Business and Economy

Disney Wonder Cruise Cancelled Arrival in Puerto Vallarta

The cruise ship Disney Wonder was expected to dock in Puerto Vallarta this morning, however the cruise was canceled due to Hurricane Odile. The Disney...
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Mexico Lifts Limit on Businesses’ Dollar Deposits

The Mexican government will no longer limit the monthly cash deposits of U.S. dollars that border businesses can make if the companies allow authorities to...
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Mexico Taking First Step Towards Minimum Wage Debate

Mexico’s government will present a bill to stop using the minimum wage to calculate fines, levies and contributions Finance Minister Luis Videgaray said on Thursday,...
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Toyota Looking For A Good Spot in Mexico for a New Manufacturing Plant

Toyota Motor Corp. (7203), the last of the world’s major automakers without a full assembly plant in Mexico, is scouting the country for possible factory...
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Youth in Mexico Confront a Bleak Job Market

The National Survey of Occupation and Employment (ENOE) indicated in late August that 85% of youth between the ages of 20 and 29 earn the...
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Practically Every Global Auto Manufacture is Represented in Mexico

The news of Kia moving to Mexico was so important to Mexico’s economy that the president made the announcement himself. On the same day that...
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Mexico’s New Banking Measures Aim to Increase Credit, Transparency

The overhaul of Mexico’s banking laws, enacted as part of President Enrique Peña Nieto’s wide-ranging economic and business structural changes, is designed to increase credit...
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Mexico Projects 3.7% Economic Growth for 2015

Mexico’s government sees the economy accelerating further in 2015 to a 3.7% growth rate, according to a person with knowledge of the matter, as domestic...
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Mexico Joins in to Pressure US in Easing Oil Export Ban

Washington is facing growing international pressure to ease its long standing ban on crude oil exports, with South Korea and Mexico joining the European Union...
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GM Trumpets It’s Move from Mexico to the USA, but there is a catch.

General Motors Co and the United Auto Workers on Wednesday trumpeted the news that production of the Cadillac SRX would be shifted from Mexico to...
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Shoes In Mexico Are About to Get More Expensive

Mexico’s government said it will impose a tariff of up to 30 percent on footwear imports, part of a package of measures to combat what...
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Mexico Exports on the Rise

Mexican factory exports rebounded in July, rising at their fastest pace in five months and raising hopes for a strengthening economic recovery in Latin America’s...
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