Large Panama Companies Invoiced Only Half of their Sales to Avoid Taxes
Panama is one of the countries with the lowest tax collection percentage relative to the size of its economy. It...
BUSINESS
Nearly $1 Million in Undeclared Cash has been Seized at Airports
Two passengers from Cali, Colombia, were passing through the National Customs Authority checkpoints at Panama Pacific International Airport. They introduced...
Citizen Consultation Requested on Albrook Airport Transfer for the Panama-David Train
The National Aviation Coalition remains on alert regarding the proposal to relocate Albrook Airport to Panama Pacifico as part of the Panama-David railway project. Captain...
Three Suspected Venezuelan Drug Traffickers Killed as US Sinks Second Boat
The United States sank a second boat in the Caribbean Sea on Monday, allegedly carrying three Venezuelan drug traffickers, President Donald Trump...
In the “Badly Parked” Operation in Panama: ATTT has Issued 170 Violations
The Land Transit and Transportation Authority (ATTT) has issued 170 violations and removed 91 illegally parked vehicles at various points...
Prosecutor’s Office Arrests 6 MOP Suspects in the H Beams Case
As part of the corruption investigations at the Ministry of Public Works (MOP), Operation Vigas H 3.0 led to the...
Seed Capital for More than 600 Entrepreneurs: Cobre Panama Launches the Second Phase
Cobre Panama announced the launch of the second phase of its Cobre Emprende program, an initiative that seeks to empower small...
In Panama, Vehicle Inspection Workshops are Charged with Fraud
Officials from the Land Transit and Transportation Authority (ATTT) conducted surprise raids on several auto repair shops that handle vehicle inspections, where multiple irregularities were detected. Simón...
The Panama Copper Mine is set to be Audited by a French Company
Panama's Ministry of Environment reported this Friday that it has begun a "comprehensive audit" of the large open-pit mine, operated by First Quantum...
Court of Appeals Panama Revokes Community Service Awarded to the Owner of the “La Parce” Beauty Salons
On Thursday, September 11, the Superior Court of Appeals overturned the decision of a judge who replaced the 60-month prison...
What Moody’s Says Can’t be Ignored Regarding Possible Loss of Investment Grade in Panama
The Minister of Economy and Finance (MEF), Felipe Chapman, acknowledged that Moody's Ratings warnings that Panama is on the verge of...
Is the ‘Cartel of the Suns’ a Terrorist Organization? Panama President Mulino Warns that he will Not Hesitate to Declare Them So
Although the Cartel of the Suns does not have a significant influence in Panama, President José Raúl Mulino warned that he would...
