Archive for June 15th, 2010

Raid Produces Over $3.3 Million in Punta Pacifica

June 15, 2010
By st.di.
Raid Produces Over $3.3 Million in Punta Pacifica

Police in coordination with anti-narcotics officials seized over $3 million today in Punta Pacifica. The millions were gathered during a raid on a Mystic Park apartment, La Prensa reports.  Five Colombians, between the ages of 20 and 40, were also detained in the process as well as a Chevrolet Aveo, a Hyundai Santa Fe...
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Posted in The Streets | No Comments »

Penonome is Belly Button of the Americas

June 15, 2010
By en.di.

Map sellers at Albrook domestic airport will say that Penonome, a tranquil town in Panama’s western provinces, is the belly button of the Americas. Located at 8.5 degree latitude and -80.36 degrees longitude on the Zarati River, Penonome could lay claim to being at the center of the landmass, if measured from the northern...
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Posted in Talk | 1 Comment »

Los Faros Developer Tangled up in Spanish Money Matters

June 15, 2010
By in.di.

A Spanish judge put Inmoptions, the commercial branch of Grupo Mall, the developer of the Los Faros de Panama project, in involuntary bankruptcy today. The petition filed late last year by Barcelo, a Spanish tourism company, claimed that the promoter owed them  €2.8 million or $3 million in transportation fees. The developer has said that Inmoptions will...
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Posted in Money | No Comments »

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