How Panama’s Criminal Landscape Has Changed Since the Days of Noriega

Via Insightcrime.org - Deceased Panamanian dictator Manuel Noriega was said to have turned his country into one of the most emblematic examples of a "narco-state" in Latin American history, and his dealings with Colombia's...

Gap between Rich and Poor in Panama Increases

TODAY PANAMA (Prensa Latina) The unequal distribution of wealth increased in Panama, indicates a recent report issued by the ministry of Economy and Finance (MEF) in December 2016, quoted today by the local media. The...

Panama Bureaucracy Complicates Exports

The union of exporters claims that business opportunities are being lost due to the slow pace of processing and issue of permits and certificates for export. Juan Bulnes, president of the Asociación Panameña de Exportadores...

Panama Canal Authority Fines Detained North Korea Ship Smuggling Cuban Arms

Panama's Canal Authority slapped a fine on Thursday of up to $1 million on the owners of a North Korean ship seized in July for smuggling Cuban weapons under 10,000 tons of sugar.    

Transit Board Conflict of Interest Probe

An investigation of all the members of the Board of Directors of the Transit Authority (ATTT) was initiated on Thursday, November 30, by the National Transparency Authority Against Corruption (Antai). The investigation is to discover...

Judge Denies Former President of Panama Bail, Continues In US Federal Holding

TODAY PANAMA - Arrested at his home in Miami on Monday, June 12, former President of Panama Ricardo Martinelli, currently remains in custody in the United States for charges he claims are the result...

Panamanian Banks will Face Glim Outlook in 2017

TODAY PANAMA - The Panamanian bank system will face a glim 2017, according to the most recent report by the risk assessment company Fitch Ratings (FR), entitled Perspectiva-2017 (Prospects-2017) and published in this capital. According...

In Panama Tax Evasion is NOT Money Laundering

TODAY PANAMA - Despite being a FATF recommendation, reforms to the law on prevention of money laundering being prepared by the government will not include the definition of tax evasion as a criminal offense. The...

Panama to Send Detained North Korean Crew, Ship Home: Minister

The North Korean crew and ship detained in Panama for smuggling Cuban weapons three months ago will soon be returned to the reclusive Asian nation, Panama's foreign minister said Thursday.    

Muscular West Coast Worker Is on Way to Build New Tappan Zee

The Left Coast Lifter, a floating crane that can hoist 1,900 tons at a time, passed through the Panama Canal this month. Its use will save time and money in replacing the Tappan Zee...

Panama: Audit of Flag Certifications for Ships

TODAY PANAMA - From January 2015 companies that inspect and certify foreign ships under the Panamanian flag must be audited by the Maritime Authority so that the quality of services provided can be assessed.From...

Panama Increases Gasoline Prices To Subsidize Pensions

TODAY PANAMA - The government has announcement a 5-cent increase per litre of gasoline to financially support increased subsidies proposed for 200,000 pensioners, aroused confronted reactions. Many of those benefiting from the proposal, thanked President...

Panama Sets up Trade Union Committee of Solidarity with Cuba

PANAMA NEWS (Prensa Latina) The National Confederation of Workers of Panama (CNTP) has established a Trade Union Committee of Solidarity with Cuba, a charter union from the movement existing in the country, says its...

Presidente Obama is finally about to have his Latin America moment

PANAMA CITY —The stage is finally set for Barack Obama to have his Latin America moment: that triumphant, looking-sharp-in-a-new-guayabera wrist wave to a roomful of hemispheric leaders who cheer him on Cuba and graciously...

First Heart Transplant in Panama Stable

(Prensa Latina) Specialists today highlighted the successful heart transplant performed at a Panamanian woman of 51 years old, the first in this country, and whose evolution is stable so far. Medical and paramedical staff of...

Panama Deported 170 Foreigners In First Two Months Of The Year

TODAY PANAMA - Panama's immigration service reports having deported or expelled in the first two months of the year, a total of 170 foreigners, mostly Colombians, for being in the country undocumented. Of the the...

Panama Starts to Lose its Way Financially

PANAMA NEWS -- The National Assembly has approved raising the maximum limit for government borrowing to 4.1% of GDP, above the 3.9% originally requested by the Executive. The Assembly amended the project which initially envisaged...

LATEST

The Simpsons Invade Panama!

The Simpsons' first stop in their #TravesíaSimpson in Central America was Panama, as Homer, Marge, Bart, Lisa, and Maggie take a vacation. And what's a...

Canal Future Could Rest On Going Green

The future of the Panama Canal in the face of accelerating climate change may depend on innovative green initiatives including floating solar panels. A solar...

Panama moves closer to rail link with Costa Rica

Panama moved a step closer to building a rail link to the Costa Rican border on Thursday, December 7 with the signing of an...

Panama On The EU Black List

After two years of negotiations the European Union has reached a consensus and defined a list of 17 nations considered to be "tax havens",...

Transit Board Conflict of Interest Probe

An investigation of all the members of the Board of Directors of the Transit Authority (ATTT) was initiated on Thursday, November 30, by the...

Drug Trafficking Groups Unleash Violence in Panama

(Prensa Latina) The recent bloodsheds in different sites of the country have been causing fear among the population today and concern in the Panamanian...

The Franchising Business in Panama

The sectors of gastronomy, services and clothing is where most of the more than 200 franchise chains, including both Panamanian and international, that operate...

Panamanian Coffee At $85 a Cup In Singapore

Starting in November, two cafés in Singapore will charge $85 for a cup of geisha coffee from Panama’s Hacienda La Esmeralda, according to the...

Panama Canal reshapes LPG trade

Shipments are growing of liquefied petroleum gas, or LPG, from the United States to markets on the west coast of South America, as well...

Uber Disconnects 90% of Its Drivers In Panama

Uber in Panama announced that from 4:00 pm Friday, November 24, it began a test of what would be the service in line with...