Russia to expand its aviation business in Mexico

russian planes

MEXICO CITY (Sputnik) — “The aircraft is currently undergoing tests, and we will be ready to supply the Mexican market with it starting from 2021,” Denis Manturov said Monday delivering a speech amid the session of the Russia-Mexico Trade and Industry Dialogue in the Mexico City. Manturov added that Russia would also deliver eight Sukhoi More...

by sanmigueltimes | Published 3 weeks ago
Facilities will provide distribution of Hyundai and Kia parts to dealerships
By sanmigueltimes On Friday, November 3rd, 2017

Hyundai builds 2 new distribution centers in Mexico

South Korean-based Grupo Hyundai has firmed up its commitment to Mexico with the construction of two new distribution centers for Hyundai and Kia vehicles. Hyundai Mobis, the parts and service arm for Hyundai More...

A group of billionaires and over paid politicians emphasize inequality in Mexico (Alfredo Coutiño)
By sanmigueltimes On Thursday, November 2nd, 2017

Mexico’s economy shrinks on NAFTA concerns

Mexico announced Tuesday that its economy shrank 0.2 percent in the third quarter compared with the previous period amid uncertainty related to renegotiations of the North American Free Trade Agreement and local More...

By sanmigueltimes On Wednesday, November 1st, 2017

Americans with Foreign Bank Accounts can face severe penalties for failure to complete Annual Report

An estimated 9 million Americans live abroad and a large percentage establish bank accounts in their new home country. In the case of American retirees living outside the country, many even have their social security More...

jobs Guanajuato
By sanmigueltimes On Tuesday, October 31st, 2017

In 20 years, Guanajuato never created that many jobs

The third quarter of this year is historic for Guanajuato in terms of job creation, since the figure in this period exceeds the records of the last two decades! According to the organization Mexico, ¿Cómo vamos?, More...

By sanmigueltimes On Sunday, October 29th, 2017

Mexico’s Special Economic Zones represent a strategy to counter Trump

With a different customs regime and fiscal incentives, officials seek to increase the country’s attractiveness to receive investments…. MEXICO CITY – The Special Economic Zones are the best strategy to face More...

Ambassador Gerónimo Gutiérrez speaking at the 2017 North America Energy Forum, Wilson Center
By sanmigueltimes On Saturday, October 28th, 2017

Time for Mexico to take its destiny into its own hands

At a recent event on North American energy at the Wilson Center in Washington D.C., the inaugural speech was given by Mexican Ambassador Gerónimo Gutiérrez. In a somber mood, Gutiérrez talked of the importance More...

By sanmigueltimes On Saturday, October 28th, 2017

Toyota scales back its new Guanajuato plant

Japanese Auto maker to reduce investment from US $1 billion to $700 million USD. Toyota Motor Corporation confirmed yesterday that a new Mexico automotive plant is being scaled back, but a top executive said the More...

New Industrial area anaugurated in Villagrán, Guanajuato (Photo:
By sanmigueltimes On Friday, October 27th, 2017

New industrial park inaugurated in Villagrán, Guanajuato

With more than 28 hectares available for industrial use, the inauguration of the new “Campus Industrial RMSG Villagrán” took place on October 26. 100% Mexican company with 12 years of experience, RMSG More...

USD Group Llc to build petroleum products terminal In Querétaro, Mexico (Photo QET)
By sanmigueltimes On Thursday, October 26th, 2017

USD Group LLC to build petroleum products terminal In Querétaro

HOUSTON–(BUSINESS WIRE)–USD Group LLC (“USDG”), through its subsidiary Querétaro Energy Terminal (“QET”), has commenced construction activities on a multi-modal transloading terminal to enhance More...