(PanamaAmerica) Panama today made the first placement "successful" of approximately $ 500 million in bonds on the capital market in Japan, seeking to diversify its funding sources, reported an official source. These bonds, known as "samurai" are backed Japan Bank for International Cooperation (JBIC, for its acronym in English), the Ministry of Economy and Finance (MEF) … [Read more...]
SINAPROC rescues tourists climbing BarĂș volcano
(prensa.com) "A phone call alerted the Emergency Response Department, reporting that nine tourists who had climbed to the top of the volcano, were experiencing health problems, to which we immediately responded by sending staff to the site," informed Regional Director of SINAPROC, JosĂ© Donderis. The official further informed that. Of the nine Panamanian tourists, … [Read more...]
American Society of Panama Dry Season Picnic January 22
(Newsroom Panama) I The feasting will take place in the Horoka Restaurant (thatâs through the second gate) and the fun starts at 3 p.m. and goes on until 6. You will be able to  fill yuour plate with  hot dogs, BBQ chicken, potato salad , corn on the cob and baked beans, and a dessert and in the background the music of Anita and Michael. If you area a paid up member the … [Read more...]
Movistar Panama interconnects to iBasisâ network
(Telegeography.com) It is understood that the IP-interconnect will allow Movistar to offer its subscribers lower-cost international calls at higher quality by leveraging the cost efficiencies offered by iBasisâ global network footprint, which includes both traditional TDM and advanced VoIP infrastructure. The connection meanwhile will also see iBasis extend its own … [Read more...]
Panama’s new traffic accident rules start February 1st
(NewsroomPanama) The new rules governing minor traffic accidents on Panama  roads come into force on February 1. If there is a minor accident, the drivers involved must move their cars off the street to avoid traffic congestion. Each driver must complete a transit accident form and exchange it with the other party involved in the accident and, if possible, the drivers … [Read more...]