The allure of investing in Mexico’s historic oil sector opening has been dimmed by the plummeting price of crude, putting pressure on the government to offer bigger incentives to private investors in the first major round of contracts up for grabs. Since Congress in August approved the laws governing the dissolution of Mexico’s 75-year-old state...Read More

A bus crash on Avenida Francisco Medina Ascencio at the Maritime Terminal injured 20 people, sending 10 to area hospitals and 10 treated on the scene, Thursday afternoon. According to police reports the bus was traveling at excessive speeds on Route U-166 when it collided with a Nissan pickup truck then slammed into a light...Read More

The Riviera Nayarit and Puerto Vallarta convention and visitors bureaus concluded their promotional activities in South America for 2014 by training 25 agents in Chile, Ecuador and Argentina. This necessitated three separate FAM trips divided by country: 10 agents from Chile visited the region from November 22-25; 9 agents from Ecuador were here from December...Read More