Category

Business and Economy
mayan train
Grupo Vidanta, a Mexican conglomerate of hotels, resorts and real estate developer, is interested in investing in the construction of the Mayan Train, informed its president, Daniel Chávez Morán, in the Tourism and Social Development forum. “The Mayan Train is a great idea, because in a decade of operation it will double the income of...
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international tourism mexico declines
The month of August registered a decrease of 13% compared to July international tourists visiting Mexico, according to a survey by the International Travelers of the National Institute of Geography and Statistics (INEGI). This new INEGI study showed that during the month of August 7,157,990 international visitors entered Mexico, 13% less than in July 2018...
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Data Center industry to bring more investment to Mexico in 2019
2019 will be a good year for the data center market or data processing center in Mexico, attracting greater investments with the development of infrastructure and the use of new technologies. According to Jose Luis Friebel, CEO of Datacenter Dynamics for Spain and Latin America, noting that the demand for data center service will lead...
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An entrepreneur’s guide to Chihuahua, Mexico’s tech scene
As the world’s most populous Spanish speaking country, Mexico is well positioned to be a startup power. Since the signing of the NAFTA in 1994, Mexico’s real GDP skyrocketed has risen to $1.3 trillion , placing the country second in Latin America and 15th in the world in terms of GDP. However, historically Mexico’s economy...
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As Mexico continues to struggle with a slow-growing economy and a rise in unemployment thanks to automation, savvy individuals are beginning to launch their own micro-businesses to fight back and make a living for themselves. Indeed, entrepreneurship has been on the rise in Mexico, and across Latin America, with more affordable connectivity and technology playing...
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happy employees
Companies that promote the happiness of their employees and their personal strengths increase their profits up to 14 times, said experts in leadership. The teacher of the Master’s Degree in Positive Leadership at Tec Milenio, Robert Rosales, explained that in Mexico less than 12 percent of employees are committed to their company. He commented that...
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Stroll the aisles of any Oxxo in Mexico and you will find the staples of convenience store sustenance: beer, cigarettes, enough candy to keep dentists at full employment. Look closer and you will see this old-school chain is a linchpin of the country’s e-commerce. The retailer, with more than 17,000 locations throughout Mexico, has cracked...
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The main franchisee of McDonald’s in the world, Arcos Dorados announced on Thursday that it will stop giving plastic straws in its more than 2,000 restaurants located in Mexico and throughout Latin American countries where they operate. The decision is an initiative in favor of the conservation of the environment. However, straws can be provided...
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internet mexico
Ramiro Flores, Daniel Trujillo, David Treviño and Hugo Garcia never imagined the impact they would have on the development of Mexico and Latin America. They were near graduated from the Tecnológico de Monterrey when they had the opportunity to “experiment” with a new technology that until then had little exploration. The young engineers formed the...
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The president-elect of Mexico, Andrés Manuel López Obrador, summoned his social media followers to participate in a survey about an eventual name change to the NAFTA replacement agreement between Mexico, the United States, and Canada, trying to adopt a name in Spanish. In Twitter and Facebook, López Obrador proposed to his followers the TEUMECA proposals (Treaty...
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reed straws
Reed straws have become an alternative to the traditional plastic because, in addition to having a short lifespan, they do not harm the environment. In Oaxaca, particularly in the San Juan Guelavia community, local artisans have focused on the production of reed straws, made from a plant and being biodegradable. In an interview, artisan Felipe...
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peso risk
The Bank of Mexico left interest rates unchanged Thursday in a split decision, warning that inflation risks remain that could prompt it to tighten monetary policy in the future. The central bank decided to keep the overnight interest-rate target at 7.75% by a majority, with one board member voting for a quarter-percentage-point increase to 8%....
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GUESS?, Inc. announces the opening of its 50th retail store in Mexico, a milestone moment for the brand’s strategic expansion plans in Latin America. Located in the new shopping center development, Paseo Queretaro in the state of Queretaro, the 50th store recently opened its doors to the public on Thursday, September 20th. “We are proud...
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Incoming Mexican Foreign Secretary Marcelo Ebrard said on Monday that the trade agreement reached with the United States and Canada is an “opportunity to strengthen the internal market.” He spoke at a press conference along with Economy Secretary-designate Graciela Marquez, and the person named by President-elect Andres Manuel Lopez Obrador to observe the negotiations with...
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Mexico factory activity rebounds in Sept, helped by exports
The pace of growth in Mexico’s manufacturing sector picked up in September after a slump, helped by increases in new orders and the steepest rise in export sales in over three years, a survey showed on Monday. The IHS Markit Mexico Manufacturing Purchasing Managers’ Index rose to 51.7 in September from a 10-month low of...
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