Mexico Metropolis. Though analysts and authorities discuss in regards to the rise of firm relocation and the nearshoringthe employment of personnel by the maquiladora trade in Mexico confirmed weak spot, though after 9 months of declines it registered an advance of 0.3 p.c final April. The Nationwide Institute of Statistics and Geography (Inegi) revealed this … Read more
Mexico Metropolis. Mexico must take care of the strain that the USA will exert on it to cut back its business ties with China; in addition to present an answer to the obstacles it faces to potentiate nearshoring, corresponding to producing adequate clear power, issues in water provide, having specialised human capital, and insecurity, amongst … Read more
Mexico City. The country has enough potential to be the tenth most important economy in the world, said Eduardo Osuna Osuna, vice president and general director of BBVA México, the bank with the greatest presence among those operating in the country. For this to happen and for activity growth to exceed the 2 percent annual … Read more
Mexico City. Mexico will grow this and next year above the average of the countries that make up the Organization for Economic Cooperation and Development (OECD), the organization itself revealed, although it made a downward adjustment for its 2024 estimate. A “market “solid labor market”, with historically low unemployment rates, added to the investment in … Read more
Mexico City. The political noise in Mexico does not affect the financial markets as much, since they are more concerned about the country’s high fiscal deficit, close to 6 percent, and the US elections; The above, because the result of the elections will not change Mexican economic policy much, said Ernesto Revilla, chief economist for … Read more
Mexico City. Banks from Mexico and Paraguay stand out in the region with a positive outlook for 2024 thanks to beneficial operating conditions, analysts from the credit agency Moody’s said this Wednesday, who reviewed the outlook for lenders in the main Latin American markets. Among 10 banking markets in the region, Moody’s has seven stable … Read more