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.
Plaza La Isla

Should you be worried about the presence of brain-eating amoeba in Yucatán water bodies?

0
The news of a water sports instructor's death prompted concern among residents of the Yucatán capital that the popular nearby cenotes may harbor the deadly amoeba, but experts say cenote water is too cold for the microorganism.
U.S. Soldiers, assigned to the U.S. Army Western Hemisphere Command, conduct the M320 grenade launcher lane as part of the 2026 U.S. Army Best Squad Competition at Fort Benning, Georgia, Sept. 14, 2026. The annual competition tests squads’ proficiency in warrior tasks and battle drills to identify the most cohesive, highly trained, disciplined and physically fit team ready to fight and win, while demonstrating a commitment to the Army Values and Warrior Ethos.

139 US troops cleared to enter Mexico for joint training in Chihuahua

4
Among the simulated combat exercises U.S. and Mexican military personnel will conduct are the destruction of sniper positions; the seizure of an airfield; an air assault; the destruction of a fuel-supply point; and the capture and extraction of a target using live fire.
Colorado River

New US-Mexico water agreement means reduced allotments but a heathier Colorado River

0
Mexico, still in water debt to the United States, will have its Colorado River share reduced, but so will three U.S. Lower Basin states: Nevada, Arizona and Colorado.
BETA Version - Powered by Perplexity