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July 14, 2023

Puerto Vallarta Real Estate Pre-Sale Deals Leave Buyers In Limbo As Government Stops Construction Developments

Leave a Comment / Mexico, Puerto Vallarta, Real Estate / By

PUERTO VALLARTA (PVDN) – While the Puerto Vallarta brand continues to stand strong, both nationally and internationally, the real estate sector is encountering significant obstacles. Federal authorities have suspended at least 20 construction projects since last year, which is causing increasing concerns about investment in residential tourist housing. Numerous individuals who have directed their retirement …

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Puerto Vallarta Tops The List Of Most Desired Summer Vacation Destination

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PUERTO VALLARTA (PVDN) – Amid a surge in demand for vacation reservations and inquiries, Puerto Vallarta has emerged as the top choice for summer tourists, according to several companies in the tourismsector.PriceTravel Holding, a travel marketing company and one of the most recognized and innovative travel agencies in Mexico and Latin America anticipate a busy …

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Peso closes at strongest level against the US dollar in 7 1/2 years

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There’s no stopping the Mexican peso: the currency appreciated again on Friday to reach its strongest level against the US dollar in seven and a half years. Bank of Mexico data shows that one greenback was worth 17.05 pesos at the close of markets, and just 17.02 pesos at one point earlier in the day. …

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Bank of Mexico survey shows nearshoring impact, prospects

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Three out of 10 companies operating in Mexico are already seeing benefits from nearshoring, according to a Bank of Mexico (Banxico) survey, reflecting high levels of optimism from businesses that have relocated here. Banxico’s survey of more than 400 companies found that 27% are already increasing their productive capacity, either by expanding existing plants or …

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Taiwanese semiconductor manufacturers visit Mexico

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A group of 20 Taiwanese semiconductor manufacturers is visiting Mexico to evaluate investment potential, Mexico’s Economy Ministry (SE) said on Sunday.  In addition to manufacturers, three associations and a research center for semiconductors and printed circuit boards (PCBs) are attending the gathering, held in coordination with the SE and the Business Coordinating Council (CCE). Major …

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