Panama grey listing a threat to financial sector
PANAMA’S INCLUSION on a grey list by the Financial Action Group is “a threat to the financial sector” says Minister...
BUSINESS
Suspect $30 million bond issue shakes financial system
A $30 MILLION bond issue by a company that allegedly manipulated information about its finances has shaken Panama’s financial system....
Panama creditors hung out to dry in bankruptcy case
PANAMA creditors of bankrupt R.G. Hotels, which has debts estimated around $65 million, will not be able to register or...
Panama company moving to become top regional insurer
A DEAL that will make a Panama company the first insurer from Panama with a presence throughout Central America has...
Year end GDP projected at 6.3%
PANAMA’S GDP (Gross Domestic Product) is on track end the year with an increase of 6.3 percent says the Ministry...
Record fines for scandal plagued brokerage bosses
AFTER TWO YEARS of investigations Panama’s Stock Exchange Superintendency (SMV) has begun to address several of the issues uncovered at...
