News

New Mexico council pledges up to US$225 million to 3 funds

SANTA FE, NM – New Mexico State Investment Council, Santa Fe, committed a total of up to US$175 million to two real asset funds and up to US$50 million to a new open-end real estate continuation fund The council committed up to US$100 million...

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San Ysidro businesses still hurting from closures

SAN YSIDRO – The coronavirus-related restrictions on non-essential travel across the border have hit San Ysidro businesses hard “At least 103 businesses have closed due to the border-crossing restrictions,” said Jason Wells, the executive...

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AMLO insists that Mexicali brewery will never operate

MEXICALI - President López Obrador has ruled out any possibility that a United States company will be allowed to proceed with a brewery project in Mexicali, Baja California, that the federal government halted after a referendum in March The...

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New Mexico moving to color-coded reopening plan

SANTA FE, NM — The state announced details on a color-coded tier system which will determine what businesses can begin to reopen moving forward According to a news release from the New Mexico Department of Health, the shift in the reopening...

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Chihuahua eases business restrictions

JUAREZ – The state of Chihuahua relaxed coronavirus-related restrictions on businesses Juarez restaurants will again welcome diners and most non-essential businesses will reopen with limited occupancy as the state is going from red threat...

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Prent Corporation is Expanding in NM

NEW MEXICO – Prent Corporation—a leading designer and manufacturer of custom plastic, rigid thermoform packaging for the medical, electronics, and consumer industries—will be investing US$125 million in a new manufacturing facility in Santa...

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President Proposes Energy Deal

MEXICO – Sempra Energy needs one final permit from the Mexican federal government before it can proceed in the expansion of a liquefied natural gas, or LNG, facility near Ensenada At a news conference, President Andres Manuel Lopez Obrador...

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Tijuana Businesses Fined

TIJUANA – City inspectors recently fined 111 businesses for allegedly violating COVID-19 preventative measures The city’s Inspection and Verification Directorate, the department that issues permits and inspects businesses for safety...

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San Ysidro Chamber Calls for Relief

SAN YSIDRO – Since March, US border officials have restricted non-essential travel at the US-Mexico border because of the coronavirus pandemic Now, the San Ysidro Chamber of Commerce is pushing to end the coronavirus-related crossing...

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Fiscal support on the northern border is extended

MEXICO – President Andrés Manuel López Obrador announced that a decree will be signed to extend the application of fiscal support to the northern border until 2024 "We started this program in 2019, at the beginning of the government, and it...

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