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Mexico Extends Anti-Inflation Measures Through December 2023

In an attempt to control rising prices, the Government of Mexico has published a new decree that combines and extends two 2022 anti-inflation measures, the Package Against Inflation and Shortages & the Opening Agreement Against Inflation and Shortages, adding new products to the list of items temporarily exempt from tariffs.

The State of Jalisco Led Mexico in Job Creation in 2022

Jalisco drove national employment growth in 2022, creating 11 percent of the total number of new jobs in Mexico. Official statistics show that the Mexican economy added 752,748 formal jobs from January to December 2022 and 82,963 of those were in the western state.

GAP: Dec 2022 Passenger Traffic Up 22.2% at 12 Mexican Airports

For December 2022, the total number of terminal passengers at GAP’s 12 Mexican airports increased by 22.2%, compared to the same period of 2019. Tijuana, Los Cabos, Puerto Vallarta and Guadalajara presented an increase in passenger traffic of 35.1%, 31.4%, 28.9% and 15.3% respectively, compared to December 2019.

Mexican Airport Operators to Invest 6.57bn Pesos in 2023

OMA, GAP and Asur, Mexico's three biggest private airport operators, will invest 6.57 billion pesos ($338 million USD) this year for the expansions and modernization of their infrastructure, for which five-year investment plans were presented previously.

Jalisco’s ‘Renta tu casa’ Program Wins World Habitat Award

An innovative program that puts uninhabited houses back into use in Mexico to address the country's housing crisis has won the prestigious Bronze World Habitat Award. 'Renta tu casa' connects unwanted properties with people in need of housing, to create affordable, low-cost homes.

AMLO asks Biden to Land Air Force One at Remote Airport

President Andrés Manuel López Obrador is asking U.S. President Biden to land Air Force One at the new Felipe Ángeles International Airport when he visits Mexico City later this month - saying that it would not be a logistical issue but a political one.

Mexico Plans to Ask US for Up to $48B for Solar Projects

Mexico plans to ask U.S. President Joe Biden for as much as $48 billion in financing for solar projects, according to Foreign Relations Secretary Marcel Ebrard. He said that the request will be presented to Biden at the upcoming Jan. 9-10 meeting of U.S., Canadian and Mexican leaders in Mexico City.

GAP One of Pacific Alliance’s Top 10 Sustainable Companies

The 2022 Dow Jones Sustainability Indices (DJSI) recognized Grupo Aeroportuario del Pacífico (GAP), which operates the Puerto Vallarta International Airport, as one of the ten companies that stand out in social, environmental, and corporate governance matters at the regional level (in the Pacific alliance).

Mexico Welcomed More Than 5 Million Cruise Tourists This Year

A total of two thousand and forty-one cruise ships arrived in Mexican ports during the first ten months of 2022, carrying a staggering 5.1 million passengers. This influx of tourists significantly boosted the local economy, with 390.1 million dollars being brought into the country.

Mexico to Extend Workers’ Vacations to 12 Days in 2023

Recently, the Mexican Senate unanimously approved amendments to the labor law to double paid vacation days for workers. Under the new terms, which will enter into force on January 1, employees are entitled to 12 vacation days after completing their first year of service.
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