Singapore President / Lower Gasoline Prices

Sheinbaum to Meet Singapore President to Formalize Embassy. President Sheinbaum announced she will meet with Singaporean President Tharman Shanmugaratnam to formalize the opening of Singapore’s Embassy in Mexico. She noted that the meeting will also include announcements on joint investments and collaborative projects.

“At 10 a.m., the President of Singapore will arrive. This is an important meeting toward the embassy in Mexico being officially established. In addition, there are several investments and joint projects that we will announce later in a joint press conference,” Sheinbaum said.

Mayan Train to Lower Gasoline Prices. During her visit to Quintana Roo, President Claudia Sheinbaum noted that gasoline prices exceed MX$23.99/L (US$1.31/L), the amount agreed upon with gas station owners. She explained that the construction of a Mayan Train freight line and a new fuel storage center will help reduce transportation costs and, consequently, lower fuel prices.

“I noticed that in some areas of Quintana Roo, gasoline costs over MX$24/L. I asked Pemex why, and it turns out that part of the fuel for the south comes through the port of Progreso, Yucatan, but there are very few storage terminals. Tanker transport costs are high. With the Mayan Train freight system, we plan to build a fuel storage center, which will reduce transport costs,” she said.

Welfare Program. Minister of Well-Being Ariadna Montiel announced that in 2025, all pension payments were delivered to 13,232,000 older adults. The final payment of the year, distributed on Nov. 27, totaled MX$484.483 billion.

“All 13,232,000 older adults received their six payments for the year. The payment operation concluded on Nov. 27, with a total investment of MX$484.483 billion. Regarding the Women’s Well-Being Pension, resources were recently distributed to registered recipients, making this pension universal for women aged 60 to 64,” Montiel stated.