Querétaro’s authorities deny permission to Uber


The Querétaro Institute of Transportation (Instituto Queretano del Transporte, IQT) didn’t give clearance to Uber Company to operate in the state as a digital platform to provide executive taxi services, said Alejandro López Franco, director of the institute. Hence, this executive transport company filed an injunction against the current regulation More...

by sanmigueltimes | Published 10 hours ago
FILE PHOTO: A general view of a market in Mexico City, Mexico, January 11, 2017.  REUTERS/Tomas Bravo
By sanmigueltimes On Sunday, March 26th, 2017

Mexico’s rising inflation prompts hints of more interest rate hikes to come

Mexican annual inflation rose at its fastest pace in nearly 8 years in early March, prompting central bank chief Agustin Carstens to hint at higher interest rates to combat an inflation “bubble” he said More...

By sanmigueltimes On Saturday, March 25th, 2017

We’re prepared for end of NAFTA, Mexico’s top diplomat says

Mexico is prepared for the end of the North American Free Trade Agreement if it can’t reach a deal with the U.S. and Canada that benefits all three nations, the country’s top diplomat said. President Enrique More...

By sanmigueltimes On Saturday, March 25th, 2017

Mexico stock-market index hits all-time high, despite Trump

This may comes as a surprise to anyone not following Mexico closely. The country’s benchmark stock-market index, the IPC, hit a new all-time high on Tuesday March 21, writes Ian Bezek on seekingalpha.com. The More...

By sanmigueltimes On Wednesday, March 22nd, 2017

Legal Marijuana is turning into a huge business for many an enterpreneur

Sixteen cents-a-day can’t buy you much of anything these days… But it does buy you a ticket to a life changing investment opportunity. As you may already know, marijuana legalization is steam-rolling More...

CIUDAD DEL CARMEN, CAMPECHE. 16 de Febrero de 2007.- El activo Ku-Maloob-Zaap est‡ a aproximadamente a 105 kil—metros al noroeste de esta ciudad, frente a los estados de Tabasco y Campeche, y para su desarrollo la Regi—n Marina Noroeste de PEMEX Exploraci—n y Producci—n contempla perforaci—n 82 pozos, instalar 17 plataformas y construir 32 ductos.
By sanmigueltimes On Monday, March 20th, 2017

Pemex crisis produces major job losses in Campeche, Veracruz and Tabasco

In the oil states of the Gulf of Mexico — Campeche, Tabasco and Veracruz — 42,379 formal jobs were lost in the last year, official figures show. In February, these entities accounted for 1,021,810 workers More...

By sanmigueltimes On Monday, March 20th, 2017

American Chamber/Mexico promotes competitiveness and binational links

The U.S. Embassy in Mexico City distribued this news release from the American Chamber of Commerce/Mexico on Tuesday March 14. During its 100th General Assembly, Mónica Flores Barragán, stated that AMCHAM will More...

By sanmigueltimes On Saturday, March 18th, 2017

Mexico’s low property taxes could soon be increasing

Property owners in Mexico enjoy very low property taxes but that could soon change. Mexico’s Finance Secretary said on Tuesday during the 100th general assembly of the American Chamber of Commerce of Mexico More...

By sanmigueltimes On Saturday, March 18th, 2017

BP opens first of 1,500 planned gas stations in Mexico

British Petroleum last week opened the first internationally-branded retail gas station in Mexico since the country deregulated its energy sector. The fueling station in the suburb of Satélite, north of Mexico More...

By sanmigueltimes On Wednesday, March 15th, 2017

Netherlands to open Consulting Office for Investors in Querétaro

The businesses sector of Querétaro has gone through a significant growing process in recent years. Therefore, Dutch investors have shown a great interest to establish a Consulting office for Investors at the “World More...