Mexico’s Economy

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…

16 April, 2020

Constellation Brands donates US$500,000 to the Mexican Red Cross to fight COVID-19

15 April, 2020

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

15 April, 2020

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

14 April, 2020

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

7 April, 2020

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

6 April, 2020

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

3 April, 2020

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

1 April, 2020

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

30 March, 2020

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

13 March, 2020

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

11 March, 2020

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

10 March, 2020

By Iván Iglesias Since its authorization in 1960 in financial markets, this vehicle seeks to encourage investment in large-scale commercial…

NH Hotel Group to open four new hotels in Mexico

10 March, 2020

MEXICO — The Spanish chain NH will add four new properties to its hotels’ portfolio in Mexico, aiming to turn…

AT&T invests US$12 million in Nuevo Leon

4 March, 2020

SAN NICOLAZ DE LOS GARZA — With an investment of US$12 million, the AT&T company inaugurated an electromechanical infrastructure center…

Mercado Libre to invest US$420 million in Mexico

28 February, 2020

MEXICO — In the framework of the first edition of the MELIXP, a technology and innovation event where topics on…

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