To succeed in mining, technology and efficiency are not enough. Mining companies in Mexico also need to be aware of the security risks that affect the industry and how to deal with them, says Jorge Tello-Peón, Director of Madison Intelligence Mexico. The government may have a positive outlook on the country’s security situation, but the […]
The top US-Mexico business stories of 2023
Headlines include Mexico becoming US’ leading trading partner and the peso’s rise in value It’s been a busy year for cross-border trade, with everything from Mexico replacing China as the top U.S. trading partner to Tesla’s announcement that it would build a $5 billion electric vehicle plant in the Mexican city of Monterrey. Other major […]
Canadian company seeks Mexicans for employment with payment of more than 20 thousand pesos: Here are the requirements
If you are looking for work abroad, learn about the job offer of a Canadian company for Mexicans. A Canadian company belonging to the manufacturing sector announces a vacancy for the position of Production Operator with a salary of more than 20 thousand pesos. The position was published through the federal government’s Employment Portal. Below […]
Female talent gains relevance in Mexico’s semi-truck transportation industry
Women not only seek to be drivers of these vehicles with salaries of up to 50,000 pesos but also fleet entrepreneurs. The deficit of 60,000 operators in the motor transportation industry in Mexico broke the stereotype that a woman is relegated in a sector led by men and driving a trailer is almost impossible. Female talent […]
Chinese investment in Mexico
In an isolated, anecdotal way, or through international news or investment announcements by Chinese companies, we learn that that country is very active in investing in Mexico. However, in the official information of the Foreign Direct Investment (FDI) by the Ministry of Economy, it would seem that China’s investment activity in Mexico is not significant. […]
Yucatán is betting big on nearshoring
Yucatán, Mexico’s safest state is betting big on nearshoring, hoping to attract foreign investors who are weary of the rising criminality and government corruption in other parts of the country. Yucatán, a state that occupies about a third of its namesake peninsula, has historically had low crime in part because it is geographically isolated from […]
Mexican Energy Sector has “gigantic” needs (Sara Alarcon)
Mexican presidential candidate Claudia Sheinbaum’s team is discussing whether the nation should revive auctions for electricity and oil projects to help finance its vast energy requirements. The need for investment to boost capacity means that private players could potentially play a greater role in the nation’s state-dominated energy sector, said Diana Alarcon, one of the candidate’s […]
“Imposing tariffs on steel is not convenient for either the United States or Mexico” (Economy Minister Raquel Buenrostro)
Mexico will impose tariffs on steel if its biggest trading partner, the United States, enacts such measures first, Mexican Economy Minister Raquel Buenrostro said at a news conference on Tuesday. U.S. calls to impose tariffs on steel imports from Mexico have been politically motivated and are not good for trade, Buenrostro said. The Mexican minister […]
EE. UU. proposes to end its free trade agreement with Mexico if it accepts Chinese car factories
According to information published by the Reuters news agency, a US manufacturing trade group urged the administration of President Joe Biden to take the necessary steps to block the import of vehicles from low-cost Chinese manufacturers from Mexico, as they could threaten the viability of US automakers. The so-called Alliance for the United States, stated […]
AMLO’s decision to ban open-pit mining is scaring away important international investors
Mexican President Andres Manuel Lopez Obrador’s proposal to ban open-pit mining will generate uncertainty and curtail investment for the key sector, mining industry representatives said this week. Lopez Obrador announced the proposal to prohibit new concessions for open-pit projects last week amid a slew of initiatives as he looks to shape political debate ahead of […]