Spanish company indicted for $91 million bribes to Martinelli frontman
Spain’s National Court has indicted Fomento de Construcciones y Contratas, SA ( FCC), for the payment of $91 million in...
BUSINESS
Copa’s Boeing 737 MAX fleet stays grounded through January
The six Boeing 737 MAX fleet t of Copa Airlines, which stand in front of Terminal 2 at Tocumen...
Copa’s Boeing MAX 737 fleet will fly again when “completely safe”
The Boeing 737 MAX aircraft, “will fly again when it is completely safe to fly them” was the message from...
Tocumen International plans $500 million expansion
State owned Tocumen, SA will invest $ 500 million over the next five years to continue its expansion plan, which...
Business leaders voice concern on Assembly constitution debate
The National Assembly received a consensus document from the Constitution National Development Council." for discussion, not to dismember it and...
China car giant eyes Panama assembly
One of China’s largest car manufacturers, GAC Motor, is considering installing an assembly plant in Panama if the free trade...
Casino gambling bets continue downward trend
.Data from the Board of Control of Games (JCJ) indicate that between January and August, $4.225 billion were wagered,...
Alternate energy sources make big gains
Alternative sources to generate electricity have made substantial gains this year within the national electricity system. A report from the...
Panama needs more qualified foreigners
Panama has a has deficit in skilled labor and the companies that operate under the regime of multinational headquarters, of...
Work restarts on botched 2010 highway
The Ministry of Public Works (MOP) has restarted work on the Arraiján - La Chorrera highway, after applying a compliance...
Panama Canal revenues up 3.9%
Revenues of the Panama Canal closed at $ 3.365.9 billion during fiscal year 2019, an increase of 3.9% reports the...
Low level of lakes threaten Canal revenue, drinking water
In spite of recent heavy rainfall, the Gatún and Alajuela lakes, which provide drinking water to Panama City l and...
