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Digicel to invest $350 million in HondurasWednesday, June 11, 2008 The Irish company Digicel plans to enter the Honduran market in December, and has announced that it will invest 350 million dollars in its first year of operations. The investment will be divided among development and network infrastructure, telecommunications equipment, and the introduction of the brand, channels and terminals. Honduras: $162 million to Extend Life of HondutelFriday, August 30, 2013 In the absence of concrete plans to bail it out, the Honduran Congress has awarded an amount that will allow the telecoms company to survive for a few more months. "These measures have the approval of the Executive, as was requested at the Legislative Budget Commission, in a form of "washing their hands" of the matter if the measure does not work", reported Laprensa.hn. Delays on new law put Honduras telecoms investments on holdThursday, May 22, 2008 Investments in telecommunications in Honduras are being held up by delays in approval by the National Congress of a framework law for the sector. "Private phone operators reckon they will have cancelled plans for US$50 million of investment by the end of this year," said a spokesman for the telephone companies' association, Asetel. Honduras: Lack of Funding for 1,000 MWMonday, November 25, 2013 Of the 80 hydroelectric projects approved four years ago by the Honduran Congress only four are in operation and seven others are just starting to be built. According to Roberto Cardona, Secretary of Natural Resources, "the recent installation of a working group for renewable energy which integrates potential local and international financial institutions and international cooperation agencies is an option to advance in the construction of hydroelectricity stations" , reports Laprensa.hn. Honduras: Tax Exemption Procedures ParalyzedTuesday, December 10, 2013 Employers indicate that investments are being delayed while they are awaiting response to requests for exemptions made to the Commission of the Executive. According to representatives from the Honduran Council of Private Enterprise (Cohep), about 700 companies records have been retained pending a special commission to determine whether or not to provide tax breaks to those who request it. Honduras Awaits Investors for $2 Million Energy ContractsThursday, April 14, 2011 At the upcoming "Honduras is open for business" event 21 energy projects will be presented to 325 investors, which have already confirmed their presence. An article in Laprensa.hn reports that the Honduran Foreign Affairs Ministry is expecting the companies interested in the renewable energy generation projects to include Italy's National Electrical Energy Company and Brazil's specialist damn building company, Norberto Odebrecht, as well as important Chinese investors. Mexicans Seeking Business in HondurasFriday, April 20, 2018 15 companies from Jalisco will be arriving on May 2 to visit Honduran companies and take part in a business conference. The commercial mission is being organized by the Honduras 20/20 Program, whose authorities confirmed that Mexican business people "... 'want to know about the investment opportunities that exist in the country. They have a tight schedule, they will be visiting different cities, and they will be taking part in a business conference at the Chamber of Commerce and Industries of Cortés.'", explained Peter Fleming, executive director of Honduras 20/20, to Laprensa.hn. Taiwanese Seeking Business in HondurasTuesday, May 16, 2017 Representatives from 13 companies from the Asian country are in Honduras exploring business opportunities in the agro-industry, mining, tourism and construction sectors. New Law on Charter Cities in HondurasThursday, June 13, 2013 The law regulates the establishment and operation of Employment and Economic Development Zones, enabling the consultation of residents in the areas where they are to be set up. Laprensa.hn reports that "With 102 votes in favor and 26 against, late on Wednesday deputies approved the Honduran Law on Areas of Employment and Economic Development (ZEDE by its initals in Spanish), better known as model cities. .. " Charter Cities Declared UnconstitutionalThursday, October 18, 2012 The Supreme Court of Honduras has declared as unconstitutional the legislative decree that created the figure of the "charter cities". With 13 votes in favor and one against, the Court decided to declare Decree No. 283-2010 unconstitutional, arguing that the reform "violates constitutional principles such as sovereignty, territory and the form of government." International Companies Leave HondurasMonday, October 17, 2011 Companies involved in manufacturing, agriculture, food and textile plants are migrating to other countries. The increase in production costs and legal uncertainty are some of the factors driving the migration, according to Fernando Garcia, executive director of the National Association of Industrialists (ANDI in Spanish). More Restaurant Franchises in HondurasFriday, October 14, 2011 In 2009 $25.7 million was paid for franchising licenses and international licenses, increasing to $30.4 in 2010. The results of a study conducted by the Central Bank, the Ministry of Industry and the Tourism Institute, indicate that from January to June 2011, companies paid $15.2 million by way of franchises and the figure for the end of the year is expected to be $32 million. 170 Companies at 'Honduras Open for Business'Friday, March 11, 2011 170 companies have confirmed their attendance to the event, which will be held on May 5th and 6th. The activity will include business conferences, an exhibition of Honduran exporters and an International Business Forum. Digicel of Honduras signs agreement with EricssonThursday, July 3, 2008 The cellular telephone company Digicel Group de Honduras has signed a contract with Ericsson to provide GSM/EDGE services. This will make Ericsson the main supplier for Digicel for its operations in the Caribbean, El Salvador and now in Honduras. China Popular promotes industrial fair in HondurasThursday, July 3, 2008 The Honduras-China Chamber of Commerce and Investements has announced an all-China trade fair kin San Pedro Sula on Sept. 21. Among the 200 companies expected to participate will be banking interests and construction firms that have built hydroelectric projects in countries like Belize and Colombia. |
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Thursday, August 18, 2022 - last update: 1:26 am
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