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Business and Economy

Bank of Mexico expected to raise key rate by 25 basis points on Thursday

According to a Reuters poll on Monday, all 20 analysts surveyed expect the Bank of Mexico, known as Banxico, to hike its benchmark interest rate...
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Mexico is among the top 10 lithium-rich countries, the test is keeping corruption and cartels out of the business

Lithium, a mineral of great importance for the clean energy industry, has become the subject of debate after the decree of February 18 that made...
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What is considered lower, middle, and upper class in Mexico?

Puerto Vallarta (PVDN) – The issue of what social class one belongs to in Mexico is often a matter of debate among those who discuss...
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Mexico’s consumer agency issues warning for travel company scams for travel to Puerto Vallarta

Puerto Vallarta (PVDN) - The Easter holidays are just around the corner, and for this reason, the Federal Consumer Attorney's Office ( Profeco ) issued...
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Allowing foreign airlines to offer domestic flights in Mexico will spell the end of Mexican airlines

Puerto Vallarta (PVDN) – If ‘cabotage’ is authorized in Mexico, that is, allowing foreign airlines to operate flights between two destinations in Mexico, it would...
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The new Volaris Guadalajara-Puerto Vallarta route begins ticket sales

Puerto Vallarta (PVDN) – With the commitment to boost tourism and provide visitors with greater opportunities to travel and enjoy the Mexican Pacific, the Jalisco...
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Canadian company receives Mexico’s first permit to grow and market cannabis in the country

MEXICO CITY, March 9 (Reuters) – Mexico’s nascent legal cannabis industry on Thursday welcomed its first company authorized to grow at industrial-scale but focused on...
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The efforts of women entrepreneurs are recognized in Puerto Vallarta

Puerto Vallarta (PVDN) – As part of the activities carried out in recognition of International Women’s Day, the government of Puerto Vallarta carried out the...
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Explainer: What is the US-Mexico GM corn dispute about?

March 8 (Reuters) – The U.S. has requested formal trade consultations with Mexico over the Latin American country’s plans to restrict imports of genetically modified...
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What is nearshoring and why can it be a competitive advantage for Mexico? And will violence end nearshoring for Mexico?

Puerto Vallarta (PVDN) – In mid-2021, a trend that would have a greater impact in Mexico began to take hold: nearshoring. This, due to its...
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Tesla’s $5 billion dollar plant in Mexico will be the largest electric vehicle plant in the world

Puerto Vallarta (PVDN) - The electric vehicle plant that Tesla plans to build in Mexico will require an investment of around $5 billion dollars, according...
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Mexico’s economy grows 3.1 percent in 2022

Puerto Vallarta (PVDN) – Mexico’s economy grew 3.1 percent during 2022, slightly better than the previously estimated 3.0 percent, according to revised Gross Domestic Product...
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