Public investment to GDP, at historic lows under AMLO's administration
The six-year term of President Andrés Manuel López Obrador has been marked by a notable drop in public investment compared to the previous administrations of...
Category: Business
BYD accelerates towards an electric Mexico: seeks to remove barriers to the electric vehicle revolution
Chinese automaker BYD is negotiating with the Mexican government for an extension of tariff relief for the importation of vehicles from Mexico....
Mexico registers foreign investment announcements for 170.644 billion dollars
Between January 2023 and September 2024, Mexico has been the recipient of foreign investment announcements totaling US$170.644 billion, ...
Gold hits record highs as dollar weakens
Gold prices hit record highs on the back of a weaker dollar, expectations of further interest rate cuts in the U.S. dollar, ...
Sheinbaum drives a new era of investment: Mexico will attract up to $4 billion a year
Claudia Sheinbaum projects a substantial increase in attracting Foreign Direct Investment (FDI), with estimates ranging between 3,000 ...
WEG drives a new horizon: $122 million to boost Mexico and Brazil
Brazilian engine manufacturer WEG announced an investment of US$122 million over the next five years to expand its capacity and invest in new...
Mexican investment at the top: record of $4 billion
Mutual fund assets continue with sustained growth and at the end of August obtained a record gain, reaching 4.5 million dollars....
Private banking breaks records with million-dollar profits
Private banking profits in Mexico reached almost 172 billion pesos at the end of July 2024, an increase of 3.56% over the previous year.
Northern Mexico: magnet for foreign investment in industrial warehouses
Activity in the industrial real estate sector in northern Mexico picked up momentum in the first months of 2024, especially due to the demand for industrial real estate in...
Falling inflation in August may spur another rate cut
Inflation in Mexico registered a decrease in August, standing at 4.99% at annual rate, which opens the possibility that the Bank of Mexico (Ba...
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