MND_BUSINESS
As Mexico’s construction sector declines, these states are bucking the trend...
While most of Mexico is mired in a construction slump, Sonora, Guanajuato and Baja California Sur are doing just fine, and Nuevo León, Jalisco and Mexico City aren't far behind.
Bank of Mexico slashes 2025 economic growth forecast to 0.3%
The Mexican economy is expected to fare better in 2026, "assuming ... the trade relationship with the United States and Canada continues as it is now," the central bank's governor said.
Chinese truck manufacturer Foton to open US $40M factory in Jalisco
The new plant will produce 1,000 gas, diesel and hybrid pickup trucks every month, under the Made in Mexico certification program.
Microsoft partners with Powertrust to develop 270MW of solar projects in Mexico, Brazil
The partnership represents a significant investment in Mexico's renewable energy infrastructure at a time when the country is positioning itself as a data center destination for major tech companies.
Mexico is now the top buyer of U.S. goods, beating out Canada
Mexico City economist Alfonso Muñoz characterized the change as an "inflection point" for the U.S. and Mexico's tightly connected economies.
Foreign investors have sold off US $7B in Mexican government bonds this year
Over US $7 billion in foreign capital has left Mexico as investors pulled out of government bonds, even as foreign direct investment in companies hit a record high.
Foreign direct investment in Mexico climbs to record US $40.9B, already surpassing all of 2024
New investment contributed to around 16% of total FDI in Mexico in the first nine months of the year, with the remainder of the money coming from reinvestment of profits and payments by foreign companies with an existing presence in Mexico.
Google chooses Puebla state as the site of its first AI lab in Mexico
Google AI Labs is an innovation and research center dedicated to the development, testing and public demonstration of cutting-edge artificial intelligence projects and technologies.
Buen Fin, the annual shopping extravaganza, kicks off across Mexico
The annual shopping extravaganza is no longer simply a mad rush to grab bargains but "a national cause measured by how it improves people’s lives" — and of course by how it delivers great deals.
BYD’s plans to build a Mexican EV factory are back on, company VP hints
The electirc vehicle manufacturer now says it is "here to stay," in Mexico, citing the advantage of providing its own lithium batteries
Nvidia denies plans to build US $1B data center in Nuevo León
The governor’s flub stole the spotlight from Mexico's Cipre Holding, a real investor planning a major data center in Nuevo León.
Is Mexico’s agricultural sector experiencing a water crisis?
Inefficiencies in water use are particularly glaring in Mexico, where 75% of the country's available water is earmarked for agriculture. Fortunately, some improvements are being made.
Ratings firm S&P launches methodology tailored to Mexican market
While S&P has been assigning ratings in Mexico for over 30 years, the adoption of new tools will help improve its ratings by gathering a more accurate understanding of the current conditions of the unique Mexican credit environment.
Jalisco announces a new chip design park to strengthen Mexico’s semiconductor industry
The chip design plant will give a boost to the Mexican government's Kutsari project to coordinate efforts among the public, private and academic sectors to strengthen the industry.
US chip lobby urges tariff-free treatment for North American semiconductors under USMCA
As Mexican semiconductor exports decline, the Washington, D.C.-based Semiconductor Industry Association (SIA) is urging the Trump administration to ensure that rules of origin strengthen regional competitiveness.
Movistar exits Mexico cell service market
Marc Murtra, the CEO of Telefónica, Movistar's parent company, was blunt about his near-future plans for Mexico and other nations in the region: "We are leaving Latin America."
