Mexico’s Economy
Wyndham, Iberostar and Xcaret to reopen hotels in Mexico
MEXICO – During this month, Wyndham, Iberostar and Xcaret will reopen their properties in Mexico, following sanitation protocols and new…
Mexico’s GDP will drop 8% according to private sector analysts
MEXICO – Private sector analysts expect Mexico’s economy to contract 7.99% at the end of this year. The survey released…
Only 6% of Mexican construction companies have resumed operations
MEXICO – Only 491 construction companies will resume operations after the construction sector has been declared as essential; just 6%…
Mexican economy’s recovery will depend on the pandemic’s scope
MEXICO – The members of the Board of Governors of Banco de México (Banxico) consider that the recovery of the…
Mexican economy to drop 9.2% this year: Monex
MEXICO – Economic activity in Mexico will contract 9.2% this year, due to the adverse effects of the coronavirus pandemic,…
VSZ-20, the Mexican ventilator developed for COVID-19 patients
MEXICO – Given the growing demand for ventilators for COVID-19 patients, biomedical engineers from the National Institute of Medical Sciences…
Mexico’s economy will contract 10% this year, predicts BofA
MEXICO – The Bank of America Securities (BofA) expects Mexico’s economy to contract 10% this year. This figure is worse…
El Chepe to boost touristic sector in Mexico
MEXICO – As part of its strategy to encourage tourism between Chihuahua and Sinaloa, the El Chepe tourist train will…
Head & Shoulders provides Mexican medical personnel with more than 1,300 protection kits
MEXICO – Head & Shoulders donated through the CADENA association an economic equivalent to more than 1,300 protection kits for…
Grupo Modelo to launch beer made with Mexican barley
MEXICO – Grupo Modelo reported that it will brew a special edition beer with barley purchased from Mexican producers during…
Mexican Company Clip launches remote payment service for SMEs
MEXICO – The Mexican company Clip launched a remote payment service which will allow small and medium-sized companies (SMEs) and…
Mexico City’s government will provide support credits for informal vendors
MEXICO CITY – The head of the Government of Mexico City, Claudia Sheinbaum, said on a statement that loans will…
Mexican construction industry to restart operations as of May 18th
MEXICO — On Monday May 18th, the construction industry will restart operations after the General Health Council published an agreement…
SECTUR to gradually reopen Mexican tourist destinations
MEXICO — The Ministry of Tourism (Sectur by its initials in Spanish) is currentrly working on protocols to restart activities,…
Mexican touristic sector registers a US$20.7 billion loss due to the Coronavirus contingency
MEXICO — In about six weeks, the country’s tourism industry erased almost a third of its income, a loss that…
