Mexico’s Economy
Mexican foreign investment soars 316%
MEXICO –  Mexican companies’ investment abroad soared in the second quarter of this year, amid the pandemic despite the climate…
Mexican construction industry’s production increases 2.4%
MEXICO – The value of production generated by construction companies in the country registered an increase in June, the month…
7 million jobs were lost in Mexico during 2020 2Q: UBS
MEXICO – The economic analysis division of the Swiss investment bank UBS estimated that 7 million jobs have been lost…
The Business “New Normal” in Mexico
Charting the After Coronavirus Come Back By Sergio L. OrnelasMEXICONOW Editor The business “New Normal” in Mexico goes beyond home…
Mexico’s private sector to invest US$ 13.6 million to promote the use of masks
MEXICO CITY – In order to promote the correct use of masks and prevent further coronavirus infections in Mexico, the…
Becton Dickinson invests US$9 million in Sonora
HERMOSILLO – The American medical device firm Becton Dickinson (BD), renowned for manufacturing Plastipack syringes, launched its 11th manufacturing facility…
Home Depot to invest US$14.5 million in Chihuahua
CHIHUAHUA – Through the zoom platform, the Home Depot corporate just announced to the mayor of Chihuahua, Maru Campos Galvan…
Pemex loses US$ 2 billion during 2020 2Q
MEXICO – The state company PetrĂłleos Mexicanos (Pemex) said in a statement that it registered a loss of US$2 billion…
Mexican economic activity dropped 21.6% during May
MEXICO – The health emergency caused by Covid-19 continues to put pressure on the national economy. During May 2020 the…
Mexican construction companies’ production fell 34.2% during May
MEXICO – The production value generated by construction companies in the country returned to record lows during May, due to…
Mercado Libre to invest US$27 million in MĂ©xico
MEXICO – The e-commerce platform Mercado Libre, announced an investment of US$27.1 million for its third distribution center in Mexico,…
México’s presidential plane comes back home
MEXICO – The Mexican presidential plane landed in Mexico City this Wednesday, after being stranded for more than a year…
Uncertainty Lowers FDI in Northern Mexico
By Nancy J. Gonzalez The cancelation of the New International Airport at Mexico City (NAICM) was the first warning sign…
Remittances Are Almost Immune to COVID-19
By Nancy J. Gonzalez Despite the ongoing COVID-19 pandemic, the flow of remittances from the U.S. to Mexico has not…
