Mexico’s Economy
Chihuahua received US$1 billion in foreign direct investment
CHIHUAHUA – Chihuahua remains in the top 10 nationally as the state with the highest foreign direct investment (FDI) attraction,…
Aguascalientes has potential for nearshoring
AGUASCALIENTES – The Mexican Institute for Competitiveness (IMCO) identified the state of Aguascalientes as one of the 3 most attractive…
Chihuahua will promote 143 entrepreneurial projects from university incubators
CHIHUAHUA – With the objective of promoting the creation of 143 new businesses in Chihuahua, the Ministry of Innovation and…
AHMSA announces it will enter bankruptcy phase in Mexico
MEXICO – Altos Hornos de MĂ©xico (AHMSA) announced that it will enter the bankruptcy phase, after concluding the last extension…
Consolidating nearshoring, a big pending issue for Sheinbaum
MEXICO – The Ministry of Economy warned that two major pending issues that will remain for the administration of the…
Baja California seeks to attract more investment from Singapore
BAJA CALIFORNIA – With the objective of strengthening Baja California’s competitiveness at a global level by presenting investment opportunities, the…
Inflation in Mexico reaches its highest level
MEXICO – Mexico’s headline inflation reached an annual rate of 4.98% in June, the highest level in a year, according…
Mexico has the highest minimum wage increase
MEXICO – The Organization for Economic Co-operation and Development (OECD) highlighted the increase in nominal minimum wages in Mexico between…
Aguascalientes promoted in UK and Belgium
UNITED KINGDOM – In a recent working tour that included Belgium and the United Kingdom (UK), Aguascalientes consolidated its position…
Tamaulipas promotes border tourism
TAMAULIPAS – The Ministry of Tourism of Tamaulipas reached agreements with the consuls of San Antonio and Austin, Texas, to…
Gross fixed investment in Mexico recorded 18.1% year-over-year growth in April
MEXICO – Gross fixed investment in Mexico grew by 18.1% year-on-year last April, driven in particular by the machinery sector,…
Spain sees more business openness with Sheinbaum
MEXICO – Spanish investment expects to grow in Mexico amid a business environment with greater “closeness” and “openness” to dialogue…
Chihuahua reaches US$54.4 million in loans for MSMEs
CHIHUAHUA – The State Trust for Productive Activities of the State of Chihuahua (Fideapech) reached a historic figure of US$54.4…
Aguascalientes exports increase in 1Q 2024
AGUASCALIENTES – According to INEGI, exports in Aguascalientes increased for the first quarter of 2024 with respect to its annual…
External Factors Hammer The Peso Harder Than Reform Bills, Says Banxico
By Carlos ArredondoEver since Mexico’s Morena candidate Claudia Sheinbaum was declared president-elect afew weeks ago, the exchange rate went on…
