Accelerated crossing.(LEGAL EASE)(free trade lanes)
The recent opening of the "Free and Secure Trade" (FAST)
lanes in Mexicali/Calexico brings to six the total number of entry
points along the U.S.-Mexico border implementing the expedited
commercial . . .
Compliance streamlined.(LEGAL EASE)(economic policy of
Secretariat of Economy of Mexico)(Brief Article)
The Secretariat of Economy and six chambers of commerce (Concamin,
Conieti, Caname, Anfad, Antad and Concanaco) agreed to pursue a program
that will allow for industrial and commercial companies . . .
The next campaign: parties face internal battles ahead of
2006.(POLITICAL SOAPBOX)
As expected, the three major political parties have experienced
intense internal battles as 2005 gets under way. The skirmishes are a
natural result of factions angling for better positions within . . .
Temequila gold?(NEW BUSINESS)(popularity of tequila)(Brief
Article)
A California company hopes to cash in on the growing popularity of
tequila and will produce a distilled spirit from local blue agave that
is expected to hit the market in April, The Associated . . .
Fraud probe.(NEW BUSINESS)(against TV Azteca by U.S. Securities
and Exchange Commission )(Brief Article)
The country's main market regulator has rejected complaints
that it is unwilling to enforce corporate governance laws, declaring
that it will thoroughly investigate a scandal at TV Azteca, . . .
Pender International Inc.(COMPANY NEWS)(purchases Montebello
Development)(Brief Article)
Pender International Inc. has entered into an agreement to purchase
100 percent of the issued and outstanding shares of Montebello
Development in exchange for restricted common stock. . . .
Grupo TMM, S.A. and Kansas City Southern.(COMPANY NEWS)(cases of
Grupo TFM against Grupo TMM and Kansas City Southern)(Brief
Art
Grupo TMM, S.A. and Kansas City Southern announced that the Mexican
Fiscal Court had issued a favorable decision upholding TFM, S.A. de
C.V's claim for inflation and interest from 1997 on the . . .
Arcplan, Inc.(COMPANY NEWS)(partners with Bufete Consultor
Mexicano )(Brief Article)
Business intelligence software provider arcplan, Inc. recently
formed a consulting partnership with Bufete Consultor Mexicano (BCM), a
leading business consulting firm based in Mexico City. The . . .
Toyota Motor Co.(COMPANY NEWS)(Brief Article)
Toyota Motor Co. opened its fifth North American assembly plant,
inaugurating a 700-acre site on the outskirts of Tijuana in early
February. The US$140 million Baja California plant will produce . . .
Exstream Software, Inc.(COMPANY NEWS)(Digipro, S.A. de
C.V.)(Brief Article)
Exstream Software, Inc. announced it has given Digipro, S.A. de
C.V. the right to sell and distribute its Dialogue software throughout
Mexico and Colombia. Digipro, headquartered in Mexico City, . . .
WorldTradeShow.com.(COMPANY NEWS)(www.MyBajaGuide.com)(Brief
Article)
WorldTradeShow.com has opened a new office in Tijuana. With this
expansion, the WorldTradeShow.com staff will be able to service its
Mexican clients in Baja California and the interior of the . . .
Ku-Band Broadcast Satellite Services.(COMPANY NEWS)(QuetzSat
receives concession)(Brief Article)
A newly established satellite operator, QuetzSat, S.R.L. de C.V.,
has received a concession for Ku-Band Broadcast Satellite Services. This
marks the debut of QuetzSat, a Mexican controlled . . .
Hines.(COMPANY NEWS)(Hines enters into a contract with California
Public Employees' Retirement System)(Brief Article)
International real estate firm Hines, along with the California
Public Employees' Retirement System, announced the sealing of a
deal to create US$100 million in funds for investment in the . . .
Comarco Wireless Test Solutions.(COMPANY NEWS)(gets contract from
government agency)(Brief Article)
Comarco Wireless Test Solutions announced that Cofetel,
Mexico's government agency for over-seeing telecommunications
carriers, has chosen Comarco's Seven.Five(TM) Multi to help monitor
the quality . . .
Tourism growth.(NEW BUSINESS)(Brief Article)
Tourism Secretary Rodolfo Elizondo announced that foreigners
visited Mexico in numbers not seen in over three years, The Associated
Press reported.
Elizondo said roughly 20.6 million travelers . . .
Partnership4Prosperity.(NEW BUSINESS)(Brief Article)
The Overseas Private Investment Corporation--a U.S. government
agency known as OPIC--announced that Mexico can expect to see investment
of roughly US$570 million from U.S. sources in 2005.
OPIC . . .
Airline split.(NEW BUSINESS)(decision to sell Mexicana and
Aeromexico )(Brief Article)
Mexico decided to sell its two leading airlines separately,
abandoning plans to merge Mexicana and Aeromexico that critics said
would have created a privately owned monopoly.
The airlines are . . .
Positive numbers.(NEW BUSINESS)(economic growth in mexico)(Brief
Article)
Foreign direct investment in Mexico rose 46 percent last year to
US$16.6 billion. The Financial Times reported that Mexico's
economic recovery and an upturn in the Bolsa performance . . .
Border tension.(BRIEFS)(immigration policy of United
States)(Brief Article)
Roughly 1,000 volunteers from across the United States are expected
to descend on a 20-mile stretch of the Arizona-Mexico border in April to
become "temporary border guards."
The effort, known as . . .
'Spy' in Los Pinos.(BRIEFS)(cases against Nahum
Acosta)
Mexico's war on drugs was shaken to the core in early February
when it was revealed that a major drug cartel allegedly had a spy inside
Los Pinos. Federal authorities detained Nahum Acosta, the . . .
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