Panama will probably sell so-called Panda bonds this year to take advantage of lower borrowing costs in the Chinese market. After swapping the money back into dollars, the country may be able to trim a quarter or half a percentage point from the rate it would need to pay for an equivalent maturity dollar bond, […]
Lawyers for President Trump’s family hotel business threatened a Panamanian judicial official handling a dispute related to Trump Hotels’ management of a 70-story luxury hotel, according to a complaint filed with the anti-corruption division of Panama’s chief prosecutor. The complaint reviewed by The Associated Press said lawyers from the firm representing Trump’s hotel management business […]
Kevin Hall and Glenn Garvin look into the recent events and how they played out. Seven years ago, when the skeleton of the building that was to be the Trump Ocean Club had risen only 62 of its planned 70 stories, one of the developers gestured to it grandly and boasted to a reporter from […]
When the sun starts to set in George Town, bathing the colonial buildings in orange and pink, we step out into the street to hunt for dinner. Visitors to Penang never just have dinner; they hunt it, as if the meal were hiding in some darkened nook, guarded by a grey-haired auntie frying noodles. We […]
Meet the 93-year-old Woman Behind New Orleans’ Best Fried Chicken Beignets and po’ boys may be the first foods that come to mind when you think of grabbing a bite in the Big Easy, but there’s a quintessential (though perhaps less widely known) dish you definitely don’t want to miss: the fried chicken. Specifically, we’re […]
Following the trend seen since last year, in January 2018 in car sales in Panama sale registered 3,997 units, 1% less than was reported in the same month in 2017. Figures from the Office of the Comptroller General of the Republic show that in January 2018, 1,552 new vehicles were registered, 10% less than the 1,716 units registered in […]
The Colombian navy said Tuesday it has seized a massive shipment of cocaine in the northwest of Colombia. According to the navy, 5.2 metric tons of the illicit drugs were found in a shipment of bananas in a port in the Uraba region after a tip from the Police. The bananas were meant to be […]
Mr. Saik touched a raw nerve when he released “La Chama.” Panama’s hit single is about a Venezuelan woman who “fears nothing but immigration officers,” and “was famous in her own country but here does something else” – the something else presumably being prostitution. Hundreds of thousands of Venezuelans fleeing economic collapse are crowding […]
Well, it is finally about to be completed making the new Tocumen International Terminal 2 building another landmark achievement here in Panama, The Hub of The Americas! Copa Airlines expects to start service out of Panama City Tocumen International Airport’s new Terminal 2 (T2) in November and be “fully operational” in the new facility by […]
The MSC Caterina becomes the 3,000th vessel to transit through the Expanded Panama Canal, March 2, 2018. Photo: Panama Canal Authority. More than 3,000 vessels have now transited the Expanded Panama Canal less than two years since the new locks opened for business, the Panama Canal Authority (ACP) has announced. The containership MSC Caterina marked […]