México, Sunday , May 27 , 2018 8:55 hrs.
Science & Tech
Foreign direct investment surges 19.6 percent in first quarter
Mexico (Notimex) - Foreign direct investment in Mexico reached $9.5 billion in the first quarter of the year, up 19.6 percent from the same period last year, the Economy Ministry said.
The figure is the highest (preliminary) on record, the ministry added.
Foreign investment during the current adminstration (2012-2018) totals $181.7 billion, 15 percent higher than the administration's goal.
Mexican economy continues growth trend
Mexico (Notimex) - Mexico's economy continued to grow through the first quarter of this year, while inflation maintained a downward trend, according to Citibanamex analysts.
The bank said that the Mexican economy grew 1.4 percent year-on-year in the first three months of 2018, higher than last year's 1.2 percent.
"This is because the manufacturing sector had a better result than we expected in March,"...
Mexico is strategic for Galician businesses
Mexico (Notimex) – Mexico is a strategic platform for companies in Galicia, Spain, as it allows access to North and South American markets.
“In the past two years, we’ve increased our exports to Mexico more than 40 percent, and there are currently 500 companies exporting to that market. Over the past year, exports surpassed 500 million euros,” said Juan Manuel Cividanes, director of the Galician...
Exports to Canada surge in March
Ottawa (Notimex) - Mexican exports to Canada surged 39.2 percent in March compared with the previous month, Statistics Canada said.
The figure represents $2.6 billion.
Canada's exports to Mexico grew 12 percent in the same period, reaching $5.4 million.
The trade balance continues to be favorable for Mexico, and almost doubled in March compared with January this year.
Mexico's top exports to Canada...