Category

Business and Economy
Mexico is set to be among the fastest-growing markets in Latin America’s business-to-consumer (B2C) ecommerce sales. According to estimates by eMarketer, the B2C ecommerce sales in Mexico will increase by 20 percentage points this year, which will equate to approximately $11.43 billion in 2014. Digital sales in Mexico are also expected to expand at a...
Read More
Manufacturing in Mexico has expanded rapidly in recent years, giving China and other Asian nations the first serious competition they’ve seen in decades. The rising cost of fuel, combined with higher wages in some Asian nations, has encouraged a growing number of major international corporations – especially those who manufacture heavy industrial items – to...
Read More
Mexico is quickly becoming a hotspot for international investors and financial institutions worldwide following a slew of historic reforms in late 2013 that opened up Mexico’s national oil company (PEMEX) to foreign investment in its considerable oil and gas reserves for the first time in 76 years. “According to the latest estimates from the U.S....
Read More
“I personally have two missions: The first is to help people, the second is to make beautiful things,” said Sellers, founder of Quality Skills Center in Higuera Blanca, Mexico. “My priority is to keep these artisans and apprentices of Quality Skills Center working.” There are a myriad of things that can go wrong in the...
Read More
Rodolfo Gonzalez Munguia has been named Managing Director of the Grand Velas Riviera Maya. The appointment is effective immediately. “We look forward to his talented leadership helping us reach even higher levels of distinction, service and excellence in our “Beyond All Inclusive, Beyond all Compare” resort, ” said Eduardo Vela Ruiz, President of Velas Resorts....
Read More
Recently, the World Bank released statistics revealing, for the first time in history, that by 2016 Latin America’s middle classes will outnumber the region’s poor. For a region that has been marked by exclusion, poverty and inequality this is no small matter. The rise of this arriviste class comes from more than two decades of...
Read More
In the next two weeks, Mexico’s lawmakers are expected to release a series of Mexico energy reform bills, known as the secondary laws, that should begin to delineate how the revolutionary energy reforms approved last December will be implemented. Prior to the reforms, Mexico had the most closed energy regime of any country in the...
Read More
Holiday Inn Express Hotel in Puerto Vallarta Announced. InterContinental Hotels Grouphas introduced one of its most successful brands to Puerto Vallarta with the opening of the 115-room, six-story Holiday Inn Express® hotel in Puerto Vallarta. Equipped with 15 suites, this is IHG’s second hotel in Puerto Vallarta, adding to the company’s hotels in the area....
Read More
Travel and Tourism in Mexico to 2018 is a new market research publication announced by Reportstack. The global financial crisis in 2009 had a negative impact on the Mexican travel and tourism sector during the review period (2009–2013). Economic conditions improved and, in 2010, the tourism sector showed signs of recovery, with growth recorded in...
Read More
During an address at the Business School on Monday, former President of Mexico Felipe Calderon argued that although private sector companies are often hesitant to adopt climate change initiatives, minimizing carbon emissions may prove extremely profitable. The conversation, which was titled “Climate Change and Business,” attracted dozens of graduate students from the Business and Kennedy...
Read More
After a weak start in 2014, enthusiasm for Mexico, which passed a landmark energy reform and is undergoing anti-trust reforms in the communications industry, is fizzling out. Year-to-date, the iShares MSCI Mexico Capped Index (EWW) lost 6.9%, while the iShares MSCI Brazil Capped ETF (EWZ) rewarded investors with 5.3%. Analysts have scaled back their growth...
Read More
The convenience store chain Oxxo, of FEMSA, ranked second retailer in terms of sales per square meter last year, behind Walmart, but above three of the major supermarket brands in the country, Comercial Mexicana, Soriana and Chedraui. According to the quarterly data from Invex Analysis and the businesses, last year, Oxxo’s average sales per square...
Read More
Fisterra Energy, a company majority owned by funds managed by Blackstone (NYSE:BX), and Blackstone Energy Partners, Blackstone’s energy-focused private equity business, today announced it has reached a financial closing for Ventika, Mexico’s largest onshore wind farm upon completion and one of the largest wind farms in Latin America. Ventika will be located in the northeastern...
Read More
Latin America, dominated mostly by Brazil, seems to have lost luster since the taper talk was initiated in the U.S. last year. Apart from the external shocks, many nations in this corner of the world are lacking structural reforms and grappling with poor public finances as well as reduced foreign investment. As per the Inter-American...
Read More
Canadian banking giant Scotiabank plans to finance oil industry projects worth $10 billion in Mexico over the next four years, a high-level executive said. Oil giants BP and ExxonMobil are among the companies interested in developing projects in the Gulf of Mexico, Scotiabank’s Latin America director, Paul D’Agata, told Efe. A large number of mid-sized...
Read More
1 36 37 38 39