Joe Kirwin at Bloomberg writes of loopholes that exist that lawyers took advantage of. Switzerland’s lack of regulatory oversight for lawyers, as well as loopholes that allow them to ignore due-diligence rules, came under intense scrutiny at a European Parliament hearing probing Switzerland’s role in the year-old Panama Papers revelations. At the same time, […]
The non-implementation of policies, programs, and projects that help transform the country’s production, trade and projection abroad, affected the economy and contributed to a slow-down. According to the National Competitiveness Center (NCC), it is necessary to meet these challenges at a time when the Brexit and the recent presidential campaign promises in the US threaten […]
Ever wonder how coffeehouses in New York survive paying top rents when so many customers sit for hours stirring their $3 coffee? Pourt is a new entry that has an answer: it combines an appealing coffee bar with a separate co-working space that charges by the hour or day. Pourt, which opened late January 2017, […]
More road improvements in Panama is always good news, a little painful but worth it in the end. The Ministry of Public Works in Panama is inviting bids for the renovation of 61 kilometers of roads in the province of Cocle. “Project aims: -Renovate, repair and improve the road network in the region, to provide […]
Wingo’s inaugural flight between Panama City/Balboa and Cartagena was welcomed with a water arch salute on 23 February. The airline will offer three weekly flights between the two airports, facing indirect competition from Copa Airlines and its subsidiary, Copa Airlines Colombia, which both serve the city pairing, but operate from Panama City’s main airport – […]
The value of buildings, additions and repairs registered in January totaled $120 million, making a total of 180 thousand square meters, led by the districts of Panama and Colon. The figure recorded in January this year is 25% lower than it was in the same month last year, when the total value of new construction […]
In a small room in a prison on the outskirts of Panama City, Kathia Thomas carefully presses the screen on a digital sewing machine to choose the colours and embroidery on her next item of clothing. Surrounded by other women, and by threads, patterns and a few religious images, Thomas, a 43-year-old mother of five […]
It happened again– another spying scandal in the Land of the Free. Wikileaks released 8,761 CIA documents detailing the agency’s hacking of smart phones, routers, computers, and even televisions. These files reveal that the CIA can and has hacked devices that were supposedly secure– iPhones, iPads, and Android devices. The documents further reveal that the CIA […]
The wild jungle setting of this temperate, Latin American backwoods provides world-class birding and endless wildlife to discover, Suzanne Morphet writes in The Globe and Mail. The tangled mass of tropical vegetation in front of the veranda of our lodge appeared lifeless half an hour ago. But now birds flit before us, popping in and […]
Rendering of the 380 MW natural gas plant being built by AES in Colon, Panama, which is currently 30% complete and the start of operations remains scheduled for 2018. The plant, whose construction started in May last year, will have three generators, three gas turbines and one steam turbine, reaching a total installed capacity of […]