As 2023 draws to a close, Mexico emerges as the US' primary trading partner, leapfrogging over giants like China and Canada. This remarkable shift, fueled by booming automotive trade and savvy nearshoring strategies, marks a turning point in global commerce dynamics, but the strengthening peso presents challenges.
A proposal to shorten Mexico's work week by eight hours to 40 hours is facing delays and won't be voted on until February 2024 when Congress reconvenes. President Lopez Obrador and the business community have expressed concerns about the legislation, highlighting the need for further deliberation and analysis.
After a three-year wait, direct access to COVID-19 vaccines at pharmacies in Mexico is imminent. Cofepris has given Moderna and Pfizer the 'Green Light', signaling a major step forward. While challenges exist, this development marks a positive stride toward accessible and convenient vaccination for the country.
For November 2023, the total number of terminal passengers at GAP’s 12 Mexican airports increased by 0.4%, compared to the same period in 2022. Los Cabos and Puerto Vallarta presented an increase in passenger traffic of 4.3% and 3.7%, respectively, compared to November 2022.
Jalisco, Mexico's job creation powerhouse, is facing a familiar challenge: the seasonal decline in employment during December and January. To combat this, the state government has launched a unique program to incentivize businesses to maintain and even create new jobs during this period.
Jalisco Governor, Enrique Alfaro Ramírez, has revealed a significant shift in plans for the Costalgre airport project in Tomatlán. The governor announced that the federal government will now take charge of the airport's administration, aiming to transform it into an international hub.
The Council of Representatives of the National Minimum Wage Commission have unanimously agreed to a 20% increase in the general minimum wage, bringing it to 249 pesos per day by January 1, 2024. This decision was reached during the first minutes of December 1, coinciding with President Andrés Manuel López Obrador's fifth anniversary in office.
Close to Mexico City's bustling Constituyentes Avenue, a team of specialists from the National Institute of Anthropology and History (INAH) has made a groundbreaking discovery: a series of pre-Hispanic funerary graves, including ten truncated conical tombs dating back around 3,500 years.
The annual negotiations for adjustments to Mexico's minimum wage have begun, and José Medina, president of the Employers' Confederation of the Mexican Republic (Coparmex), has revealed plans for a substantial 12.8% increase by 2024. However, the final decision rests with the National Minimum Wage Commission.
After months of deliberation, the reduction of the work week to 40 hours for Mexican workers is approaching a crucial stage in the Chamber of Deputies. The initiative, initially proposed in March, seeks to mandate two days of rest for every five days of work, effectively reducing the work week from 48 to 40 hours.
