Panama is still an obvious escape hatch


News from Panama

This is a great post from Simon Black at Sovereign Man who has been coming to Panama over the last 17 years as well as numerous countries around the world. At the turn of the 20th century, the United States had recently become the largest economy in the world… and it was showing. The US […]

September 24, 2020

Panama- Pandemic leaves cracked justice system naked


News from Panama

Worsened by the confinement situation due to the pandemic,  Panama’s cracked justice system has been left ‘naked, an ‘endemic evil and in need of immediate modernization. The  stark assessment came from by Panama’s e Chamber of Commerce, Industries and Agriculture (Cciap) on Sunday, September 20. The organization gives as an example the fact that in […]

September 23, 2020

Taylor International Announces New Dealer in Panama


News from Panama

Taylor International has recently established a new dealer, Montacargas Panama Pacifico, S. A., in Panama City, Panama, according to Hal Nowell, Director of Sales for Taylor International.  “Panama is a very central and dynamic market and extremely important to Taylor International, and we made it a priority to partner with a dealer that could provide […]

September 23, 2020

AES Panama’s $1.485 Billion Refinancing


News from Panama

Citigroup Global Markets, J.P. Morgan Securities, Scotia Capital (USA), Credit Suisse Securities (USA) and Banco General acted as initial purchasers for a Rule 144A/Reg S offering of $1.38 billion of 4.375 percent senior secured notes due 2030 by AES Panama Generation Holdings, a special purpose vehicle owned indirectly by the AES Corporation, and arrangers for a […]

September 23, 2020

Award of Merit, Rail: Linea 2 Metro Panama


News from Panama

Metro Line 2 provides much-needed rapid transit access to the half-million residents of Panama City’s east side. The 21-km line is entirely elevated, with 16 stations. It faced a hard deadline—to open for World Youth Day in 2019, a triennial global gathering of young Catholics that attracted 700,000 to the city. Half-a-million riders used the […]

September 23, 2020