Between Nearshoring and Divestment, Real Estate Trusts Expand in Mexico
The industrial portfolios of the Trusts operating in the country increased by about 2% in the last 12 months, according to SiiLA. The real estate trust sector (Real Estate Investment Trusts, or Fibras) has shown moderate growth, marked by strong demand for industrial warehouses due to the reconfiguration of supply chains (nearshoring) and adjustments in […]
‘Oktoberfest’ in Mexico
There are undoubtedly many challenges, many that our country faced in 2018 and were not resolved, and new ones left by the now former president López Obrador. Oktoberfest is the festival celebrated in the German city of Munich from mid-September to mid-October since 1810, where drinking beer is part of the tradition. However, I regret […]
Starbucks Mexico Launches Starbucks Days: Four Days of Gratitude for Its Community
From October 7 to 10, customers can enjoy large beverages for $49 MXN and support the APAC I.A.P. labor inclusion project by purchasing a commemorative bracelet. For the first time, Starbucks Mexico, operated by business partner Alsea, introduces Starbucks Days, a new initiative designed to express gratitude to those who are part of the Starbucks […]
This is the Number of Major Hurricanes Forecasted for Mexico for the Rest of 2024
Cyclonic activity in both ocean basins reflects a pattern of high activity this season. Hurricane Milton raised alarms in Mexico due to its rapid evolution, going from a tropical storm to a Category 5 hurricane on the Saffir-Simpson scale in less than 24 hours, the first of this magnitude to directly hit our country. According […]
South Korea desires an FTA with Mexico
The Minister of the Interior and Security, Sang Min Lee, attended the inauguration of President Claudia Sheinbaum; the topic of digitalization is key in Mexico. The Minister of the Interior and Security of South Korea, Sang Min Lee, was sent by President Yoon Suk Yeol to the inauguration of President Claudia Sheinbaum. The minister gave […]
Opening Value of the Dollar in Mexico Today, October 9: Peso Continues to Decline After Inflation Report
This was the behavior of the US dollar during the first minutes of the trading session. After the stock market opened, the US dollar is trading today at an average of 19.40 Mexican pesos, representing a 0.25% change compared to the previous session, when it was at 19.35 pesos. Over the past seven days, the […]
Canadian Dollar Price in Mexico Today, October 9
These are the latest movements recorded in the exchange rate between the Mexican and Canadian currencies. The Mexican peso is one of the 10 most traded currencies in the international foreign exchange market, the most traded in Latin America, and the third in the entire continent. Its value is of great importance both nationally and […]
Closures at Puebla Airport, Affecting the Mexico-Puebla Highway TODAY, October 9
Caminos y Puentes Federales (CAPUFE) announced that they will carry out re-leveling work on the bridge connecting to Puebla International Airport (AIP) towards Mexico City, so there will be no access to the airport via this route. Will there be a closure on the Mexico-Puebla Highway? In a press release, Caminos y Puentes Federales (CAPUFE) […]
Mexico Needs Private Investment in Energy, Economy Minister Says
Mexico’s new president, Claudia Sheinbaum, plans to establish clear guidelines for private investment in the power sector, acknowledging the state’s limited resources to expand renewable energy and address electricity supply and distribution issues, according to a top cabinet official. Sheinbaum is expected to present a plan detailing the roles of private investors on October 15 […]