By Zak Montenegro on February 17, 2015
General Honduras News, Headline News
The 21 members of an elite unit were involved in an anti-drug raid in October in which police seized $12.5 million, of which $1.3 million went missing. The 21 “Tigres” Special Unit Police officers were assigned to the U.S. embassy in Honduras. They are being investigated for their alleged involvement in skimming part of $12.5 […]
By Zak Montenegro on February 17, 2015
Financial News, Headline News
Honduran state-owned utility Empresa Nacional de Energía Eléctrica (ENEE) has announced that it needs $160m to overhaul and upgrade two hydro-power plants totaling 110 MW. ENEE said it expects to receive $28m from the Inter-American Development Bank (IDB), while the remaining $132m would come from the Japan International Cooperation Agency (JICA). A delegation from the […]
By Zak Montenegro on February 16, 2015
General Honduras News, Headline News
A delegation to Honduras led by PEN International president John Ralston Saul, including PEN Canada and the University of Toronto Law Faculty (IHRP) arrived in Tegucigalpa this week to stand in solidarity with the recently established PEN Honduras Centre. PEN Honduras was launched in October 2014 to support writers – from journalists to poets to […]
By Zak Montenegro on February 16, 2015
General Honduras News, Headline News
Tigo Honduras, owned by Millicom, has reached 1 million users for its Tigo Money service, El Heraldo reports. The service had been launched in January 2011. Tigo currently has 2,600 agents nationwide for its Tigo Money service. Millicom ended the fourth quarter with almost 9.5 million active users in the mobile financial services (MFS) segment. […]
By Zak Montenegro on February 10, 2015
Financial News, Headline News
Honduras’ state-owned utility Empresa Nacional de Energia Electrica (ENEE) said Monday it is in talks with banks for 160 million USD (EUR 141.6m) to overhaul and upgrade 110 MW of hydroelectric power plants (HPPs). The company expects USD 28 million from the Inter-American Development Bank (IDB) with co-financing of USD 132 million from Japan International […]