Stay ahead of the curve with the latest Mexican business news on Mexicanist. Track market trends, analyze key deals, and gain expert insights.
Business
Chinese car brands are taking over Mexico's automotive market, supplying 26% of imports. Their appeal to Mexican consumers and potential challenges are transforming the industry landscape. Adaptation and competition are key as they establish a lasting presence.
Business
Samsung Mexico is cracking down on gray market cell phones, blocking devices without official certification and warranties. The move follows ZTE and Motorola, aiming to protect users and ensure compliance with local regulations in the tech industry's growing trend.
Business
The abrupt closure of VU Manufacturing has thrown the effectiveness of the U.S.-Mexico-Canada Treaty's labor protection mechanisms into question. Workers' rights hang in the balance, as the international trade community watches closely.
Baja California
Baja California rekindles the $25 billion Punta Colonet port project after 2 decades. This colossal initiative includes six state-of-the-art terminals and a 310 km rail network, poised to transform trade and invigorate the region's diverse export sector.
Business
Deputy Governor of Banco de México, Galia Borja Gómez, highlights the importance of low and stable inflation for economic development. Banco de México's autonomy and commitment to inflation targets play a crucial role in navigating global economic uncertainty.
Business
Despite initial skepticism, Mexico's energy policy within the T-MEC framework has strengthened, with a focus on energy security and a transition to clean energy. Sovereignty remains a priority amid challenges and foreign influence, paving the way for a resilient and sustainable future.
Business
Grupo Yazaki, a major auto components firm in Mexico, has taken proactive measures to safeguard workers' rights, including freedom of association and collective bargaining. Their Neutrality Charter and collaboration with labor authorities underline their commitment.
Business
Mexico's vast wealth is overshadowed by extreme inequality. Only 1% owns 41.2% of wealth, with an even more skewed concentration in financial assets. The country's potential is clear, but addressing this wealth gap is essential for shared prosperity.
Business
Mexico's untapped solar potential, receiving 175,000 terawatts from the Sun annually, could power our needs. Despite progress, reaching renewable energy goals requires collaboration and innovation to make solar power stable, efficient, and accessible.
Business
Latin America's productivity paradox: Stuck in a time warp, this region generates jobs but struggles with low productivity and GDP growth. Can it break the cycle and embrace innovation?
Business
The Mexican apple market faces a surprising challenge: the strengthening peso. With the currency gaining nearly 10% against the U.S. dollar this year, imported apples from the U.S. are now cheaper and poised to capture 50% of Mexico's apple market, up from 30%.
Business
Mexico's 2024 Economic Package reveals growth projections, revenue shifts, and spending priorities. With economic stability on the line, lawmakers face critical decisions that will shape the nation's financial future. Stay tuned for in-depth analysis.
Business
Mexico's states face a revenue challenge, with most heavily reliant on federal funds. A study by IMCO reveals alarming financial opacity, with 88% of states unclear on federal fund usage. Addressing this requires legal reforms, overhauling procurement laws, and tech-driven tax collection.
Business
The Federal Aviation Administration (FAA) has elevated Mexico's aviation safety rating back to Category 1 after more than two years of joint efforts to address safety concerns. This pivotal upgrade unlocks a raft of opportunities: Mexican airlines can now launch new U.S. routes.
Business
Mexico's economy is not just recovering—it's thriving and transforming. Q2 2023 data reveals a robust 3.6% GDP growth YoY, while investments in construction and machinery are soaring with 36.9% and 20.1% annual increases, respectively. But the real surprise comes in the form of inflation.
Business
The dynamic landscape of technology has paved the way for unique intersections, and one such convergence is between non-fungible tokens (NFTs) and gaming. In this exploration, we delve into the amalgamation of NFTs and gaming, the rise of play-to-earn games, the integration of NFTs in game economies, challenges, opportunities, and