Continued economic deterioration during the government of Porfirio Lobo has led businessmen to prefer the leftist opposition candidate over the ruling party man.
An article in Elnuevoherald.com reports that Adolfo Facussé, president of the National Association of Manufacturers, said that the current government "... is an economic disaster, giving out money in political campaigns, increasing public administration and making unnecessary tenders which are not very transparent".
Political instability is making both domestic and foreign investors very nervous.
An article in Laprensa.hn looks at how recent political developments related to legal certainty, are worrying Honduran businessmen, as they complicate the promotion of the country as a recipient of foreign investment.
"The situation we are seeing in Honduras is benefiting neighboring countries such as El Salvador, Nicaragua and Guatemala, which provide more legal certainty" said Jesus Canahuati, a textile entrepreneur.
San Joaquín valley investors have decided to suspend a business project in Honduras.
The investors have stated that the reason for the interruption is the country's legal insecurity, Carlos López Urquía told members of Honduran industry association, Andi.
Elheraldo.hn reports further comments from the Andi representative saying that, "Honduras is on stand by while El Salvador and Guatemala are also being reviewed since these countries depend on judicial security in order to enter the country".
The National Association of Industrial Companies announced today that they will present a constitutional suit against the executive decree that established the new minimum salary.
Proces Digital reports: "ANDI has also called for a general strike next week that it is naming "a day without a company."
Recognized Brazilian company of backhoe loaders, telescopic, articulated and other types of cranes looking for companies interested in representing the brand and distributing their machinery in Central America and Mexico. The company manufactures and sells telescopic,...