Of the total tax collection in the first semester of the current year, 84.6% was the result of the voluntary compliance of taxpayers’ tax obligations, which is known as primary collection. Meanwhile, the remaining 15.4%, which will be called secondary tax collection, was the result of the intervention
The Mexican mining sector captured 873 million dollars of Foreign Direct Investment (FDI) in the first half of 2020, a year-on-year decrease of 18.6%, according to statistics from the Ministry of Economy. Mexico has a substantial variety of mineral resources and is one of the world’s leading producers
Mexico topped the ranking of the main destinations for corn exports from the United States from October 2019 to June 2020, according to data from the Department of Agriculture (USDA, for its acronym in English). Those months correspond to the current season, which runs from October 2019 to
The United States and the European Union (EU) announced a bilateral reduction in tariffs for the first time in more than two decades. Under the agreement, the EU will remove tariffs on imports of US live and frozen lobster products. US exports of these products to the EU
The peso closed the week with little change, showing an advance of 0.03%, trading around 21.97 pesos per dollar. Volatile sessions were observed during the week, as the exchange rate traded between a minimum of 21,9067 and a maximum of 22,3289 pesos per dollar, without a clear trend
The Federal Electricity Commission (CFE) signed 61 contracts with industrial clients in their qualified supply business, equal to or greater than 1 MW. In the Supply business line, the federal government set up the Basic Supply subsidiary, which is oriented towards non-industrial customers in general, as well as