Chinese Line 3 bidder in corruption upset
A Chinese company in the running for the construction of Line 3 of the Panama Metro, been accused of corruption...
BUSINESS
Second nominee for Canal board opts out
Panama’s ambassador to of Panama in the United States, Emanuel González-Revilla, became the second of the nominees to the...
Panama economy up 3.41% in first quarter
The Panamanian economy grew 3.41% in the first quarter of the year when compared to the same period of...
Tourism tax incentives extended
TAX INCENTIVES created with the aim of expanding the supply of infrastructure and tourist products in Panama have been...
Chancellor withdraws from canal designation
Panama Vice President and Chancellor Isabel De Saint Malo de Alvarado has withdrawn her name from the proposal to occupy...
Panama Savings Fund heading for record
The returns accumulated by The Panama Savings Fund (FAP) returns will be capitalized, at the end of the year and...
Panama exports plummet in first quarter
Panama exports fell 7.6 percent in the first quarter of the year reports the Comptroller General. The sale of products...
Panama can’t face 5 years without reform
Panamanian democracy cannot face another five years without adjustments, and today is a golden opportunity for change says the...
Third Canal locks produce 50% of toll income
Income from the third set of locks is living up to predictions and is already generating almost half of the...
‘Pay for no work’ embezzlement probe
A criminal investigation into alleged botellas (salaries paid for nonexistent jobs) at the Panamanian Autonomous Cooperative Institute (Ipacoop), which governs...
City of Health on life support
Panama’s City of Health continues on life support after yet another failed attempt to revive its flagging recovery program. The...
Panama bank fined for laundering prevention failures
Panama’s Credicorp Bank has been hit with two sanctions totaling $787 500 for violations of prevention of money laundering and...
