The Chinese company Trina Solar, specialized in photovoltaic products and systems and energy intelligent, will invest between US$700 and US$1,000 million in the Mexican state of Nuevo León, in the north of the Latin American country, the state government said on Monday. The announcement is part of a tour of Asia by the governor of […]
Tag: Mexico
Mexico offers tax incentives to promote nearshoring investments
Mexico issued a decree on Wednesday to boost investments by the so-called “nearshoring”, granting tax benefits to companies that move their operations to the country, mainly in the export industry. Treasury Undersecretary Gabriel Yorio said in a post on social network . “These incentives are available in all states and municipalities in the country, extending […]
Due to delays at the Mexico-US border, trade is hit by US$ 1.9 billion
The trade between Mexico and USA has received an impact of US$ 1.9 billion, as at least 19,000 cargo trucks were left behind due to the decision to stop the flow of units that transit the three border bridges between Ciudad Juárez, in the north of the country, and El Paso, Texas, in the United […]
Mexico: Pemex is required to reveal progress in refinery construction
The state-owned Petróleos Mexicanos (Pemex) The Construction and Installation Project of the Olmeca Refinery must be made public, as well as the progress report, schedules and calendars, ordered the National Institute of Transparency, Access to Information and Protection of Personal Data (Inai). According to the resolution of the Inai plenary session, knowing the performance of […]
The certainty of investments, an essential factor for “nearshoring” in Mexico
The security and certainty of investments in Mexico They constitute an essential factor for the country to take advantage of a particularly favorable situation for its economic development, such as the phenomenon of the so-called ““nearshoring”by virtue of which companies establish a part of their production closer to the final destination, was highlighted today at […]
Japanese companies are interested in investing in Mexico for “nearshoring”
More than 20 Japanese companies are interested in investing in Mexico due to the phenomenon of relocation of production lines or “nearshoring”The Japanese Foreign Trade Organization (Jetro) revealed to EFE this Wednesday. “Right now more than 20 Japanese companies are doing feasibility studies, but it is not known what the total number of these companies […]
“They put a price on everything”: organized crime hits the pockets of Mexicans
Two abandoned plots stand out among gigantic crops of lemon and banana in ApatzingánMexico. Its owners were preparing the land to plant, but they preferred to leave when the organized crime He came to extort them. In this agricultural municipality in the state of Michoacán (west), as in many others in Mexico, criminals act as […]
OECD: Mexico maintains one of the highest levels of poverty and inequality
The Organization for Economic Cooperation and Development (OECD) warned this Tuesday that Mexico maintains one of the highest levels of poverty and inequality in the group, made up of 38 countries, including Chili, Colombia and Costa Rica. In its annual report on structural reforms, the OECD reported that Mexico has a poverty gap index of […]
Migrants defy operations on Mexico trains to reach the US
Despite the operations of the Government of Mexico and the railway company Ferromex, thousands of migrants They continue to risk their lives and get on the country’s trains, in particular “The beast”to reach the border with USA. In Ciudad Juárez, on the border with Texas, EFE documented the arrival of one of these trains, which […]
Mexico registers the highest number of divorces in the last 10 years
Mexico recorded the highest number of divorces of the last 10 years in 2022, when a total of 166,766 were recorded, an annual increase of 11.4%, the National Institute of Statistics and Geography (Inegi) revealed this Wednesday. The divorce rate per 1,000 inhabitants was also the highest since 2013, reaching 1.86, according to the autonomous […]