Dear ,
Welcome to the bi-weekly México news & events update.
(We respect your privacy...there is an unsubscribe link
at the bottom of this newsletter)
Stay tuned for Frith presentation to local government officials, professionals & business owners in Tijuana, Baja California...August 2009.
 Conference name: "México - La Nueva Central de la Industría Norteamericana y América Latina" Potential Despite Flaws...
Mexico's business sector is fairly well-developed...which allows it to sell its agricultural products in international markets."
"Mexico is a country of great potential, with a unique geographical position, a young population, and a rapidly expanding market," the WEF said. (more below)
Check out the English news articles (Good news in México) relating to changes in México below!
Do you want to forward this to someone you know who is doing business in México?
|
Good news in México.
Mexico Carstens: No Reason For Possible Ratings Cut
July 3, 2009 - The Wall Street Journal
VINA DEL MAR, Chile (Dow Jones)--International ratings agencies have no reason to cut Mexico's credit rating as the country's finances are on solid ground, Mexico's Finance Minister said Friday.
"The reality is that Mexico has a strong economy, no foreign debt and solid fiscal accounts," Finance Minister Agustin Carstens told reporters on the sidelines of the Second Meeting of Finance Ministers of the Americas and the Caribbean.
"We will continue with fiscal prudences and that way we can avoid a downgrade in the country's rating," he said. Read full article here. Read full article here.
Related, California, Junk? (Fitch cuts California rating close to junk - July 6, 2009 - San Francisco Business Times)
---------------------------------------------------------------------------------------
Mexico's Peso Has Best Quarter in 14 Years
June 30, 2009 - Bloomberg News
By Valerie Rota
June 30 (Bloomberg) -- Mexico's peso posted its biggest quarterly gain in 14 years as mounting speculation the global recession is easing fueled demand for emerging-market assets.
The currency was little changed at 13.1807 per U.S. dollar at 5 p.m. New York time, from 13.1851 yesterday. It rose 7.5 percent in the second quarter, the most since 1995. The peso rebounded from a rout over the past nine months that pushed the Mexican currency to a record low in March.
"The budding signs that perhaps the worst of the recession has passed has tempted investors out of relatively safe assets like the dollar and into riskier and higher-yielding assets like the Mexican peso," said Omer Esiner, a senior currency analyst at Travelex Global Business Payments in Washington.Read more here.
---------------------------------------------------------------------------------------
México begins new, lighter visa regime targeting BRIC nations
July 3, 2009 - Xinhua News
MEXICO CITY, July 2 (Xinhua) -- Mexico will begin a new visa regime with lighter paperwork obligations on Monday, hoping to boost trade and tourism from Brazil, Russia, India, China, an Interior Ministry official said Thursday.
"The government... aims to simplify the authorization of visa and reduce delivery times so that the international competitiveness of Mexico will be strengthened versus other tourism destinations and investment markets," Alejandro Poire said.Read more here.
---------------------------------------------------------------------------------------
 Potential despite flaws
July 4, 2009 - The Epoch Times
Yet, there is a ray of hope for the government, as the reports points out. Mexico's business sector is fairly well-developed. It is one of the largest cement producers and has a well-developed agricultural sector, which allows it to sell its agricultural products in international markets.
"Mexico is a country of great potential, with a unique geographical position, a young population, and a rapidly expanding market," the WEF said. "This potential must and can be fulfilled by a joint effort of all political parties, the business sector, and civil society to address the deficiencies ... Only then can the country take advantage of its diverse competitive advantages and ensure sustained growth and enduring prosperity for its citizens." (full article here)
---------------------------------------------------------------------------------------
Corruption crackdown spreads across Mexico
July 3, 2009 - Houston Chronicle
GENERAL ESCOBEDO, MEXICO - Sporting a high-tech command post and rooftop helipad, the new police headquarters of this industrial sprawl a two hour drive south of the Rio Grande pays shimmering homage to Mexico's stumbling quest for law and order.
"It's beautiful, right?" beams Mayor Margarita Martinez, 59, of General Escobedo, a community of 300,000 on the northern fringe of Monterrey, Mexico's third largest city. "It's my pride." Read full article here.
---------------------------------------------------------------------------------------
IMF Official: Mexico, Brazil In Talks To Buy IMF-Issued Bonds
July 3, 2009 - The Wall Street Journal
SANTIAGO (Dow Jones)--Mexico and Brazil are in discussions with the International Monetary Fund to purchase IMF-issued bonds, according to Nicolas Eyzaguirre, director of the IMF's Western Hemisphere Department.
|
|
About Human Resources México:
Human Resources México, S de R.L. works with companies that want to invest in México and with foreign companies with operations here.
We can help you setup operations for the first time, outsource your HR, attend special meetings, or handle mergers / acquisitions. We will conduct a complete analysis and provide a comprehensive solution fast. (See services)
We will assume responsibility for and manage all of your employment related issues in México. We have over 20 years experience in the human resource / employee outsourcing business in North America.
Contact us today if you want to focus 100% on revenue and reduce your liability.
We will take the burden off of your shoulders. |
|
|
|
|
|
|
| Issue: 2
Bi-weekly Newsletter |
Home office in Tijuana |
Services...
Complete setup of operations in México
Mergers / Acquisitions / Public Companies
Complete Human Resource Outsourcing
(Payroll, taxes, compliance, etc - Your existing / future employees become OUR employees - we assume responsibilities and liability)
Recruiting and staffing in México
À La Carte human resource services
(Representation, meetings, legal coordination, processing, research, etc)
Employee training programs
(Human Resources, Sales, Customer Service, Image Presentation, Teamwork, etc.)
Arrange transportation / security for México site visits |
México related web links (in English)...
| |
