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Mexico Records 0.8% Economic Growth Under AMLO's Administration
By MBN Staff - Fri, 02/23/2024 - 12:52
INEGI released revised figures for Mexico’s economic growth, revealing that the country’s economy grew 0.8% in six years of the AMLO administration.
https://mexicobusiness.news/tag/amlo
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Telmex Unprofitable for Over a Decade: Carlos Slim
By MBN Staff - Tue, 02/13/2024 - 11:26
For at least ten years, Telmex has been experiencing financial losses and halted dividend payments a few years back.
Tax Incentives Attract Investment to Interoceanic Corridor
By Perla Velasco - Fri, 09/08/2023 - 10:47
Mexico will offer tax incentives for responsible investment in the southeast of the country with the aim of creating quality jobs in the region.
Carmakers, Government, New Generations Could Lift Green Car Sales
By Roberto Esparza - Wed, 05/03/2023 - 15:00
The evolution of the automotive sector in Mexico toward the increase of green cars is increasingly evident, writes Roberto Esparza.
FONADIN to Finance Purchase of Iberdrola’s 13 Generation Plants
By Emilio Aristegui - Thu, 04/20/2023 - 12:01
SHCP explains the purchase of Iberdrola’s 13 generation plants will cost about US$5.9 billion and will be mainly financed by FONADIN.
Analysts Expect Tough Year for Mexican States, Municipalities
By Antonio Gozain - Thu, 12/29/2022 - 10:00
Record transfers that states and municipalities will receive in 2023 will be hurt due to growth forecasts falling short, analysts warned.
Mexico Adds Unicorn, Could Slow Down in 3Q22
By Emilio Aristegui - Fri, 07/22/2022 - 09:00
Stori became Mexico’s ninth unicorn after receiving a US$150 investment but analysts forecast a possible slowdown in 3Q22.
Bank Ownership Grows: The Week in Finance
By Emilio Aristegui - Wed, 07/06/2022 - 16:30
The World Bank’s Global Findex report indicates that bank account ownership sits at 76 percent worldwide.
Mexico Strengthens Relationship with Dubai: The Week in Finance
By Emilio Aristegui - Thu, 06/23/2022 - 10:05
The United Arab Emirates announced the opening of the Dubai International Chamber in Mexico. This and more in the week in finance.
Banxico to Increase Interest Rate Again
By Sofía Hanna - Fri, 06/17/2022 - 15:46
The Mexican bank is exploring this possibility after the US Federal Reserve increased its interest rate.