(Xinhua) Panamanian police seized 140 kg of cocaine in the port of Cristobal in Colon province, said National Police Director Gustavo Perez on Thursday. The drugs were found inside 28 boxes on a boat en route to Mexico from Colombia, said Perez. He also said there were altogether 15 people on board, including two Panamanian nationals. International drug cartels in … [Read more...]
Panama Presidents Lunch at Palace
(Panama Digest) Former Panamanian presidents Ernesto Perez Balladeres, Mireya Moscoso and Martin Torrijos joined current President Ricardo Martinelli for lunch at the Presidential Palace on Tuesday. On the menu was squash soup, meat wrapped in bacon, salad and lemon pie, La Prensa reports. After lunch, Martinelli took his guests on a tour of the new annex, the Cabinet … [Read more...]
Panama Set to Pass Tax Deal Next Month
(Bloomberg)Ā Panamaās Congress probably will pass a tax-information exchange agreement before taking a recess in late April, said Deputy U.S. Trade Representative Miriam Sapiro, who is working with the nationās trade ministry. The accord, signed by the U.S. and Panama in November, must be approved by the nationās legislature before it can take effect, clearing the way for … [Read more...]
Habitat for Humanity in Panama
(Moving to Panama) The alliance between Panamanian and American cultures has been strong since the earliest days of the last century. Americans are well liked in Panama, and they have returned this affection in countless ways through the years. One of these is with the development of a strong Habitat for Humanity program in country. Habitat for Humanity Panama was … [Read more...]
Mexican firm Coca-Cola Femsa buys Panama beverage company
(prensa.com) The Mexican company Coca-Cola Femsa, the largestĀ bottler of Coca-Cola products worldwide in terms of sales volume, yesterday announced the closing of its purchase of Grupo Industrias LĆ”cteas of Panama, which includes the brands Estrella Azul, Conservas PanameƱasĀ and PlĆ”sticos Modernos. Although the amount of the transaction was not released, analysts placed … [Read more...]