Mexico’s Economy
Mexican economy has its worst performance in more than 3 years
MEXICO – The National Institute of Statistics and Geography (Inegi) confirmed that in the second quarter of 2024 and with…
Canadian investment announcements in Mexico total US$2.3 billion
MEXICO – Public announcements of foreign investment in Mexico from Canada accumulate an expectation of US$2.3 billion, which would generate…
Chihuahua received US$1 billion in foreign direct investment
CHIHUAHUA – Chihuahua remains in the top 10 nationally as the state with the highest foreign direct investment (FDI) attraction,…
Aguascalientes has potential for nearshoring
AGUASCALIENTES – The Mexican Institute for Competitiveness (IMCO) identified the state of Aguascalientes as one of the 3 most attractive…
Chihuahua will promote 143 entrepreneurial projects from university incubators
CHIHUAHUA – With the objective of promoting the creation of 143 new businesses in Chihuahua, the Ministry of Innovation and…
AHMSA announces it will enter bankruptcy phase in Mexico
MEXICO – Altos Hornos de MĂ©xico (AHMSA) announced that it will enter the bankruptcy phase, after concluding the last extension…
Consolidating nearshoring, a big pending issue for Sheinbaum
MEXICO – The Ministry of Economy warned that two major pending issues that will remain for the administration of the…
Baja California seeks to attract more investment from Singapore
BAJA CALIFORNIA – With the objective of strengthening Baja California’s competitiveness at a global level by presenting investment opportunities, the…
Inflation in Mexico reaches its highest level
MEXICO – Mexico’s headline inflation reached an annual rate of 4.98% in June, the highest level in a year, according…
Mexico has the highest minimum wage increase
MEXICO – The Organization for Economic Co-operation and Development (OECD) highlighted the increase in nominal minimum wages in Mexico between…
Aguascalientes promoted in UK and Belgium
UNITED KINGDOM – In a recent working tour that included Belgium and the United Kingdom (UK), Aguascalientes consolidated its position…
Tamaulipas promotes border tourism
TAMAULIPAS – The Ministry of Tourism of Tamaulipas reached agreements with the consuls of San Antonio and Austin, Texas, to…
Gross fixed investment in Mexico recorded 18.1% year-over-year growth in April
MEXICO – Gross fixed investment in Mexico grew by 18.1% year-on-year last April, driven in particular by the machinery sector,…
Spain sees more business openness with Sheinbaum
MEXICO – Spanish investment expects to grow in Mexico amid a business environment with greater “closeness” and “openness” to dialogue…
Chihuahua reaches US$54.4 million in loans for MSMEs
CHIHUAHUA – The State Trust for Productive Activities of the State of Chihuahua (Fideapech) reached a historic figure of US$54.4…
