Mexico’s Economy

Agricultural exports grow 6.4% during 20201Q

MEXICO – The Ministry of Agriculture and Rural Development (Sader) reported that between January and April 2020, exports of agricultural…

10 June, 2020

Mercado Libre to generate 1,250 new jobs in Mexico

4 June, 2020

MEXICO –  Mercado Libre announced that it will add 5,000 jobs between June and December of this year, 25% of…

Wyndham, Iberostar and Xcaret to reopen hotels in Mexico

2 June, 2020

MEXICO – During this month, Wyndham, Iberostar and Xcaret will reopen their properties in Mexico, following sanitation protocols and new…

Mexico’s GDP will drop 8% according to private sector analysts

2 June, 2020

MEXICO – Private sector analysts expect Mexico’s economy to contract 7.99% at the end of this year. The survey released…

Only 6% of Mexican construction companies have resumed operations

1 June, 2020

MEXICO – Only 491 construction companies will resume operations after the construction sector has been declared as essential; just 6%…

Mexican economy’s recovery will depend on the pandemic’s scope

28 May, 2020

MEXICO – The members of the Board of Governors of Banco de México (Banxico) consider that the recovery of the…

Mexican economy to drop 9.2% this year: Monex

27 May, 2020

MEXICO  –  Economic activity in Mexico will contract 9.2% this year, due to the adverse effects of the coronavirus pandemic,…

VSZ-20, the Mexican ventilator developed for COVID-19 patients

26 May, 2020

MEXICO –  Given the growing demand for ventilators for COVID-19 patients, biomedical engineers from the National Institute of Medical Sciences…

Mexico’s economy will contract 10% this year, predicts BofA

25 May, 2020

MEXICO – The Bank of America Securities (BofA) expects Mexico’s economy to contract 10% this year. This figure is worse…

El Chepe to boost touristic sector in Mexico

22 May, 2020

MEXICO – As part of its strategy to encourage tourism between Chihuahua and Sinaloa, the El Chepe tourist train will…

Head & Shoulders provides Mexican medical personnel with more than 1,300 protection kits

22 May, 2020

MEXICO  – Head & Shoulders donated through the CADENA association an economic equivalent to more than 1,300 protection kits for…

Grupo Modelo to launch beer made with Mexican barley

21 May, 2020

MEXICO –  Grupo Modelo reported  that it will brew a special edition beer with barley purchased from Mexican producers during…

Mexican Company Clip launches remote payment service for SMEs

21 May, 2020

MEXICO –  The Mexican company Clip launched a remote payment service which will allow small and medium-sized companies (SMEs) and…

Mexico City’s government will provide support credits for informal vendors

19 May, 2020

MEXICO CITY – The head of the Government of Mexico City, Claudia Sheinbaum, said on a statement that loans will…

Mexican construction industry to restart operations as of May 18th

14 May, 2020

MEXICO — On Monday May 18th, the construction industry will restart operations after the General Health Council published an agreement…