It’s a Go for Underground Lots

The Mayor’s office has given the order to proceed with the construction of two underground parking lots. The Riva, S.A. company will build 350 spaces under Urraca Park, which will be reconditioned with a new baseball field, basketball court and green areas above ground. The second will be built by Estacionamientos Dynamic 5 under the Artisan market at Plaza 5 de Mayo with…

Multiplaza Mall to Charge for Parking

Multiplaza Mall is preparing charge its patrons for parking. Since the mall was built ten years ago, its 3,500 spaces have been free, but mall administrators say a new, modern system will help to curb use by non-customer parkers who take shoppers’ spots. Although the exact date of implementation is yet unknown, advertising campaigns start the third week of May to educate customers on…

Gas Up at the Pump

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As of 6 a.m. Good Friday morning, gas cost more in Panama. The price of a liter of 95 with ethanol increased by $.037, 91 octane gas with ethanol by $.042 and diesel by $.003. This is equivalent to an increase of $.14, $.16 and $.01 per gallon, respectively. Prices are are fixed through May 2.

Panama Crime Series, Part 96

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Hold up at Brazilian steakhouse – Three gunmen assaulted 18 customers at the Brazilian Os Segredos Da Carne restaurant on Federico Boyd Avenue at 10:30 p.m. on Tuesday. The robbers made off with cash, jewelry, cell phones, shooting the a security guard in the legs as they fled the scene. Woman stabs husband with table knife – Osiris Massiel Walker Ruiz, age 30,…

Flights from Panama to Portugal Are Coming

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TAP Portugal will fly to Bogota and Panama City four times a week starting in July. The new route will operate with Airbuss A330-200 with a seating capacity of 268 and fly on Mondays, Tuesdays, Thursdays and Saturdays. Flights are scheduled to depart Lisbon at noon, layover in Bogota, and arrive in Panama City at 6:25 p.m. before departing…

Panama Owes Over $17 Billion

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Panama’s public debt reached record highs, surpassing $17 billion this month. A recent Ministry of Economy and Finance report indicates that this debt could reach $17,227,000,000 by year’s end and continue to grow well into 2017 to reach $20.3 billion. There is an additional $2 billion in in turnkey project debt, as well as over $2.3 billion owed by state companies such…