Business & Economy News

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puerto vallarta
Employability and tourism development have registered an increase in Puerto Vallarta. In terms of employment, Puerto Vallarta has grown 13 percent from June 2015 to the same month in 2018, from 59,489 insured workers to...

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Business and Economy News

MEXICO BUSINESS AND ECONOMY NEWS FROM THE NUMBER ONE ENGLISH NEWS SOURCE SERVING PUERTO VALLARTA, THE BAY OF BANDERAS AND BEYOND.
discover credit card mexico

Discover to increase card acceptance in Mexico

Discover Financial Services, a leading direct bank and payments services company, and Promoción y Operación S.A. de C.V. (Prosa), a leading payment solutions provider and domestic payments network in Mexico, signed an agreement to form a strategic network alliance to expand Discover® Global Network acceptance in Mexico. Discover, Diners Club International®, PULSE and network affiliate...

Jalisco is the main honey producer in Mexico

With a great diversity of honey and an annual production of 5,815 tons, Jalisco is considered the main state producing honey in Mexico, said Hector Padilla Gutiérrez, head of the Ministry of Rural Development ( Seder ). In a statement, the also former president of the Mexican Association of Secretaries of Agricultural Development (AMSDA), reported...

Tequila reaches record numbers in production and export

The tequila industry continues to break its own records and shows that it is one of the most solid in Mexico. This year will, once again, close with record numbers in both production and exports, said the Tequila Regulatory Council (CRT). In a statement, they noted that tequila production reaches its highest level in 23...

Walmart entering the food delivery business in Mexico

Walmart Inc will acquire Latin American food delivery service Cornershop for $225 million, it said on Thursday, in a move to ramp up its online grocery business in Mexico and Chile. The deal mirrors Walmart’s growing investments and tie-ups in online delivery services across the globe, as it aims to compete with Amazon.com Inc, the...

VW to stop making iconic Beetle next summer

After selling it on and off in the U.S. for nearly seven decades, Volkswagen has decided to squash its iconic Beetle. The company’s American unit announced Thursday that it would end global production of the third-generation bulbous bug in July of next year after offering two special editions for sale. The compact Beetle was introduced...
bioplastics

Turning waste into bioplastics, Mexico strikes green gold

Tequila, avocado and corn are proving their worth beyond Mexican fiesta staples as key components for a fast-growing bioplastics market, with companies transforming waste from processing food crops into products such as bags, plates and even car parts. Bioplastics make up less than 5 percent of the millions of tonnes of plastic produced each year...

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