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News Republic

Mexican President Inaugurates First Stretch of Maya Train Line

Mexico's President Andrés Manuel López Obrador on Friday inaugurated a 290-mile stretch of the Maya Train, a $20 billion project aiming to connect beach resorts and archaeological sites. The inaugurated stretch connects the colonial city of Campeche on the Gulf coast to the popular Caribbean resort of Cancun.

Mexico Makes Trade History, Outranking China as Top US Partner

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.

Mexico’s Proposed Work Week Reduction Bill Delayed Until 2024

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.

COVID-19 Vaccines Coming to Mexican Pharmacies in Early 2024

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.

GAP: Nov 2023 Passenger Traffic Up 0.4% at 12 Mexican Airports

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 Combats Seasonal Job Losses with New Initiative

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.

Alfaro Announces Costalgre Airport will be an International Hub

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.

Historic 20% Increase in Mexico’s Minimum Wage for 2024

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.

3,500-Year-Old Graves Discovered in Mexico City’s Chapultepec Forest

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.

Coparmex Proposes 12.8% Increase in Mexico’s Minimum Wage for 2024

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.
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