pa.di.

Public Services to Investigate Friday Blackout

The National Public Services Authority will investigate a blackout that left many parts of Panama City and Colon in the dark on Friday night. The power cut was reportedly due to a series of explosions and fire caused by damaged meter pieces in the Condado del Rey substation, requiring the electric transmission company to pull the…

Panama Canal to Launch High-Tech Transit Management System

The Panama Canal Administration announced that it will put a new state-of-the-art vessel scheduling and maritime resource management system in place in response to growing traffic through the waterway. The system – developed with Quintiq, a Dutch company that specializes in supply chain planning and optimization software to the maritime, transportation and logistics industries – plans to transform how the Panama Canal plans…

Nidal Waked Held in Miami Until Trial

Colombian-Panamanian businessman Nidal Waked will remain in custody in Miami until his trial, tentatively scheduled for October 30. Waked, age 45 and based in Panama before his arrest, pled not guilty to charges of “knowingly and willfully” engaging in financial and monetary transactions designed to conceal drug-trafficking proceeds. At the time of his arrest in May, the US…

Fonseca Calls Out President from Jail

Partners of the law firm Mossack Fonseca at the center of the Panama Papers scandal were indicted on money laundering charges on Saturday, but the allegations don’t stop there. Ramon Fonseca Mora, who along with Jurgen Mossack is being held as a flight risk in Ancon, says that President Juan Carlos Varela, in the presence of deputies…

Rice Producers Clash with Police

Riot police reacted when rice producers shut down four lanes of the Pan-American Highway near Divisa on Monday. The rice producers are calling for an end to rice imports and exclusion from price controls. Last December, the government committed to purchasing 500,000 quintals for $18 million from local producers. Ruben Zeballos, president of the Rice Importers Association…