Honduran Banks Profits Down

Honduran Private banks ended the third quarter of 2009 with a decrease of 227.8 million Lempiras in profits over the same period last year. According to preliminary figures from the National Commission of Banks and Insurance (CNBS), profits fell equivalent to a percentage drop of 9.3%. This was explained by a decrease in the loan […]

Honduras Cracks Down on Drugs

Drug enforcement agents seized 3 million pseudoephedrine tablets that had been imported into Honduras from Bangladesh, a police spokesman said. The seizure was made on Friday night at a house in a neighborhood in south Tegucigalpa that had been rented by a man named Manuel Valerio, the police spokesman said. The shipment was headed to […]

New Currency for Honduras?

Central American presidents met in the Honduran city of San Pedro Sula and ratified their determination to seek regional integration as the way to unite against the world economic crisis and move towards a common currency. The 33rd Summit of the Central American Integration System, or SICA, ended Friday with a joint press conference, at […]