Stay ahead of the curve with the latest Mexican business news on Mexicanist. Track market trends, analyze key deals, and gain expert insights.
Business
Mexico's affordable housing production hits record lows, raising concerns for the industry. Demand falls due to the low credit capacity of buyers, urging collective action to revive the housing sector.
Business
Mexico's auto parts industry experiences rapid growth due to nearshoring & higher demand from T-MEC's Regional Content Value. Proximity to the US & trade agreements boost exports. Recovery in the auto market fuels increased parts sales.
Business
Introduction to Crypto Trading in Mexico In the vast universe of finance, the stars are aligning for adopting cryptocurrencies, a new breed of digital assets. With its significant economic presence and technological adoption, Mexico is witnessing an influx of interest in crypto trading. As businesses, investors, and everyday citizens grapple
Nuevo León
Pesqueria, Mexico's emerging industrial capital! Led by visionary Mayor Patricio Lozano, it sheds limitations, welcomes investments, & builds critical infrastructure. A powerhouse of growth and sustainability!
Business
Latin American emerging markets are making history by cutting interest rates after hiking cycles ahead of developed countries. Chile starts with a 75 basis point cut, followed by Brazil, Colombia, Peru, and Mexico.
Business
Logistics company Traxion reports stellar Q2 revenue growth of 21% due to nearshoring trends in the North and Bajío regions. EBITDA soars 35.3%. Acquiring BBA Logistics for US expansion. Impressive H1 revenues up 24%. Strong growth trajectory ahead.
Business
Carso's Q2 2023 sales surged by an impressive 21.5%, driven by thriving construction, hospital projects, and infrastructural ventures. Strong financials and a 42.8% net income growth highlight their leadership in Mexico's infrastructure sector.
Business
Mexico's grain prices face upward pressure as Russia breaks export deal. House production falls 9%, Pemex in 'technical bankruptcy' for 6 years. IMF raises GDP forecast to 2.6%. Audiovisual investment stalls. The auto parts sector accelerates. Food prices rise more than inflation.
Business
Explore the role of women in Mexican migration and remittances. Experts shed light on their motivations, contributions, and the gendered aspects of mobility. Gain valuable insights into this dynamic phenomenon shaping communities and economies.
Business
The Mexican government's interest in acquiring Banamex has fizzled out as Citigroup takes a different route. While Citigroup postponed the stock exchange sale until 2025, Mexico's potential involvement raises questions about control and impact on the banking sector. The situation remains uncertain.
Business
Container prices in Mexico are soaring due to increased demand compared to the United States. Mexico's industrial reactivation and nearshoring practices have attracted investments, leading to a surge in transportation needs.
Business
Non-compliance with the Carriage Letter complement to the Internet Digital Tax Receipt (CFDI) in Mexico can lead to fines of up to 112,000 pesos and even 6 years in prison. Time to get those documents in order and avoid the wrath of the tax authorities.
Business
Mexican banks Banorte, Banco del Bajío, Inbursa, Regional, and Compartamos are reaping the rewards of high-interest rates, with their financial margins soaring. Despite mixed share performance, the sector's fundamentals remain robust, and loan portfolios are expanding.
Business
In an unprecedented move, Banco Santander faces criminal charges for an alleged 8 million peso fraud. The bank is accused of forging a client's signature to obtain a loan. This case could have significant implications for holding financial institutions accountable for fraud.
Business
Mexico's business scene is buzzing with excitement. Ascendion invests $100M in an engineering center, while Aptiv opens a tech hub. Family offices juggle portfolios, Pemex cuts funds, and tilapia imports swim in.
Business
Discover the struggles of Mexican entrepreneurs as they battle bureaucratic procedures, spending an average of 506 hours per year. Explore the data on SMEs, from gender representation to financing, and uncover the states with the highest and lowest levels of administrative challenges.