The words came crashing into my ears! Here I was sitting in a restaurant in Panama City with my friend Kent Davis from Panama Equity who I have collaborated on several real estate deals. I was telling him about the 40 minute ride to the restaurant from the US Embassy that would normally take 15 […]
It has been a busy selling season coupled with building 5 homes and getting our son off to college. We were in the mood for a little Island time away from everything. What better place to do this than Isla Palenque where Susie and I have enjoyed many stays with our good friend Ben Loomis […]
My friend for over 30 years in Miami runs one of the leading International Tax Law Offices in the world. For Immediate Release Cantor & Webb to Work with Markit CTI Tax Solutions Expanding ability to address FATCA, CRS, Tax Withholding and Compliance Issues Miami, FL – October 13, 2015 – Cantor & Webb will […]
FuFuFuF… What did he just say? Adding to the number of institutions who have recently fired Senior Trump, the condo association at Trump Tower in Panama canned the man!! I wonder if the condo prices will rise Jeff Horowitz at AP reports in ABC News that the directors of the Trump Ocean Club met July […]
Ricardo Martinelli, facing eleven different criminal charges in his native Panama, including human rights violations, insider trading, and massive corruption allegations, has been ordered by the government of Paraguay to leave the country immediately. The former president of Panama has been living in an estate in Paraguay that he covertly purchased while in office, since […]
A Panamanian Supreme Court justice investigating wiretapping allegations against former President Ricardo Martinelli has found sufficient evidence to link the ex-head of state to the purported eavesdropping on some 150 people during his administration, judiciary officials said. Justice Harry Diaz presented a writ to the high court detailing his findings against Martinelli, who left Panama […]
The Panama Canal is considering legal action after recently discovered cracks in the concrete of one of the interior chambers threatened to delay the opening of the widened canal even further, Shipping Watch reports. “The designer has not delivered the necessary quality,” said the canal’s chief administrator, Jorge Quijano. “We hope, and still believe, that the expanded […]
Credit insurance provider Solunion has entered the Panamanian market, the company said in a release. The incursion is the latest in the insurer’s ongoing Latin American expansion plan, which last saw it enter Peru and Uruguay during the first half of this year. Solunion is a JV between Spanish insurance company Mapfre and Paris-based credit […]
Following the close of the 2015 fiscal year, the Panama Canal Authority (ACP) announced today that it has set a new historical tonnage record, welcoming 340.8 million Panama Canal tons (PC/UMS) through the Canal. The spike represents a year-on-year increase of 4.3 percent and highlights the Canal’s value and significance to global maritime trade. The […]
OK, maybe they should not have changed the slogan from “Have it your way” to “Be your way”. Yeah, we be good! Burger King Costa Rica has announced the closure of 29 restaurants operating in the country, after a decision was taken by shareholders and the franchisor BKC US. Since February the franchise has closed […]