Mexico’s Economy
Remittances to Mexico increased by 8.7% between January and November 2023
MEXICO – In a report by the Bank of Mexico (Banxico), it was established that there was a year-on-year increase…
Chihuahua strengthens trade relations with Taiwan
CHIHUAHUA – With the objective of strengthening commercial ties between Chihuahua and Taiwan, state authorities participated in a business mission…
Sonora could become the epicenter of nearshoring in Mexico
SONORA – The governor of Sonora, Alfonso Durazo Montaño, highlighted that the state has positioned itself as the epicenter of…
Chihuahua records the third highest economic growth in Mexico
CHIHUAHUA – The state of Chihuahua recorded a historic growth of its Gross Domestic Product (GDP) during 2022, ranking third…
Formal employment in Mexico grows by 5.2% in November
MEXICO – Formal employment in Mexico during November grew by 5.2% compared to the same month last year, according to…
Mexican economy grew by 1% in the third quarter of 2023
MEXICO – During the third quarter of 2023, Mexico’s GDP registered an expansion of 1.1% compared to the previous quarter,…
Chihuahua accumulates US$1.5 billion of FDI in 2023
CHIHUAHUA – Chihuahua accumulated US$1.5 billion of Foreign Direct Investment (FDI) in the third quarter of 2023, thanks to the…
Reduced working hours will increase prices of products and services: CCE
MEXICO – The Business Coordinating Council (CCE) asked the deputies to allow a dialogue with the employers’ sector before approving…
Nuevo Leon sees potential in Asia as an investment destination
NUEVO LEON – Governor Samuel GarcĂa SepĂşlveda began a tour through Asia, in which he assured that he has already…
Querétaro strengthens ties with Germany
QUERETARO – The governor of QuerĂ©taro, Mauricio Kuri González, held a meeting with the German ambassador to Mexico, Wolfgang Dold,…
Mexico can capture US$50 billion from nearshoring
MEXICO – The National Council of the Maquiladora and Manufacturing Export Industry (Index) estimates that Mexico will receive investments of…
Jalisco could announce US$1.6 billion in foreign investments
JALISCO – Between September, October and November, Jalisco’s Secretariat of Economic Development (Sedeco) could announce the attraction of US$1.6 billion…
NL reaffirms its alliance with the U.S. for the development of binational projects
NUEVO LEON – The Governor of Nuevo Leon, Samuel Garcia Sepulveda, and the U.S. Ambassador to Mexico, Ken Salazar, have…
China, Taiwan and the U.S. interested in investing in Querétaro
QUERETARO – A group of businessmen from the United States, China, Singapore, Taiwan, Germany and Japan see potential in QuerĂ©taro…
Mexico’s gross fixed investment grows by 18.8% year-on-year in the first half of the year
MEXICO – Mexican gross fixed investment grew by 18.8% year-on-year in the first half of 2023, driven in particular by…
