Category: Business

New restrictions will affect the maquiladora industry

CHIHUAHUA – The new plan implemented by Chihuahua to stop COVID-19 infections, could impact the maquiladora industry with a loss of exports with a value of US$1 billion, estimated the president of Index-Chihuahua, Luis Carlos Ramirez He...

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Restaurants in Coahuila will remain open

LA LAGUNA – The restaurants adhering to the National Chamber of the Restaurant Industry in La Laguna (Canirac), will continue to open under the commitment to take care of costumers’ health, with protocols designed by state and municipal...

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Chihuahua’s finances were the least affected by COVID-19

CHIHUAHUA – Although during the second quarter of 2020 the economy of the country’s 32 states collapsed as a result of COVID-19, Chihuahua was one of the least affected According to the "Quarterly Indicator of State Economic Activity"...

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El Paso closes non-essential businesses

EL PASO – In order to reduce the number of COVID-19 infections and positive cases in the region, El Paso County ordered the closure of non-essential facilities over two weeks, a measure that is already being implemented Through a press...

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Economic activity in Nuevo Leon falls by 22%.

NUEVO LEON – In the second quarter of the year, Nuevo Leon's economic activity decreased by 22% compared to the same period of last year, mainly due to the suspension of activities generated by the COVID-19 pandemic The Quarterly Indicator of...

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Nuevo Leon’s industry recovery moves forward

NUEVO LEON – Nuevo Leon's industry rebounded its activity during the month of September, reaching this year's highest indicators, according to Nuevo Leon's Manufacturing Expectations Report The index of physical production value stood at 555...

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IIP Acquires New Facility

SAN DIEGO – San Diego-based Innovative Industrial Properties (IIP) has inked yet another deal The company, a publicly traded real estate investment trust (REIT) focusing on the cannabis sector, announced the acquisition of a cannabis facility in...

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Baja California Sur predicted to finish the year with 3 million tourists

BAJA CALIFORNIA – Luis Humberto Araiza of the state’s Ministry of Tourism, Economy and Sustainability (Setues) says that BCS will close out the year with three million tourists, around 70% of the number of visitors the state saw...

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Walmart Builds Distribution Center

MEXICALI – Walmart de Mexico, SAB de CV, or Walmex, is building a 270,000 square feet distribution center in Mexicali, the company confirmed Bucking the trends of a global recession, Walmex has become one of Baja California’s economic...

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Sonora, one of the states most affected by the COVID-19

HERMOSILLO – Sonora was one of the states with the greatest negative impact on its economy due to the premature closure of industrial sector companies at the beginning of the health contingency by COVID-19, said Gerardo Vazquez Falcon, president...

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