Explore Mexicanist articles on business in Mexico. Get insights on the economy, investment, startups, trade, and tips for doing business successfully.
Business
Mexico’s Supreme Court just ordered First Majestic Silver (Canada) to pay US $143 million in back taxes—the first time a NAFTA-era mining giant has lost a final fiscal verdict. The same Vancouver-based company operes five U.S. silver properties.
Puerto Vallarta
Puerto Vallarta advances infrastructure with the near-complete Puente Amado Nervo, Playa Destiladeras' public reopening, Amazon Bazaar's launch ahead of new SAT taxes, and weekly beach "gym" cleanups.
Business
Foreign firms dominate exports, banks increase reserves amid rising consumer debt, the peso faces speculative pressure despite stability, inflation persists in key sectors, agricultural self-sufficiency is hindered by past practices.
Business
Mexican banks post record profits from consumer loans, up 9.2% YoY. Concurrently, Finabien launches 100K debit cards in the U.S. for migrants, offering lower remittance fees & avoiding a 2026 tax, plus safety from U.S. deportation policies.
News
Mexicanist newsletter covers Trump's tariff threats, Chivas' soccer triumphs, President Sheinbaum's political balancing act, Grupo Bimbo's $2B investment, and Natalia Lafourcade's historic Grammy achievements.
Business
Mexico's energy is dominated by fossil fuel consumption within its own production and transport sectors, requiring a national strategy focused on efficiency, displacing natural gas with cleaner sources like nuclear, and transitioning transportation to electric to achieve a sustainable future.
Business
Despite minimum wage increases and average income figures, a significant portion of the Mexican population faces economic precarity due to incomes insufficient to cover basic needs amidst rising costs of living, labour market informality, and stark regional and gender disparities.
Politics
Proposed legislation seeks to bolster worker rights across multiple sectors, potentially raising operational costs and compliance burdens for businesses.
Quintana Roo
Severe winds closed Quintana Roo ports (Cancun, Cozumel) for 5 days, causing a US$1.5mn loss to the nautical sector and halting 4,800 vessels. Ports partially reopened, but more restrictions feared.
News
Dire water crisis grips nation. Less H2O per person, drought hits cities hard. Experts warn of economic disaster, soaring food prices. Mexico lags neighbors; urgent fixes needed now.
Business
Academics warn Mexico must shed illusions and forge new strategy as Washington prioritizes domestic concerns and a potential return to ‘neo-imperialism’ looms.
Business
A glut of raw maguey sends prices tumbling 83%, pushing producers in Morelos to bet on distilling the spirit themselves amid market uncertainty.