MND_BUSINESS
World Bank forecasts 0.2% growth for Mexico, citing persistent global ‘turbulence’
Though a slight improvement from April's rock-bottom 0%, the weak growth forecast is a far cry from the "soft landing" hoped for by the World Bank's executive staff.
Mexico City retains top spot as most competitive state, Chiapas ranks...
In IMCO's 2025 assessment, Mexico City registered the highest GDP per capita (US $28,750 per person), a high level of economic diversification (943 sectors) and the second highest patent rate in the country.
Heineken to build new US $3B brewery in Yucatán
The mega-beermaker's CEO announced the move at President Sheinbaum's morning press conference, saying it will "reaffirm our commitment to Mexico."
In a show of business confidence, Finsa will invest US $500M in warehouses
The planned investment reflects the real estae developer's conviction that “Mexico remains a strategic country for North American manufacturing.”
Michelin to close Querétaro plant by year’s end
The closed plant will partially merge with a Michelin factory in León, Guanajuato, that is better configured to manufacture products suitable for today's tire market.
Mexico’s auto exports down 6% this year
Not all automakers are exporting fewer cars from Mexico, however. Toyota, KIA, Ford and Honda reported notable increases in exports between January and June.
Despite tariffs, Mexico maintains significant trade surplus with the US
Mexico exports to the U.S. have dropped, but U.S. exports to Mexico dropped more.
Sheinbaum: 50% steel and aluminum tariff is ‘unjust’ and ‘has no legal basis’
Economy Minister Marcelo Ebrard said Tuesday that Mexico would seek an exclusion from the tariff, which doubles the 25% duty that the United States imposed on steel and aluminum imports in March.
The top 3 challenges facing Mexico’s energy sector: An interview with the Institute of the Americas
Mexico News Daily talked with IOA President Richard Kiy about what's next for Mexico's energy sector after last year's landmark energy reform.
Despite regulatory complexity, investment in Mexico remains high
Doing business in Mexico can be a bureaucratic headache. Nonetheless, interest in investing here remains strong.
Chedraui grocery chain announces 3.5B peso expansion in Tamaulipas
Chedraui plans for Tamaulipas include 13 new stores and plans to create over 6,400 jobs.
Bank of Mexico cuts 2025 economic growth forecast to just 0.1%
Sluggish economic activity at home and trade uncertainty abroad could slow growth into next year, the national bank reported.
BBVA to invest 100 billion pesos in its Mexican banking operations
The bank's Mexican leadership, while recognizing "increasingly uncertain times," sees Mexico in an advantageous position for future economic growth.
Kia Mexico to expand Nuevo León operations
Kia has confirmed Mexico production will continue despite U.S. tariffs, focusing on K4 and K3 models and expanding exports worldwide.
Nearshoring lives on: Despite economic uncertainty, the flow of fresh capital into Mexico is on the rise
New foreign investment has shown surprisingly strong growth compared to last year, though it remains a small portion of total FDI.
Claudia’s Chinese car conundrum: A perspective from our CEO
Travis Bembenek talks with auto consultant Michael Dunne about how Mexico can navigate getting caught in the crossfire of a trade war.
