Thursday, January 23, 2025

MND_BUSINESS

A pile of limes with a sign that reads "Pura calidad, $45 por kg," illustrating the decrease in inflation in Mexico

Inflation falls to national bank’s target range for first time in...

0
In light of the news, "larger downward adjustments" of interest rates could be in Mexico's future, policymakers said.
A businessman signing a letter

Sheinbaum signs ‘nearshoring decree’ to attract foreign investment

1
The new package of fiscal incentives will be available for companies investing in Mexico or spending on training and innovation.
Trump announced the tariff's implementation date on Monday night as he signed a batch of executive orders from the Oval Office.

2-week delay? Trump says 25% tariffs on Mexico and Canada to...

8
Trump issued a memo on Monday outlining his administration's plan to pursue "a global supplemental tariff," though the promised 25% tariffs on Mexican and Canadian exports have not occurred.
Mexico City's Reforma business district

KPMG: 6 in 10 Mexican firms expect to make new investments in 2025

0
Of the Mexican executives expecting to make new investments in 2025, only 34% ranked nearshoring opportunities as a priority for their company.
The headquarters of TransUnion, which will soon own TransUnion Mexico.

TransUnion buys out Mexican banks’ stakes in the Mexican Credit Bureau

4
The half-billion-dollar buyout will give the U.S. credit agency control of Mexico's largest consumer credit bureau.
Valeria Moy head shot

Opinion: With Plan México, the devil is in the details

5
Three points of President Sheinbaum's Plan México deserve a more critical approach in order for the plan to be successful, Valeria Moy writes.
Amazon Web Services

Amazon to invest US $5B in Querétaro data ‘region’

9
“It is a commitment to Mexico, it shows that there is confidence in our country to invest,” Sheinbaum said about Amazon's investment.
The steering wheel of a Chinese car showing the logo BYD

Boom of Chinese car sales in Mexico could be ending after growth slowed in 2024

2
After four years of double- and triple-digit growth, 2024 was a letdown for Chinese auto sales in Mexico.
Mexico 2025 predictions podcast

MND Perspectives Podcast: Our CEO predicts Mexico’s challenges in 2025

0
This week, our podcast looks at the challenges in store for the coming year and what President Sheinbaum could do to overcome them.
Logo of Swedish car manufacturer Volvo.

Volvo will move ahead with Nuevo León truck factory despite Trump tariff threats, CEO confirms 

1
"Monterrey provides significant logistical efficiencies for supporting sales to … the U.S.," the company said.
The CFE logo

CFE to pay Goldman Sachs US $300M to settle natural gas dispute

5
A chance winter storm in Texas threw natural gas markets into chaos in 2021. Now, Mexico's state-owned electrical utility is paying the price.
A woman weighs tortillas for sale, representing inflation in Mexico

Inflation reaches its lowest point since February 2021

0
The news adds evidence "that upward pressure on prices from supply shocks, increasing costs and excess domestic demand is fading," a Bloomberg economist said.
Shipping containers in many different colors waiting in stacks to be loaded at the Port of Enenada.

Mexico hits record-high trade surplus with US in 2024

4
Mexico stayed the U.S.' top source of imports in 2024, according to the U.S. Census Bureau, sending north a total value of US $466.62 billion in exports.
Doosung Tech plant

Korean EV parts manufacturer invests US $25M in Coahuila

0
Local authorities hope to attract other automotive tech companies to the state as they seek to position Monclova as a key player in the growing EV sector. 
A person holds a phone with a Temu e-commerce application open on the screen

New e-commerce tariffs take effect, with Chinese imports paying some of the highest rates

1
On top of having to pay a new tax, foreign e-commerce faces new tariffs, with exceptions for Mexico's trade agreement partners.
Illustrative image of a Mexican flag in the background, with Mexican peso bills in the foreground.

Mexico’s 2025 GDP growth likely to lag behind other LatAm nations

0
A recent survey by Mexico's central bank found that 59% of respondents said it was a "bad time" to invest in Mexico.