Category

Business and Economy
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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puerto vallarta
Employability and tourism development have registered an increase in Puerto Vallarta. In terms of employment, Puerto Vallarta has grown 13 percent from June 2015 to the same month in 2018, from 59,489 insured workers to 67,520, according to figures from the Institute of Statistical and Geographic Information of Jalisco (IIEG ). The jobs were generated...
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discover credit card mexico
Discover Financial Services, a leading direct bank and payments services company, and Promoción y Operación S.A. de C.V. (Prosa), a leading payment solutions provider and domestic payments network in Mexico, signed an agreement to form a strategic network alliance to expand Discover® Global Network acceptance in Mexico. Discover, Diners Club International®, PULSE and network affiliate...
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With a great diversity of honey and an annual production of 5,815 tons, Jalisco is considered the main state producing honey in Mexico, said Hector Padilla Gutiérrez, head of the Ministry of Rural Development ( Seder ). In a statement, the also former president of the Mexican Association of Secretaries of Agricultural Development (AMSDA), reported...
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The tequila industry continues to break its own records and shows that it is one of the most solid in Mexico. This year will, once again, close with record numbers in both production and exports, said the Tequila Regulatory Council (CRT). In a statement, they noted that tequila production reaches its highest level in 23...
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Walmart Inc will acquire Latin American food delivery service Cornershop for $225 million, it said on Thursday, in a move to ramp up its online grocery business in Mexico and Chile. The deal mirrors Walmart’s growing investments and tie-ups in online delivery services across the globe, as it aims to compete with Amazon.com Inc, the...
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After selling it on and off in the U.S. for nearly seven decades, Volkswagen has decided to squash its iconic Beetle. The company’s American unit announced Thursday that it would end global production of the third-generation bulbous bug in July of next year after offering two special editions for sale. The compact Beetle was introduced...
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bioplastics
Tequila, avocado and corn are proving their worth beyond Mexican fiesta staples as key components for a fast-growing bioplastics market, with companies transforming waste from processing food crops into products such as bags, plates and even car parts. Bioplastics make up less than 5 percent of the millions of tonnes of plastic produced each year...
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