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Mexico’s Record Foreign Investment Awaits Nearshoring Wave
In 2023, Mexico is experiencing a record high in foreign investment as it anticipates the surge of the nearshoring trend.
The country got $32.926 billion...
Ebrard Steps Back from Presidential Bid in Mexico
Marcelo Ebrard, former Foreign Minister of Mexico, has decided not to register as a pre-candidate for the presidency with the Movimiento Ciudadano party.
This decision...
Brazil Still Wins the Battle for FDI Over Mexico, For Now
Gregorio Canales, CEO of North America Investment Solutions, says Brazil attracts more Foreign Direct Investment (FDI) than Mexico.
Brazil's economy is bigger and more open,...
Mexico’s Industry Reaches New Peak
Mexico's industrial activity experienced a 4.5% growth in September, as reported by the National Institute of Statistics and Geography (Inegi).
It's a big jump from...
Mexico’s Central Bank Stands Firm on Interest Rate
On Thursday, the Central Bank of Mexico, Banxico declared that it would maintain the current key interest rate.
This decision reflects progress in slowing down...
Moody’s Boosts Mexico’s Growth Outlook
Moody's Investors Service has revised its economic growth estimates for Mexico in 2023 and 2024 upward.
This optimism stems from a robust manufacturing sector and...
IMF Advises Mexico on Economic Revamp
On Wednesday, the International Monetary Fund (IMF) advised Mexico to implement comprehensive structural changes and increase tax revenues.
This advice aims to boost the country's...
Mexico Sees 3.3% Growth in Q3 2023
Despite high-interest rates and slowing inflation, Mexico's economy expanded by 3.3% in the third quarter of 2023, according to INEGI.
Primary activities increased 5.3%, secondary...
Mexico’s 2023 Trade Deficit Exceeds $10 Billion in Nine Months
Mexico's trade balance shows a deficit of over $10 billion for the first nine months of 2023.
The National Institute of Statistics and Geography (Inegi)...
Mexico Tightens Visa Rules for Transit Travelers
Starting October 22, Mexico will implement new visa rules targeting foreign travelers passing through the country.
The government has issued an official statement. It says...
LatAm Leaders Meet in Mexico to Address U.S. Migration
This Sunday, Latin American leaders will convene in Mexico to address unauthorized migration to the United States.
Mexico's President, Andrés Manuel López Obrador, is hosting...
Mexico’s Unwavering Support for Cuba Amid US Pressure
Mexico and Cuba have consistently fostered strong diplomatic, cultural, and trade relationships over the years.
In light of recent events, Mexican President Andrés Manuel López...
Global Shifts Raise Uncertainty in Mexico’s Economy
Experts from the Mexican Finance Executives Institute (MFEI) warn of rising uncertainty in Mexico's economy.
The institute's president, Jose Figueroa, emphasized this during a recent...
Mexico Tops Americas in Child Labor Rates
Mexico leads in child labor numbers in the Americas, according to the National Child Labor Survey (ENTI).
It reports 3.7 million children working in unsafe...