Business and Economy

Mexican lawmakers want to raise minimum wage to $7.00 dollars a day

Mexico’s Senate on Thursday approved a proposal to keep minimum wage increases above inflation, just as the president pitched another sizeable hike next year, part...
Read More

Mexico opens anti-monopoly probe against Wal-Mart de Mexico

Mexico’s anti-monopoly commission said Thursday it has begun a formal investigation into possible monopolistic practices in wholesale and retail goods distribution and sales, a probe...
Read More

Best Buy announces closure of all stores in Mexico

Best Buy Co Inc will close all its stores in Mexico, the company said on Tuesday, as it anticipates weaker Christmas-season sales amid a spike...
Read More

Five businesses in Puerto Vallarta closed for violating COVID-19 regulations

During the first weekend in which the Emergency Button was applied in Puerto Vallarta, at least 5 establishments were closed for failing to comply with...
Read More

New shutdowns could wipe out hundreds of restaurants in Puerto Vallarta

A new economic shutdown would lead to the permanent closure of some 300 restaurants in Puerto Vallarta, according to Sergio Jaime Santos, president of the...
Read More

Mexico unveils private-backed $14 billion investment plan to lift ailing economy

Mexico’s government presented an almost $14 billion infrastructure investment plan on Monday as President Andres Manuel Lopez Obrador seeks to repair rocky relations with business...
Read More

Mexico adds 608,000 jobs in August, unemployment 5.2%

Mexico’s unemployment rate was 5.2% in August, official data showed on Monday, the first time the figure has been published in five months after the...
Read More

Mexico inflation near 15-month high ahead of rates decision

Mexican inflation was close to a 15-month high during the first half of September, authorities said on Thursday, feeding speculation that the central bank will...
Read More

Volkswagen drops Mexico City dealership that displayed Nazi poster

German carmaker Volkswagen (VOWG_p.DE) said late Monday it had severed ties with a distributor in Mexico City after a Twitter user posted photographs taken at...
Read More

Mexico’s factories still reeling from coronavirus

Mexico’s factories were still hurting in August from the coronavirus pandemic, with production falling and firms cutting workers, though the pace of deterioration in business...
Read More

Mexico slumps to ‘Great Depression’ economic lows

Mexico’s economy could contract by almost 13% this year, the central bank warned on Wednesday, after GDP data showed the pandemic lockdown had thrown the...
Read More

Ravaged by coronavirus, Mexico’s GDP falls record 17.3% in second quarter

Mexico’s economy contracted by double digits in the second quarter as the coronavirus pandemic ravaged Latin America’s second-largest economy and shut factories, kept shoppers and...
Read More
1 2 3 4 53
Puerto Vallarta News

Compare Listings

Title Price Status Type Area Purpose Bedrooms Bathrooms