MND_BUSINESS
Chetumal free zone status extended to stimulate the regional economy
The Quintana Roo capital, located near the border with Belize, will continue to offer fiscal incentives and tax exemptions until 2030.
Despite March decline, Mexico’s export revenue still shows upward trend
Export revenue totaled US $143.43 billion in the first quarter of 2024, which is close to 2% higher than in the same period last year.
Do new tariffs mean Mexico is bending to US pressure on...
President López Obrador's decree imposed tariffs ranging from 5% to 50% on over 500 foreign products, mainly impacting Chinese imports.
Mexico’s headline inflation rate higher than expected in first half of April
The higher-than-anticipated annual headline rate makes another rate cut by Mexico's central bank unlikely in the near future.
Spencer Mahony, UK deputy trade commissioner for Latin America, talks to Mexico News Daily
In this interview, Mahony explains how the U.K. and Mexico are working together in key sectors, from automotive to pharmaceuticals to cybersecurity.
With dozens of data centers in the works, could Mexico be a new digital...
The Mexican Association of Data Centers expects investments of up to US $9.2 billion dollars in the sector within five years.
Mexico reports strong monthly growth and US $36B of FDI announced in 2024
February had the fastest month-over-month growth rate in over three years, according to government data.
Reuters: Mexico yields to US pressure on incentives for Chinese car makers
Reuters quoted officials who said no federal incentives are on offer to Chinese electric vehicle (EV) makers as they look to build plants in Mexico.
Why did the IMF lower its economic growth forecast for Mexico?
Citing "weaker than expected" outcomes in late 2023 and early 2024, the IMF lowered Mexico's 2024 growth forecast from 2.7% to 2.4%.
Nubank to invest US $100M in Mexico, its ‘priority’ market in 2024
The capital injection brings the Brazilian fintech's Mexican investments up to US $1.4 billion, solidifying its position as a major financial services provider.
Opinion: Why Mexico needs a nearshoring strategy
To become Latin America's nearshoring star, Mexico must not make dangerous assumptions, says economist Ana Bertha Gutiérrez.
Peso slips from its strong position against the US dollar
The peso depreciated 4.6% from its strong position last week in response to an "increase in aversion to international risk."
Mexico’s agricultural exports off to a booming start in 2024
January and February exports were up compared to the same period in 2023 — which was itself a record-setting year.
Volvo to build truck manufacturing plant in Mexico
The United Auto Workers (UAW) labor union in the U.S. said it was "extremely disappointed" by the news.
Peso loses momentum against the US dollar, after hitting strongest rate since 2015
The weaker position on Friday represented a 1.8% decline for the peso compared to its closing position of 16.44 to the US dollar on Thursday.
Opinion: 4 key opportunities for the North American economy
In 2026, all eyes will be on North America. Pedro Casas says these are the opportunities to seize to become a united, trusted and coordinated region.