The US dollar is paid today at 19.43 Mexican pesos on average, which represents a change of 0.57% compared to the 19.33 pesos of the previous day. With respect to the last week, the US dollar has risen by 0.75%, which is why it has accumulated a rise of 7.12% since a year ago. According […]
AMLO seizes U.S.-owned port in final week as Mexico’s leader
President López Obrador’s actions have drawn criticism from international investors and U.S. business interests after Mexico’s expropriation of a U.S.-owned port in its final week. The move prevents Vulcan Materials Company, based in Alabama, from extracting limestone at a site it has been developing for decades. Shares in the company fell 1.2 percent to $249.46 […]
Japan-Mexico Cross Connect Launches to Boost Innovation in Guanajuato
Guanajuato has made a significant leap forward in its bid to become the innovation hub for Central Mexico by launching the Japan-Mexico Cross Connect initiative. This collaborative effort aims to strengthen ties between the two nations through knowledge and innovation exchange. According to Juan Antonio Reus Montaño, General Director of IDEA GTO, the state’s “Mentefactura” […]
Yucatán, a Benchmark in Nearshoring: Index
Yucatán was recognized by the National Council of the Maquiladora and Export Manufacturing Industry (Index) as an international benchmark for nearshoring and private investments due to its public security, geographical position, and new transportation projects promoted by the Government. The expansion projects of the Progreso Deepwater Port, as well as the vocation of the Maya […]
49th National Index Convention Kicks Off in Mérida, Yucatán in 2024
The 49th edition of the National Index Convention 2024 began in the city of Mérida, Yucatán, a space for analysis and dialogue that brings together key players in the country’s manufacturing and export industry. The event aims to propose strategies that allow the sector to position itself in the face of current challenges, in order […]
Are investments in Mexico on hold due to judicial reform? This is what we know
It will be until the medium or long term when the impact on possible technological investments that may or may not come to Mexico is really known; since it is necessary to wait for the publication of the secondary laws of the recently approved reform to the Judicial Branch, said Alejandra Lagunes, president of the […]
Amagi Expands Footprint in Latin America with Mexico Entry
Amagi, a global leader in cloud-based SaaS technology for broadcast and connected TV (CTV), has announced its entry into the Mexican market. This strategic move highlights Amagi’s commitment to global expansion and underscores its belief in the vast potential of the Latin American media and entertainment industry. Amagi has also appointed Miriam Rios as the […]
Inversiones Cítricas: A model of trust and growth in Yucatán”
The business model of Inversiones Cítricas is based on land ownership, providing legal and financial security to its partners. Inversiones Cítricas has emerged as one of the most attractive proposals in the dynamic agricultural landscape of the Yucatán Peninsula. In a region characterized by growing interest in high-value products such as avocados, pitaya, lime and […]
Reforms under discussion move Mexico away from providing legal certainty to attract investments
The initiatives to eliminate seven autonomous bodies and regulatory agencies go against the principles of the USMCA. The main concern of our trade partners focuses on the election by popular vote of judges. Instead of Mexico striving to provide the regulatory certainty and rule of law that investors, both domestic and foreign, have requested for […]
Chocolate maker Barry Callebaut halts production at Mexico plant
Swiss chocolate maker Barry Callebaut (BARN.S) has announced that its operations have been halted temporarily at a plant in Mexico. According to a spokesperson, tests conducted on production at this site revealed sub-standard results and failed to meet the company’s quality standards. In response, the company has initiated corrective measures to address the issue. The […]