General News

As agriculture in Jalisco has modernized in recent years, U.S. manufacturers have ratcheted up exports of high-tech farm equipment to their southern neighbors.

- Mexican Stock Market (BMV) opened at 42,246.50 an increase of 1,408.62 points from Thursday, August 1, 2013.

New rules imposed by the Federal Competition Commission (CFC) to open the domestic beer market to microbreweries will not affect two mayor convenience stores, the CFC admitted last week. The law limits the exclusivity agreements long-favored by Mexico’s beer duopoly in bars, restaurants and stores, but will not impact sales in OXXO and Extra stores.

The arrival of a new director to the office of Mexican Consumer Protection (Profeco) and his take on the organization’s role has the normally quiet tapatio business sector up in arms.

- Mexican Stock Market (BMV) opened at 41,458.16 a decrease of 971.95 points from Thursday, August 15, 2013.

- Mexican Stock Market (BMV) opened at 40,837.88 a decrease of 1.16 points from Thursday, July 25, 2013.

The National Institute for Statistics and Geography (INEGI) reports 11 months of deceleration of the Mexican economy, with numbers from May showing a 0.03 percent decline from April’s figures.

Mexico’s Federal Competition Commission (CFC) has opened the domestic beer market to microbreweries by introducing restrictions on the exclusivity agreements long favored by the powerful duopoly of Grupo Modelo and Cuauhtemoc Moctezuma.