Mexico’s Economy

Nuevo LeĂłn will offer tax incentives to attract nearshoring investments

NUEVO LEON – The governor of Nuevo Leon, Samuel Garcia Sepulveda, announced that the state will offer tax incentives and…

15 January, 2024

Oaxaca was the state that grew the most in economic terms

12 January, 2024

MEXICO – During 2023, good dynamism has been observed in the Mexican economy, practically in all 32 Mexican states. In…

Remittances to Mexico increased by 8.7% between January and November 2023

2 January, 2024

MEXICO – In a report by the Bank of Mexico (Banxico), it was established that there was a year-on-year increase…

Chihuahua strengthens trade relations with Taiwan

20 December, 2023

CHIHUAHUA – With the objective of strengthening commercial ties between Chihuahua and Taiwan, state authorities participated in a business mission…

Sonora could become the epicenter of nearshoring in Mexico

15 December, 2023

SONORA – The governor of Sonora, Alfonso Durazo Montaño, highlighted that the state has positioned itself as the epicenter of…

Chihuahua records the third highest economic growth in Mexico

12 December, 2023

CHIHUAHUA – The state of Chihuahua recorded a historic growth of its Gross Domestic Product (GDP) during 2022, ranking third…

Formal employment in Mexico grows by 5.2% in November

6 December, 2023

MEXICO – Formal employment in Mexico during November grew by 5.2% compared to the same month last year, according to…

Mexican economy grew by 1% in the third quarter of 2023

24 November, 2023

MEXICO – During the third quarter of 2023, Mexico’s GDP registered an expansion of 1.1% compared to the previous quarter,…

Chihuahua accumulates US$1.5 billion of FDI in 2023

23 November, 2023

CHIHUAHUA – Chihuahua accumulated US$1.5 billion of Foreign Direct Investment (FDI) in the third quarter of 2023, thanks to the…

Reduced working hours will increase prices of products and services: CCE

17 October, 2023

MEXICO – The Business Coordinating Council (CCE) asked the deputies to allow a dialogue with the employers’ sector before approving…

Nuevo Leon sees potential in Asia as an investment destination

12 October, 2023

NUEVO LEON – Governor Samuel GarcĂ­a SepĂşlveda began a tour through Asia, in which he assured that he has already…

Querétaro strengthens ties with Germany

10 October, 2023

QUERETARO – The governor of QuerĂ©taro, Mauricio Kuri González, held a meeting with the German ambassador to Mexico, Wolfgang Dold,…

Mexico can capture US$50 billion from nearshoring

2 October, 2023

MEXICO – The National Council of the Maquiladora and Manufacturing Export Industry (Index) estimates that Mexico will receive investments of…

Jalisco could announce US$1.6 billion in foreign investments

22 September, 2023

JALISCO – Between September, October and November, Jalisco’s Secretariat of Economic Development (Sedeco) could announce the attraction of US$1.6 billion…

NL reaffirms its alliance with the U.S. for the development of binational projects

20 September, 2023

NUEVO LEON – The Governor of Nuevo Leon, Samuel Garcia Sepulveda, and the U.S. Ambassador to Mexico, Ken Salazar, have…

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