Mexico’s Economy
CFE’s net income falls 43.3% by half of 2026
The Federal Electricity Commission (CFE) reported a 43.3% drop in its net income during the second quarter of the year,…
Mexico’s GDP grew by 1.5%
The National Institute of Statistics and Geography (INEGI) forecasts that Mexico’s Gross Domestic Product (GDP) could grow by 1.5%; if…
Cummins Seeks to Increase Women’s Participation in the Industry
Cummins has expanded the scope of its Technical Education for Communities (TEC) program through the Center for Industrial and Service…
Fuji OOZX Will Invest 10.2 MDD in a Plant in Guanajuato
Fuji OOZX will invest approximately US$10 million to expand its plant in Guanajuato and increase its production capacity to 2.3…
Yucatan Seeks to Strengthen Its Tourism Industry
The Yucatán government and the Tourism Business Council (Cetur) have strengthened their partnership to help boost the competitiveness of the…
BBVA Reports US$3 Billion in Mexico
BBVA reported attributable earnings of US$3,395 million in Mexico during the first half of the year. 8.2% higher than the…
SAT tax liabilities decrease
The Tax Administration Service (SAT) reduced the tax debts of 36,185 taxpayers—comprising fines, surcharges, and enforcement costs—by more than US$330…
Pemex could replicate Brazil’s oil strategy
The CEO of CATEC has called on Pemex to replicate Brazil’s oil strategy, which has proven to increase the efficiency…
BBVA Mexico appoints its Country Manager
BBVA Mexico made changes to its Board of Directors: the bank announced that Jose Luis Elechiguerra was appointed Country Manager,…
Financial Restructuring: Veracruz’s New Strategy
Veracruz now has a new fiscal discipline policy, which has helped reduce its historical debt by 42 percent—from US$6 million…
Banorte, Banamex: High-Risk Loans
Moody’s, the financial credit rating agency, has issued a warning to institutions such as Banorte, Banamex, and Inbursa due to…
Mexico Could Have US$3.5 Billion for Projects
The World Bank Group has decided to provide Mexico with US$3.5 billion to be used for new private-sector projects. World…
The peso gains ground against the dollar
While the dollar reversed its gains, Mexico’s financial markets decoupled from Wall Street and closed with slight gains. With Wall…
AI adoption in banks: Risks vs. benefits
Within the financial system, the conversation about the adoption of artificial intelligence is focused on the benefits it offers as…
Mexican Funds record withdrawals of US$223 million
Investors withdrew nearly US$223 million from Mexican mutual funds with an explicit sustainability mandate—over a 12-month period ending in June…
