DoingBusinessInMexico.com
DoingBusinessInMexico.com™ is a think tank that provides informational knowledge to support business decision making in Mexico.
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Fundación:
January, 2009
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DoingBusinessInMexico.com 2 points loss on unemployment rate!

As a result of the world economic crisis, the Mexican unemployment rate has stabilized in the band between 5.5% and 6.0%. This means that the economic downturn has resulted in a 2 points loss compared to the band experienced before the crisis (between 3.5% and 4%).

Daniel Lopez
Daniel Lopez
2 point loss sounds a bit misleading. A 50 - 60% increase in unemployment (which is what the graph seems to show) is pretty catastrophic and a true measure of how bad the downturn in Mexico has been and how incompetent the government has been at containing it.
Ayer a las 15:46
J Alejandro Ceballos Z
J Alejandro Ceballos Z
Es dia de los inocentes, verdad? ;)
Ayer a las 16:43
DoingBusinessInMexico.com

DoingBusinessInMexico.com 2010 VAT general rate will be 16% As of January 1st 2010 the Value Added Tax general rate will move from 15% to 16%. Since this tax method of collection is conditioned to the cashflow payment, invoices issued in 2009 (with a 15% rate) and paid after the extended date of January 10th will be affected by a 16% rate.

El 20 de diciembre a las 20:45
Salvador
Salvador
bueno, no, no me gusta
El 20 de diciembre a las 20:49
Eduardo Alejandre
Eduardo Alejandre
DESGRACIADAMENTE TODO SUBE MENOS EL SALARIO PROPORCIONALMENTE
El 20 de diciembre a las 20:54
DoingBusinessInMexico.com

DoingBusinessInMexico.com Central Bank Christmas Present! The Mexican Central Bank reported a historic record on accumulation of US$87,562 millions of international reserves on December 11, 2009; this figure is 10 billion dollars higher than the one reported 3 months ago.

El 15 de diciembre a las 14:46
DoingBusinessInMexico.com

DoingBusinessInMexico.com Standard & Poor’s lowered the foreign-currency sovereign credit rating on Mexico to 'BBB' from 'BBB+'. Despite recent tax increases and steps that could bolster growth prospects, S&Ps expects that Mexico's fiscal challenges will persist over the coming years. Still, S&Ps recognizes the absence of macroeconomic imbalanc ...es in the Mexican economy.

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El 15 de diciembre a las 6:28
DoingBusinessInMexico.com

DoingBusinessInMexico.com Chess Castling with Ministers! Calderon is promoting Agustin Carstens, former Minister of Finance, to the position of Governor of the Central Bank Banco de México. The Senate must decide his appointment in the weeks to come. Ernesto Cordero, former Minister of Social Policy, has been appointed as Minister of Finance.

El 09 de diciembre a las 9:29
J Alejandro Ceballos Z
J Alejandro Ceballos Z
Bad movement!! Guillermo Ortiz has made a great job for many years!!
El 09 de diciembre a las 9:35
DoingBusinessInMexico.com

DoingBusinessInMexico.com The Mexico Infrastructure Conference presented the Portfolio of Infrastructure Projects for 2010. The event was held last November in New York City. Multimillion dollar infrastructure public/private projects were presented and discussed during the conference. Full article at www.DoingBusinessInMexico.com

DoingBusinessInMexico.com

DoingBusinessInMexico.com What are the Mexicans looking for when they are surfing on Google?

Under the name of Zeitgeist, Google has studied the aggregation of billions of queries people typed into Google search this year from multiple sources. The idea is to build out lists that best reflect "the spirit of the times." Full article at Portal

DoingBusinessInMexico.com

DoingBusinessInMexico.com BMV Year Record! The Mexican Stock Exchange BMV at its best level since mid-2008. Today, the stock index IPC reached 31,750 points.

El 01 de diciembre a las 13:32
DoingBusinessInMexico.com

DoingBusinessInMexico.com Mobile Phones subscribers significantly exceed fixed-line users. With a density over 70 mobile phones per 100 people, the coverage is compared with countries like Canada and Brazil. The setback is related with the inequality on access from urban (2 mobile phones per person standard) to rural areas.

DoingBusinessInMexico.com

DoingBusinessInMexico.com Mexico has a deficient coverage of fixed line phones in comparison with other countries with similar economic development.

Pedro Bayardo
Pedro Bayardo
19 Is not a bad number,, an average family of 5 have one 1 fixed Phone,,, as Daniel said,, is not the best guide for business,, a good comparative will be the COST of those FIXED lines vs acquisitive capacity
El 27 de noviembre a las 11:11
DoingBusinessInMexico.com
DoingBusinessInMexico.com
70 Mobile Phones per 100 People
El 29 de noviembre a las 12:29
DoingBusinessInMexico.com

DoingBusinessInMexico.com Fitch Ratings downgraded Mexico's foreign currency Issuer Default Rating (IDR) from BBB+ to BBB. Still, the rating outlook was reported as stable. The arguments: the weakness in the fiscal profile and the high dependency on oil revenues while the scenario signals falling oil production.

El 23 de noviembre a las 12:06
DoingBusinessInMexico.com

DoingBusinessInMexico.com PEMEX reported production for the first 10 months of the year averaged 2.607 million barrels per day, slightly below the 2.75 million barrels estimated at the beginning of the year. The standard export price during this period was US$54.50 per barrel.

El 23 de noviembre a las 8:41
DoingBusinessInMexico.com

DoingBusinessInMexico.com Welcome to One World!
The second-largest airline in Mexico, Mexicana, joined the One World alliance.

The global alliance that brings together eleven of the world's biggest juste welcomed Mexicaa in its memberhip.

DoingBusinessInMexico.com

DoingBusinessInMexico.com Poor Fight Against Corruption! Transparency International released on November 17th its 2009 Corruption Perceptions Index (CPI) ranking 180 countries´ position based in terms of perceived levels of corruption, as determined by expert assessments and opinion surveys. Mexico was ranked in 89 position with a 3.3 score, an ...d just after China (79) & Brazil (75). Mexico was ranked 72 in 2008.

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El 20 de noviembre a las 9:52
DoingBusinessInMexico.com

DoingBusinessInMexico.com Revolution´s Day & Bank Holiday. The historic date celebrates the 99 anniversary of the beginning of the Mexican Revolution.

El 16 de noviembre a las 17:15