Mexico Weekly - Doing Business in Mexico 2016 If you like these events and would like to find more about the MexCC and participate in them please click here and become a member!
Doing Business 2016: Measuring Regulatory Quality and Efficiency
Economy Profile 2016: Mexico by
Doing Business sheds light on how easy or difficult it is for a local entrepreneur to open and run a small to medium-size business when complying with relevant regulations. It measures and tracks changes in regulations affecting 11 areas in the life cycle of a business: starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts, resolving insolvency and labor market regulation.
This economy profile presents the Doing Business indicators for Mexico. To allow useful comparison, it also provides data for other selected economies (comparator economies) for each indicator. The data in this report are current as of June 1, 2015 (except for the paying taxes indicators, which cover the period January–December 2014).
Bushmills Whiskey: Owner Jose Cuervo lodges plan for £30m expansion
December 11, 2015
The owner of Bushmills distillery in County Antrim has lodged plans for a £30m expansion of the facility.In 2014, the whiskey brand was bought by Mexican headquartered firm, Jose Cuervo. It has now filed a planning application for a new distillery facility which it says will "effectively double production capacity."
Two main goals have been achieved: the doubling of bilateral trade to $7bn, and achieving the figure of half a million Britons travelling to Mexico yearly, a number that, taking into account the importance of tourism for the Mexican economy, has resulted in a windfall of $17.5bn.
Criminal gangs are “contaminating democracy†in Mexico by funding political campaigns and even buying public debt to launder their dirty money, according to Edgardo Buscaglia, one of the world’s leading experts on international organised crime.
Investors exerienced moments of volatility across a range of asset classes to upset hedge fund macro bets and hitting portfolios hard, from the Swiss National Bank’s abolition of its currency peg to the euro to a stunning rise in German government Bund yields and the bursting of China’s stock bubble during the summer.
Mexico policy signals continue to focus on Fed in 2016
December 31, 2015
Mexican policy makers were unanimous in their decision to raise borrowing costs this month for the first time since 2008, signaling they will continue to react to higher interest rates in the U.S. in the coming months. The peso extended its gain.
Never make predictions, especially about the future. So said Mark Twain, Yogi Berra or Niels Bohr – or possibly all three.But if you must, there are really only two options: play safe and go for the obvious, or come up with forecasts so giddily optimistic that no one will take you seriously.
For Mexico's biggest winners and losers in 2015, peso was the king
December 31, 2015
It wasn’t just currency traders watching the Mexican peso in 2015 as it tumbled to a record. The biggest gains and losses on the stock market were also driven by the currency’s slide.
Mexico might seem an unlikely wine producer, but its boutique wines, generally from the Baja California region, could be arriving at your local next year.