Hidden costs of beach pipe dream
The initiative to condition an artificial beach in the coastal strip advances. The Municipality of Panama is about to award...
BUSINESS
Fire insurance premium swell as claims fall
As of August of this year, some 319,605 residential units were insured with a fire policy, But although there was...
Ex-president got $6.5 million bribe for contracts – indictment
A bribe of at least $6. 5 million was paid to former president Ricardo Martinelli by the Spanish construction company...
Incoming Metro boss will collaborate in $91 million bribery probe
The newly named director-general and president of the board of directors of Metro de Panamá, SA, Héctor Ortega says that...
Bank of America’s predicts lower Panama growth
The bank Bank of America Merrill Lynch estimates that Panama’s economic growth over the next year will be 3%, a...
Canal expands water saving measures as dry reason looms
The effects of climate change gave The Panama Canal basin its third-lowest October rainfall in 70 years and the authorities...
Tocumen moving sidewalks operating after three year break
After a three-year hiatus, four passenger moving sidewalks on the north wharf of Tocumen International Airport should be operating at...
Multibank Panama sold to BAC parent company.
Grupo Aval, the owner in Panama of BAC, has reached an agreement to acquire Multibank Financial Group , the holding...
“Don’t mess with me” on constitution – President
President Laurentino Cortizo said on Thursday, October 31 that he will present a report on the progress of the draft...
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...
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...
