Foreign oil and gas companies invested 500 million dollars in extraction in Mexico in 2020, a fall of 45.9% at the annual rate. Although the Administration of President Andrés Manuel López Obrador has indicated that it will respect the current legal framework of the energy reform, it has
Through its subsidiary Panama Ports Company (PPC), Hutchinson Whampoa operates 168 gantry cranes in the ports of Balboa and Cristóbal, in Panama. PPC operates those two ports at the entrances to the Panama Canal. Annual payments to the Government under a 25-year renewable concession, granted in 1996, were
The United States and Australia were the main destinations for Mexico‘s beer exports in 2020. Mexico sent this drink to the US market for a value of 4,088 million dollars. Beer shipments to the Australian market totaled $ 62 million. With this, its participation as a destination in
The mining sector (except oil and gas) in Mexico attracted 344 million dollars of Foreign Direct Investment (FDI) in 2020. Among the main sectors of the Mexican economy is mining, in addition to oil and petrochemicals, tourism, agriculture, transportation and communications, construction, and electricity. As a way of
The peso starts the session with an appreciation of 0.25% or 5.1 cents, trading around 20.48 pesos per dollar, with the exchange rate touching a minimum of 20.3517 and a maximum of 20.5376 units of peso. At the same time, the appreciation of the peso occurs in parallel
Mexico‘s auto exports stopped growing in 2020 after three years of expansion, according to data from the Ministry of Economy. For all of 2020, the contraction of auto exports was 20.4% year-on-year, to 40.495 million dollars. Overall, the Covid-19 pandemic negatively affected the global economy beginning in the