This is a good article written by Juan Pablo Fabrega Polleri of Fabrega, Molino & Mulino The first trust law in Panama was adopted in the 1940’s, based on the common law Trust. However, in 1984 new provisions on trusts, were enacted by means of Law No. 1 of January 5th, to complement other […]
Ricardo Martinelli, the ex-president of Panama facing extradition on corruption charges, helped him launch his first international property. Fast Company posted this article written by Anna Lenzer It was a big moment for Donald Trump. On July 6, 2011, the future president was beaming as he celebrated the opening of his first international real-estate deal, […]
Oooops!! A mistake in the border lines between Mexico and the United States could see over 200 thousand acres returned to Mexico. Chihuahua Senator Patricio Martínez García said 214,381 acres considered US territory since the 19th century actually belongs to Mexico. So far, there has been no proposal that will lead the United States to address the territorial error, […]
By 2035, the U.S. may have surpassed Australia and Qatar to become the world’s biggest supplier of liquefied natural gas, according to the chief executive officers of Canadian energy giant Enbridge Inc. and LNG exporter Tellurian Inc. The U.S. already has about 70 million tons a year of LNG capacity coming online, Meg Gentle, Tellurian’s […]
The Panama Canal set yet another daily tonnage record in February 2017 with a total of 1,180 vessel transits totaling 1.18 million Panama Canal tons (PC/UMS). The previous record was established the month prior in January 2017 when the Canal recorded a daily tonnage average of 1.16 PC/UMS. The daily tonnage average accounts for vessels […]
In just four-and-a-half hours time, Ben Tollerene single-handedly cleared the PokerStars Championship Panama Super High Roller final table. All five of the players that started the day, directly handed their chips to the high-stakes online player as he knocked out each and every one of them. “Yeah, I can’t really imagine a smoother final table […]
I do love getting emails from Lori ever sense I read one that went viral called The Death of Common Sense – THE PANAMA PERSPECTIVE 2016. This time she speak out about how our society has changed and I have often said, it changed since the 1960s and I am afraid it will never get better. Furthermore, […]
None of the pre-qualified companies submitted bids in the tender for the concession of the design, construction and operation of a container port in West Corozal, Panama. From the Panama Canal Authority: The Panama Canal Authority (ACP) reports that Friday was the deadline set out in the request for proposals for the submission of bids […]
The housing market, casinos, concert halls, and the livestock sector are all used to launder money in Central American countries. Excerpted from the report “International Narcotics Control Strategy Report, Volume II, Money Laundering and Financial Crimes” by the US State Department: Costa Rica Transnational criminal organizations continue to favor Costa Rica as a base to […]
In Panama the Chinese consortium Martano has submitted an environmental impact study to build a 423 MW combined cycle power plant in the village of Puerto Pilon, province of Colon. Data from the Information System on Construction Projects in Central Area Commercial provided by the Business Intelligence Unit at CentralAmericaData, shows that on December 1, […]