Despite the uncertainty surrounding the North American free trade agreement (T-MEC), Mexican businesses are showing resilience and optimism about their future prospects. The country’s maquiladoras, which temporarily import inputs to manufacture products for export, have a long history of adapting to economic ups and downs. For Marco Antonio López, president of SMK Electrónica in Tijuana, […]
Skål International Mexico National Assembly: A Meeting of Opportunities
On Saturday, February 1, the Palmar Beach Resort Puerto Morelos Hotel in Quintana Roo hosted the Skål International Mexico National Assembly, led by businessman Gabriel Larrea. The event gathered over 200 members from across the country, organized by the Skål Isla Mujeres-Puerto Morelos chapter under the leadership of Federico Gil. Skål boasts more than 900 […]
Buffett’s $1.24 Billion Bet on Modelo Maker Exemplifies Value Investing
Warren Buffett’s Berkshire Hathaway has invested $1.24 billion in Constellation Brands, the company behind popular Mexican beer brands such as Corona, Modelo, and Pacifico. This investment, disclosed in a Form 13-F regulatory filing released on Friday, now accounts for 0.5% of Berkshire’s portfolio, indicating Buffett’s confidence in the long-term prospects of the alcoholic beverage market. […]
Mayor Villalobos Highlights Mexico’s Role in McAllen’s Success at State of the City Address
During his 2025 State of the City Address, McAllen Mayor Javier Villalobos addressed why he spends considerable time in Mexico, emphasizing Mexico’s significant role in McAllen’s success. “Mexico believes in McAllen. Mexico embraces McAllen. Mexico invests in McAllen,” Villalobos stated. He highlighted the mutual dependence between McAllen and Mexico for trade, commerce, tourism, and even […]
Tequila and Mezcal Sales Rise Amidst Decline in U.S. Spirits Revenue; Tariffs Could Be Devastating
Despite maintaining market share leadership over beer and wine for the third consecutive year, the U.S. spirits industry experienced a revenue decline in 2024. According to the Distilled Spirits Council’s annual economic report, spirits supplier sales in the U.S. fell 1.1% to $37.2 billion, while volumes rose 1.1%. Revenue Decline After Two Decades This marks […]
Carlos Slim’s Recommendations for Trump’s Second Term
Carlos Slim, Mexico’s richest man and one of the world’s wealthiest individuals, shared his insights on various topics during his annual conference on Monday. Much of the discussion focused on U.S. President Donald Trump. Here are the key points from Slim’s address at his company’s headquarters in Mexico City: Focus on Global Leadership Slim emphasized […]
Arteli: The Mexican Store Challenging Costco and Sam’s Club Without Membership Fees
A 100% Mexican establishment, Arteli, is set to compete with American giants Costco and Sam’s Club by eliminating the need for membership fees. Costco and Sam’s Club are currently favorites among millions of Mexicans for their household purchases and daily offers. These two American chains compete by offering promotions and discounts across various departments, featuring […]
Portugal Offers Permanent Residency to Latin Americans: Requirements and Benefits
Portugal is making it easier for Latin Americans to emigrate, aiming to boost its population and economic growth. With a current expatriate community of half a million foreign residents, Portugal has become an attractive destination to live, offering a fascinating culture, low cost of living, and high quality of life. Why Emigrate to Portugal? Portugal […]
Tariffs Won’t Halt Growing Cross-Border Trade”
Despite President Donald Trump’s imposition of 25% tariffs on imports from Mexico and Canada, trade among the three countries is expected to continue growing, experts say. Trump signed an executive order on Saturday to impose the tariffs on Mexico and Canada, along with an additional 10% tariff on goods from China. Canadian energy imports will […]
AMEXME Riviera Maya Elects New Leadership to Empower Businesswomen
On a historic day for the Mexican Association of Businesswomen (AMEXME) Riviera Maya Chapter, the General Election Assembly was held, where members elected and took the oath of office for the new Board of Directors, reaffirming their commitment to the growth and leadership of women in the business sector. During the ceremony, Valeria Rindertsma took […]