Panama City and provinces get storm warning
AS THE HEAVIEST rains of the year, accompanied by strong winds gusts hit Panama City on Sunday, afterenoon,, May31,, the...
Month: May 2015
40 Martinelli insider bank accounts frozen
A NEW BOMBSHELL has hit the “zero (inner) circle” of the Martinelli administration with the freezing of at least 40...
At least $23 million state loss in tax collection scam
THE DAMAGE to the Panama state from a contract involving, a company hired to collect delinquent taxes is estimated at...
Revenue director got $360,000 in bonuses
LUIS CUCALÓN the former head of the Revenue Directorate (DGI) picked up “bonuses” of $360,000 for collecting taxes during his...
Tightening screws for Panama Brokerage Houses
In order to prevent a repetition of scandals such as Financial Pacific, Panama’s Securities Superintendency is preparing legislation which incorporates...
Copa launching direct daily flights to San Francisco
COPA AIRLINES, will initiate yet another direct flight to a North American city in September, when it will start flying...
Shop Panama tourism program
“Shop Panama” tourism program AS MORE high end malls and, like the Soho tower on Calle 50 come on stream,...
OFF THE CUFF: Rubbing salt into Martinelli wounds
LESS THAN four months after ex-president Ricardo Martinelli fled Panama and went into self-imposed exile, the Central American Parliament (PARLACEN)...
Expat Health Insurance extended to 85 years
By Margot Thomas FINDING AFFORDABLE senior citizen health insurance can be tricky, for new arrivals in Panama, so, some four...
Bank accounts of Supreme Court Judge frozen
ACCOUNTS at the National Bank of Panama belonging to Supreme Court Justice Victor Benavides have been frozen at the request...
Catastrophic increase in Panama AIDS cases
THE RATE of new AIDS cases in Panama has doubled in the last two years and the local agency devoted...
Suspected embezzler swaps plane seat for cell
AN ECUADORIAN businessman who got a $155 million contract from the Martinelli administration for an irrigation project on land it...
