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 economy has transformed from a self-sufficient model to a key player in global trade. Driven by nearshoring and strategic location near the U.S., the country faces opportunities in manufacturing and tech sectors while navigating challenges of foreign dependency and demands.
Cancun
Cancun's hotel sector urges authorities to halt new construction due to overwhelmed public services. With 35,000 of 40,800 rooms straining infrastructure, industry leaders call for a moratorium to update systems.
Cancun
Mexico's tourism sector sees major boost with $700M investment from Grupo Xcaret announced at Cancún Travel Mart. Event draws 23 countries, expects $4.9B in deals. Government focuses on sustainable growth, international promotion, and women's leadership in tourism industry.
Business
Swedish delegation led by Ambassador Gunnar Aldén met with Mexican officials to boost business ties, focusing on automotive sector. 78 Swedish firms operate in Mexico, with new investments planned.
Politics
Mexico's Senate approves controversial energy reform, returning oil and electricity control to the state. The reform, supported by the ruling Morena party, aims to reverse privatization and ensure energy sovereignty.
Business
The shrimp fishing season has begun on the Mexican Pacific coast. This lucrative industry benefits hundreds of Mexican families and contributes significantly to the country's economy.
Business
Agrovoltaics, combining agriculture and solar energy, offers a sustainable solution for farmers. Experts advocate for its adoption, emphasizing its benefits in increasing yields and reducing environmental impact.
Politics
Mexico's President Claudia Sheinbaum Pardo assured US and Mexican business leaders that the reform to the Judicial Branch will strengthen the rule of law and guarantee safe investments.
Travel
The Mexico-Querétaro train project, cancelled during Peña Nieto's government, is set to be revived under Claudia Sheinbaum's leadership. The project will enter its technical analysis phase this year, with the goal of starting operations in 2029.
Business
The National Service for Health, Safety and Food Quality (Senasica) implemented targeted actions to control pests and diseases in basic crops, such as corn, beans, wheat and rice. These actions benefited 50,167 producers, most of them small-scale.
Business
Mexico's agricultural sector has shown resilience, with grain and oilseed production surpassing previous records despite drought and global challenges. Favorable weather, increased yields, and government support have contributed to this success.
Politics
The Chamber of Deputies in Mexico approved a reform to strengthen state control over energy sectors. The legislation reclassifies state-owned companies, grants the state exclusive control over strategic sectors and prioritizes the energy transition.
Politics
Mexico seeks to reclaim control of its energy and railway sectors. President Sheinbaum proposes constitutional reforms to strengthen state-owned companies like CFE and Pemex, while reducing private sector influence.
Business
Mexico's government has launched a comprehensive plan to revitalize its citrus industry. The plan includes efforts to combat pests and diseases, improve production practices, and provide support to producers.
Business
Cattle farming requires careful planning, including adequate space, a balanced diet, and regular health care. Common diseases like BVD, IBR, and Parainfluenza can affect cattle, but vaccination and proper hygiene can help prevent them.
Business
AI's agency, or its ability to act independently, poses a significant regulatory problem. Current frameworks struggle to address AI's decision-making capabilities.