central america

Lobster Season Ends March 1st

The Central Bank of Honduras (BCH) reported that 32.3 million dollars worth of lobsters were exported last year, which is 65.6 percent more than in 2009, when the country exported 19.5 million dollars worth. In 2008, the figure reached an all time high of 41.8 million dollars. This however, was mostly due to higher prices […]

FTA Talks with Peru Close Today

The first round of Free Trade Agreement negotiations between Peru and Honduras will conclude today. Honduras, Costa Rica, El Salvador, Guatemala and Panama started talks on Monday with Peruvian representatives of Foreign Trade and Tourism. The first round negotiations covered issues including market access for goods, rules of origin, technical barriers to trade, sanitary and […]

Operation Oráculo AE2 – 18 Months of Investigation

Miguel Ángel Villela Meza was captured over the weekend in Colombia with six other members of an international drug trafficking and weapons network. Miguel Ángel Villela Meza accepted the charges against him from the Colombia authorities. Óscar Álvarez, the Honduran security minister, is under fire today because he declared yesterday at a news conference, that […]

BCIE Grants Honduras $280,000,000 Loan

The Honduran government yesterday signed a loan agreement in the amount of 280 million dollars with the Central American Bank for Economic Integration (BCIE). The funding will be used to implement the “Emergency Multisectoral Programme: Strengthening Fiscal and Social Equity” intended to support employment generation and emergency preparedness in addition to other social concerns. During […]