Regarding the debate on subcontracting, the Swiss-Mexican Chamber of Commerce and Industry Switzerland recognizes the initiative of the Government of Mexico to regulate a contracting scheme that has allowed, in its irregular exercise, simulation, tax evasion and avoidance, and has deprived workers of their rights. However, the Chamber
The Federal Economic Competition Commission (Cofece) approved a concentration promoted by Infinity Engineered and Air Springs Mexico, among other companies, in the auto parts sector. First of all, on September 1, 2020, Infinity Engineered Products, LLC (Infinity Engineered); Infinity Products Intermediate Holdings LLC (Infinity Products); Air Springs Mexico
Grupo México was awarded three of the six Silver Helmets («Cascos de Plata») awards that were awarded in the 2020 edition and that recognize the mining units with the best safety indexes in Mexico. According to the Mining Chamber of Mexico (Camimex), this award recognizes the daily work
Third-party online marketplaces have performed better than e-commerce companies, according to an analysis by the United Nations Conference on Trade and Development (UNCTAD) released Monday. Simply put, fully digital business models have been more resilient to the current crisis. In terms of sales trends, e-commerce companies have mostly
Foreign Direct Investment (FDI) captured by Mexico totaled 23,482 million dollars from January to September 2020, a fall of 9.9% compared to the preliminary figure for the same period of the previous year, reported the Ministry of Economy. Mexico put into effect the Agreement between Mexico, the United
The peso starts the session with an appreciation of 0.52% or 10.5 cents, trading around 20.00 pesos per dollar, with the exchange rate touching a low of 19.9282 pesos, a level not seen since March 6. From a technical point of view, the movement of the exchange rate