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Fair Pricing – How Mexico is Trying to Counter Inflation
Inflation in Mexico and around the world has shown a trend that goes beyond inertia. Aspects once considered temporary have lasted longer than estimated, and this phenomenon will continue to be one of Mexico's problems to solve in 2023.To reduce…
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The IMMEX program
The IMMEX program in Mexico was established in 2006 and has since frequently been updated due to its high relevance to the Mexican market. Nowadays, it has become a pillsar of the Mexican economy and a vital element of US competitive manufacturing.…
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The Mexican government promotes more infrastructure project
Mexican President López Obrador shared new data on strengthening and investing in port infrastructure in his fourth government report. In general, the Municipality of Mexico City stated that they have been able to record a significant debt…
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The automotive industry in Mexico
This August, Mexico’s automotive exports reached a new record level, with incredible numbers of US$ 15,245.6 million, which makes for a year-over-year growth of 42.5 % and a record for any month of the year so far. This is significant for…
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Mexico participates in Zero-Emission and wastewater initiative
The 2022 Mexico-U.S. Economic Dialogue has promoted important agreement, including on zero-emission vehicles by 2030, investments to address wastewater issues on the Mexico-U.S. border, and other infrastructure issues. Meanwhile, Mexico's Ministry…
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Mexico’s Independence Day
On the 16th September, Mexico will celebrate its 212th anniversary of the country's independence, making it a nationwide holiday.
This day marks the historic event in 1810, when Father Hidalgo, a Mexican Catholic priest, called out for a revolution…
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Mexico City ranks second among Latin America’s most sustainable cities
In the fifth edition of Arcadis' Sustainable Cities Index (SCI), Mexico City ranked second among Latin American cities, just behind Bogota, Colombia. The index considers three sustainability measures: planet, people and profit.
The profit…
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Querétaro and its attractiveness to investors
At a recent meeting between US ambassador Kenneth Lee Salazar and the governor of Querétaro Mauricio Kuri González, the trade relationship between Querétaro and the US was strengthened and the ambassador stated: “There is great interest…
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Mexican economy on the rise
Mexico is currently recovering from a long-lasting pandemic that heavily impacted its economy as well as its society. Informal workers, women and the youth were particularly hit, creating long-standing social and economic challenges.
But…
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Mexico’s competitive wage rates
Mexico has been known for its notoriously low labor rates for years, which make the country extremely competitive against others.
But low labor rates do not automatically signify low production quality, as often believed.
On the contrary,…