By Jonathan Roberto Catracho on October 8, 2014
Business - Economics
Honduras’s state-owned energy firm the National Electric Power Company (ENEE) has said it expects losses of 31.7 percent next year. Of that percentage, 12.5 percent will come from technical losses and 19.5 percent form commercial losses. The state owned public company will lose over $400 million dollars due to a lack of maintenance on its […]
By Jonathan Roberto Catracho on October 8, 2014
Business - Economics
The president of the Telecommunications Commission of the National Congress of Honduras, Rodolfo Navas Irias, has confirmed that he has held meetings with business people from Israel, Costa Rica, Uruguay, China and the US to evaluate investments in the Honduran Telecommunications Company (Hondutel). He expressed his hope that some of these operators would conclude negotiations […]
By Jonathan Roberto Catracho on October 7, 2014
General Honduras News
Following the enactment of the Act establishing restrictions on smokers. The director of the Honduran Institute for the Prevention of Alcoholism, Drug Addiction and Drug Abuse (IHADFA), Marco Antonio Gómez Medina, said the law has had a positive impact on people wondering whats rehab like. Due to this, many have been cured of their addiction. […]
By Jonathan Roberto Catracho on October 7, 2014
Business - Economics
Honduran President Juan Orlando Hernandez was in Spain this week advocating for Spanish aid and reinvestment of Honduran debt to Spain in a civilian airport. On Wednesday Spain’s King Felipe VI praised Honduran President Juan Orlando Hernandez and promised US$189 million to the Central American nation. The funds will be invested into additional development […]
By Jonathan Roberto Catracho on October 6, 2014
General Honduras News
Honduras elite police for the “TIGRES” along with the USA DEA have arrested two leaders of a major Central American drug gang responsible for transporting cocaine into the United States, the national police said on Sunday. Brothers Miguel Arnulfo and Luis Alonso Valle Valle were detained in a police operation in the country’s eastern Copan […]