Mobile banking transactions in Honduras grew to 3.5 billion lempiras (approximately USD $160 million) in 2014, according to a study performed by telecoms watchdog Conatel. Under the current legislation, users can make 100 transfers per month up to a total of 20,000 lempiras. Conatel’s study stated that there were a total of 1.01 million mobile […]
One of Honduras richest men Miguel Facussé Barjum passed away in the Capital city of Honduras Tegucigalpa. He was 93 years old. In the 1970’s he founded Dinant Corporation and turned it into one of the largest producers of Palm Oil products in the world. There will be a a wake and services at 12:00 noon […]
The growth of investment in solar energy in Honduras continues at breakneck speed. MIGA, which is part World Bank, has guaranteed an investment of US$56.7 million for three SunEdison projects in the Country of Honduras. The Multilateral Investment Guarantee Agency (MIGA), which is part of the World Bank Group, granted guarantees for an investment of […]
A passenger aboard a transport vehicle today in Honduras took the law into their own hands and killed an alleged robber. The incident occurred at the top of the bridge that connects Estocolmo with Tegucigalpa and Comayagüela in the Central District of the country. Witnesses said three men boarded the bus, threatening to strip passengers […]
“Today yes, the entire country wants to combat corruption and crime in the country.” Honduras President Juan Orlando Hernandez spoke these words, acknowledging the onslaught of demands calling for his resignation. This past weekend saw a growing number of protests and marches organized throughout the country of Honduras, and even #RenunciaJOH on Twitter has been […]