In Panama the EIB and Naturgy Sign a $300 Million Loan to Modernize Electricity Grids
The European Investment Bank (EIB), through EIB Global, and Naturgy Energy Group, through its distribution companies EDEMET and EDECHI, signed a $300...
BUSINESS
A Panama Airport Official Involved in a Drug Trafficking Network is Arrested
Panama: The number of individuals linked to a dismantled drug trafficking network that used Panama as a bridge for sending drugs to the United States and Europe...
Panama President Mulino Approves Law 496 to Allow Victim Forgiveness in Certain Crimes
The President of the Republic, José Raúl Mulino , sanctioned Law 496, a new regulation that introduces an article 115-A to the Penal...
Panamanian Former Ifarhu Director Sent to Mega; Family Says It Was Done “Quietly”
Bernardo Meneses, former director of Ifarhu, was taken from Tinajitas this Thursday and sent to La Nueva Joya prison without notifying his family or...
Panama’s ‘Larry the Dog’ Sniffs Out a Large Shipment of Drugs Seized from a Foreigner
A foreigner was captured with a huge shipment at the Guabalá checkpoint, Tolé district, Chiriquí province, when he tried to...
Why Panama’s Savviest Investors Are Moving Beyond Bank Term Deposits 4% into Local Bonds 6.75% – 9%
With yields up to 9% and short 2–3 year maturities, local corporate bonds are quickly becoming the smart alternative for...
Political Tensions: Panama Denies US Military Exercises Target Venezuela
Panama’s president Mulino says that ongoing US military exercises within the country carry no hostile intent toward Venezuela. The declaration...
The National Police are Informing all Panama Residents Especially in the Ancón Community about a Recent Telephone Scam
This scam is perpetrated by inmates from prisons across the country, such as La Joya, La Joyita, and El Renacer....
Oceanic Tug: The Ship Seized with $200 Million in Drugs Sailed to Colombia and was Later Intercepted in the Panama Pacific
Oceanic Tug, the vessel seized with 13.5 tons of cocaine valued at $200 million, intended to engage in the bunkering business, but...
U.S. and Panama Policy Regarding Venezuela is Shaped by the Fall of a Panama Dictator
It is a story Venezuelan leader Nicolás Maduro surely knows well. A Latin American strongman was in hiding, surrounded by...
Moody’s Rating: Panama’s President Mulino Highlights Economic Stability
President José Raúl Mulino held a press conference this Thursday in which he addressed several issues of national importance. From Panama's risk rating to advancements...
Chinese Cargo Ships Receive Suspended Port Fees for One Year from the U.S.
This Monday, the one-year suspension of US port fees for Chinese-made ships came into effect, following the agreement reached earlier this...
