Archive for August 20th, 2010

Two Billion Budgeted for Canal

August 20, 2010
By pa.di.
Two Billion Budgeted for Canal

The legislature approved over $2 billion for the Panama Canal Authority October 2010 to September 2011 budget. As far as returns, budget-makers expect over $1.6 billion in tolls from 14,286 ships, an average of 34.9 transits a day if the math is correct. Of that $1.6 billion, the national treasury would bank $839 million...
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Fiesta Casino Sale a Done Deal

August 20, 2010
By pa.di.
Fiesta Casino Sale a Done Deal

The sale of Thunderbird Resorts Inc.’s 63.63% stakes in six Panama casinos to Spanish gaming company CODERE is now complete. The shares sold for about $38 million, a recorded gain on the sale of stock of approximately $14.5 million and an additional gain of $4.2 million ratably over the next two years, according to...
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Taboga Islanders Oppose Fuel Storage Tanks

August 20, 2010
By pa.di.
Taboga Islanders Oppose Fuel Storage Tanks

Taboga Island residents are thinking about taking their objection to the installation of fuel storage tanks on neighboring Melones and Taboguilla islands to the Supreme Court. Municipal Council Resolution 3 of June 28 2007 establishes that Taboganos will reject any permission granted for the establishment of fuel storage infrastructure on district’s islands.  They fear...
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Posted in Not Easy Being Green | No Comments »

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