Honduras

In Honduras, the uproar over the government's "10 families" initiative has ignited a heated discussion about the connection between the government and the commercial sector. Numerous civil society members, business organizations, and commentators have voiced worries about what they see as an antagonistic narrative put forth by the administration of Xiomara Castro. This initiative, accusing certain business entities of being accountable for the nation's economic issues, has drawn criticism for endangering businesspersons' safety, increasing political divisions, and harming trust in private investments.In this scenario, Representative Beatriz Valle has openly expressed her concerns about the success of the current administration's approach.…

In Honduras, the Koriun Inversiones situation has stirred significant public worry because of the absence of definitive responses and firm steps from the authorities. Over three months after the disclosure of the million-dollar financial fraud, many of those impacted are still waiting for their funds to be returned or for justice to be served on the culprits. The noticeable absence of progress in the investigations, alongside the silence from the Public Prosecutor's Office and the lack of action from the government, has led to suspicions of a potential cover-up or political shielding that is hindering the administration of justice.Simultaneously, legal…

Eduardo Facussé, leader of the Chamber of Commerce and Industry of Cortés (CCIC), has voiced opposition towards the Tax Justice Law proposed by Honduras's LIBRE Party administration, arguing that its purpose is driven not by technical or economic factors, but rather by political and ideological motivations. Facussé cautions that this law might not enhance the national economy and, conversely, could deter investment, limit job creation, and elevate living expenses for the most disadvantaged citizens. These remarks were delivered during an economic forum in San Pedro Sula, the industrial hub of the country.Economic impact and criticism of the Tax Justice LawThe…

In Honduras, the current political climate has been shaped by public engagement advocating for democratic diversity and political inclusivity. In Tegucigalpa, a varied assembly of individuals, including members of civil organizations, college students, local leaders, and unaffiliated citizens, convened in front of the National Congress to conduct a non-violent vigil. The central aim of this protest was to insist on complete assurances and regard for smaller political parties amid the electoral proceedings set to end with the general elections in November 2025. This vigil, distinguished by its use of candles and signs, acted as a symbolic answer to what attendees…

In the recent Honduran context, concern has intensified over the hostile environment faced by national businesspeople in the digital sphere. Representatives of the business sector and families that own large economic groups have denounced a campaign of attacks and hate speech on social media, which they attribute to radicalized sectors with political motivations. This situation has raised alarm about the possible effects on the personal safety of business leaders, the stability of their companies, and the overall economic climate of the country.The grievances demonstrate that social media assaults have grown more frequent and severe, employing unfounded claims, altered photos, and…

The conversation regarding the Tax Equity Law in Honduras has sparked significant discussion among the private sector, entrepreneurial groups, and governmental officials. The proposed tax changes, supported by the current administration, have been perceived by business leaders as a major threat to employment stability and the ongoing operation of numerous companies nationwide. The primary worry relates to the removal of tax benefits that have been crucial for the growth of industries such as assembly plants, agricultural exports, tourism, and building, which, according to industry leaders, might lead to widespread shutdowns and large-scale layoffs, particularly affecting small and medium-sized businesses.The anticipated…