By samuel contreras on January 7, 2016
General Honduras News

Hundreds of protesters came out in support of Radio and Globo TV journalist David Romero Ellner yesterday at his hearing outside the Honduran Supreme Court. Over 500 extra police and military officers were on guard in front of the Supreme Court to ensure a peaceful proceeding. The Radio and Globo TV Director was in Tegucigalpa […]
By samuel contreras on June 17, 2015
Financial News, General Honduras News

Hondurans waving torches may have taken to the streets demanding his resignation over corruption, but their president said Wednesday the U.S. Congress may pass a huge Central American aid package anyway. “I do not see any big complication,” President Juan Orlando Hernandez said in an interview with news agency reporters. The billion-dollar development package called […]
By samuel contreras on November 8, 2013
Business - Economics, Financial News

The reactivation of domestic production could be accelerated with an adjustment in the monetary policy rate (TPM – Tasa de Política Monetaria) which is more in line with the national reality, and would encourage investment by lowering interest. The current TPM remains at 7.0%, where it has been since May of 2012, as part of […]
By samuel contreras on September 20, 2013
Business - Economics, Headline News

Honduras has the fourth highest debt in Central America. El Salvador is first, and Panama second, followed by Costa Rica according to a report from the ICEFI – Central American Institute for Fiscal Studies.
By samuel contreras on September 19, 2012
bids, bulk cargo, contract bid, port, puerto cortez, shipping
Business - Economics, Headline News

A Terminal de Graneles Sólidos (TGS), or “bulk solids cargo” area is being developed in Puerto Cortez, and the Honduran government is soliciting the participation of interested businesses, both domestic and foreign.