Small Business

A National Congress member proposed reopening the enrollment period for a microbusiness tax-incentive program that expired, conditioning new benefits on companies creating at least 20% more jobs and adding safeguards against fraud and duplicate claims.

Local authorities and small and medium-sized businesses in western Honduras called for approval of electricity-sector reforms, saying constant blackouts cause up to 100 million lempiras (about $4 million) in monthly losses.

Frequent blackouts are crippling Honduras's micro, small, and medium-sized enterprises, with the sector reporting estimated daily losses of 15 million lempiras (about $600,000) as outages lasting up to six hours halt production and sales.