Thursday, September 18, 2025
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Diehl Aviation building

Diehl Aviation inaugurates new US $50M plant in Querétaro

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Diehl's arrival not only adds to the 250-plus German companies doing business in the state, but also further enhances Querétaro's status as an aeronautics hub.

Do you want to weigh in on the upcoming USMCA negotiations?...

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Mexico and the United States have invited members of the public and productive sectors to comment on issues, experiences and strategies related to North American economic security and competitiveness.
China-Mexico trade

China tariffs could backfire on Mexican industry, chamber warns

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The Mexico-China Chamber of Commerce and Technology (MEXCHAM) is warning that if tariffs are raised on China, the country will suffer inflationary and manufacturing cost pressures.
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three men in front of the Halcón aircraft

After nearly 70 years, a 100% Mexican-made airplane is cleared for takeoff 

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Mexico has a thriving aeronautics industry, making everything from turbines to fuselages. But it hadn't designed and built its own aircraft since the 1950s.
A woman picks coffee beans

Veracruz coffee growers are not impressed with the government’s instant ‘Wellness Coffee’

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For one thing, instant coffee is a waste of Veracruz’s high-quality beans, some producers say.
peso coins on top of dollar bills

Peso hits a year’s best against the dollar in a strong week for Mexico’s economy

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A stronger peso, contained inflation, rosier growth forecasts and a rising stock market signaled a positive week for the Mexican economy.
The facade of the AT&T building in Zapopan, Jalisco

AT&T unlikely to participate in Mexico’s next network spectrum auction, Reuters reports

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It's another sign that Mexico’s second-largest phone carrier may have one foot out the door.
footwear store

Sheinbaum proposes tariffs targeting 1,371 product categories including vehicles, apparel and electronics

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President Claudia Sheinbaum is seeking congressional approval to implement tariffs of up to 50% on goods from countries with which it doesn't have a free trade agreement, a move that appears primarily aimed at China.
Pemex offices

Moody’s boosts Pemex’s rating, citing its ‘very high’ government support

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The credit rating agency gave a much-needed boost to the highly indebted state oil and gas company, based in a large part on recent funding packages from the Sheinbaum administration.
a geothermal plant

Slim subsidiary granted 30-year concession to develop geothermal plot in Guanajuato

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Energías Alternas, Estudios y Proyectos (Grupo Enal), a subsidiary of Slim’s Grupo Carso, has been granted a 30-year concession to develop geothermal resources for electricity generation in Celaya, Guanajuato.
cars in a charging station

Mexico’s Vemo raises $250M to expand EV use and build charging stations

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The Mexican electric taxi operator that partners with Uber is betting on the continued avaiablity of Chinese technology to expand its work as an integrator of clean mobility.
nyse

Fintech firm Kapital is Mexico’s latest unicorn, valued at over US $1B after acquiring Intercam Bank

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The Mexico City bank's recent acquisition of the U.S.-sanctioned Intercam Bank helped put it over US $1 billion in valuation, the benchmark for unicorn status.
Two trucks or semi-trailers drive down a highway, possibly carrying Mexican exports to the US

Mexican exports to the US continue to grow

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So far this year, Mexico has maintained a strong trade surplus with the U.S., its top trade partner.
Costco aisle

Latin America’s biggest Costco coming soon to Monterrey area

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Set to open in May 2026, Mexico's newest Costco will have a 30-pump gas station and Sushi Room (because why not add raw fish to your bulk shopping?)
Binance app

Binance to invest US $53M to expand crypto in Mexico

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Binance, the world’s largest cryptocurrency exchange, was founded in China in 2017 and caters to more than 270 million registered users in over 180 countries.
A wall of import/export shipping containers

Good news for Trump: Mexico is planning to raise tariffs on Chinese imports

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Mexico's 2026 budget proposal includes increased tariffs on China, a move the Trump administration has been pushing since early this year.