Mexico’s Economy

Nuevo Leon attracted more than US$4.3 billion in foreign investment during 2022

NUEVO LEON – During 2022, the state of Nuevo Leon reported positive numbers in terms of Foreign Direct Investment (FDI)…

2 January, 2023

Quintana Roo to receive historic investment in 2023

23 December, 2022

QUINTANA ROO – The year 2023 will represent a historic year in investments for Quintana Roo, both in local and…

Hitachi Astemo Mexico received the Business Merit Award from the State of Queretaro

21 December, 2022

QUERETARO – Hitachi Astemo Mexico, S.A. de C.V. has received the State of Queretaro’s prestigious Business Merit Award for foreign…

Costa Rica wants to join the T-MEC agreement

15 December, 2022

MEXICO – Costa Rica expressed its interest to the United States to join the Mexico-United States-Canada Agreement (TMEC), said the…

Mexico will grow in nearshoring in the next 3 years: DHL

15 December, 2022

MEXICO – German firm DHL Express sees strong growth potential for nearshoring in the country over the next three years….

Nearshoring in Mexico to close 2022 with US$30 billion

14 December, 2022

MEXICO – According to Sergio Argüelles, president of the Mexican Association of Private Industrial Parks (AMPIP), nearshoring will generate approximately…

Banco Santander appointed Felipe García Ascencio as Country head of Santander Mexico

13 December, 2022

MEXICO – Banco Santander appointed Felipe García Ascencio as Country head of Santander Mexico. This means that in addition to…

Around 400 Asian companies want to set up in Mexico

13 December, 2022

MEXICO – According to the Confederation of Industrial Chambers (Concamin), around 400 companies from Asia want to set up in…

Gross fixed investment in Mexico grew by 3.3% in September

8 December, 2022

MEXICO – Mexico’s gross fixed investment grew by 3.3% year-on-year in September, driven by the rise in the machinery and…

Inflation decreased by 7.80% in November

8 December, 2022

MEXICO – Consumer inflation reported a significant deceleration last November, according to data released by the National Institute of Statistics…

Governor of Guanajuato begins working tour in South Africa

6 December, 2022

GUANAJUATO – During his working tour in South Africa, the governor of Guanajuato, Diego Sinhue Rodríguez Vallejo, met with executives…

Washington plans to invest in Guanajuato

5 December, 2022

WASHINGTON – Diego Sinhue Rodríguez Vallejo, met with members of the Chamber of Automotive Industry entrepreneurs in Washington, to present…

Mexico pauses free trade agreement negotiations with South Korea

1 December, 2022

MEXICO – Mexico has paused negotiations for a Free Trade Agreement (FTA) with South Korea in order to design the…

Mexico exceeds one million formal jobs created by 2022

16 November, 2022

MEXICO – The Mexican economy surpassed one million formal jobs created so far in 2022, reaching a historic maximum number…

San Miguel de Allende strengthens its ties with Texas

11 November, 2022

GUANAJUATO – The municipal president of San Miguel de Allende, Mauricio Trejo, received a delegation made up of authorities and…

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