Mexican Insight – November 27, 2013 (pdf) Full Senate endorsed the financial reform: Can multiplier impact of productive investment in the short term, this is a first effort, but the country’s conditions require greater responses. Mexico tax reform will have to be braced (IMF): The tax reform adopted this month does not resolve the dependence....
Mexican Insight – December 02, 2013 (pdf) Mexican Senate approved the political reform in its general aspects. With the support of two of the three most important parties, the Reform propose the creation of a new Electoral Institution with more attributions, a more strict treshold to create a political party, relection of local mayors and....
Mexican Insight – December 16, 2013 (pdf) «Energy Reform is Constitutional; 17 States confirm it». The energy reform that was recently approved by the Mexican Congress has also been approved by the minimun number of state legislatures required for the bill to become a constitutional reform. It is expected that the reform will be formalized....
Mexican Insight – December 23, 2013 (pdf) «Energy Reform is Constitutional; 17 States confirm it». The energy reform that was recently approved by the Mexican Congress has also been approved by the minimun number of state legislatures required for the bill to become a constitutional reform. It is expected that the reform will be formalized....
Mexican Insight – January 06, 2014 (pdf) «Pemex starts oil exports to Europe: In order to diversify and strengthen the participation of Mexican crude oil in the international market Petroleos Mexicanos (Pemex) will begin exporting Olmeca crude oil to Europe (…)». «Mexico’s GDP will grow twice of Latam: Merrill Lynch:Mexico is the country best placed....
Mexican Insight – January 13, 2014 (pdf) «Reforms put the country into another dimension (Interview with OECD general secretary): For now, with the changes to the fiscal law, it is expected a gradual reduction in oil dependency and a rise in federal income (…). Luis Videgaray (Treasury minister) estimated that the recently structural reforms will....
Mexican Insight – January 21, 2014 (pdf) «Mexico is recognized for its debt managment»: LatinFinance magazine said thatmexican government was the best sovereign issuer in 2013 among Latam and Caribean issuers. «The country is ready to improve productivity»: The Treasury Ministery is confident that recently approved reforms will have a positive impact in the growth....
Mexican Insight – January 27, 2014 (pdf) «Mexico is attracting investment through reforms: Videgaray»: PepsiCo, Nestle and Cisco last week announced major investments totaling more than 7 billion dollars in Mexico. The treasury minister said that is natural that the country witness volatility but this will eventually dimish as foreign investors look at the strong....
Mexican Insight – February 06, 2014 (pdf) «Moody’s upgrades the rating of Mexico»: The firm upgraded Mexico’s rating on the country to «A3» from «Baa1». The company cited the reforms recently approved by Congress and said it could further increase the rating if there is a period of growth above 4%. «Hyundai ‘step on the....
Mexican Insight – February 18, 2014 (pdf) «Optimism toward Mexico, from different sectors, continues». For Grupo Financiero BBVA Bancomer, the recovery of the Mexican economy has already begun, after a year of 1% growth, the bank changed its outlook for GDP growth to 3.4% from 3.1%. Besides, this forecast does not contemplate the benefits of....
Mexican Insight – February 24, 2014 (pdf) «The recapture of Mexico’s most wanted drug trafficker, 13 years after his escape from a high security prison, is a huge hit to criminal cartels and a support for the image of the President Enrique Peña Nieto». «CNBV (a mexican regulator, equivalent to the SEC) will expedite the....
Mexican Insight – March 10, 2014 (pdf) Investors make plans previous the secondary laws: «We are optimistic that the executive and legislative branches will reach the necessary agreements to aprove secondary legislation in different subjects, and this we will generate certainty for investors, both domestic and foreign» Javier Arrigunaga (CEO of ABM, Association of Banks....
Mexican Insight – March 20, 2014 (pdf) As part of the Monterrey Summit 2014, held in this city, the president of the Mexican Stock Exchange, Luis Tellez, predicted strong growth for the stock market in the 2014 (…) ABM promotes comprehensive review of controls: Arrigunaga Javier, president of the Association of Banks of Mexico (ABM)....