To receive fiscal benefits, such as up to 100% ISR exemption, taxpayers must obtain a certificate issued by the SHCP through the Tax Revenue Policy Unit, following a favorable opinion from the competent state authority. The Ministry of Finance and Public Credit (SHCP) has published the guidelines for fiscal benefits for companies investing in development […]

The Bank of Mexico reduced its benchmark interest rate by 25 basis points to 10.50% on Thursday, marking a second consecutive reduction as price pressures continue to ease in Latin America’s No. 2 economy. In an optimistic tone, the bank hinted at potential future cuts to the key borrowing rate. The decision was not unanimous […]

Twenty years ago, Presidents George H.W. Bush and Brian Mulroney made a risk-filled wager. The agreement they signed was the North American Free Trade Agreement (Nafta), which aimed to transform Mexico into a multi-party democracy with strong institutions and an economy similar to those of the US and Canada. The gamble paid off. Mexico became […]

Former President Donald Trump has proposed a 100% tariff on cars imported from Mexico as part of his plan to boost American manufacturing. He wants German car companies to become American car companies and build their plants in the US. If implemented, this could cause significant upheaval in the auto industry, as many automakers currently […]

In an unassuming building within an industrial park in central Mexico, vast rooms are filled with rows of servers adorned with blue lights, buzzing with activity and cooled by numerous small fans and large vents that blast air across the space. “Datacentres are the lungs of digital life,” says Amet Novillo, managing director of Equinix […]

Recent data reveals a significant increase in trade between China and Mexico amidst intense tariff discussions during the presidential campaign. Customs data indicates a notable rise in raw materials and components from China entering Mexico, where they are manufactured into fully assembled products and then transported to the U.S. by rail or truck. “We are […]

According to Forbes’ recent update on the strongest currencies in the world for 2024, the US dollar has surprisingly failed to make it into the top 5 list. Similarly, the local currencies of BRICS countries have also not been able to secure a spot within the top 10 list and are positioned below the US […]

The City Council has little influence on economic matters, but according to economist Gabriel Rodríguez Cedillo, an academic at the Faculty of Economics at Uady, it is time to specialize in addressing the city’s purely economic aspect and think about sustainable growth. In the first installment of a series on expectations in different areas of […]

The president of the Energy Cluster of Nuevo León, César Cadena, and partner at the law firm Santos Elizondo, Jorge Arrambide agree that the reform to the Judicial Power in Mexico is impacting the arrival of investments in Nuevo León. And Texas, with cheaper energy and fiscal incentives, emerges as a strong rival in the […]

Portfolio investment is the investment made between countries in financial instruments, such as stocks in stock exchanges or debt bonds. In the second quarter of 2024, a total of $8.233 billion in “hot money” left Mexico, marking the 16th outflow in the last 21 quarters, according to the Bank of Mexico (Banxico). This is according […]