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News Republic

Remittances to Mexico Increase 14.62% from Jan-Oct 2022

Mexico posted record remittances in October, as workers living abroad sent $5.35 billion USD cash back home. During the period from January to October 2022, Mexican families received a record high of US $48.3 billion from abroad. The number represents an increase of 14.6% over the same period last year.

GAP: Nov 2022 Passenger Traffic Up 24.6% at 12 Mexican Airports

For November 2022, the total number of terminal passengers at GAP鈥檚 12 Mexican airports increased by 24.6%, compared to the same period of 2019. Tijuana, Puerto Vallarta, Los Cabos and Guadalajara presented an increase in passenger traffic of 49.0%, 31.1%, 26.4% and 14.9% respectively, compared to November 2019.

ACA Accredits Sustainability of Puerto Vallarta Airport

The Puerto Vallarta, Guadalajara and Aguascalientes airports, all operated by Grupo Aeroportuario del Pac铆fico, have reached level 3 certification in the Airport Carbon Accreditation (ACA) Program, which recognizes airports' efforts to manage and reduce their CO2 emissions.

Mexico to Host North American Leaders Summit in January

President Andr茅s Manuel L贸pez Obrador recently announced that US President Joe Biden and Canadian Prime Minister Justin Trudeau will visit Mexico in January to attend the North American Leaders Summit. This meeting will be Biden's first official visit to Mexico.

Guadalajara Hosts 36th Annual International Book Fair

The 36th edition of the most important publishing gathering in Ibero-America, the Guadalajara International Book Fair, an amazing cultural festival aimed at professionals and the general public alike, will fully resume face-to-face activities at Expo Guadalajara, November 26 through December 4, 2022.

AMLO Sees Salary Increase as Necessary Due to High Inflation

President Andr茅s Manuel L贸pez Obrador (AMLO) acknowledged on Saturday that 'a good increase' in Mexico's minimum wage is required due to high inflation in the country. For its part, the Employers' Confederation of the Mexican Republic (Coparmex) has revealed that they will seek a 15 percent wage increase for 2023.

Mexico Ups Target for Cutting Emissions, Boosting Renewables

Mexico announced Saturday it's raising its target for cutting greenhouse gas emissions and boosting the rollout of renewable energy. Foreign Minister Marcelo Ebrard said Mexico would aim to reduce emissions by 35% compared to doing nothing by 2030. That's up from an unconditional pledge of 22% cuts it had made two years ago.

CEO World Lists Wealthiest People in Mexico for 2022

It's been a very prosperous year to be a billionaire, data from CEO World's November 12, 2022 list of the wealthiest people in Mexico shows. The country鈥檚 billionaire ranks swelled by one since last year, to 14 people, while their combined net worth rose to $159.4 billion (up from $136.1 billion).

‘Historic’ Number of Jobs Created in Jalisco in October

With 23,294 new jobs registered with the Mexican Social Security Institute in October, a total of 100,942 new jobs were created in Jalisco in the first 10 months of the year. With this figure, Jalisco ranks third nationally in job creation, only behind Mexico City, with 114,470 jobs, and Nuevo Leon with 103,618.

Mexican Flower Growers Preparing for Christmas Poinsettia Harvest

Flower growers in seven Mexican states are preparing for the start of the poinsettia harvesting season. The well-known deep red Christmas flower will begin to be marketed in November, the Agriculture and Rural Development Secretariat reported last week.
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