MND_BUSINESS
New investment in industrial parks in Mexico spiked in 2024
At the Confederation of Industrial Chambers annual meeting Monday, FibraMTY's CEO said that nearshoring is driving unprecedented enthusiasm for construction.
Mexico and US present semiconductor industry roadmap to double exports and...
The Finance Ministry is also designing a program of tax incentives similar to those established by the U.S. Inflation Reduction Act and CHIPs Act.
Can you live on US $13 a day? Our CEO’s perspective on...
Mexico News Daily CEO Travis Bembenek offers some counterarguments to the idea that increasing Mexico's minimum wage is bad for business.
Day of the Dead 2024: Consumer spending to surpass 45 billion pesos
The estimate represents a 10% increase compared to 2023, when Mexican families spent 41.2 billion pesos on purchases related to the holiday.
French companies to invest US $3B in nearshoring to Mexico
At a nearshoring event on Thursday, French Ambassador to Mexico Delphine Borione celebrated three recent investment announcements from French companies.
Mexican government to partner with GM, Foxconn to reduce reliance on imports
Mexico is seeking help from several companies to substitute imported goods and components with products manufactured domestically.
Sheinbaum to CEOs: ‘Your investments are safe in Mexico’
"The rule of law will be strengthened, the national electricity system will be strengthened" by forthcoming reforms, Sheinbaum assured investors.
Woodside Energy begins operations in Tamaulipas with US $12B investment
One year after its approval, the Trion oil field is moving forward with a major investment from Woodside.
Semarnat claims Vulcan Materials destroyed 3 cenotes in Quintana Roo
The federal government voiced its latest complaint against Vulcan Materials on Friday, accusing the company of causing an “ecological disaster.”
What’s President Sheinbaum’s plan for trade with China? Former Ambassador Jorge Guajardo weighs in
The new administration has unequivocally chosen its side in the current U.S.-China trade conflict, the former ambassador told Mexico News Daily in an exclusive interview.
Walmart Mexico breaks ground on a new AI-powered warehouse in Guanajuato
The retail giant's new warehouse is expected to create over 1,000 jobs in Silao, Guanajuato.
Finance minister meets with JPMorgan and BlackRock CEOs in New York
The finance minister met with two top American executives as the Sheinbaum administration seeks to jumpstart investment in Mexico.
Avery Dennison opens US $181M plant in Querétaro
The company is a leading producer of the digital tags used around the world to track products as they move through supply chains.
Royal Caribbean to invest US $600M in ‘Perfect Day’ Mahahual site
Royal Caribbean says it'll replicate its Bahamas "Perfect Day" concept in Mexico with a site exclusive to cruise passengers in Mahahual, Quintana Roo.
World Bank lowers GDP growth forecasts for Mexico for 2024-26
The World Bank cited a weaker peso and investor uncertainty among the reasons for a more pessimistic economic growth outlook.
WSJ: Sheinbaum administration wants US help to reduce Mexico’s imports from China
The Wall Street Journal reported on this administration's plan to reduce dependence on China, with help from foreign manufacturers operating in Mexico.
