In the first month of 2019, the country received $402 million in family remittances, 17% more than in January of the previous year.
According to figures from the Central Bank of Honduras, during January of this year the country received family remittances of $402 million, a figure that is $60 million higher than the $342 registered in the same month of 2018.
From January to November 15th of this year, family remittances received from the Central American country totaled $4.265 million, 10% more than what was reported in the same period of 2017.
The most recent figures from the Central Bank of Honduras show that between January 1st and November 15th, 2017 and the same period this year, the flow of remittances sent to the country increased by $372.6 million, from $3,892.3 million to $4,264.9 million.
The stock price of Copa Holdings has fallen and at the same time the airline has stopped accepting Argentina's currency for ticket sales.
Restrictions in Argentina for converting local currency to dollars and for sending funds abroad, have now forced American Airlines and Air Canada to take the same measure implemented by Copa.
The delay in the allocation of foreign currency for international payments to suppliers has caused Venezuelan industrial companies to owe some $5 billion to international suppliers.
The problem for exporters in the Colon Free Zone over non-payment of goods sold to importers in Venezuela is not isolated, and creates problems not only outside the Bolivarian country, but also for its own industry.
In the next two years, the RMB or Chinese yuan could become one of the major currencies used in global trade.
This was said in London by Douglas Flint, chairman of HSBC Holdings SA, adding that "the renminbi (RMB) will be a growing part of normal business in the everyday life for anyone who trades or invests in China."
"All international business with an eye on China should consider the potential benefits of using the RMB and the investment opportunities in RMB that have been created around the world with the support of the burgeoning overseas markets, particularly in foreign bonds markets," he said.
During the first half of the 2012-13 cycle, Honduran coffee exports generated $420 million in foreign exchange.
According to Victor Hugo Molina, manager of the Honduran Coffee Institute (Ihcafé), the volume of exports achieved was 2.9 million quintals, which represents 50% of what it expects to sell during 2013.
"The foreign exchange earned makes the coffee the country's main export," said Molina.
In 2010 income from tourism, the fifth item with the greatest growth, reached $650 million.
The minister for tourism, Nelly Jerez, made the announcement at the 'Public Hearing on Accountability of the Government', held at the presidential palace.
"The hearing was also attended by the Minister for Arts, Culture and Sports, Bernard Martinez, who said that throughout his administration a process of decentralization has been promoted, through which Municipal Councils for Culture have promoted the traditions of the region from communities up to a national level", noted an article in Proceso.hn.
Coffee grower Emilio Medina expects the 2009/10 season to be worth $750 million in exports.
He added that they are taking measures to control smuggling to Guatemala and El Salvador, where the product is resold as if it originated from those countries.
"Medina commented that Honduras may well be facing its 'largest harvest in history', which could boost the country's economy", reported Proceso.hn.
The country received $5.13 billion in the first ten months of the year, 17.2% less than the same period of 2008.
Maquila was the worst-hit sector, as it received $250 million less than last year, according to data from the Central Bank.
"... it was followed by remittances, which diminished 10.9% or $245.5 million, capital and financial flows ($187.4 million reduction), exports of goods ($169.3 million less), exports of services ($138 million less) and rents ($97.2 million less)", reported Laprensahn.com.