Mexico’s Economy
COVID-19 boosts Chedraui online orders up to 6 times
MEXICO — Chedraui leverages sales growth during the confinement and the COVID-19 pandemic in e-commerce, as in some regions, such…
Grupo Modelo will deliver 600,000 bottles of drinking water due to Covid-19 pandemic
STATE OF MEXICO — Grupo Modelo, in collaboration with the government of the State of Mexico, delivered 100,000 bottles of…
Nearly 90,000 companies in Mexico City close their doors indefinitely: CANACOPE
MEXICO CITY — One month after the curtains were lowered due to sanitary measures, 88,809 businesses in Mexico City have…
15% of private companies in Mexico didn’t close despite the contingency caused by COVID-19
MEXICO — At a press conference, Hugo López-Gatell, federal undersecretary of Health, reported that 15% of companies in the private…
Constellation Brands donates US$500,000 to the Mexican Red Cross to fight COVID-19
MEXICO — The Constellation Brands brewery will donate US$500,000 to the Mexican Red Cross, which will be used to cope…
Cemex and Sedena join together to face COVID-19
MONTERREY — Cemex, together with the Ministry of National Defense (Sedena) sanitized various areas of the Monterrey Regional Special Military…
Walmart supports goods and service suppliers in Mexico during the COVID-19 pandemic
MEXICO — Walmart announced that it will shorten the payment terms for micro and small companies that are providers of…
Cemex will resume operations to support Mexico’s economy during the COVID-19 pandemic
MEXICO — Mexican cement maker Cemex will resume the operation of its 15 plants in Mexico to support the country’s…
Cemex stops operations in Mexico due to COVID-19
MEXICO — Cemex just announced the suspension of production in its 15 plants that it operates in Mexico, until April…
Grupo Modelo to suspend beer production due to health emergency
MEXICO — Grupo Modelo reported that it will complete the process of suspending its beer production and marketing operations starting…
58% of companies postponed or canceled investments in Mexico and the U.S. due to COVID-19: PwC
MEXICO — Due to the coronavirus pandemic, 58% of companies in Mexico and the U.S. deferred or canceled a planned…
Mexico could become U.S. main supplier due to COVID-19
MEXICO — The latest report by Oxford Business Group indicated that the relatively contained response that Mexico has had to…
Roche to invest $US27 million in Mexico
MEXICO — The pharmaceutical company Roche will invest about US$27 million in Mexico by 2021, reported Daniele Galbiatti, director of…
FIBRAs Encourage Real Estate Investments in Mexico- Part 2
During 2019, what were the three main industrial sectors and the three main growth regions for industrial and logistics real…
FIBRAs Encourage Real Estate Investments in Mexico- Part 1
By Iván Iglesias Since its authorization in 1960 in financial markets, this vehicle seeks to encourage investment in large-scale commercial…
