NSS Oaxaca
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Maquiladora industry increasingly dependent on incentives
Toluca.– Maquiladora industry in Mexico has shown weakness and vulnerability signs before structural changes and is increasingly dependent on -
Rebound in Oaxaca’s economy expected for 2010
Oaxaca Oaxaca,- After a year of world-wide economic crisis, a rebound of 3% economic growth in trade and tourism sectors is expected by the summer of 2010, Fredy Alcantara Carrillo, Oaxaca’s Economic Development Sub-secretary, assured. -
Mexican Peso keeps on gaining strength
Mexico City,- Mexican Peso continues gaining strength agaisnt US Dollar, thanks to market liquidity arising from the continued sale of long positions by financial brokers, as well as weakness of US Dollar against the main currencies in the world.
Current Mexican Peso – US Dollar rate of exchange reached -
Employment expected to recover in 2010
Oaxaca, Oaxaca,- Maria Guadalupe Gonzalez Ruiz, Representative of the Ministry of Labor in the State of Oaxaca, considers employment will recover in 2010 in Oaxaca after harsh conditions experienced in 2009.
Ms. Gonzalez pointed-out that this recovery will be rather small, without providing any figures, and further said that it will be in the first quarter of this year
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