Last updateFri, 18 Sep 2020 11am

Plane likely to be raffled, Amlo says

Mexican President Andres Manuel Lopez Obrador left everyone on tenterhooks Thursday, promising that he would announce the following day if he was going to raffle off his unwanted presidential plane via the National Lottery.

Job creation slumps

New job creation in Mexico in 2019 fell to its lowest level since the financial crisis of 2009, according to figures supplied by the Mexican Institute of Social Security (IMSS). 

Tax hike for cigarettes & sodas

Smokers and consumers of soft drinks will fork out more this year, after new taxes kicked in January 1, raising the cost of a pack of 20 cigarettes by around four pesos and sodas by one peso a liter.