Mexico’s Economy
Electricity reform halted
MEXICO – After more than 13 hours of discussion, opposition deputies prevented Andres Manuel Lopez Obrador’s electricity reform from being…
Nubank obtains US$650 million credit line for growth in Mexico
MEXICO – Brazilian neobank Nubank, Latin America’s most valuable fintech, is boosting its growth in Mexico and Colombia with a…
Tajin plans to reach the Middle East
TALA, JAL – Industrias Tajín has its sights set on the Middle East. The Jalisco-based company will begin shipping its…
Electricity reform could affect investment potential in Mexico
MEXICO – After President Andrés Manuel Lopez Obrador received U.S. Special Climate Envoy John Kerry, the U.S. Embassy in Mexico…
Canirac to invest US$5 million for new businesses in Puebla
PUEBLA, PUE. – During this year, the restaurant sector expects to invest US$5 million for the opening of new local…
Kerry inaugurates its Global Business Services Americas in Queretaro
QUERETARO, QRO – Kerry Group, a leading Irish company in Taste & Nutrition, inaugurated its Global Business Services (GBS) Americas…
Watlow Mexico inaugurates new production plant in Queretaro
QUERETARO, QRO – The US Company Watlow Mexico inaugurated its fourth production plant in Queretaro, which had an investment of…
Mexico and Spain to boost investment
MEXICO – The governor of Queretaro, Mauricio Kuri Gonzalez, held a meeting with the Mexican ambassador to Spain, Quirino Ordaz…
Puebla expects 12 clean energy projects
PUEBLA, PUE – The Mexican Confederation of Employers (Coparmex) informed that there are 12 national and foreign companies that want…
Marcelo Ebrard invites Saudi businessmen to invest in Mexico
MEXICO – Foreign minister Marcelo Ebrard invited Saudi Arabian businessmen to invest and do business in Mexico, in sectors such…
Volkswagen continues betting on Guanajuato
SILAO, GTO – Volkswagen, the German automaker, will continue to invest in Guanajuato, since the company announced that it will…
South Korea seeks free trade agreement with Mexico
MEXICO – The South Korean government has determined that it will simultaneously take three different routes involving negotiations for a…
Mexican tomato production grew by 9.5% in the last decade
MEXICO – The tomato, one of the most profitable crops for the country, has recorded an average growth of 9.5%…
Mexico to bet on machinery and electrical devices industry
MEXICO – Mexico could consolidate its position as a leading market in manufacturing exports, with an increase of 2% to…
Banorte seeks investors to acquire Banamex
MEXICO – Banorte said that if the conditions of the sale of Banamex are favorable to its shareholders, it will…