PANAMA CITY Panama’s attorney general said on Thursday Brazilian construction company Odebrecht has made a verbal agreement to pay $59 million in reparations for bribes it paid in Panama to win business in the country between 2010 in 2014. The sum is the amount in bribes Odebrecht admitted paying to officials and intermediaries in the […]
My friend Bryan Bogensberger is organizing another first for Panama: A conference bringing some of the best and brightest in the tech industry to Panama along with nearly 1,000 attendees. The angle is Disruption, and the speakers are genius-level presenters who have made waves in industries from the tech-space to consumer product development. The Westin […]
Sandra Bertrand writes for Highbrow Magazine on her recent visit to Panama. Three destinations? Two sounds like enough. But spending a month in the colorful and sometimes contentious country of Colombia and not making a side trip to the Panama Canal, would be a little like opting for Las Vegas and its desert environs and […]
The Ministry of the Presidency is putting out to tender the study, design and construction of a project to improve the water system in the City of Panama. “The objective is the study, design and construction for the extension of the Hydraulic Ring towards Panama East, including the Maria Henriquez 2 Line, the Oriente 2 […]
Two sons of Panamanian ex-president Ricardo Martinelli have denied reports that they had received USD 6 million intended as a bribe for their father from Brazilian construction giant Odebrecht. Ricardo Martinelli Linares and Luis Enrique Martinelli Linares said in a statement that news reports linking them to a USD 6 million payment aimed at securing […]
Panama City will host the second annual Aero Expo Panama Pacifico (AEPP) business aviation show from April 20 to 21, 2017 at the Panama Pacifico International Airport. Organizers say they expect to double the number of visitors from the 500 who came to the 2016 event to 1,000 next year. According to AEPP officials, the […]
Jorge L. Quijano, Panama Canal Administrator reviews a year of achievements with the new Panama Canal. By most accounts, 2016 was a year unlike any in recent memory. The year bore witness to tectonic shifts in the global landscape, creating uncertainties across all markets. We also saw market and trade growth decline, driven in part […]
Reuters reports that the relationship will remain strong with both countries. Panama does not expect any change in its relations with Taiwan or China, a senior official from the isthmus nation said on Friday, despite increased pressure from Beijing on Taiwan’s allies to sever ties. Taiwanese President Tsai Ing-wen will visit Latin America […]
The government has proposed that Airbnb offer its services only in the interior of the country where the supply of hotels is lower and where the legal prohibition of vacation rentals is not in effect. Authorities at the online rental company met with representatives from the government and the private sector, after a group of […]
JUAN CARLOS VARELA, the President of Panama writes this story that appeared in The Miami Herald. Seven months after the leak of 11.5 million documents from a law firm in an incident that has come to be known as the “Panama Papers”, the world is right to ask what has been done since to fight […]