HONDURAS
1# EDITION MILLIONAIRES AND THE POVERTY
HONDURAS’S ACTUAL ECONOMY 3 ARTICLES TALKING OF THAT
HONDURAS’S MEN BILLIONAIRES
CRUISEERS INJECT MORE THAN $900 MILLION TO ROATAN The economy of Roatan received in the last decade more than 900 million dollars just for the purchases of tourist products and services made by foreigners arriving on cruise ships. Two decades ago, to capture that sum was a dream that the inhabitants, small and big businessmen, longed for. At that time, they saw Roatan as a tiny economy within an exotic universe of great opportunities. Last year alone, more than 1.2 million foreigners arrived, according to the Honduran Institute of Tourism (IHT). Each one spent an average of $ 100, in short, they left about $ 120 million. "Currently the entire economy of the island revolves practically around this industry," says Jerry Hynds, mayor of Roatan.
ECONOMIC ACTIVITY OF HONDURAS GREW 2.9% IN JANUARY The monthly index of economic activity (Imae) in Honduras grew 2.9% in January this year, lower by 70.7% to 4.1% in the same month of 2018, driven by financial intermediation, insurance and pension funds, an official source reported Friday. The Central Bank of Honduras (BCH) indicated in a report that the average annual trend of the economic activity of the Central American country was 4%. The activity that registered the highest growth in January was financial intermediation, insurance and pension funds (6.3%), higher than the 5.8% of the same month of 2018, due to higher interest and loan payments, the BCH said. Likewise, private construction grew by 5.1% due to the construction of residential and industrial works, as well as buildings for service activities. The electricity and water distribution sector grew 4% due to the generation of thermal power, the entity said. Mail and telecommunications also increased 4% due to new fixed and mobile Internet subscribers with broadband connectivity. Other activities of more growth were agriculture, livestock, forestry and fishing (3.7%), commercialization of goods (3.6%) added the Central Bank.
HONDURAS: IMPACT ON FUELS OF WELCOME AFTER HOLIDAY
A new increase in the price of fuel will be registered this Monday April 22 at the 537 gas stations in the Honduran territory. According to the weekly price structure reported by the Secretary of Energy, the increase is between 13 to 21 cents of lempiras per liter of fuel. In Tegucigalpa the higher gasoline will go from cost 26.51 to 26.72 lempiras per liter; 21 cents more than the previous week. In the case of regular gasoline goes from L 23.83 to L24.09 per liter, reflecting an increase of 26 cents of lempiras. The kerosene that cost 17.57 lempiras presents an increase of 14 cents of lempiras. The new price will be 17.71 lempiras. Finally, the new price of diesel will be L22.11, its increase was 13 cents. Domestic LPG gas maintains its price. In the case of San Pedro Sula, the new price structure is as follows: Gasoline greater than L 26.20, regular gasoline at L 23.57, kerosene at L 17.17, diesel at L 21.56 and vehicular LPG at L 37.74. All prices present increases.
TOP 3 BILLIONAIRES Camilo Atala - Net worth $3 billion Mr. Camilo Atala is the owner of Banco Financiera Comercial Hondurena S.A., and acts as its Executive President. Mr. Atala worked as Marketing Manager of Banco Mercantil. In 1990, he founded Financiera Comercial HondureĂąa. In July 1994, he led the transformation of Financiera Comercial HondureĂąa into BANCO FICOHSA.
Mr. Atala is a recognized businessman in Honduras. He received a bachelor's degree in business administration from Texas Tech University in 1986.
Fredy Nasser - Net worth $2.31 billion Fredy Antonio Nasser Selman (born June 4, 1956) is a Honduran businessman, head of the Terra Group (Terra Group). The group includes Petróleos de Honduras (Hondupetrol) and Interairports. From 2001 to 2006, the Group invested more than $ 300 million. A study conducted in 2006 by the Friedrich Ebert Foundation named Nasser as one of the "most powerful men in Honduras" (along with "energy magnate Schucry Kafie and banker and industrialist Jaime Rosenthal"). Nasser graduated in architecture from the University of Texas A & M. He is the brother of María del Carmen Nasser, named Ambassador in Chile, and Miguel Facussé Barjum's son-in-law.
Jorge Canahuati Larach Net worth $1.3 billion
He is an entrepreneur of Palestinian origin was born in the United States and consolidated his economic power in the area of communications, current owner and president of group OPSA La Prensa, El Heraldo, Diez, Estilo also with heavy investments in the bottling sector, food franchises and pharmaceutics.
Poverty A few moments ago we were just talking about the “Billionaires of Honduras”, and after talk about that were now going to talk about “Poverty” because believe or not, the economy in Honduras is very “special” because there are billionaires and pours. See a man sleeping on the sidewalk, see children selling gum and cigarettes, watch people stealing food and consuming drugs is something normal in some parts of Honduras, and that is not correct. The government have to fight this kind of things, but they really do? The government tell us “The things are changing for Honduras”, but that is a big lie. You can also watch poor people in important places of Honduras, specially “The Center of Tegucigalpa”. The government don’t make their work but did we? The poverty begins with the family and their ideology, leaving all to the government is a dumb way to think. If you don’t work you are the cause of your poorness, everyone makes their own way.