Mexico’s Economy
Mexico receives the largest flow of accumulated remittances
MEXICO – The remittances that 1.8 million families have received in Mexico between January and September amount to US$30 billion,…
Mexican economy recovery is underway: SHCP
MEXICO – The Ministry of Finance and Public Credit (SHCP) stated that the “economic recovery is underway”. Proof of this,…
U.S. – Mexico Relations Outlook
A Complex & Interdependent Relationship By Sergio L. OrnelasMEXICONOW Editor Throughout its history Mexico has had a love-hate, lopsided relationship…
Cemex registers US$1.5 billion net loss due to COVID-19
MEXICO – Cemex reported a net loss of US$1.5 billion during the third quarter of 2020, compared to a profit…
Mexico stands out worldwide regarding FDI inflows
MEXICO – Mexico was ranked second place among a group of countries with the highest arrivals of Foreign Direct Investment…
Siemens to invest US$14 million in Mexico
MEXICO – The innovation firm Siemens will invest US$14 million in Mexico between 2020 and 2021, mainly focused on innovation…
Chinese investment keeps arriving in Monterrey
MONTERREY – Chinese investments are expanding throughout the industrial real estate market in Monterrey and its metropolitan area, motivated by…
Nestlé to invest US$160 million in Guanajuato
SILAO – NestlĂ© MĂ©xico announced an investment of US$160 million to expand new production lines at the NestlĂ© Purina pet…
Amazon to invest US$100 million in Mexico
MEXICO – Amazon invested US$100 million in the opening new warehouses in Mexico in an attempt to offer faster deliveries,…
Ministry of Economy has met with 125 foreign companies
MEXICO – To attract foreign direct investment (FDI) to the country, since August last year, the Ministry of Economy has…
Dos Bocas refinery will be inaugurated on July 1, 2022: AMLO
TABASCO – From ParaĂso, Tabasco, President AndrĂ©s Manuel LĂłpez Obrador announced that the Dos Bocas refinery (which registers a 24%…
Switzerland has an interest in investing in Mexico
MEXICO – Switzerland seeks to add and not subtract, so even with the changes that the current administration has made…
Medical industry to create 85,000 jobs in Baja California
BAJA CALIFORNIA – The maquiladora industry of medical devices in the state of Baja California could close the year with…
Businessmen show greater confidence in Mexico’s economy
MEXICO – The expectations of entrepreneurs in manufacturing, construction and commerce improved regarding the future economic situation of the country…
Young people and women, the most affected by the pandemic: ILO
The effect of the COVID-19 pandemic on the labor market “hit rock bottom”, with Latin America and the Caribbean being…
