Mexico’s Economy
FDI falls 9.9% due COVID-19
MEXICO – Mexico has received US$23.5 billion of Foreign Direct Investment (FDI) in the third quarter, a fall of 9.9%…
IKEA will open its first store in Mexico City during the first months of 2021
MEXICO CITY – The popular company of Swedish origin Ikea announced that the opening of its first physical store in…
Industry in Nuevo León begins to recover from the pandemic: Caintra
MONTERREY – The main indicators of local manufacturing which expanded during the month of October were: the physical volume of…
After a holiday, BMV closes at its best level since March
MEXICO – The Mexican Stock Exchange (BMV) closed the session this Tuesday with an advance of 2.84 due to an…
Employment catches its breath, but lags persist
MEXICO – Employed personnel in Mexico increased in the third quarter and 58% of the jobs lost due to the…
Peter Tempel, Germany Ambassador to Mexico
Editor’s Interview Would you like to start by sending a message about how the world is changing by the COVID-19…
Gicsa to invest US$167 million in Mexico
MEXICO – Next year the real estate developer Gicsa will inaugurate a new shopping center in the country that will…
Analysts foresee greater certainty for Mexico after Joe Biden’s victory
MEXICO – In the opinion of Luis Gonzalí, vice president and senior portfolio manager at Franklin Templeton, the arrival of…
Agri-food sector registers a US$9.7 billion surplus
MEXICO – The surplus of the trade balance of agri-food products of Mexico with the world reached US$9.7 billion between…
Elections in the U.S. lead to capital outflows from Mexico
MEXICO – Caused mainly by uncertainty prior to the U.S. presidential elections, Mexico scored a new outflow of foreign capital…
Mexico recovers more than 200,000 new jobs in October: IMSS
MEXICO – The job recovery in Mexico during the month of October was 200,641 jobs, equivalent to a monthly rate…
COVID-19 boosts Canadian investment in mining exploration in Mexico
MEXICO – The coronavirus pandemic brought with it an increase in the demand for metals and minerals for the energy,…
Pfizer’s vaccine announcement boosts shares of the airline industry
After the pharmaceutical company Pfizer announced that the initial effectiveness of its vaccine against COVID-19 was 90%, shares of various…
Germany in Mexico
By Arturo Chretin Germany is the fourth most powerful economy in the world after the United States, China and Japan….
Mexico, Latin America’s most attractive country for investment
MEXICO – , favored by a reduction in interest rates. “This environment of low interest rates is helping countries like…
