 spending by tourists reached $1.03 billion dollars, and through September 2009 tourist spending has reached $1.04 billion. The minister said they have a budget of about $37 million dollars for future projects. Meanwhile, Jaime Campuzano, President of the National Tourism Council, said while it was a year of the global economic crisis, Panama was not as badly affected as some of the other countries in the region. He said the private sector strengthened many promotion strategies, such as offering a 25% discount applied by several airlines, hotels and rental car companies. "Obviously we always want growth, but given the circumstances the private sector believes the country emerged unscathed," he said. Campuzano perceives the sector decreased by 3 to 5%, but revenue grew by the same amount. Panama's president, Ricardo Martinelli, explained that the "malls" in the country owe mich of their sales to foreigners who take advantage of low taxes in the country, which is why he strongly denied that the ITBM sales tax will be increased. The authorities stressed that although 2008 was the landmark year for the sector (with more than $1.8 billion dollars raised), 2009 was profitable for investors.
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By Luz Ettrick for El Siglo - Foreigners make a change of route. In May 2009 110,487 tourists entered Panama, a decrease of 18% when compared to the same period of the previous year. In May 2008, 134,784 tourists entered Panama according to data presented by the office of the Comptroller General of the Republic. Jaime Campuzano, general manager of the Hotel Panama, attributed the drops to the international financial crisis and the global H1N1 influenza pandemic which also struck Panama.
