Fuel prices set new record high in Nicaragua

For the third straight week, fuel prices in Nicaragua have set new record highs, according to market reports.

Monday, April 28, 2008

Top-grade gasoline now retails for more 24 córdobas (US$1.25) a liter, while some outlets were selling regular grade at 23.43 córdobas last weekend.

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Bus fares and fuel face price hikes in Costa Rica

April 2008

Bus fares in Costa Rica will be raised Monday ahead of fuel-price increases set for the following day, the public-service regulator, Aresep, reported.

The average fare increase will be 5 percent. Increases in the price of gasoline and diesel will be accompanied by hikes in electricity tariffs ranging from 11 to 72 percent, depending on consumption levels.

Salvadorean carriers could stop work again

April 2008

Bus operators could launch a new stoppage later this week if they do not reach agreement with the government over fare increases and other measures.

Transport association leaders left a meeting with Public Works Minister Jorge Nieto this morning after failing to reach agreement.

El Salvador seeks agreement on bus fares

April 2008

El Salvador's public works minister, Jorge Nieto, will try to find a solution today with representatives of various public transport companies that will end a crisis caused by high fuel prices.

The two sides were to continue a debate today aimed at negotiating an end to the problem caused by high petroleum prices and the bus companies' demand for higher fares.

Honduras orders new rise in electricity tariffs

May 2008

A second increase in electricity tariffs programmed for the end of this month will bring to 50 percent the increase in bills paid by Honduran consumers.

President Manuel Zelaya's government has imposed the increases as part of its agreement with the International Monetary Fund.

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