Aeromexico begins process of Chapter 11
MEXICO CITY – Grupo AeromĂ©xico announced on Tuesday that the company and some of its subsidiaries began a voluntary process…
Mexican employed personnel in the manufacturing industry fell 3.71%
MEXICO – According to the National Institute of Statistics and Geography (INEGI), the Manufacturing Industry, Maquiladora and Export Services (IMMEX)…
USMCA will be a factor in the economic recovery of BC
BAJA CALIFORNIA – The trade agreement between the United States, Mexico and Canada (USMCA) will bring to Baja California a…
The IATA-Canaero scheme, a cornerstone for the recovery of the aviation industry
MEXICO – As of July 1st, the new joint operation scheme between the National Chamber of Air Transport (Canaero) and…
Entrepreneurs launch support program for micro-businesses in Nuevo Leon
NUEVO LEON – FundaciĂłn Unir y Dar, which is made up of Nuevo Leon’s large companies, launched the #ReactivaNL program…
Reopening of shopping centers in Juarez is analyzed
CIUDAD JUAREZ – Shopping centers and movie theaters in the city expect to begin reopening in the next few days,…
Foreign firms maintain projects in Nuevo Leon
NUEVO LEON – Despite the pandemic, foreign companies are maintaining their plans to invest in Nuevo LeĂłn this year, although…
30 auto parts assembly plants in Puebla resumed operations
PUEBLA – Starting this Monday, 30 auto parts assembly plants resumed activities at 30% of their productive and personnel capacity,…
CRE laying off 40% of staff amid the Covid-19 pandemic
MEXICO – The Energy Regulatory Commission (CRE) recently made a massive cut which includes 40% of its staff, according to…
Supreme Court declines to hear border wall challenge
29 June, 2020WASHINGTON – The Supreme Court is leaving in place a decision that rejected environmental groups’ challenge to sections of wall…
FDA revisits food safety with Mexican papaya industry
29 June, 2020TEXAS – The Food and Drug Administration has issued a second notice to the importance of food safety measures to…
Ascenty to invest US$350 million in MĂ©xico
29 June, 2020QUERETARO – The Brazilian company Ascenty announced the construction of two data centers in QuerĂ©taro, for which it will allocate…
JV Acquires US$72 million Phoenix Multifamily
29 June, 2020TEMPE, AZ – The joint-venture partnership of FCP and Tides Equities has acquired a 442-unit apartment community in Tempe, AZ…
San Diego creates new marijuana business regulatory agency
29 June, 2020SAN DIEGO – San Diego has joined cities like Los Angeles, Sacramento and San Francisco in creating a cannabis-specific agency…
Aeroméxico to receive US$100 million financial support from AIMIA
29 June, 2020MEXICO – Grupo AeromĂ©xico said in a statement that it reached an agreement with the Canadian travel consolidator AIMIA, which…
There will be no layoffs: Interjet
29 June, 2020MEXICO – Interjet promised that, according to negotiations between the company’s Section 15 workers and the Mexican airline, there will…
Kia Motors MĂ©xico operates at a 30% capacity
29 June, 2020PESQUERIA – The KIA assembly plant in PesquerĂa, Nuevo LeĂłn, currently operates at 30% of its capacity and continues to…
BORDERNOW July 2020
29 June, 2020Mexico’s construction sector loses 340,000 jobs due to COVID-19
26 June, 2020MEXICO – The construction industry has lost nearly 340,000 jobs nationwide due to the coronavirus pandemic, representing 43% of the…
Mexican retailer Grupo Famsa looks for Chapter 11 protection
26 June, 2020MEXICO – Grupo Famsa, a retail sector firm, has filed for bankruptcy protection in the United States, according to a…
