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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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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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12Jan

Colombia economic growth forecast at 1.8% in 2024

  • Posted by Colombia
  • On Friday January 12th, 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 […]
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21Nov

Fostering bilateral business opportunities between India and Colombia

  • Posted by Colombia
  • On Tuesday November 21st, 2023
  • 0 Comments
India and Colombia can leverage multilateral cooperation and enhance investment through the Colombian Public-Private Partnerships (PPP) for infrastructure framework, an ambitious plan launched in 2015 as a 4 Generation Infrastructure Program – making Colombia the second country in all of Latin America with the most models of PPP after Chile.   Cristhian Salamanca Garcia   […]
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21Nov

SRS Awarded Ecovadis Bronze Medal for Excellence in Sustainability

  • Posted by México
  • On Tuesday November 21st, 2023
  • 0 Comments
[Mexico City] – STAFF RELOCATION SERVICES DE MEXICO S DE RL DE CV (SRS) is proud to announce that it has been awarded the Ecovadis Bronze Medal in recognition of its dedication and unwavering commitment to corporate sustainability including the environment, ethics, labor practices, and responsible supply chains.   Ecovadis is one of the world’s […]
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12Oct

PETRO REVEALS STRATEGY TO CHANGE COLOMBIA’S SOCIO-ECONOMIC MODEL

  • Posted by Colombia
  • On Thursday October 12th, 2023
  • 0 Comments
National Development model sent to Congress for approval   President Gustavo Petro revealed the proposals with which the government hopes to radically “change” Colombia’s socio-economic policies in the coming years.   In the 150-page National Development Plan (PND), the administration outlined how it plans to implement the policies promised by the president ahead of his election last […]
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12Oct

EU Envisions a $250 Million Investment in Southern Mexico

  • Posted by México
  • On Thursday October 12th, 2023
  • 0 Comments
The United States government, through the United States Agency for International Development (USaid), has unveiled an ambitious plan to mobilize resources and technical support in southern Mexico with the goal of boosting the regional economy and generating over $250 million in annual sales and investments. This initiative is part of an effort to address population […]
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20Sep

Colombia gets $70m from new global renewable integration fund.

  • Posted by Colombia
  • On Wednesday September 20th, 2023
  • 0 Comments
“Colombia will get the first pay-out of a $300m Climate Investment Funds pot for transmission lines, batteries, EV chargers and green hydrogen.”   Colombia is set to be the first country to benefit from a new fund to help the roll-out of renewable energy across the world.   The Climate Investment Funds (CIF) will lend […]
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