Mexico’s Economy
Mexico’s economy could enter into technical recession
MEXICO – The Mexican economy registered the second post-pandemic fall in the fourth quarter of the 2021, by completing a…
Mexico closed 2021 with an 18.52% growth in exports
MEXICO – INEGI published the trade balance for January, where it highlights that total exports amounted to US$494 billion. This…
Pemex closes the purchase of the Deer Park refinery
TEXAS – Petroleos Mexicanos (Pemex) took over the operation of the Deer Park refinery in Texas, after concluding the purchase…
Mexico without great growth expectations in 2022
MEXICO – With the beginning of the year marked by the uncertainty brought by the omicron variant and its increase…
Fibra Mty made four new acquisitions for US$139 million
MONTERREY – Fibra Mty announced that it concluded its 2021 acquisition plan, during said period it purchased four projects for…
Guanajuato and Japan strengthen ties
LEON, GTO – The general director of JuventudEsGto, Toño Navarro, held a meeting with the Consul General of Japan in…
Constellation Brands to build plant in Veracruz
VERACRUZ – The beer company Constellation Brands will invest around US$5 and US$5.5 million in Mexico by 2026, mainly for…
Industrial real estate demand in Monterrey grew in 2021
MONTERREY – Mexico City and Monterrey have managed to have an industrial and corporate development that is ahead in Mexico,…
Canada and Mexico tie as U.S. trading partners
MEXICO – Canada and Mexico tied as trading partners of the United States from January to November 2021, with a…
Idefin announces construction of a new hotel in Quintana Roo
QUINTANA ROO – The Institute for Investment and Development of Quintana Roo (Idefin) announced that Grupo Boca de Agua S.A.P.I….
Cotton production in Mexico plummets by 33%
MEXICO – Cotton production in Mexico has plummeted by 33% from its all-time high in 2018-2019 to 261,000 tons, noted…
Queretaro allocates US$2.6 million to reactivate agricultural activity
QUERETARO – The Government of the State of Queretaro, through the Secretariat of Agricultural Development (SEDEA), invested more than US$2.6…
Real estate market rebounds in Jalisco
JALISCO – After being one of the sectors most affected by the economic crisis brought on by the COVID-19 pandemic…
Baja California and Chihuahua lead in labor quality
MEXICO – Baja California and Chihuahua, representatives of the northern border of the country, were the states that presented the…
Queretaro will start 2022 with 50 investment projects
QUERETARO – The portfolio of projects that are planning to be installed in the state is made up of 50…
