PeopleSoft Inc.(Mexico City)(Mexico Tax Administration
Service)(Brief Article)
PeopleSoft Inc., a leading provider of enterprise application
software for government entities, with over 850 federal, state, and
local government customers worldwide, announced it was awarded . . .
Citigroup/Banamex.(Mexico City)(Brief Article)
Citigroup/Banamex announced the first issuance of peso-denominated
investment grade bonds to finance microfinance activities in Mexico. The
proceeds of the transaction, issued on behalf of . . .
Mexico's textile challenge.(Brief Article)
China is poised to dominate the more than US$400 billion global
market in clothing, according to a World Trade Organization (WTO) study.
But the report said that nations such as Mexico and Turkey . . .
TMM sells railroad.(New Business)(Grupo TMM.)
The completion of a genuine Nafta railroad finally seems to be
getting on track.
Grupo TMM, S.A., and Kansas City Southern (KCS) finalized an
agreement for KCS to acquire controlling interest in . . .
Tourism investment.(New Business)(Brief Article)
The Mexican government expects new tourism investment for this year
to top US$2 billion, Reuters reported. The increase is attributed to
foreign and local developers building golf courses, luxury . . .
Cement tariffs bemoaned.(Brief Article)
U.S. home builders are urging the Bush administration to lift heavy
duties on Mexican cement in the face of a shortage of building
materials, the Houston Chronicle reported.
The U.S. construction . . .
Pension battle heats up: workers protest benefits cuts aimed at
relieving public finance burden.
In early August, the Mexican Congress approved changes which will
reduce pension benefits for social security workers--an initial step on
the long road to reforming all public sector pensions, . . .
Top fed cop resigns.(Brief Article)
Public Security Secretary Alejandro Gertz Manero resigned his
Cabinet post in mid-August just weeks after tens of thousands marched in
Mexico City to demonstrate their dissatisfaction with rising . . .
Chavez Victorious.(Briefs)(Venezuelan President Hugo
Chavez)(Brief Article)
Venezuelan President Hugo Chavez handily won a controversial recall
referendum in mid-August although opposition activists cried fraud and
demanded a recount.
The feisty Chavez--briefly ousted by . . .
New U.S. bill to debut.(Briefs)(Brief Article)
Beginning Sept. 28, US$50 notes will have a new design. In addition
to blue and red background colors, the notes will feature images of a
waving U.S. flag and a silver-blue star. The new style is . . .
Montemayor extradition.(Briefs)(Brief Article)
Mexican officials were confident that former Pemex director Rogelio
Montemayor would be extradited from the United States in late August,
although Montemayor's lawyers were putting together final . . .
Echeverria indictment derailed.(Briefs)(Brief Article)
In the first action of its kind in Mexican history, a special
prosecutor pressed formal charges against a former president for crimes
against humanity.
Ignacio Carrillo filed charges of genocide . . .
PRI claims electoral triumphs.( Institutional Revolutionary
Party)
August elections saw the Institutional Revolutionary Party (PRI)
hold on to power in a tight gubernatorial race in the state of Oaxaca,
as well as regaining control over the city of Tijuana.
. . .
Letters to the editor.(Letter to the Editor)
Estimado Business Mexico,
A traves de este medio quiero agradecer todo su apoyo hacia el
Consejo de la Comunicacion con la Campana Unidos por la Honestidad,
especialmente por su participacion en . . .
Letter to our readers.(Brief Article)
As the calendar is flipped to September, it's time to hunker
down and make a push toward the end of the year in the hope of being
able to claim 2004 was productive and meaningful. President Vicente . . .
Guzzling from the public trough: elite exploitation makes
populism attractive to masses.
Ambitious young men and women should forget their dreams of nice
jobs in the private sector--for the truly outstanding (and also for the
less gifted, let's be honest) the place to go for the best . . .
Mexico City restaurant guide.(restaurants)(Directory)
BUSINESS MEXICO brings you an ongoing list of some of Mexico
City's top restaurants, rated by cost, service, decor and cuisine.
A new restaurant is rotated onto the list every month, and we . . .
La Pigva.(Inside Eating out)
Who ever though traditional food from a distant, insignificant
state could be so mouthwatering? Certainly not me. But this high-class
restaurant featuring delicious seafood from the small, Gulf . . .
Of silver and whimsy: blend of hip modernity, timeless feel
produces Guanajuato's charm.
We were lost in a maze of subterranean tunnels. They were dark,
dank, winding causeways where water dripped off moss covered walls that
seemed to go on forever underground, starved of natural . . .
Talk sense about outsourcing.
Gregory Mankiw, who heads the White House Council of Economic
Advisors, ignited a firestorm of debate recently when he said
outsourcing of U.S. jobs is probably a good thing in the long run. . . .
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