By Adina Moloman Sources: Co-Production International, Financial Times Audi, the luxury car unit of Volkswagen is considering Mexico for its next big investment in North America, starting in 2016. According to the Minister of Economy, Bruno Ferrari, the investment would be worth about $2 million and the main reason of the investment is to cover [...]
Main world currency on the first trimester of 2012
By Adina Moloman Sources: Businessweek, Worldonlinebank.net Even when Mexico peso fell 0.8 percent to 12.8122 per U.S. dollar, registered yesterday, Mexico’s peso and the Australian dollar are still among the 16 major currencies on demand for higher-yielding assets. So the investors might still play safe to bet on Mexico Manufacturing. The Mexico peso slipped after [...]
Mexico as a growth oriented economy
By Adina Moloman Source: Notimex, Financial Post During a symposium held in London a few days ago, Jim O’Neill, the Goldman Sachs chief economist, mentioned that Mexico will become the world’s seventh largest economy by 2020 and contribute 7.8% of the global GDP, more than Russia and India. Jim O’Neill, is the creator of the [...]
Latin America, the next big thing in aerospace industry
By Adina Moloman Sources: Economy watch; Aerospace-technology.com; Promexico.gob.mx/ National Flight Plan (Mexico); www.trade.gov/Flight Plan 2011(US) It has been proved that there are a few strategic countries for the development of aero-space industries, such as: China, India, Russia, Brazil and Mexico, where most of US, Europe and Canadian air craft companies are willing to invest. China [...]
New office of the Mexican Institute of Industrial Property (IMPI) in Baja California
By Adina Moloman Source: IMPI, US Department of State, SE Baja California is open to foreign direct investment (FDI) in most economic sectors and has consistently been one of the largest recipients of FDI among other Mexico Manufacturing regions or any other global regions from emerging markets. In order to compete Baja California with its [...]
Baja California to host G20 summit in 2012
By Adina Moloman Source : Xinhua/English (People’s Daily Online); www.g20-g8.com Following the most recent summit, which was held in Cannes in November 2011, Mexico will chair and host the leaders’ summit in 2012. Mexico’s President Felipe Calderon has officially selected Los Cabos, Baja California Sur, as the host city for the 2012 G20 Summit[1], which [...]
Doing Business in Mexico
By Adina Moloman Source: Doing Business 2011: Making a Difference for Entrepreneurs (The World Bank report) The World Bank’s Doing Business 2011 report, rates 183 countries on the ease in which they allow firms to operate, based on criteria such as how easy it is to start a business or get credit. The Asian countries [...]
Baja California Medical Device Supplier Day 2011
By Adina Moloman This September will take place the 4th edition of the Medical Device Supplier Day 2011 in Tijuana, Baja California. The annual event of the Baja California Medical Device Cluster will take place on September 7th 2011 at the Gran Hotel Tijuana. The purpose of the event is to allow new business opportunities [...]
