I was reading in Spaceflight Now that the shuttle tank is at the locks and awaiting crossing. The tugboat and barge transporting the last space shuttle external tank to its display venue in California have reached the inlet to the Panama Canal, now just days away from sailing into the Pacific. It is the fifth […]
Public Private Investment Opportunity Announcement The Municipality of La Chorrera will be hearing offers from private companies interested in operating a meat processing plant in the municipality through a joint venture. In order to prevent the closure of the plant, municipal authorities are assessing creating a joint venture with a private company interested in operating […]
In an area measuring 200 hectares the airport administration will develop a free zone for logistics companies, investing $30 million in the first stage. The airport administrators said that “… the plans focus on adapting the 200 hectares that are part of the land area of the cargo terminal, transforming them mainly so that they […]
Russian law enforcement raided the offices of a billionaire tycoon whose newspaper published the “Panama Papers,” a series of leaked financial documents detailing the offshore assets and illegal activities of international leaders and members of President Vladimir Putin’s inner circle. Russia has a history of hitting back at tycoons who challenge the Kremlin. In Thursday’s […]
In a reversal, Panama has agreed to join global tax reporting standards. The move comes shortly after European powers threatened a crackdown on tax havens. Panama has agreed to comply with international tax reporting standards, Organization for Economic Cooperation and Development (OECD) Secretary-General Angel Gurria said Thursday. The move comes in the wake of the […]
It is about time!! The mayoral office has finally awarded the Brazilian company a $89 million contract to improve the Via España. In the midst of a controversial process because of appeals by two of the participants, the tender to carry out urban intervention works on the Via España has been finalised with the award […]
Amid the Panama Papers crisis, the Panamanian and Colombian governments have resumed talks to reach an agreement on the exchange of tax information. From a statement issued by the Ministry of Foreign Affairs in Panama: The Republic of Panama resumed (on Wednesday 13 April) in Bogota, negotiations with the Republic of Colombia for Cooperation between […]
The Public Services Authority has announced a public consultation to regulate the relationship between the ‘large clients’ and third parties related to electricity services. From a statement issued by the National Authority for Public Services in Panama: The National Authority for Public Services (ASEP) announced that on Tuesday April 12 that they will start Public […]
I remember when the scandal broke at UBS and the guy that “told all” in trade for 2 years in jail time and a $104 Million by the IRS. He reports that the whistle blower must have been the CIA. No US politician is connected with any offshore accounts? HMMMM. “There’s something seriously sinister here.” […]
The plan is to implement longer terms in contracts and release energy and power demand from large customers. The Energy Plan 2015-2020 presented by the National Secretariat of Energy in Panama is broken down into two main parts: first, the Short-Term Operational Plan 2015-2019, where proposals for the period are detailed, and second, the National […]