US Seeks to Recover $1.5 Million from Funds Stolen by Corrupt Honduras Official

US Seeks to Recover $1.5 Million from Funds Stolen by Corrupt Honduras Official

The Department of Justice is seeking the forfeiture of nine properties worth approximately $1,528,000 that were allegedly purchased with funds traceable to a $2 million bribe paid by a Honduran information-technology company to the former executive director of the Honduran Institute of Social Security. “Mario Zelaya was the director of Honduras’s social security agency, but […]

Honduras: Chamber of the Construction and Industry calls for lower Cement Prices

Honduras: Chamber of the Construction and Industry calls for lower Cement Prices

The Honduran Chamber of the Construction and Industry (Chico) has requested that cement producers revise the price of bagged grey cement. Cement companies have maintained the price of HNL168.50 (US$8.02) per 42.5kg in Tegucigalpa with variations from one location to another due to transportation costs. The monthly economic activity index (IMAE) released by the Central Bank […]

Three Hondurans Among the 12 Richest Central American Millionaires

Three Hondurans Among the 12 Richest Central American Millionaires

According to Forbes Magazine in Honduras, the poorest and most unequal country in Central America, three of its businessmen make the list of the 12 richest millionaires in Central America. Forbes which specializes in the world of business and finance, Miguel Facussé, Jaime Rosenthal and Mohamad Yusuf Amdani Bai, whose companies have global dividends which may soon […]

Chile and the United States will strengthen Honduras’ agricultural exports

Chile and the United States will strengthen Honduras’ agricultural exports

The Governments of the United States and Chile, represented by the USAID and AGCI, signed a statement of intent in triangular technical cooperation with Honduras. Jorge Lobo, Minister of Agriculture and Livestock of Honduras, James Watson, director of USAID, and Jorge Daccarett, Executive Director of AGCI endorsed the agreement. Honduras, represented by the SAG, expressed […]

Honduras to Refinance Debt with One Billion Dollars in Bonds

Honduras to Refinance Debt with One Billion Dollars in Bonds

Honduras plans to issue $1 billion in bonds on international markets in 2015 to refinance the country’s internal debt, Finance Minister Wilfredo Cerrato said on Friday March 7th 2014. The content you see on Stocktrades, is from those who have a vested interest in making sure the absolute best content is exclusively available at https://www.stocktrades.ca/. […]

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