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  • US$123.3 million to be invested by Conacyt-Sener
  • Baja California is assembling an investments portfolio for US$1.2 billion
  • The Federal Government has confirmed a new airport in Mexico City, adjoining the current AICM
  • Automotive manufacturer will invest US$3 million in Jalisco
  • Mitchell Plastics open their doors in Queretaro
  • Mexico, ready to receive Canadian investment in SMC’s: Bancomext
  • More plants from foreign companies arriving to Monterrey
  • TEN Arquitectos the most likely choice to build the new airport
  • Technological Agroindustry Park to be built in Zapotlan
  • Parras will have an industrial park
  • Kia Motors will start assembling autos in Mexico in 2016
  • Aerospace Summit to be held in Queretaro
  • Mexico and the USA promote aerospace SMC’s cluster
  • Investment in Baja California aerospace industry
  • SCT promotes the creation of the Federal Civil Aviation Agency
  • Uruapan is attractive for assemblers in the automotive industry: Ministry of the Economy
  • Vesta is raising an automotive industrial park in Tlaxcala
  • Peńa Nieto will announce the new Hyundai plant
  • Guanajuato wants it all: they are after suppliers
  • Guanajuato will reactivate the leather industry
  • Banking system in Mexico, a role model on strength

    Mexico.- The strength of the banking system in Mexico will allow to start applying as of this year new capital agreements, while for most international banks this will mean a huge effort, with possible consequences in the short term. Guillermo Babatz Torres, Chairman of the National Banking and Securities Commission, Comision Nacional Bancaria y de Valores (CNBV), said that current rulings in Mexico are very similar to Basel III rules, which means that the banking sector in Mexico is already operating “under very strict rules”. “The current discussion is taking place globally, not in Mexico, and the reason is that the enforcement of Basel III means a huge effort for most international banks in the world, while the enactment of Basel III in Mexico does not mean a greater effort for local banks”, he said.
    Source: Notimex | Date: 06/03/2012