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News Republic

AMLO Celebrates Historic Foreign Investment in Mexico

At his Tuesday morning press conference, Mexican President Andrés Manuel López Obrador celebrated the "historic" foreign direct investment (FDI) of more than 27.5 million dollars that the country received in the first half of 2022, an increase of 49.2 percent compared to the same period in 2021.

International Tourism to Mexico Surpasses 2021 Levels

From January to May 2022, Mexico hosted approximately 25.4 million international visitors. According to the Datatur system from Mexico's Ministry of Tourism, foreign exchange revenue from international visitors during the five-month period was $11.416 billion, representing an increase of 95.6 percent over the same period in 2021.

Mérida to Host ‘Latin America’s 50 Best Restaurants’ Event

Previously held in Mexico, Colombia, Peru and Argentina, the 2022 edition of Latin America's 50 Best Restaurants event, sponsored by San Pellegrino & Acqua Panna, will be held in Mérida, Mexico. An exclusive events program hosted throughout Mérida will culminate in the awards ceremony on the evening of November 15.

AMLO Wants IMSS-Bienestar to Cover All of Mexico by 2023

President Andrés Manuel López Obrador said last week that his administration aims for all of Mexico to be covered by the IMSS-Bienestar health program by the first half of 2023. With this, the federal government would assume control of the public health service around the country, 'to improve healthcare services in Mexico'.

Mexico Considers $1.5B Investment for Nationwide Internet Access

Mexico is considering investing around 30 billion pesos ($1.50 billion USD) to boost internet connectivity across the country, especially in isolated rural areas, President Andres Manuel Lopez Obrador said last week. 'We want everyone, especially those most remote and especially students, to have access to the internet,' he said.

Mexico Cruise Destinations on the Path Toward Recovery

According to Mexico's Ministry of Tourism, 2.6 million travelers arrived in the country aboard cruise ships between January and May 2022. The main ports of arrival were Cozumel and Mahuahual, Quintana Roo; Ensenada, Baja California; Cabo San Lucas, Baja California Sur; Puerto Vallarta, Jalisco and Mazatlán, Sinaloa.

Tequila Sales to Surpass $24 Billion Over Next Decade

According to new data from Allied Market Research, global tequila sales are set to grow exponentially over the next decade, from almost $13 billion USD in 2021 to more than $24 billion by 2031. Unsurprisingly, North America is expected to be the biggest market.

Colima-Guadalajara Highway to be Inaugurated in December

In a video published on social media, President López Obrador, accompanied by the governors of Colima and Jalisco, announced that the Colima-Guadalajara highway will be inaugurated at the end of this year. The president said that this will represent a considerable saving of time for travelers.

$27.56 Billion USD Sent to Mexico in First Half of 2022

Remittances to Mexico totaled $27.56 billion USD in the first half of 2022, representing a 16.6% increase over the $23.65 billion sent during the same period of 2021, according to figures released Monday by Banxico. This figure represents a new record for the January to June period.

International Tourism Surpasses 2019 Levels in Mexico

International tourism in Mexico has finally surpassed pre-pandemic levels, after 10.26 million visitors came to the country in the first half of 2022, Mexico’s Tourism Department reported Friday. International arrivals from January to June 2022 were up 1.5% from the 10.11 million tourists who arrived in Mexico in the first half of 2019.
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