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Puerto Vallarta News NetworkNews Around the Republic of Mexico

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Benefit Apparel to Build Plant in Jalisco, Mexico
Fibre2Fashion.com

Benefit Apparel, a US company which manufactures clothing for large firms such as Ross, Forever 21, and Adidas, is investing $5 million to construct a manufacturing plant in the Teocaltiche region of Jalisco, Mexico - creating nearly 750 direct jobs in the state.

Senate Broadly Approves Tax Plan, Hits Snag on Details
Graham and Gutierrez

On Wednesday, the Senate gave general approval to Mexico's plan to boost tax revenues - then began the debate over sections that lawmakers sought to change. The result was the main opposition party walking out and halting the vote on divisive details of the reform.

3rd Quarter 2013 Mexico Resort Real Estate Report
John K. Glaab

In the Settlement Company's 3rd Quarter 2013 Mexico Resort Real Estate Report, John K. Glaab tells us about the recovery of the Mexican real estate market, how Mexico is increasingly becoming an immigrant destination, and the upcoming National Association of Realtors Conference.

Peña Nieto Will Push Universal Healthcare in 2014
Maurilio Soto

Mexican President Enrique Peña Nieto announced that a universal healthcare initiative will be presented to Congress in 2014; he went on to say that the adoption of such a policy would be insufficient if not accompanied by individual lifestyle changes by the Mexican people.

No More Fideicomiso/Trust for Mexico Real Estate?
Wayne Franklin

There's been a lot of misinformation circulating regarding the proposal by Mexico's Congress to eliminate the trust system. This article is intended to not only set the record straight, but also to talk about what this means for foreigners who wish to purchase real estate in Restricted Zones.

Carlos Santana to Perform Live Concert in Guadalajara
RCARecords.com

Ten time Grammy-Award winning rock icon and Rock and Roll Hall of Famer, Carlos Santana and his band will be performing at a once in a lifetime concert event in Guadalajara, Mexico - in his native state of Jalisco - on December 14th at the Vicente Fernandez Arena.

Slots Ban A Major Blow To Mexican Gambling Industry
A. Mitchell

Mexico’s decision to outlaw slot machines could deal a major blow to the country’s gambling industry, considering the devices account for around 3/4 of gambling revenues in destination-resorts, and generate at least twice as much as all other casino games put together.

Soda Tax Will Be Big Problems for Small Businesses
Joshua Partlow

The Gugar Soda Company is medium-size business headquartered on the outskirts of Tlalixtac de Cabrera, Oaxaca. They are going to have to fire people if the soda/junk food tax passes in its current form and causes the expected 30%-40% drop in demand for their products.

Mexico Faces Challenges as Country Grows Old Quickly
TheNews.com

Mexico’s population is going through an accelerated and premature aging process. Statistics show that by 2036, 15% of Mexicans will be aged over 65 - compared to only 6% in 2010 - creating challenges to the country’s social and economic development.

New Proposal Could Push Junk Food Duty to 8 Percent
Graham and Gutierrez

Mexico's ruling Institutional Revolutionary Party is ready to support an opposition proposal to increase a planned tax on junk food, the party's leader in the Senate said this week. The proposal is to raise the prospective 5 percent duty up to eight percent.

Daylight Savings Time Ends in Mexico This Weekend
BanderasNews.com

There are just a couple of days left before we get that opportunity for an extra hour's sleep in the morning. That's right, daylight saving time 2013 officially ends for most of Mexico at 2 am on Sunday, October 27th - a week earlier than in the United States.

San Miguel De Allende Declared Conde Nast's 'Top City'
Ricardo Castillo

Roaring enthusiasm hit little San Miguel de Allende last week after prestigious Conde Nast Traveler Magazine’s readers declared the town number one in its annual 'Top Cities of the World' ranking - the first Mexican tourist destination to win such an award.

PRI Seeks to Remove Personal Info From Voter ID Cards
TheNews.com

Senators from Mexico's PRI political party have called for a reform of the 'federal electoral procedures code,' to protect the personal information of registered voters. Currently, voter ID cards include clearly visible addresses, putting voters at risk of identity theft.

Ancient Mexican Medicine: Why It Was So Effective
Hope Gillette

Medicine has been around almost as long as illness, and while there have been many missteps along the path toward modern medicine, one culture had it right from the start - the Aztecs. Ancient Mexican medicine operated on some basic principles still used in medicine today.

Josselyn Garciglia Crowned Miss Mexico 2013
Lorena Sonrisas

Thirty-three contestants competed in the 2013 Nuestra Belleza Mexico pageant, but it was Josselyn Garciglia who will represent Mexico in the Miss Universe 2014 contest. Beauty queens from the states of Aguascalientes, Chihuahua, Jalisco and Sonora were among this year's finalists.

Getting Lead Out of Mexican Pots and Mexican People
Ben Barber

It is already illegal to import into the United States pottery that is not certified as lead free with an official brand on each piece. But in Mexico the threat of neurological damage remains high due to the many reasons that lead persists in the pottery.

AMPI President to Participate in 2013 NAR Conference
John K. Glaab

Guillermo Salgado, the President of the Mexican Association of Realtors (AMPI) will be a member of a 'Making Money with Mexico' panel on November 10, during the National Association of Realtors' Annual Conference in San Francisco, California, November 6-11, 2013.

Hurricane Raymond Churning Off Mexico's Coastline
Mark Stevenson

The National Hurricane Center said Raymond, a Category 3 storm, had sustained winds of 120 mph as it remained nearly stationary off Mexico's coast late Monday evening; threatening to spread heavy rains onto a region already devastated by last month's Tropical Storm Manuel.

Mexican Dogs and Their Owners Protest Pet Food Tax
BanderasNews.com

Dogs of all shapes and sizes, along with their owners, came together outside Mexico's Finance Ministry last week to protest the proposed taxing of pet foods. The fears are that the rise in cost will lead to an increase in under-fed pets as well as animal abandonment.

To Fix Washington, Look to Mexico
Christian Science Monitor

Mexicans are puzzled by the US political crisis, if only because of being lectured about the importance of getting it together to become governable. But now Mexico’s political parties are cooperating to solve problems. Perhaps the US has something to learn from them.

Shoeless Mexico Indian Kids Win Basketball Tourney
John Thomas

Despite being undersized and mostly shoeless, a team of Trique Indian boys from Oaxaca won this year's International Festival of Mini-Basketball, held in Argentina. The boys were dubbed 'the barefoot mice from Mexico' because they were smaller than the other competitors.

Junk Food Duty Added to Tax Reform Bill
Bloomberg News

Mexico’s lower house finance committee approved a modified version of Peña Nieto’s tax reform proposal, advancing the legislation to a full lower house vote. The plan approved Wednesday evening includes a higher tax rate for top earners and a 5% tax on high-fat foods.


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