Friday, July 25, 2025

Shuttered tourism marketing agency has debt of 70 million pesos

The disbandment of the Tourism Promotion Council (CPTM), a move that was severely criticized by the tourist industry, has revealed that the agency owed 70.6 million pesos (US $3.7 million) when it was shut down.

The council’s latest financial statements, updated with August 2018, figures, indicate that there are several legal proceedings against it.

The biggest single debt owed by the organization that was responsible for international tourism marketing is 27.4 million pesos in salaries and bonuses to employees.

A data storage and computer systems maintenance firm, Compliance Officers, has sued for breach of contract, demanding the payment of 1.5 million pesos owed for services provided.

The CPTM and its 21 offices abroad were liquidated last month by the federal government.

Tourism promotion will now fall under the jurisdiction of Mexico’s embassies around the world.

Source: Milenio (sp)

Have something to say? Paid Subscribers get all access to make & read comments.
inside a Cruz Roja ambulance

A year after El Mayo’s capture, Sinaloa’s capital is seen as Mexico’s most dangerous city 

0
A survey of Culiacán residents found that a staggering 90.8% of them feel their city is unsafe, more than double the figure from a year ago and higher than any other urban area in Mexico
President Sheinbaum at the podium during her mañanera press conference on July 25.

Sheinbaum condemns war in Gaza: Friday’s mañanera recapped

0
The president reiterated her support for peaceful coexistence between "the state of Israel and the state of Palestine." She also vowed to "pacify" the troubled state of Sinaloa.
Alicia Bárcena and Zeldin hold up copies of a signed agreement to fund sewage treatment for the Tijuana River

Mexico and US sign agreement to end Tijuana sewage crisis

0
For decades, raw sewage flowing into the Tijuana River has washed into the Pacific Ocean, polluting beaches on both sides of the border— a problem the deal aims to solve by the end of 2027.
BETA Version - Powered by Perplexity