Mexico’s Economy
Nearshoring in Mexico to close 2022 with US$30 billion
MEXICO – According to Sergio ArgĂĽelles, president of the Mexican Association of Private Industrial Parks (AMPIP), nearshoring will generate approximately…
Banco Santander appointed Felipe GarcĂa Ascencio as Country head of Santander Mexico
MEXICO – Banco Santander appointed Felipe GarcĂa Ascencio as Country head of Santander Mexico. This means that in addition to…
Around 400 Asian companies want to set up in Mexico
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
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
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
GUANAJUATO – During his working tour in South Africa, the governor of Guanajuato, Diego Sinhue RodrĂguez Vallejo, met with executives…
Washington plans to invest in Guanajuato
WASHINGTON – Diego Sinhue RodrĂguez Vallejo, met with members of the Chamber of Automotive Industry entrepreneurs in Washington, to present…
Mexico pauses free trade agreement negotiations with South Korea
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
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
GUANAJUATO – The municipal president of San Miguel de Allende, Mauricio Trejo, received a delegation made up of authorities and…
Gross fixed investment grew in August
MEXICO – Gross fixed investment in the country increased by 1.9% at a monthly rate during August, with a boost…
Jalisco ranks 3rd in job creation
GUADALAJARA, JAL – With the generation of 23,294 new jobs registered in October with the Mexican Social Security Institute (IMSS),…
Bimbo expands in the United States
GEORGIA – Grupo Bimbo announced that it will build a larger bakery in addition to a smaller one it is…
Singapore and China, potential markets for Puebla
PUEBLA – Given the state government’s interest in seeking to attract more investment from Asia and for Puebla firms to…
Mexico’s GDP could recover: experts
MEXICO – Mexico continues to show signs of economic recovery and is moving away from preliminary expectations of stagflation in…
