Mexico’s Economy
24% of German companies in Mexico plan to reduce their workforce
MEXICO – During the second half of 2020, 23.5% of German companies operating in Mexico will reduce their workforce between…
Mexican industry registered a 6.9% increase during July
MEXICO – Industrial production in Mexico registered a 6.9% increase at a monthly rate during July, the National Institute of…
Mexican government will allocate US$1 billion to the Airport System
MEXICO – The Federal Government will allocate a US$1 billion investment for the establishment of the Metropolitan Airport System, in…
Business Groups Accuse Baja California Governor of Extortion
BORDERNOW Staff Report Baja California businesses and business groups are accusing the Baja California Governor Jaime Bonilla of extorting payments…
Mining and metallurgical production register 1.5% increase in Mexico
MEXICO – The value of mining and metallurgical production in Mexico increased 1.5% at an annual rate in June based…
Guanajuato increases FDI inflows 81% during the first half of 2020
LEĂ“N – Foreign Direct Investment (FDI) in Guanajuato grew 81% during the first half of 2020, compared to the same…
200 thousand jobs a month are needed to recover from Covid-19: IDIC
MEXICO – In order for Mexico to have better conditions for growth, well-being and overcome the effects that the coronavirus…
Mexican foreign investment soars 316%
MEXICO –  Mexican companies’ investment abroad soared in the second quarter of this year, amid the pandemic despite the climate…
Mexican construction industry’s production increases 2.4%
MEXICO – The value of production generated by construction companies in the country registered an increase in June, the month…
7 million jobs were lost in Mexico during 2020 2Q: UBS
MEXICO – The economic analysis division of the Swiss investment bank UBS estimated that 7 million jobs have been lost…
The Business “New Normal” in Mexico
Charting the After Coronavirus Come Back By Sergio L. OrnelasMEXICONOW Editor The business “New Normal” in Mexico goes beyond home…
Mexico’s private sector to invest US$ 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…
