México, Friday , November 16 , 2018 0:36 hrs.
Science & Tech
Mexican economy to grow 1.7 percent by 2019: Monex
Mexico (Notimex) - Financial firm Monex said that it forecasts Mexico's economy to grow 1.7 percent by 2019.
Growth will depend on the public spending budget next year, which must maintain the promise of a continued fiscal surplus, said Monex's deputy director of economic analysis, Janeth Quiroz.
She added that the next administration must confirm its commitment to maintain healthy public spending...
Continental AG to build production plant in Mexico
Dallas (Notimex) - German automotive manufacturing firm Continental AG has announced its plans to build a production plant in the state of Aguascalientes, Mexico.
The new plant will create some 1,000 jobs and will focus on making parts of car interiors.
Construction will begin in 2019 and production is scheduled to begin in 2021, said a Continental spokesperson.
Mexico and China aim to consolidate trade ties
Mexico (Notimex) - Mexico is seeking to consolidate its trade ties with China, the world's second largest economy that will export some $10 billion worth of goods and services over the next five years.
That is the conclusion of Paulo Carreño, director of Mexican investment promotion agency ProMexico, adding that both countries' trade ties are going through a "good moment".
Mexico will be one of...
Mexico exports up 12 percent in September
Mexico (Notimex) - Mexico's exports reached $37.8 billion in September, up 12 percent from the same month in 2017, the country's statistics agency Inegi said.
The results were boosted mainly by a 10 percent increase in non-oil exports and a 43.8 percent surge in oil exports.
Of the total oil oil exports in September, sales to the U.S. grew 9.8 percent and 11.2 percent to the rest of the world.