Mexico’s Economy

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,…

11 November, 2020

Pfizer’s vaccine announcement boosts shares of the airline industry

10 November, 2020

After the pharmaceutical company Pfizer announced that the initial effectiveness of its vaccine against COVID-19 was 90%, shares of various…

Germany in Mexico

10 November, 2020

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

9 November, 2020

MEXICO – , favored by a reduction in interest rates. “This environment of low interest rates is helping countries like…

Experts foresee a better economic outlook for Mexico after Biden’s victory

9 November, 2020

MEXICO – Joe Biden became the 46th president of the United States, and although his administration will find it difficult…

Mexico may “lose shine” if Biden wins U.S. presidential elections: Canacintra

6 November, 2020

MEXICO –   According to Enoch Castellanos, president of the National Chamber of the Transformation Industry (Canacintra), if Joe Biden, the…

Investments at Risk in Chihuahua if COVID-19 Restrictions Strengthen

6 November, 2020

By Nancy González CHIHUAHUA – On November 7th, all manufacturing sites in Chihuahua will be closed as a way to…

Mexico receives the largest flow of accumulated remittances

3 November, 2020

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

2 November, 2020

MEXICO – The Ministry of Finance and Public Credit (SHCP) stated that the “economic recovery is underway”. Proof of this,…

U.S. – Mexico Relations Outlook

30 October, 2020

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

29 October, 2020

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

28 October, 2020

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

28 October, 2020

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

27 October, 2020

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

26 October, 2020

SILAO – NestlĂ© MĂ©xico announced an investment of US$160 million to expand new production lines at the NestlĂ© Purina pet…

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