Strong Peso Hits Mexican Export Competitiveness, Leading to Job Losses
A strong peso against the dollar reduces Mexican export competitiveness, causing production cuts and job losses in border regions.
Business
Cancún Taxi Union Plans to Introduce Meters in 500 Vehicles
Cancún taxi union plans a pilot program to install meters in 500 vehicles, aiming for transparent pricing.
Failed Bike-Share Program Costs Mérida Millions in Wasted Funds
Mérida's En Bici bike-share program cost millions due to poor planning and low usage.
Mexico Rejects New Real Estate Project in Sian Kaan Biosphere Reserve
Federal authorities denied permits for a house in the protected Sian Kaan Biosphere Reserve in Quintana Roo.
Chinese Investors Show Interest in Chetumal’s ‘Polo del Bienestar’ Development Zone
Chinese companies are among eight firms interested in investing in Quintana Roo's new economic development zone.
Woman Charged in Yucatan Real Estate Fraud After Allegedly Disappearing with Buyer’s Money
A woman faces fraud charges in Yucatan after allegedly taking money for a property she didn't own.
Tour Guides Accuse Officials of Selling Jobs at Chichén Itzá for Up to $150,000
Independent guides at Chichén Itzá allege job positions are being sold for up to $150,000 to relatives of certain groups.
Tulum Authorities Close 18 Real Estate Developments in Six Months Over Regulatory Violations
Officials in Tulum have shut down 18 real estate developments in six months for failing to comply with regulations.
Water Scarcity in Quintana Roo Fuels Fraud Targeting Irregular Settlements
Scammers exploit water shortages in Quintana Roo's informal neighborhoods, taking deposits for water deliveries that never arrive.
GMO Corn Imports Block Sale of Nearly Half a Million Tons in Guanajuato
Mexican farmers cannot sell corn due to market saturation from imported GMO grain.