Panama: Stock Market Figures up to March 2017


News from Panama

Of the total volume traded on the stock market in the first quarter, 55% were in the primary market, 29% in the secondary and the remainder were repurchases. “The most traded instruments in the primary market were corporate bonds-notes and negotiable commercial securities for $338.9 million, followed by Bonds and Treasury Bills for $228.8 million,” […]

April 18, 2017

Odebrecht Confesses to Giving Former Brazil President Lula US $4 Million in Bribes


News from Panama

Karina Martin reports in PanAm Post of yet another bribery scandal, this one involving the former Brazil President. Former president of the corruption-ridden construction company Odebrecht, Marcelo Odebrecht, confessed to paying US $4.15 million in cash to former President Luiz Inacio Lula da Silva between 2012 and 2013. According to information leaked by local media, former minister […]

April 17, 2017

Panama inflation cools in March on fall in transport prices


News from Panama

More good news  as price controls seem to be working here in Panama.  Reuters reports the latest numbers. Annual inflation in Panama cooled in March compared with February, as prices for transportation, food and beverages slid, official data showed on Wednesday. Inflation reached 1.5 percent in March, compared with a 1.9 percent annual rate in […]

April 17, 2017

Using SUP to Clean Up The Environment in Panama


News from Panama

There are places all over the world that might be considered paradise for paddlers. Picturesque environs of awe-inspiring nature to paddle through across the world. Unfortunately, often times those places also have issues with waste disposal; undeveloped infrastructure, lack of awareness and proximity from the grid can cause plastic and other trash to lap at […]

April 11, 2017

Panama’s AW139 helicopters hit a flight-hour milestone


News from Panama

AgustaWestland AW139 helicopters operated by Panama’s Servicio Nacional Aeronaval have achieved a 5,000-hour operational milestone. Leonardo of Italy, of which AW is a part, said the 5,000-flight-hour milestone was reached less than four years after the aircraft entered service with the country. “This milestone further reinforces the strength of the relationship between Leonardo and the […]

April 11, 2017