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PUERTO VALLARTA (PVDN) — Canada has been identified as the second largest source of international tourists to Mexico, a statistic that has prompted the Secretary of Tourism, Miguel Torruco Marqués, to embark on the “Operación Toca Puertas” (Operation Knocks on Doors) tour. The initiative commenced in Calgary, Alberta, to rejuvenate tourism post-pandemic. Between January and …

Canada-Mexico tourism bonds strengthen with “operación toca puertas” initiative Leer más »

A recent survey of industrial park owners found that overall warehouse space in such parks is nearing 100% occupancy, as more and more foreign companies relocate to Mexico. (Nigel Tadyanehondo/Unsplash) A survey conducted by BBVA Research and the Mexican Association of Private Industrial Parks (AMPIP) has forecast that by 2025, 453 new foreign companies will …

453 new foreign businesses expected to arrive in Mexico within 2 years Leer más »

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. …

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

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 …

Bank of Mexico survey shows nearshoring impact, prospects Leer más »