Explore Mexicanist articles on business in Mexico. Get insights on the economy, investment, startups, trade, and tips for doing business successfully.
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.
Cancun
Cyber crooks use "Prilex" malware to hack POS terminals, cloning cards and bypassing PINs. Businesses warned! Meanwhile, Mexico targets Canadian tourists cancelling US trips amid tensions.
Business
Walmart invests $6bn in Mexico by 2025, expanding stores, adding 2 tech-driven distribution hubs (Bajío/Tlaxcala), boosting local sourcing ('Hecho en México'), and creating 5.5k jobs. Supports gov't 'Plan México'.
Mexico City
Mexico City restaurant corruption: Hundreds bribe officials ("moches") monthly to skip rules, creating unfairness and eroding trust. This widespread payoff system harms honest businesses and demands strict controls and accountability.
Business
Mexican Feb exports fell 2.9% YoY ($49.28bn), hit by automotive (-15.2%) & oil (-24.4%) declines. US-bound shipments dipped slightly (-0.2%), while exports elsewhere fell sharply (-9.5%). Agri sales also down (-6.1%). Concerns over economy & US trade policy remain.
Business
Mexico's Mayan Train fuels a SE real estate boom. Property values rise >10% yearly (Cancun +13.6%). It attracts long-term investment, spurs luxury/sustainable projects in Yucatan, and draws dedicated financial backing.
Tulum
Tulum's Lonitas recycles used ad banners from big brands (Coca-Cola, etc.) into backpacks and bags. This circular economy project gives waste a second life, reduces landfill plastic, employs local families, and pushes brands toward sustainability.
Business
Mexico's nearshoring gains are threatened by logistics woes. Poor roads, rising cargo theft, and severe customs bottlenecks at key hubs create costly delays. Urgent infrastructure, security, and customs improvements are needed to fully capitalize on the opportunity.
Business
Mexico's 2025 road plan invests 35bn pesos, but focuses on South/Central regions, neglecting key Bajío/Northern industrial hubs. Critics fear this will worsen road saturation, hinder competitiveness, and create a 'two-speed' economy, questioning the strategy's impact.
Nuevo Leon
Nuevo Leon launches major payroll tax (ISN) cuts & subsidies, targeting EV investment (up to 95% off), local sourcing and exporters. Includes significant debt relief on past ISN dues. Aims to attract nearshoring and boost economy.