Login to Digital Content
User:
Pass:
 
Last News
  • Amistad Desarrolladores grows with the automotive industry
  • Mars inaugurates the expansion of their plant in Jalisco
  • Jalisco will insist on the aerospace industry
  • Chinese vehicles assembler to be established in Chihuahua
  • Continental will invest US$2.7 million in the expansion of their manufacturing plant in Silao
  • 4G Ingenieria Plant inaugurated in Guanajuato
  • Care Fusion inaugurates new facilities
  • GMexico planning to invest US$9 billion by 2017
  • Governor Francisco Vega confirms investment and employment in BC aerospace sector
  • Pepsico invests US$56.6 millions in treatment plant
  • Chihuahua will manufacture an airplane by 2023
  • The first machines for Audi plant have arrived
  • Interjet reports the results of Mexico-Bogota route a year after it started operating
  • Altamira Port will receive investments for US$75.5 million in 2014
  • OMA will invest US$26.5 million in the new Acapulco terminal
  • Audi, BMW and Mercedes looking for suppliers in Mexico
  • Auto parts company starts operations in Parral
  • Cesar Duarte will travel to China to “secure” assembly plant
  • Guanajuato Inland Port grows with new tenants
  • A new Hyundai plant may be installed in Nuevo Leon
  • Mexico keeps rating as stable: Standard and Poor´s

    Mexico.- Mexico’s rating shows the government’s history of applying cautious fiscal and monetary policies, which have contributed to keeping inflation and deficit low, have pushed its economic resistance and have kept foreign debt at bay. The rating also shows Mexico’s limited fiscal flexibility and modest economic growth perspectives in the medium term. Approximately 35% of total budgetary income comes from the petroleum sector, which leaves the government in a vulnerable situation due to the volatility in oil prices, while the non-petroleum revenue basis remains low. The Mexican economy grew 3.96% in 2011 and domestic demand gained impulse, while net exports slowed down. We consider growth in 2012 will decelerate to 3%, in line with what happened upon closing last year and amidst global economic uncertainty. Therefore, we estimate growth rate will average 3.3% in coming years, which is low if compared to most of the other emerging markets. Source: Kiosco Mayor
    Source: Miscellaneous | Date: 07/05/2012