Tag

Economy

Elections in the US and Mexico Will Impact Mexico’s Economy in 2024

Puerto Vallarta, Mexico - In a recent address at the Economic Perspectives Seminar of ITAM 2024, Alejandrina Salcedo, the Director of Economic Research at the...
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Mexican Peso Strength Poses Challenges for Tourism in Puerto Vallarta

Puerto Vallarta, Mexico - As the Mexican tourism industry continues its growth trajectory, tourism experts have sounded a warning about the strengthening Mexican peso, which...
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Consumer Inflation in Mexico Closes 2023 at 4.66%, Above Central Bank’s Target

Puerto Vallarta, Mexico - In a recent release of economic data by the National Institute of Statistics and Geography (Inegi), it was revealed that consumer...
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Dos Bocas Refinery in Tabasco Set to Produce 243 Thousand Barrels of Oil per Day from January 31

Dos Bocas, Tabasco - In a recent announcement, the General Director of Petróleos Mexicanos (Pemex), Octavio Romero Oropeza, disclosed that the Olmeca refinery located in...
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Mexico’s Remittances Dip to 4.9 Billion Dollars in November, Lowest Amount in Nine Months

Puerto Vallarta, Mexico - In a recent report released by the Bank of Mexico (Banxico), it has been revealed that Mexico received approximately 4.9 billion...
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Did it Feel More Expensive to Live in Mexico in 2023? Mexican Peso has Strongest Year in Three Decades

Puerto Vallarta, Mexico – The Mexican peso, often dubbed the "excessive weight" by some, celebrated its best year in over three decades in 2023. Closing...
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Fewer Than Expected Hospitality Employees From Acapulco Have Relocated to Puerto Vallarta

PUERTO VALLARTA, Mexico - The bustling port city of Puerto Vallarta is witnessing a change in its labor landscape following the devastating impact of Hurricane...
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Target Coming to Mexico? Speculations Rise Over Target’s Potential Expansion into Mexico

Puerto Vallarta, Mexico - Recent developments have stirred discussions about the American retail giant Target potentially entering the Mexican market, which could reshape the retail...
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Puerto Vallarta and Riviera Nayarit Restaurants to Employ Hurricane Otis Victims

PUERTO VALLARTA (PVDN) - To address the labor shortage in the hospitality sector, restaurants in Puerto Vallarta and Riviera Nayarit are considering employing individuals affected...
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Mexico and Amazon Unveil a Joint Initiative to Train Over 130,000 in Cloud Computing

PUERTO VALLARTA (PVDN) - In a notable collaboration between the Ministry of Economy of Mexico and Amazon Web Services (AWS), the "Boosting Mexican Talent to...
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Decline in International Tourism Sets Off Alarm Bells for Puerto Vallarta and Other Mexican Beach Destinations

Puerto Vallarta, Cancún, and other popular beach destinations in Mexico have registered a worrying drop in international air travelers, setting off concerns in the tourism...
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August International Tourism to Puerto Vallarta Falls; First Sign of a Weaker Dollar Against the Peso?

Despite surpassing the milestone of 4.7 million passengers after August, the Puerto Vallarta International Airport reported a decrease in international tourist arrivals compared to the...
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