Peñoles’ international expansion was bolstered by the acquisition of the Canadian company Probe Gold in 2026. On October 31, 2025, Industrias Peñoles announced that its subsidiary Fresnillo plc, which holds a 74.99% stake, signed a definitive agreement to acquire all of Probe Gold’s shares. The transaction involves the
In addition to the expansion of its physical stores, OXXO’s growing databases have driven the rise of its digital system. Spin by OXXO is a digital account backed by OXXO that allows users to save money, receive payments, transfer funds, pay for services, and make purchases with a
Focused on the production and marketing of meats and cured meats, Grupo Bafar is now venturing into agro-industrial and luxury tourism. This Mexican company continues to develop the Valle de los Encinos. This development includes a winery, a hotel, a golf course, and a restaurant. Notable examples include:
The Mexican government has established a new automatic import notification system for 42 aluminum products (tariff lines). According to the U.S. Department of Commerce, this measure may delay customs clearance if the required information is incomplete. Automated Import Notification for Aluminum Between January and July 2025, aluminum exports
Import tax revenue in Mexico totaled 173.619 billion pesos in 2025, a cumulative increase of 129.8% compared to 2021. Over these four years, this indicator showed a steady upward trend. The baseline figure for 2021 was 75.539 billion pesos. Import tax revenue in Mexico Mexico collected more in
Prosperity in Mexico has been hindered by the middle-income trap, as reflected in a recent IMD ranking of 34 economies in Latin America and the Caribbean. The ranking is divided into four pillars: Economic Challenges, Governance and Institutions, Management Dynamics, and Social Empowerment. It uses 78 indicators for