For supply chain companies, U.S.-Mexico border closures could be catastrophic and other news this week

Manufacturing in Mexico with Shelmex and USMCA The new North America Free Trade Agreement (NAFTA) has taken shape in the form of the United States Mexico Canada Agreement (USMCA). The USMCA is the updated version of the trillion-dollar free trade agreement between the three countries that is 25 years old. The new deal includes big […]

This Week in Mexico Coronavirus: Mexico may consider border-crossing limits Summary Mexican health officials say the virus would spread from the US to Mexico, as confirmed cases remain low in the country. Mexican Deputy Health Secretary Hugo Lopez-Gatell has said authorities would consider mechanisms to control the flow of people entering Mexico from the United […]

This Week in Mexico FIBRA Prologis Announces Results of the Subscription Offering Summary IBRA Prologis (BMV:FIBRAPL 14), a leading owner and operator of Class-A industrial real estate in Mexico, today announced that, in connection with the preferential right granted to qualified existing holders of its CBFIs, it received subscriptions in excess of the offering and […]

This Week in Mexico Infinet Wireless delivers state-wide wireless public security network in Mexico Summary Infinet Wireless, the global leader in fixed broadband wireless connectivity, has successfully installed a new high-capacity wireless infrastructure to improve public safety and expand its geographical coverage in the Zacatecas state, located in north-central Mexico. Infinet Wireless has provided connectivity […]

This Week in Mexico Mexico’s 2020 Tax Reform Focuses on Income The new tax reform for the tax year 2020 was published in in the Federal Official Gazette of Mexico, amending provisions of the Income Tax Law, the Value-added Tax (VAT) Law and the Federal Tax Code, among other laws, on December 9, 2019. The […]

Mexico´s economy officially contracted in 2019 after sluggish industrial output and falling business investment. There was also a slowdown in services. The collection of circumstances created a drop in employment and they contributed to the country’s weakest economic performance since 2009.  Kicking off 2020, January continued to reflect a decline in growth but the IHS […]

The Advantages of Manufacturing in Mexico Mexico has replaced China as American companies’ most favorite manufacturing base. It is favored due to various reasons, one of which is it helps to boost the American economy since most raw materials used in those maquiladoras are imported from the USA. While the ultimate advantage of offshoring the […]