Category

Business and Economy
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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Aeromexico pilots to strike over loss of benefits after crash
Unionized pilots of Aeromexico, Mexico’s largest airline, said on Tuesday that they plan to strike on Oct. 1 over the airline’s decision to suspend some benefits after a crash in northern Mexico. In a preliminary report last week, Mexico’s civil aviation agency said bad weather likely caused the crash, adding that there was no evidence...
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mexico tourism 2017
Recently, the World Tourism Organization, a body of the United Nations (UN), announced that Mexico rose two places in the world ranking from eighth place in 2016 with 35.1 million international tourists to the sixth place with 39.3 million in 2017, an increase of 12% compared to tourists who arrived in 2016. According to the...
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For the first time in their history, they are preparing to change the cryptographic keys that help protect the Internet’s Domain Name System. The changes announced by the Internet Corporation for Assigned Names and Numbers (ICANN) have generated a great uproar. The entity issued a statement explaining what they will actually do and the possible...
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Mexican inflation was higher than expected in August, mostly due to a rise in gasoline and gas prices, official data showed on Friday. Mexican consumer prices rose 4.90 percent in August, compared to 4.81 percent in July, and above the 4.83 percent, analysts had forecast in a Reuters poll. The central bank hiked its inflation...
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On Tuesday, the new 500 Mexican peso (26.68 dollars) bill that has the face of former President Benito Juárez and the gray whale as an image came into circulation in Mexico. However, after the announcement that became official last Monday, Mexicans began to express that they fear confusing the new 500 peso notes with those...
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Amazon.com Inc will begin selling food and drinks online in Mexico, including snacks, sweets and wines, it said on Thursday, a move that could intensify its competition with Wal Mart de Mexico to claim shoppers in a nascent e-commerce market. Online shopping represents a fraction of total retail sales in Mexico but has grown swiftly,...
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Citing possible electronic problems, the Mexican unit of Fiat Chrysler issued a recall notice to the owners of more than 122,000 vehicles, Mexico’s consumer watchdog Profeco said on Thursday. Profeco said in a statement the Fiat Chrysler recall is due to a possible computer programming problem with the vehicles’ powertrain control module and applies to...
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Agreement between Mexico and the United States on outstanding bilateral issues in renegotiating the North American Free Trade Agreement (NAFTA) could be just a few hours away, Mexican officials said on Wednesday. “We hope that we’ll have a solution in the next couple of hours, or the next couple of days,” Mexican Economy Minister Ildefonso...
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Mexico’s Economy Ministry said on Tuesday that foreign direct investment in the country was $17.842 billion in the first half of 2018, 14 percent higher than the same period last year. In the first six months of 2017, foreign direct investment in Mexico was $15.645 billion, the ministry said in a statement. Some 43 percent...
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Wal Mart de Mexico (WALMEX.MX), Mexico’s biggest retailer, said on Thursday that it will open gas stations alongside its domestic stores, joining other private companies that are now competing with Pemex, the country’s former monopoly fuel seller. Retail and convenience store chains are especially well positioned to tap into Mexico’s retail gasoline market, given their...
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Mexico’s economy shrank slightly in the second quarter from the previous three-month period, as manufacturing and farming contracted, according to preliminary data released on Tuesday that pushed the peso lower. In seasonally adjusted terms, the economy shrank 0.1 percent in the quarter, according to an estimate published by the national statistics agency. The economy grew...
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Mexican bread, pasta and flour-tortilla makers are seeking alternative suppliers of wheat to reduce their dependence on the United States as trade relations between the two neighbors deteriorate. Mexico, the top importer of U.S. wheat, is increasingly turning to cheaper supplies from Russia, which surpassed the United States as the top global wheat supplier in...
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General Motors Co (GM.N) is going ahead with its plan to manufacture the new Chevrolet Blazer SUV in Mexico, a spokesman for the automaker said on Thursday, despite criticism by U.S. President Donald Trump over making vehicles abroad. Trump has been pressing automakers to build more vehicles in the United States under efforts to renegotiate...
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The interim municipal mayor, Rodolfo Domínguez Monroy, inaugurated the new Woolworth Pitillal store, the second of the commercial chain in Puerto Vallarta that generates new jobs and the opportunity for more Vallartian families to have a better income. Together with the general director of Woolworth, Enrique Marcos; the director of Operations, Antonio Antúnez, and the...
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