08Oct

Nearshoring: The Path to Boosting Productivity in Mexico

Posted by México
On Tuesday October 8th, 2024
0 Comments

Nearshoring has emerged as a significant driver of economic growth and productivity in Mexico. A recent study conducted by MetLife Mexico suggests that the practice could increase labor productivity in the country by 15 to 30 percent by 2030. This article explores the potential impacts of nearshoring on the Mexican economy, the challenges businesses will […]

08Oct

Bogotá leads Colombia’s Startup funding with 97% of capital raised by mid-2024

Posted by Colombia
On Tuesday October 8th, 2024
0 Comments

Bogotá is well-positioned as a powerhouse in Latin America’s startup ecosystem, raising 93% of its total capital for 2023 in the first half of 2024 alone. The latest report from Invest in Bogotá reveals that the city captured 97% of the capital raised in Colombia, underscoring its strategic advantage in attracting substantial financial inflows. Notably, […]

06Sep

Foreign Direct Investment in Colombia plunges 28% in the first half of 2024

Posted by Colombia
On Friday September 6th, 2024
0 Comments

Colombia’s foreign direct investment (FDI) suffered a significant blow in the first half of 2024, plummeting by 28% to USD 6.7 billion, according to the latest data from the Central Bank (Banco de la República). This sharp decline, representing 3% of the country’s semi-annual GDP, stands in stark contrast to the same period last year […]

06Sep

Demographic Analysis of Immigration in Mexico

Posted by México
On Friday September 6th, 2024
0 Comments

According to a recent demographic analysis, Mexico has seen an increase in foreign immigration, especially in cities like Aguascalientes, León, Querétaro, San Luis Potosí, and Monterrey. These cities not only offer job opportunities but also a quality of life that attracts professionals from various parts of the world. Aguascalientes Aguascalientes has recorded a […]

13Aug

Colombia and Sweden mark 150 Years of diplomatic relations

Posted by Colombia
On Tuesday August 13th, 2024
0 Comments

Colombia’s ARC Gloria in Stockholm harbour for the 150-year celebration of diplomatic relations. To celebrate 150 years of diplomatic relations between Colombia and Sweden, the Swedish Embassy in Bogotá hosted a reception with members of the Swedish community resident in the country, business leaders representing Swedish companies in Colombia, friends of the foreign mission, […]

13Aug

Did You Come to Mexico for Work and Want to Stay? This Information on Obtaining Residency is for You.

Posted by México
On Tuesday August 13th, 2024
0 Comments

Permanent residency in Mexico is an appealing goal for many professionals and business owners looking to settle in this vibrant country. At Relocations RS, we understand that the process may seem complicated, but with the right information, you can navigate it successfully. Here is a step-by-step guide based on the Property Journal article, tailored to […]

10Jul

CEPAL Forecasts 2.5% Growth for Mexico in 2024 Amid Development Challenges in Latin America

Posted by México
On Wednesday July 10th, 2024
0 Comments

The Economic Commission for Latin America and the Caribbean (CEPAL) predicts that Mexico’s economy will grow by 2.5% in 2024. This forecast is consistent with the projection made in December and is lower than the 3.2% growth seen in 2023, yet it exceeds the average expectations for the region. Overall, Latin America and the […]

10Jul

Medellín leads Colombian cities with Venezuelan migrant population

Posted by Colombia
On Wednesday July 10th, 2024
0 Comments

Medellín, capital of Colombia’s Antioquia department, has become a major destination for Venezuelan migrants, with the United Nations Refugee Agency (UNHCR) reporting a total of 240,278 Venezuelan migrants residing in the city. This figure represents approximately 10% of Medellín’s population, highlighting the city’s significant role in the ongoing regional migration crisis. Elisa Carlaccini, head […]

20Jun

Claudia Sheinbaum’s Triumph: A New Era for Mexico Under Its First Female President

Posted by México
On Thursday June 20th, 2024
0 Comments

June 2, 2024, will be remembered as a landmark date in Mexico’s history. Claudia Sheinbaum’s decisive victory as the first female president of the nation marks a significant milestone, not only for Mexico but for North America as a whole. Her ascent to the highest office signals a transformative moment in Mexican politics, reflecting both […]

20Jun

Colombia is IKEA’s New Frontier for Expansion

Posted by Colombia
On Thursday June 20th, 2024
0 Comments

IKEA, the multinational company specializing in the sale of ready-to-assemble furniture, is looking to expand in Colombia. After opening its first national store in Bogota in September 2023, IKEA recently opened a store in Cali and has announced the upcoming opening of a third store in Medellin. The Swedish group is looking to establish […]

22May

Nearshoring: A Game-Changer for Mexico’s Economic Landscape

Posted by México
On Wednesday May 22nd, 2024
0 Comments

The Concept of Nearshoring: A Paradigm Shift in Global Trade Nearshoring, also known as the relocation of investments to Mexico, has emerged as a pivotal strategy, fueled by the trade agreement among Mexico, the United States, and Canada (T-MEC). Amidst the backdrop of trade disputes between the United States and China, this relocation trend has […]

22May

China’s secretive investments in Colombia

Posted by Colombia
On Wednesday May 22nd, 2024
0 Comments

Companies controlled by China’s authoritarian government have been granted critical infrastructure projects in Colombia and plan to expand their influence. The Chinese government’s increased stakes in Colombia are the result of trade deals made with Bogota between 2008 and 2019, and Beijing’s growing imperial ambitions. Many of the projects controlled by Chinese corporations were obtained […]

15Apr

Mexico Ranks 21st in Kearney’s Foreign Direct Investment Confidence Index

Posted by México
On Monday April 15th, 2024
0 Comments

Mexico has secured the 21st position in Kearney’s Global Foreign Direct Investment (FDI) Confidence Index, which ranks economies attracting foreign capital. This marks its re-entry into the top 25, after being excluded for the past four years. Topping the list are the United States, followed by Canada, China (including Hong Kong), the United Kingdom, and […]

15Apr

Colombia Invites American Buyers to Explore Opportunities at the 100th Business Matchmaking Forum

Posted by Colombia
On Monday April 15th, 2024
0 Comments

ProColombia, the promotion agency of the country, part of the Ministry of Trade, Industry, and Tourism, announces the 100th edition of its largest exports event, the Business Matchmaking Forum, which will take place in Colombia, at Cartagena’s Convention Center from April 22nd to 26th. As Colombia’s foremost international trade promotion activity, the Forum provides […]

20Mar

Mexico: The Preferred Destination for Expatriates with 90% Satisfaction

Posted by Mario Galicia
On Wednesday March 20th, 2024
0 Comments

Mexico has gained worldwide recognition as the preferred destination for expatriates, exceeding expectations and setting an exceptional standard of satisfaction. With an astonishing 90% satisfaction among expatriates who have chosen Mexico as their home, the country stands out with an impressive 18% above the global average. What makes Mexico so attractive to those seeking a […]

20Mar

Colombia economic growth forecast at 1.8% in 2024

Posted by Colombia
On Wednesday March 20th, 2024
0 Comments

Colombia’s economy is forecast to grow 1.8% in 2024, while inflation is expected to slow to 5%, paving the way for the central bank to cut its benchmark interest rate to some 8%, Finance Minister Ricardo Bonilla said on Thursday. GDP growth for 2023 is expected to have reached 1.2%, he added, lower than […]

20Feb

The Growth of Mexico’s Technological Sector: A Nearshoring Opportunity

Posted by México
On Tuesday February 20th, 2024
0 Comments

In recent years, Mexico has emerged as a key player in the global technological landscape, offering a myriad of opportunities for nearshoring ventures. This article explores the exponential growth of Mexico’s tech industry and the lucrative prospects it presents for companies seeking to establish nearshore operations. Mexico’s Tech Industry on the Rise Mexico’s […]

20Feb

POLL-Colombia economy will have grown 1.1% in 2023, headed for 1.2% in 2024

Posted by Colombia
On Tuesday February 20th, 2024
0 Comments

Colombia’s economy will have expanded 1.1% in 2023, hit by high interest rates and inflation pressures, and recovery this year and next will be slow, a Reuters survey showed on Thursday. The projections by 23 analysts for last year’s figure fluctuated between 0.8% and 1.4%. The modest expansion would compare with growth of […]

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