(Borderland Beat) Panama --Local media said today Mexican drug trafficking groups operating in Panama are using the country as a base for trafficking cocaine from Colombia to Mexico and the United States. According to intelligence reports cited by the newspaper La Prensa, the Gulf cartel, Beltran Leyva, Los Zetas and Juarez Cartel were the drug trafficking organizations … [Read more...]
Panama a global trading and finance hub
(Worldfinance.com) As a financial hub of the Americas, Panama continues to consolidate its position as an international financial centre. Panama is often called “bridge of the world, heart of the universe”. Its privileged location determined the construction of the Panama Canal, which some refer to as ‘the eighth wonder of the world’. This great feat of engineering was … [Read more...]
New Locks on Panama Canal taking shape
(Port Technology) Three million cubic metres of concrete poured in new locks as multi-billion dollar expansion project reaches new milestone. The Panama Canal Expansion Program has made a significant stride forward with as much as three million cubic metres of concrete poured in the construction of the new lock complexes. The milestone was registered during the … [Read more...]
Trump Panama to have private island beach club
(World Property Channel) Trump Ocean Club Panama is about to become the first Panama City project to offer a beach club on a private island. Both residents and guests of Trump Ocean Club will be able to take day trips to the beach club on Viveros Island, located about 48 kilometers (30 miles) from Panama City, part of a group of over 100 islands making up the Pearl Islands … [Read more...]
Panama’s new security strategy to reduce homicides
(infosurhoy) The Panamanian government is implementing the US$37-million National Public Safety Strategy, a security initiative that focuses on prevention and improved coordination among law enforcement agencies to lower the homicide rate and spread of gangs. The strategy, which is funded by the European Union through 2017, is based on increased training for employees of the … [Read more...]