News

Baja California approved tax on transportation apps and delivery services

BAJA CALIFORNIA – Deputies of the Congress of Baja California approved a bill to tax the services of private transportation and shipment of goods With this measure, mobile applications that offer private transport services for people and goods...

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Sonora forecasts at least 45,000 job cuts

HERMOSILLO – The Maquiladora and Manufacturing Export Industry (INDEX) in Sonora, estimated a cut of up to 45,000 workers from a total of 130,000; this if the temporary mandatory closure of companies continues as a prevention measure against the...

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BorgWarner Acquires Delphi Technologies

BorgWarner Inc and Delphi Technologies PLC have entered into a definitive transaction agreement under which BorgWarner will acquire Delphi Technologies in an all-stock transaction that values Delphi Technologies’ enterprise value at approximately...

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Green Energy to Arrive in Tijuana

Tijuana could become the third city in Mexico to have green energy by February 2021, according to a top energy official The project to begin incorporating renewable sources of energy into the city’s grid Would generate an annual savings of...

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Calidi Biotherapeutics Secures Investment

Calidi Biotherapeutics, Inc, a San Diego, CA-based clinical stage Immuno-oncology Company at the forefront of cell-based oncolytic virus immunotherapies for cancer, raised a Series A funding round of undisclosed amount Backers included Korean firms...

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FIBRA Macquarie Keeps Growing in Juarez

FIBRA Macquarie Mexico has leased the first phase of its recently completed industrial development in Ciudad Juarez “Our first development project in Ciudad Juarez has been successful for FIBRA Macquarie from a number of aspects The first phase...

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Tijuana's medical tourism is affected by the COVID-19 pandemic

TIJUANA – Tijuana has been affected economically due to the health contingency caused by the Covid-19; one of the most affected industries in this entity is medical tourism This sector reported an economic income of US$12 billion in 2019,...

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Sonora’s industry analyzes conditions in order to resume activities

SONORA – The manufacturing and maquiladora export industry (INDEX), sees the conditions to resume activities; it is expected that before the end of the month, the federal government will issue the decree to homologate essential industries that...

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Lear donates face masks in Ciudad Juárez

CIUDAD JUAREZ – The automotive manufacturer, Lear Corporation, donated 5,000 face masks distributed in different hospitals in Ciudad Juarez in order to support the health personnel dedicated to treat Covid-19 patients The donated mouth guards...

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USMCA will enter into force in July

US – US trade representative, Robert Lighthizer, said the new trade agreement between the United States, Mexico and Canada (USMCA); will enter into force on July 1st, one month later than initially proposed Lighthizer said both Mexico and...

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