Category: Business

Germany seeks to invest more FDI in Nuevo Leon

NUEVO LEON – With an accumulated investment of US$35 billion in Mexico, German companies are looking for more presence in Mexican territory and Nuevo Leon may be one of their favorite destinations This is what Fritz Eisele Thurau, Honorary...

READ MORE

Pandemic helps to plug ‘sales tax leakage’ in rural South Texas

RIO GRANDE CITY – At a time when many Southwest border communities are suffering from a drop in sales tax revenue due to travel restrictions imposed during this COVID-19 pandemic, rural Starr County in deep South Texas is reporting a surprising...

READ MORE

Chihuahua was the state least affected by COVID-19

CHIHUAHUA – During June, industrial activity in Chihuahua contracted by 127% compared to the same month of 2019, making it one of the least affected states in the country, according to data from the National Institute of Statistics and Geography...

READ MORE

COVID-19’s Fiscal Ills: Busted Texas Budgets, Critical Local Choices

By Jason Saving Federal Reserve Bank Of Dallas Texas tax revenue on a year-over-year basis plunged by an alarming 49% in April, the first month to fully reflect the economic impact of COVID-19 While tax collections have since partially...

READ MORE

Business Groups Accuse Baja California Governor of Extortion

BORDERNOW Staff Report Baja California businesses and business groups are accusing the Baja California Governor Jaime Bonilla of extorting payments for water by threatening to cut off services for alleged unpaid bills Multiple businessmen say...

READ MORE

Arizona ranks third for economic momentum

ARIZONA – Arizona is ranked third best in the nation for economic momentum, based on a new report by State Policy Reports The report ranks states’ economic momentum based on growth in personal income, employment and population Arizona ranked in...

READ MORE

South Texas leaders in Mexico to discuss water debt

TEXAS — A delegation of local South Texas leaders led by US Rep Henry Cuellar, D-Texas, met with Mexico’s foreign minister in Mexico City as part of ongoing meetings that continue over a number of issues affecting US border communities,...

READ MORE

Bars reopen in Tijuana

TIJUANA – Bars in Tijuana are being allowed to reopen provided they meet and adhere to health protocols like social distancing to prevent the spread of COVID-19 “I want to say this again very clearly, a bar or restaurant bar, anywhere where...

READ MORE

El Paso’s hard-hit hotel industry continues to struggle

EL PASO – The coronavirus pandemic has been devastating for El Paso’s hospitality industry, forcing thousands to lose their jobs “At the height of the pandemic, if you want to call it that, there were hotels that were running single digit...

READ MORE

Tower in Nuevo León will be Latin America’s tallest

MONTERREY – Monterrey, Nuevo León, plans to build what will be the tallest skyscraper in all of Latin America, said Mayor Adrián de la Garza in his second annual report The 420-meter building, to be named Torre Rise, is now in the...

READ MORE