Panama’s Ex-President Fighting Spying Charges From Abroad


News from Panama

Juan Zamorano at Associated Press reports on how Panama’s former President Ricardo Martinelli insisted on Tuesday that he’s being targeted politically and will stay outside the country while fighting charges that he illegally spied on opponents. The Supreme Court on Monday ordered his detention for allegedly intercepting the communications of at least 150 people during […]

December 30, 2015

Hyosung to export energy solution to India, Panama


News from Panama

Hyosung Group has signed contracts in India and Panama to export its energy solution called STATCOM. The static synchronous compensator (STATCOM) is a cutting-edge energy solution with improved voltage stability and space saving. The company will supply 100 Mvar STATCOM to India and 240 Mbar to Panama, in deals worth a total $30 million. Hyosung […]

December 30, 2015

Panama Diaries: A Unique Experience


News from Panama

Melissa Bauer-Herzog writes in Blog-Lifestyle about her visit to Panama. After an exciting few mornings at the track as horses prepared for the Serie Hipica Del Caribe races at Hipódromo Presidente Remón it was time for the big weekend of racing. I arrived at the track at noon on Saturday, two hours before first post […]

December 30, 2015

Edward aiming to put Panama back on the Olympic podium


News from Panama

Despite running his third fastest time ever and winning his second consecutive Diamond Race, 200m specialist Alonso Edward believes that 2015 was merely an “OK season”. The Panamanian is now channelling his energy, and slight frustration, into his campaign to earn the Central American country a rare Olympic medal “To me, it was only an […]

December 30, 2015

Happy New Year !!


News from Panama

The New Year is now here and yesterday I wrote down all of my resolutions that included not to take anything seriously, especially resolutions!  So yesterday was a new day and a start of the new year. Tomorrow I turn 62 and among other things, I can now apply for social security. In addition, it […]

December 30, 2015

Panama: $20 million Metropolitan Park


News from Panama

  It has been announced that that earthworks will begin in the province of Chiriqui in an area of ??30 hectares where a metropolitan park will be developed. The project is being run by the City of David and the Chamber of Commerce and Industry of Chiriqui, and will include “… recreational areas for children, […]

December 14, 2015

Panama: Risk Rating for Debt Issuers


News from Panama

The Superintendency of Securities is working on a proposal that would make mandatory to have a risk rating on each debt issuance registered in the Panamanian market. The initiative put forward by the authorities of the Panamanian stock market comes days after the collapse of the Panamanian RG Hotels Company, which in 2012 issued bonds […]

December 14, 2015