The overhaul of Mexico’s banking laws, enacted as part of President Enrique Peña Nieto’s wide-ranging economic and business structural changes, is designed to increase credit to small and medium-sized businesses while enhancing regulatory oversight and transparency.
Promises of wide-ranging structural reforms aimed at boosting long-run growth and economic development accompanied Mexican President Enrique Peña Nieto’s arrival in office in December 2012.
Changes have followed, including legislative approval of plans to modernize important sectors of the economy, most notably a constitutional amendment ending state monopolies over oil and gas as well as . . .
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Popular posts:
US Authorities Deal a Blow to Cartels in Puerto Vallarta Puerto Vallarta, Mexico - In a significant move to dismantle the financial underpinnings of organized crime, the United States Treasury Department has sanctioned over a dozen companies associated with the Jalisco New Generation Cartel (CJNG). These actions, carried out by the Office of Foreign Assets Control (OFAC), target entities implicated in timeshare fraud schemes across…
Six of Mexico’s Top 50 Restaurants of 2023 are in Puerto Vallarta Puerto Vallarta, Mexico - In a remarkable accolade to its vibrant culinary scene, Puerto Vallarta has been named as one of Mexico's premier gourmet destinations. The prestigious recognition comes from the OpenTable platform's latest ranking, "The 50 Best Restaurants in Mexico in 2023," which features six of the city's esteemed restaurants, underscoring Puerto Vallarta's status…
New Military Forces Arrive in Puerto Vallarta to Reinforce Security Puerto Vallarta, Mexico – In a significant move to bolster security in the state of Jalisco, the Mexican government has dispatched a contingent of 2,500 soldiers to the region. Starting from the 29th of November, Puerto Vallarta has witnessed the arrival of these troops, with at least 100 units marking their presence in the city.…
New International Flight Routes to Boost Puerto Vallarta’s High Season Puerto Vallarta, Mexico – The Puerto Vallarta International Airport is set to experience a significant boost in its high season traffic with the addition of over 25,000 departure seats this year. In a strategic move to strengthen the influx of visitors, at least three new international routes are planned to be inaugurated in the final…
Puerto Vallarta News Brief with Felipe Álvarez for November 28, 2023 https://youtu.be/Tpjdl22e34A Puerto Vallarta (PVDN) – The Puerto Vallarta News Brief covers the top trending stories of the week on Vallarta Daily News and is hosted by Felipe Alvarez. The stories this week. The Jalisco Ministry of Health, responding to increased cases of pneumonia among infants in China, has heightened its surveillance across the region, especially in…- Puerto Vallarta News Brief with Felipe Álvarez for December 1, 2023 https://youtu.be/6d5X8V5wemg Puerto Vallarta (PVDN) – The Puerto Vallarta News Brief covers the top trending stories of the week on Vallarta Daily News and is hosted by Felipe Alvarez. The stories this week. The United States Treasury Department has taken a significant step in dismantling the financial networks of the Jalisco New Generation Cartel. The Office of…
There Will be 350 Pilgrimages in December to Puerto Vallarta’s Our Lady of Guadalupe Puerto Vallarta, Mexico - Father Arturo Arana, a key figure in the religious community of Puerto Vallarta, has officially announced the completion of preparations for the highly anticipated Guadalupe Festival. This year's event is set to witness a significant increase in participation, with over 350 pilgrimages registered, marking a robust resurgence following the challenges posed…
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 landscape dominated by Walmart and Costco. The speculation was ignited following the discovery of job listings for production and distribution managers on LinkedIn, as reported by Mexico Business News. This…
Puerto Vallarta Intensifies Epidemiological Surveillance Amid Rising Infant Pneumonia Cases in China Puerto Vallarta, Mexico - In response to the escalating instances of pneumonia among infants in China, the Jalisco Ministry of Health has significantly increased its epidemiological surveillance efforts across the region. Jaime Álvarez Zayas, the chief of the Eighth Health Region of the Jalisco Health Secretariat based in Puerto Vallarta, has affirmed the ministry's commitment…
World AIDS Day: An Estimated 12,000 People Living With HIV in Puerto Vallarta Puerto Vallarta, Mexico - In observance of World AIDS Day, Puerto Vallarta stands in solidarity with the global theme “Let communities lead,” reinforcing the notion that enduring change stems not from isolated events but from collective movements. The city, known for its vibrant community and picturesque landscapes, is addressing the HIV/AIDS crisis with renewed vigor…
