Minimum wages Mexico
On 26 of December 2018, the Commission's decision on the minimum wage, which sets general and professional minimum wages from 1 January 2019, was published in the Official Journal of the Federation.
The decision stipulated that the country…
Accounting programs in Mexico
Often it is difficult to choose a suitable accounting program for your company, unless you are part of a multinational corporation that already has a global accounting system in place. In particular, small and medium-sized companies are concerned…
USMCA – breakthrough in NAFTA negotiations
After lengthy negotiations, the US and Canada finally achieved a breakthrough in NAFTA. The delegations finally reached an agreement in the previous US-Canada trade dispute in the late afternoon of October 1st 2018 in Washington after many hours…
Outsourcing
What is Outsourcing in general?
Outsourcing combines the terms outside, resource and using and means the use of external resources or sources. The term defines a corporate strategy that outsources individual tasks, subareas or even entire business…
Germany has become the third most important trading partner of Mexico
The intensive trade relationship between Germany and Mexico has reached a new peak.
After USA and China, Germany currently ranks on the third place of Mexico’s most important trading partners and overtook Canada and even the EU within the…
BIVA: new Mexican stock exchange
On Wednesday 25.07.2018 at 8:30, after 5 years of preparation, a new Mexican stock exchange the Bolsa Institucional de Valores (BIVA) was launched.
After 43 years, there is a historic change in the Mexican stock exchange trading. Mexico now…
Industry 4.0 – opportunities and challenges for Mexico
Robots, automation, Internet of things, and big data: the networked and more flexible production Industry 4.0 opens new opportunities for companies. In recent years, the Mexican industry has expanded rapidly, primarily powered by the automotive…
Mexico´s economic growth is one of the highest of the G20 countries
According to the Organization for economic cooperation and development (OECD) Mexico is among the six G20 - countries with the strongest economic growth during the first quarter of 2018.
Compared to the previous year the gross domestic…
The Vision of Mexico 2030
What is the Vision of Mexico 2030? What are the contents and goals? And who is the organization behind?
In 2012, the organization Executive Board of Global Companies (Consejo Ejecutivo de Empresas Globales = CEEG) defined a competitiveness…
Foreign trade in Mexico
What about the current import and export situation from the Mexican point of view? Which goods have the highest demand for import and export and which are the reasons for the import strength of Mexico?
Compared to other Latin American…