Mexico’s Pemex chose Japan’s Mitsui to complete Tula coking plant (REUTERS)

According to REUTERS, Mexican state oil company Pemex has chosen Japanese conglomerate Mitsui as its partner for a $2.6 billion coking plant project at its Tula refinery in a preliminary deal, two sources told Reuters this week.   Pemex chose Mitsui at a December meeting, two months later than planned, the sources said. Details of the tie-up More...

by Yucatan Times | Published 4 days ago
By Yucatan Times On Tuesday, January 16th, 2018
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Manufacturing sector shows exponential growth in Yucatán

45 days ago, on November 30 2017,  the Leoni Wiring Systems plant was inaugurated in Yucatan, where electric harnesses will be manufactured to be installed in commercial vehicles of the companies Volvo, General More...

By Yucatan Times On Friday, January 12th, 2018
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FORBES: It is time for Mexico to focus on Asia (and think less about the United States)

According to Forbes.com, the way the United States closes its economy and ceases to guarantee world peace, forces business leaders to turn to a region that has its own charm. 2018 starts under the sign of uncertainty. More...

By Yucatan Times On Friday, January 12th, 2018
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Peña Nieto says he is ‘Optimistic’ about NAFTA deal

(Reuters) – Mexican President Enrique Peña Nieto said on Thursday January 11, that he is optimistic that the United States, Mexico and Canada can successfully renegotiate the North American Free Trade Agreement More...

By Yucatan Times On Wednesday, January 10th, 2018
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“AMLO generates uncertainty; Meade investors’ confidence: Bank of America”

“Andrés Manuel López Obrador is the presidential candidate who generates more uncertainty amongst foreign investors regarding the economic policies he would implement in case he wins the elections.” More...

By Yucatan Times On Monday, January 8th, 2018
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Peso predicted to make comeback in 2018: Bloomberg

According to top financial forecasters and Bloomberg collaborators Eric Martin and Justin Villamil, the Mexican peso is expected to make a big comeback this year…  For all the concern that the U.S. might More...

By Yucatan Times On Sunday, January 7th, 2018
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Spring breakers are ready for cheap flights to Cancun

Elite Daily, a website for and by women who are discovering the world, and themselves in the process, came up with an early announcement for spring breakers all over the U.S. who have Cancun in mind for this year… Greetings More...

By Yucatan Times On Saturday, January 6th, 2018
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Tortilla, gasoline prices unnerve Mexicans as election year begins

MEXICO CITY — Mexico’s government this week denounced forecast price hikes by fuel retailers and tortilla makers, saying increases were unjustified as it sought to allay public concern about high inflation More...

By Yucatan Times On Friday, January 5th, 2018
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Mexico economy projected to expand 2.4% in 2018: Citibanamex

Quintana Roo is projected to be the third best performing state economy in 2018 with 4.5% growth, followed by Guanajuato with 4.3% and San Luis Potosí with 4.2%… Growth for Mexico as a whole is projected More...

By Yucatan Times On Friday, January 5th, 2018
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New flights bring more tourists to Cancun and Riviera Maya in 2017

CANCUN — What was deemed a complicated travel year for Cancun and Riviera Maya turned out to be a year of increased visitors and added frequencies. Airlines such as Southwest, Delta and Spirit added flights into More...