MND_BUSINESS
Startup aims to speed up trade with Monterrey-to-Texas automated freight corridor
The ambitious US $10-billion project seeks to bypass — and possibly reduce — costly congestion at the biggest Mexico-U.S. commercial border crossing.
Mexico moves up a notch on Swiss competitiveness ranking
The Swiss academic institution IMD, which considers social and cultural factors as well as the usual economic indicators in its ranking, found Mexico to be the third most competitive country in Latin America.
At the G7, Sheinbaum courts Canadian business leaders
The president's first meeting at the G7 was with the Business Council of Canada, whose leaders had urged Canadian Prime Minister Mark Carney to extend an invitation to Mexico.
Foreign investment is up in a key nearshoring state, despite threat of US tariffs
Companies based in the U.S. committed more than half of the total foreign direct investment announced in Nuevo León during the first quarter of 2025.
Mexican home appliance manufacturers brace for even more US tariffs
Manufactured goods subject to the U.S. 50% steel tariffs now include refrigerators, washing machines, dishwashers and stoves, among others.
Should Mexico’s interest rate cuts continue? The central bank appears divided
After an upbeat report on the economy, the Bank of Mexico weighs an interest rate cut that could stimulate growth, but also worsen inflation.
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 last
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.
