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Tag Archives | estate planning

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Looking for an Adventure? Try Diving the Titanic

How cool would this be!! It was over 100 ago when the RMS Titanic sank after colliding with an iceberg four days into her maiden voyage from Southampton, England to New York City. Now, for the right price, adventurous tourists may have the opportunity to see the shipwreck first hand aboard a manned submersible. The […]

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Share Panama claims ‘solid case’ against Mossack Fonseca

Rómulo Bethancourt, one of Panama’s organized crime prosecutors, gives a press conference. Image: Ministerio Publico de Panama Mossack Fonseca, the law firm at the heart of the Panama Papers affair, sold shell companies and held bank accounts that were used to help conceal bribes paid across South America, a Panamanian prosecutor alleged at a press […]

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Panama’s Barro Blanco dam to begin operation, indigenous pleas refused

Camilo Mejia Giraldo reports in MongaBay that Panama will give its Barro Blanco dam an operational green light within weeks, defying decisions by indigenous authorities to block the project’s completion. For nearly a decade, Panama’s Barro Blanco dam has met with strong opposition from indigenous Ngäbe communities. It has also generated violent suppression from government forces, […]

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Country creates anti-narco force as drug seizures rise

Panama’s president on Friday presented a new elite counter narcotics police unit to combat smuggling of increased cocaine production in neighboring Colombia. The Eagle force, as it is called, consists of 300 officers with access to intelligence. They are tasked with cracking down on drug-related criminal activity in Panama City and the major Atlantic coast […]

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Shell Gets Access to Key Oil Hub in Panama -Sources

 Elida Moreno and Marianna Parraga report for Reuters of this new investment by Shell. Royal Dutch Shell agreed to lease capacity at a large oil terminal in Panama that has been used by U.S. refiner Tesoro Corp , sources involved in the deal told Reuters, gaining much-needed storage for its crude operations. The facility, designed […]

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Panama Develops Long-Term Plan to Diversify its Financial Platform

Ministry of Economy and Finance will expand the financial services offered by Panama with 11 new products, including new FinTech initiatives and a proposal for the establishment of a “Bank of Banks” As part of the Panamanian Government’s commitment to uphold international transparency standards and strengthen its service-sector offerings, the Ministry of Economy and Finance […]

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US east coast ports feel benefit of expanded Panama Canal

With the expanded Panama Canal nearing its first full year of operation, some ports are already benefiting as a result, particularly those along the US east coast, according to a Panama Canal Authority (ACP) report. According to Shipping Gazette, January 2017 was also a record month for many US east coast ports, including the ports […]

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Panama accepts BWMP applications online

Panama’s Maritime Authority has started accepting applications for its approval of ships’ Ballast Water Management Plans (BWMPs). Since 15 March, shipowners have been able to upload their BWMPs to the authority’s website for approval. A certificate will be provided electronically that should be placed on board the ship. Full details are included in the authority’s […]

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With help from Tulane, Panama aims to become a completely bilingual country

Tulane University and the Panamanian Ministry of Education have collaborated to form one of the largest language policy initiatives ever attempted. The Panama Bilingüe program, a creation of the government of Panama, is designed with a goal of making the entire country bilingual in Spanish and English within a single generation. “They are sending all […]

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