Grupo Aeroportuario del Pacífico (GAP), reported that its 14 airports recorded a decrease in passenger traffic of 76.8%, compared to the same period of the previous year. Domestic passengers presented a drop of 71.7%, while international passengers decreased 84.0 percent. Regarding the operations of its 12 Mexican airports,
Japan provides several inventives to attract investment without evaluating its results, according to a report by the World Trade Organization (WTO). Pursuant to the Japan Promotion of Business Activity in Asia Act of 2012, incentives are provided to encourage investment in the establishment of research and development centers
Maersk announced that it has reached an agreement with Bridgepoint Development Capital to acquire Swedish customs agent KGH for about $ 281 million. KGH is a specialist in trade and customs management services in Europe. «This will further enhance Maersk’s capabilities as an integrated container logistics company, offering
The peso begins the session with an appreciation of 0.91% or 20.3 cents, trading around 22.18 pesos per dollar, accumulating an advance of 3.87% in the last five sessions. Since Thursday last week, the exchange rate has pierced the key support of the 100-day moving average, which stands
The mining companies Argonaut Gold and Alio Gold merged after obtaining approval from Mexico’s Federal Commission on Economic Competition (Cofece) and other competition regulators. On June 22, both companies reported that they received authorization from Cofece to merge. Following this, last Wednesday, the two companies reported that they
Canada did not eliminate its import tariffs on milk, cheese, and chicken in the Mexico-United States-Canada Treaty (USMCA). Virtually all goods traded within the North American region have been fully liberalized since January 1, 2007, when all of the products negotiated in the North American Free Trade Agreement