The coronation of Frederick X as the new king of Denmark this Sunday represents a change in the executive power of the second most important trading partner for Mexico among the Nordic nations and one of the main co-participants in the sustainable agenda towards 2030. Just at the end of last November, President Andrés Manuel […]
Mexico is the second largest exporter of chairs in the world
The sales of chairs abroad were 7.3 million dollars, which represents an increase of around 1.1 million dollars compared to the previous year, according to the Association of Furniture Manufacturers of Jalisco. The Association of Furniture Manufacturers of Jalisco (Afamjal) reported that chair exports increased 18 percent, which positioned Mexico as the second largest seller […]
Nearshoring in Mexico at risk if Trump wins elections: analysts
Experts say that if the relocation of chains is not consolidated in two years in the country, it will not happen. The rise of the phenomenon of the relocation of chains or ‘nearshoring’ in Mexico could be endangered if former US President Donald Trump prevailed in the presidential elections next November, financial analysts said on […]
Using Banks, Credit Cards & ATMs in Mexico
There’s a whole new generation of credit card skimmers at Walmart et al that are surprisingly good… Can you spot the fake… from the real one? …. Because the thieves have to snap the skimmer mask over to the real credit card reader, the fake ~skimmer~ is a little wider, and a little taller. […]
Coca-Cola’s ESG strategy in Mexico: recycling, water, and women
Coca-Cola Mexico, as part of the Mexican Coca-Cola Industry, has a clear commitment to sustainability that goes beyond greenwashing. The company has set ambitious goals for 2030 in three key areas: recycling more packaging, returning water to nature, and empowering women economically. This was revealed by Patricio Caso, vice president of Public Affairs, Communication and […]
The richest men in Mexico: How much did their fortune grow in 2023?
The year 2023 was a good one for the richest men in Mexico, according to the Forbes ranking. The combined wealth of the 12 Mexican billionaires on the list increased by 23.7%, from $97.9 billion to $121.1 billion. The richest man in Mexico and the 12th richest in the world is Carlos Slim Helú, who […]
How would work schedules in Mexico be with the labor reduction?
The Mexican government has proposed a bill to reduce the working hours from 48 to 40 per week, without affecting the workers’ income. This initiative aims to improve the quality of life, health, and productivity of the workers, as well as to promote a better balance between work and family. The bill, presented by the […]
Endangered Fish in Health Supplement? Startup Company in Mexico Accused of Violating Trade Laws
A Mexican company faces legal trouble for using a threatened fish species as a health supplement ingredient. The company, The Blue Formula, sells a powder that contains totoaba fish extract, which it calls “nature’s best-kept secret.” The powder, which costs about $115 for 200 grams, is supposed to be mixed with a drink and provide […]
Experts say Nearshoring in Mexico will end the AMLO Era
Mexico was on the radar of investors this year and attention was particularly focused on the alleged effects of nearshoring, at the same time that President Andrés Manuel López Obrador heads to the final stretch of his Government and in 2024 Mexicans will return to the polls for federal elections. Between January and September 2023, […]
Nearshoring: 3,000 companies want to invest in Mexico and Scotiabank seeks to take advantage of it
On Scotiabank’s radar of opportunities there are at least 3,000 companies from around the world that are committed to nearshoring and identify Mexico as an excellent platform to invest in manufacturing capacity; Therefore, the Canadian bank wants to take advantage of this phenomenon to grow rapidly in the country and be the financial provider par […]