News

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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Nuevo Leon attracted 10.5% of investment

NUEVO LEON – From January to September, Nuevo Leon generated in flow an investment of US$24 billion, which represented 1058% of the total Foreign Direct Investment (FDI) in the country, of US$234 billion, due to the reopening of the economy and...

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Nuevo Leon's economic activity will fall 11.90% this year: Caintra

NUEVO LEON – The Chamber of the Transformation Industry of Nuevo Leon (Caintra), forecasts that the state's economic activity will fall 1190% this year, considering that the disruptions caused by the COVID-19 pandemic were accompanied by an...

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Coppel and Vesta will invest US$32 million in Monterrey

MONTERREY – The department store firm Coppel and the industrial park company Vesta will together invest US$32 million over an initial period of 10 years to develop a new distribution center in Monterrey, which will begin operations in April...

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FIBRA Macquarie Had a Resilient Quarter

MEXICO – FIBRA Macquarie México, owner of one of the largest portfolios of industrial and retail property in Mexico, informed that during the third quarter of this year, it signed 14 new and renewal leases, comprising 1 million square feet of...

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U.S. Economy is Mexico’s Lifeline

By Nancy J Gonzalez The US recovery is helping the Mexican economy After the hit of the COVID-19 pandemic, Mexicans living abroad sent more remittances while the demand of vehicles forced the Mexican automotive manufacturing sites to increase...

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Asian Manufacturers Are Looking to Invest at the U.S.-Mexico Border

By Nancy J Gonzalez The new provisions included in the United StatesMexico-Canada Agreement (USMCA) as well as the COVID-19 pandemic and its disruptions to global supply chains have forced manufacturers to reconfigure their operations, and the...

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Energy: Turning Point in US-Mexico Relations

By Nancy J Gonzalez Energy is set to be a conflictive issue in the new US- Mexico relationship, under the new Joe Biden administration While President Donald Trump and Mexican President Andres Manuel Lopez Obrador (AMLO) have favored fossil...

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Abzena Grows in California

CALIFORNIA – Abzena, a leading contract provider of integrated discovery, development and manufacturing services for biologics and bioconjugates, has invested US$60 million into a new manufacturing nerve center at its San Diego site, creating 125...

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