Mexico City. Almost 6 in 10 US firms have relocated their operations from Asia to the United States after the Covid-19 pandemic, while 11 percent have relocated their production processes to Mexico, according to a Kearney study. Omar Troncoso, general director of the consulting firm in Mexico, commented that 28 percent of the executives who … Read more
Mexico City. As part of the banking efforts to concentrate the opportunities offered by the phenomenon of company relocation, better known as nearshoring, Citibanamex executives met with 52 companies in Asia. “Citibanamex corporate banking executives toured Asia with the aim of strengthening commercial ties with companies in the region, promoting relocation to Mexico and promoting … Read more
Acapulco, Gro. The presidential candidate of PAN, PRI and PRD, Xóchitl Gálvez, warned the bankers that if they continue “six more years of Morena, we will lose our nearshoring; bye, bye, nearshoring”. When attending the 87th Banking Convention, organized in a hotel in this port, he also accused that the pension reform being discussed in … Read more
Acapulco, Gro. The phenomenon of company relocation has benefited not only the industrial or export sector, but also the aeronautical sector. The growth in flight demand has prompted Aeroméxico to seek to open more than 10 new routes between Mexico and the United States in the next six months, company executives announced. With a market … Read more
Mexico City. A group of Democratic legislators urged President Joe Biden’s administration to take additional measures “in the face of the imminent danger posed by the expansion of Chinese automotive exports,” which seek to enter the United States. They emphasized that, beyond economic considerations, this is an issue of national security, given that the initiatives … Read more
Mexico City. In economic terms, this year looks from good to very good for Mexicosince the activity has shown that it continues in a positive moment with a favorable internal and external environment, says Jean Marc Mercier, general director of Grupo Financiero Invex. In an interview before the 87th Banking Convention to be held April … Read more