Venture Capital Is Taking Off in Mexico

By: Álvaro Rodríguez Arregui

Source: www.cnbc.com

Mexico has such a solid macroeconomic context that — among the only four countries to have recovered all the lost ground after the stock markets crashed during the 2008 financial crisis — Mexico is the fastest-growing country according to the MSCI index, surpassing the U.S., Singapore and Sweden.

According to the Mexico Ministry of the Economy, 35 percent of Mexico’s Gross Domestic Product (GDP) and 73 percent of the country’s jobs are created by small and medium sized companies (SMEs), which are the fastest-growing segments of the economy. While only 21 percent of small and medium sized companies are subject to bank financing, most startups and SMEs have no access to credit.

Move Over, Brazil: Why Mexico’s Entrepreneurs Are Prime for Investment

By: Pilar Aguilar

Source: www.cnbc.com

With daily news reports of drug-related violence on the U.S.-Mexico border, our neighbor to the South may not be the first place most wealth managers think of in search for returns on investment. But in recent years, Mexican businesses have grown at an impressive pace, making the country a new destination for venture capital firms in search of impactful returns.

I have seen it first-hand. For the last 15 years, the nonprofit Endeavor has worked with entrepreneurs in emerging and growth markets around the world to build their companies, with an eye toward improving the sustainable growth of local economies.

Mexico: Surprising Land Of Opportunity

By: Mark Koba

Source: www.cnbc.com

Long considered a second cousin to its behemoth neighbor to the north — and a source of illegal immigration and drug violence — Mexico may have one of the most underrated and misunderstood roles in the global economy.

The reality, many analysts say, is that Mexico offers investors and businesses a land of opportunity that rivals any other emerging market.

Valle de Guadalupe: Mexico's Answer to Napa Valley

By: Zack Stone

Source: www.cntraveler.com

With fear the emotion that still dominates the conversation about the U.S.–Mexico border, many Americans exploring Baja beeline to the beaches of Los Cabos. That's a shame, because one of Baja’s true gems—and safer locales—lies to the north, striking distance from the California border. The Valle de Guadalupe, often called the Napa or Tuscany of Baja, is just a four-hour drive from Los Angeles (if you time the traffic right), and it's stocked with enough local wines, fresh foods, and gorgeous views to rival other wine destinations. Plus, it's incredibly laid-back, even during high season. American tourists, in particular, seem to just be waking up to all the riches the valley has to offer. Check out a few of our picks for where to eat and drink while you're there…

Mexico Ex-President Urges US to Expand Partnership

By: Associated Press

Source: www.abcnews.go.com



Former Mexican President Vicente Fox says the U.S. should expand its partnership with Mexico to promote business — or face being left behind by China's emergence as the world's superpower.

Fox spoke Thursday morning at a news conference in Peoria, Ariz., saying China's economy is forecast to emerge as the world's largest in a decade or so.

Trade surging as Mexico consumers embrace 'Made in USA'

By: Nick Miroff

Source: www.seattletimes.com

When the governor of Colorado came to Mexico on a trade mission earlier this year to see the sights, "one of the most amazing" was a Costco.

"It was as big, clean and modern as any in America," recalled John Hickenlooper, a Democrat, who found the aisles filled with shoppers bearing "nothing but positive feelings toward the United States."

Especially toward U.S. stuff.

The Costco was stocked with products stamped "Made in USA," including some of the $755 million in goods that Colorado exports to Mexico each year: marbled slabs of steak from Greeley, cans of pinto beans from Holyoke, and sacks of russet potatoes out of Monte Vista.

DEMAIO LEADS "HISTORIC" JOBS TOUR FOCUSING ON BI-NATIONAL ECONOMIC GROWTH

By: carldemaio.com

Source: www.carldemaio.com

As the first mayoral candidate ever to visit Baja California during the election season, San Diego Mayoral candidate Carl DeMaio ignited international goodwill while strengthening DeMaio’s ties to government and business leaders in Mexicali and Tijuana during a two-day jobs tour.

“My focus is all about jobs, jobs, and more jobs. There are numerous ways we can work together to create jobs on both sides of the border if we are willing to overcome stereotypes and work together.” said DeMaio who was joined by San Diego Councilmembers-elect Scott Sherman and Mark Kersey on the Mexican Trade Tour. “Besides building a competitive global mega-region for international commerce, we learned that there are needs for more secure and efficient crossings to the United States, regional rail services to reduce truck emissions, and more dialogue as a region to improve infrastructure needs on both sides of the border.”

 

U.S. Defense Companies Will Gather to Analyze Bi-National Manufacturing Competitiveness Strategies

By: PRWEB

Source: www.prweb.com

For California, recent cuts to the US Defense budget could mean the loss of 31.000 jobs and a significant impact on the sales of local products, particularly aircraft equipment. US defense contractors are looking for ways to streamline efficiency and minimize costs without compromising jobs, while still complying with federal programs.

In preparation for sequestration, the Cali-Baja Bi-National Mega-Region is starting to work proactively by organizing an event that will pin-point potential alternatives that might minimize some of the effects on the local industry. As testimony to such benefits, CUBIC Defense will talk about how they have succeeded in the bi-national region.

Mexico to Boost Auto Output 38% Within Three Years, Agency Says

By: Nacha Cattan and Brendan Case

Source: www.bloomberg.com

Mexico will boost annual auto output by 1 million vehicles within three years, a 38 percent jump from last year, as foreign manufacturers use the country as an export base, said Carlos Guzman, head of the nation’s investment promotion agency.

Investments already announced by carmakers will allow Mexico, the world’s fourth-largest auto exporter, to increase annual production from last year’s 2.6 million units, Guzman, president of ProMexico, said in an interview yesterday at Bloomberg’s Mexico City office. Surging car and aerospace sales will help Mexican exports climb by about 15 percent this year to a record of around $400 billion, he said, surpassing a $350 billion high reached last year.

Jessica Biel's Relaxing Cabo San Lucas Rehearsal Dinner

By: Celebrity Gossip

Source: www.celebrty-gossip.net

After an day filled with flights, Jessica Biel finally took a moment to relax when she arrived at her friend's rehearsal dinner in Cabo San Lucas, Mexico on over Labor Day Weekend (September 1).

Held at the beautiful Las Ventanas al Paraiso Resort, the 30-year-old actress joined her pals in a simple blue frock and enjoyed an evening with drinks around the fire.

Nicole Richie Rocks Bikini Top in Cabo San Lucas

By: Gabrielle Chung

Source: www.celebuzz.com

Summer may soon be over, but Nicole Richie‘s vacation is just beginning.

The Fashion Star judge was spotted enjoying the sun and sand in Cabo San Lucas for her Labor Day weekend.

Sporting a black bikini top and a cream-colored maxi skirt, the 30-year-old looked kicked back with friends at Las Ventanas al Paraiso Resort.

Hyundai to invest $130 mn in new plant in Mexico

By: The Economist

Source: zeenews.india.com

Mexico City: South Korean automaker Hyundai Motors Company's Mexican unit said it planned to invest USD 130 million in a new plant that will manufacture aluminum auto parts in Tijuana, a border city in the northwestern state of Baja California.

The plant is expected to create 300 direct jobs and make up to 900,000 units of three new automotive products for different models sold in the US, Hyundai said. Hyundai Trans-lead chief Kenny Lee laid the cornerstone for the new plant, the automaker said. The plant is expected to start operating in 2014 and "production could rise to 1.5 million units when it is at 100 percent of capacity", Hyundai said.