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Report: Economy Ministry closes offices in Washington and Geneva
El Financiero reported Monday that the SE's commercial representation offices in Washington, D.C. and Geneva have been closed.
Foreign direct investment in 2022 was Mexico’s best since 2015
Investment from outside Mexico rose 12% to just under US $35.3 billion, with nearly half coming from new investment, preliminary data shows.
Kansas City Southern announces US $200M investment in Mexico
As the railroad merges with Canadian Pacific, its Mexico subsidiary is investing in making rail a competitive shipping alternative, says its president.
National statistics agency reports 3% economic growth for 2022
Analysts said Mexico's GDP growth shows that the economy has fully recovered from the COVID-induced economic crisis.
Study puts Mexico’s workforce among top 10 in the world
Improvements in cost efficiency, regulation and productivity meant Mexico's workforce's ranking jumped up 44 places from a year ago.
Business travel to Mexico made a comeback in 2022
Business travel to Mexico doubled in 2022 compared to the previous year, but arrivals are still well below pre-pandemic levels.
Ebrard announces North American goal to substitute 25% of Asian imports
The countries have not yet stated a deadline for achieving this goal, which would require huge investment in industry and infrastructure.
Monterrey and Mexico City lead the country in industrial real estate demand
Demand for industrial real estate is on the rise across the country, with the highest demand seen in Monterrey and Mexico City.
Grupo Modelo hikes beer prices, citing inflation
Grupo Modelo is raising its beer prices to keep up with inflation, a move that will affect more than 10 brands on the Mexican market.
Mexican workers will soon see a minimum wage hike. Will it help?
While this helps the country's overall outlook, many workers will still be quite far from out of the woods when it comes to their expenses.
