Mexico’s Economy
IEPS revenue from soft drinks rose 58%
The revenue from the Special Tax on Production and Services (IEPS) on flavored beverages such as soft drinks and juices…
Mexico and Japan are strengthening their economic ties.
The foreign ministers of Mexico and Japan have announced the creation of a joint working group to “strengthen economic ties”…
Higher Logistics Costs and Customs Controls Under the USMCA
Customs inspections under the TMEC have increased, placing significant pressure on Mexico’s manufacturing industry, particularly in sectors such as automotive,…
T+H Automotive is investing approximately US$5 million in Tlajomulco
T+H Automotive has inaugurated the expansion of its plant in Tlajomulco, Jalisco, with an investment of approximately US$5 million, which…
Nearshoring: A Major Source of Jobs in Mexico
Banamex, the Mexican full-service bank, has conducted an analysis of the electronics, aerospace, medical disposables, and electronic medical equipment industries,…
Mexico’s GDP rises from 50.4% to 51%
The Ministry of Finance and Public Credit (SHCP) has reported that Mexico’s net public debt reached 51% of its Gross…
Tamaulipas and the Increase in MSME Exports to Texas
Tamaulipas has launched a program aimed at strengthening the export capacity of micro, small, and medium-sized enterprises (MSMEs) to facilitate…
Morelos Exports Tons of Avocados to Dubai
In Morelos, producers in Tetela del Volcán have shipped 1.7 metric tons of avocados by air to Dubai, United Arab…
The Treasury Cuts Tax Incentives for Diesel, Magma and Premium.
The federal government through the Ministry of Finance and Public Credit (SHCP) has announced that there will be a reduction…
SAT & ANAM extend deadline for importing value declarations
The Tax Administration Service (SAT) and the Mexican National Customs Agency (ANAM) announced an extension of the deadline for filing…
The Secretary of Economy will provide loans to footwear companies.
The Secretary of Economy has decided to reopen the loan program for micro, small, and medium-sized footwear companies, an industry…
Pemex Reports Net Income of US$ 900
Petroleos Mexicanos has reported a US$900 million increase in net income, reducing its financial debt by 9%. Pemex saw an…
Megacable exceeds 6 million subscribers in Mexico
Megacable posted strong results from April through June: during the second quarter of this year, the Guadalajara-based company reported net…
South Korea: New Market for Jaliscience Avocados
Producers and local authorities in Jalisco are pushing to open up the avocado market, insisting that South Korea could be…
Puebla Seeks to Boost Business in Morocco
The Secretariat of Economic Development and Labor (Sedetra) has decided to send a sample collection of twenty-eight products bearing the…
