First two charged in $9 million non-delivered sports equipment probe
Charges were laid by a judge of guarantees and a precautionary measure to report on the 30th of each month...
BUSINESS
Great grandson of Spanish dictator Franco linked to suspended bank
A great-grandson of the Spanish dictator Francisco Franco, Luis Alfonso de Borbón Martínez Bordiú, is one of the directors of...
Panama banking watchdog seizes bank with shady links
Panama’s Bank Superintendent (SBP) ordered the takeover of AllBank, Corp as of 3 pm on Monday, September 9, four days...
OPINION: Flaws in Public-Private partnership bill
This week begins the final stretch of the approval process of the Public-Private Partnerships (PPP) bill. A balanced and modern...
Panama real estate downturn includes commercial properties
Panama’s real estate boom which included commercial stores and warehouses is over and the oversupply of houses and apartments is...
Varela’s high speed dream train to Chiriqui nixed
The high speed train linking Panama to Chiriquí, the dream project of former president Juan Carlos Varela during his honeymoon...
Air Panama flight forced to make emergency landing
An Air Panama Fokker 50 that suffered mechanical damage en route to David on Thursday, September 5, was forced to...
Odebrecht lied about scale of Panama kickbacks
The string of bad news for construction company Norberto Odebrecht continues at an accelerated pace. The Inter-American Development Bank (IDB)...
Odebrecht on Development Bank blacklist for five years
The Inter-American Development Bank (IDB) has put the construction company Norberto Odebrecht (CNO) on its blacklist over bribery cases and...
Business group denounces tourist visa tax move
Panama’s Chamber of Commerce, (Cciap), has come out strongly in opposition to a draft law on “incentives to airlines...
Bill to regulate real estate companies as consumer complaints mount
Complaints about real estate companies continue to head the list of complainants in the offices of Panama’s consumer watchdog. Acadeco...
Brexit tidal wave could reach Panama
What happens with the UK Brexit negotiations will have an effect not only on the British and European economies, but...
