lunes, 31 de enero de 2011

Anticipated For 2011 15% More Tourists Mexico

Anticipated for 2011 15% more tourists
Written by Real eStrategy 2 Tourist Market Jan 28, 2011 This year, 15% CPTM aims to raise the number of tourists arriving in the country in 2011, ie 3.4 million more than it received before, through strategies to consolidate and align the mark Mexico destinations with it. By participating in the second day of the National Tourism Convention 2011 of Concanaco-SERVYTUR, Rodolfo López Negrete, deputy director general of CPMT, explained that these 3.4 million, 1.2 million will be sun and beach segment, 600 thousand culture of business 213 000, and 150 thousand for nature and adventure tourism.

He said currently there is no air promotional campaign on the domestic market, but will begin in March ... and for the U.S. market and Canada before the end of January start.

During the forum, Francisco Madrid, director of the School of Tourism from the Universidad Anahuac, recommended strengthening the domestic tourism market by exploiting the potential of the southern U.S. tourist who arrives by land, representing 70.8 million people ... He pointed out that EU are performed each year nearly 2 billion trips, but only in California, Texas, Arizona and New Mexico,

make about 500 million trips.

For 2011, the congress and convention tourism provides an outlay of between 700 and 800 million dollars, that is 28% over that recorded in 2009, said Eduardo Chaillo, director of Tourism Meetings CPTM

The New Cip Sinaloa Located 100 km. south Of Mazatlan Mexico

Sinaloa
General Information
The new CIP Sinaloa located 100 km south of Mazatlan, in the municipality of Escuinapa, where the corridor Mazatlan - Teacapán, is projected as a high level tourist destination, which is formed with the following physical characteristics:

•Total area: 2.381 Has
•Salable surface: 951.7 Has
•Developable Area: 1821.3 has
◦Beachfront 12 km
◦100m beach width approx.
◦180 ° panoramic views of the sea
◦Conservation Area: 559.9 has
The region of influence includes the municipalities of Mazatlán, El Rosario and Escuinapa, which has significant tourism potential for its natural attractions, its rich cultural, architectural and tourist infrastructure installed.

Access to the area is done by air through two airports, the Mazatlan International, which is located 85 kilometers from the project and Teacapán Airport located 26 kilometers from the CIP and land on Highway via Mazatlan - Tepic.

Are located around large beaches, mangrove areas and estuaries as well as important fishing areas and several islands that retain their natural state.


Spanish Investment Expected Fonatur Sinaloa Integrally Planned Center 99 Milles From Mazatlan Mexico

Spanish investment expected Fonatur Sinaloa

30/01/2011 20:59

The National Fund for Tourism Development (Fonatur) will spend 530 million pesos in the development of new infraestructuraun Integrally Planned Center (CIP) in Teacapán, state of Sinaloa.

It expects strong participation of Spanish hotel from the first half of 2012, which will generate around 150,000 jobs over the next eight years.


Fonatur stressed that the fund has a multi-annual budget (fiscal resources guaranteed by the Congress) from 3.800 billion pesos (mp) until 2019 for this CIP will be his first work sustainable.


The fund already carries the first infrastructure in 2.831 acres it acquired in 2008 with an investment of 1.200 mp and this administration have invested 382.2 million pesos.


The challenge for this year is the first sign partnership agreements with hotel chains such as Spanish Ríu, Melia and Barcelo, to place the first stone in 2012 the first hotel in the CIP.


Also provides a chance to invest capital developers Mayan Palace Mexican and Spanish OHL.

Fonatur hotel market the first batch and will be under the partnership scheme, both with the hotel concerned as U.S. investment banks, and has already had talks with Investment Funds to carry out investment plans.


The forecast for this CIP have Sinaloa, which aims to capture a large number of Canadian and American visitors, is to build 44.000 quarts in a total of 208 lots.

Carlos Slim Invest $44'650 Million Pesos in Mexico (3'660 Billion Dollars)

Slim invest 44.650 million pesos in Mexico
The projects for 2011 will focus primarily on telecommunications, said the businessman, about the insecurity, said that "he who does not invest because of fear and caution will be back."
Carlos Slim Helu, said the investment will favor suppliers 42.200. (Photo: Fotoarte)


Carlos Slim, the world's richest man By: Jesus Ugarte
MEXICO CITY (FORTUNE) - The company that controls the Slim family in Mexico will invest 44.650 billion pesos (equivalent to 3.660 billion dollars) in 2011, representing an increase of about 14% compared to 2010.

Carlos Slim Helu explained Monday that the total of such investments will be allocated 3.000 million to Ideal , 10.000 million Frisco , 10.000 million to Telmex , 10.000 million to America Movil , and other companies such as Grupo Carso and Carso property.

The entrepreneur told a press conference that the investments will favor suppliers 42.200, most of them national.

Asked about the effect of the climate of insecurity in Mexico on investment, Slim said, "Whoever does not invest because of fear and caution will be back."

He stressed that Mexico has public finances healthy and market expectations are interesting.

"I am optimistic that 2012 and 2013 continue to grow. We see many problems in the world, things are happening everywhere, as is the case in Europe , where large fiscal deficits and unemployment , "he said.

8.000 million dollars in total investment

America Movil , who chairs Patrick Slim Domit , announced last year that exercise investment capital of about 8.000 million dollars (mdd) in their operations inside and outside of Mexico for 2011 , representing an increase of just over 30% compared to those for 2010 and initially referred.

The largest telecommunications consortium in Latin America expects to achieve an average increase of between 6 and 8% in total revenues for the period 2011-2014, which will be supported among other things, an expansion of over 30% in customer base.

viernes, 28 de enero de 2011

Sectur Ready Tourism Works in Mazatlan Mexico

Sectur ready tourism works
Plan to invest $ 120 million in projects this year
Leticia Lopez
28-01-2011
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The Ministry of Tourism and the federal government define the works of this year.
Photo: Northwest / Eduardo Resendiz.

MAZATLAN .- Investments in tourist walkway, improvements to the Teatro Angela Peralta and regeneration of the Paseo del Centenario are priority projects for 2011, for which the Municipality and the Ministry of Tourism announced resources.
The Mayor, Alejandro Higuera and Secretary of Tourism, Rice Oralia Rodriguez, analyzed the projects left unfinished in 2010, which claimed there was confusion because they have not buttoned up to 100 percent.
Among the works, Rice prioritized the walker Rodríguez cruise tourists.
"Fortunately, we agree with the Mayor in the tourist walkway project in the area of the Ferry Terminal to the historic center. Basically this is the project originally planned to invest the existing executive project."
For this 2011, he added, will crystallize the walker and construction projects will continue tiburonario Aquarium.
They also spoke of continuing the regeneration of the historic center and the Teatro Angela Peralta, whom he urging changes in the air conditioning system and banks, and those that were suspended by the INAH, and to restore the area from the Shield to El Faro.
Higuera Osuna announced that there is a gap of works to make the proposal to invest in Mazatlan a lot of resources.
"We will put him strength to the Theatre, has the normal deterioration of a building that is used, change the air and benches and we want resources on this topic for about 60 million, we will present the proposal because they are taking their time" .
Suspended in the works last year, also met the delegate of the National Institute of Anthropology and History to see what the project from the Shield to Faro Mazatlan, that are impaired and where resources are locked for some reason.
"From Shield to El Faro want to repair sidewalks and gazebos, and trademark law from the bench only to have legislation in the INAH and the City streets, so are issues that must be unlocked because there are millions of pesos are to exercise. "

Works
For this year, announced projects to address tourism.

- To identify what will be the tourist walkway for cruise ship visitors
- Improvements and maintenance at the Teatro Angela Peralta
- Regeneration of the Paseo del Centenario, from the Shield to El Faro

jueves, 27 de enero de 2011

Mexico, The Jewel Of Spanish Company Zara in America

Mexico, the jewel of Zara in America
In 2010 Inditex, which operates Zara and Bershka, opened 20 stores in Mexico and plans to continue with this pace, Mexico is the most important market for the company over the United States and Canada.
VIDEO
Although Zara is the format of Inditex's flagship store in the world in recent years has diversified. (Photo: Ramón Sánchez Belmont)
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By: Jesus Ugarte
MEXICO CITY (FORTUNE) - After 18 years of operations, Mexico has become the largest market in America to Inditex , one of the leading producers and distributors of fashion in the world with eight store formats, including, Zara , Pull & Bear, Massimo Dutti, Bershka, Oysho, Zara Home and Uterqüe.

To date the company of Spanish origin in Mexico operates 208 units, far exceeding the combined U.S., Canada and Brazil (just over 90 in total together).

" Mexico was the first country in which the group developed its entire international model , so after he was in New York and Paris, but you can not really talk about the internationalization until he arrived in Mexico is a rich loop (with Mexico) "said Jesus Echevarria, president of Institutional Relations and Communication Inditex.

In 2010 the company headed by Amancio Ortega Gaona (considered the richest man in Spain and one of the wealthiest in the world ) , opened in Mexico a total of 20 stores and its expansion plan for this year considered to keep a similar pace, This will depend inter alia on the locations.

"We are on the same line, at the same level, without specifying a specific number of stores, our formula is not working, it makes sense, Inditex, Zara and other formats grow store to store, just in time you have the correct location in the face of the store, until there is no such location, did not arise as a goal , "said the executive in an interview with FORTUNE.

Declined to release the mix of store formats to open in 2011. However, he said that growth will continue Uterqüe, in order to consolidate and project in Mexico as a string with great potential.

In 2009 they opened the first unit Uterqüe in Santa Fe (Mexico City) and in 2010 in Angelópolis (Puebla), Gait (Guadalajara) and is inaugurated next to Peaches in the nation's capital. " Mexico was the fourth country , after Spain, Portugal and Greece, where it opened this format, is now present in 17 countries, Mexico has had a very good reception. "

Uterqüe is the new format of Inditex dedicated to accessories, fashion accessories and a selection of textile and fur garments . The full collection designed by the creative team Uterqüe, combines the esthetics of the latest fashion trends with the exclusivity of your product. According to the website of the company's total operating units in Mexico, 24% are Zara , Bershka 21%, 17% Pull & Bear, Oysho 15%, 14% Massimo Dutti and Zara Home and Uterqüe rest.

Globally, the General Manager of Communication and Institutional Relations of Inditex in the world made it clear that the priority of the company is consolidating its European operations and accelerate its expansion in Asia (compared to other markets) .

"In recent years in China beyond the cities of Shanghai, Beijing and Hong Kong, have been opening many stores in other places (of that country.) Capillary is entering geography throughout China," he revealed Echevarría.

Stocks up 15 days

The Indetex provisioning model is based on what is called the "supply of proximity" by how fast it is made. In this sense, more than 250 company designers work once the information retrieved from the shops.

"In 15 days and not more than 20 garments are ready to refill the stores receive 2 times a week these developments," said the executive.

The supply of Inditex in Mexico combines local products imported. In footwear is an important part of Guadalajara and León (as well as garments) and another decoration for Zara Home .

"In Mexico there are 18 suppliers of shoes: 9 in Leon and Guadalajara 9 in producing a total of 4 million units in footwear. Furthermore, these products are exported to Japan, Venezuela and Colombia (both in clothing and footwear)" , explained Lizbeth Luis, the Department of Communications and Institutional Relations Inditex Mexico.

Demanding customers

The level of customer demand in Mexico is very large not only in terms of quality, but in fashion . "The client and the client are extremely knowledgeable about fashion, is a culture of high fashion and that both permanently forcing us to an improvement in the level of fashion and how quickly you should arrive at different stores "acknowledged Echevarría.

That demand comes to the design teams, who must analyze trends that are arising in the stores, together with those of other countries. This affects the supply of fashion.

In terms of output, Mexico (where it employs about 5,000 people) belongs to the American region, which had a positive performance in the first 9 months of 2010 . The year 2010 ends on 31 January and the company will be releasing the results of that fiscal year to mid-March.

The American area contributes about 10% of the income of Inditex in the world. The group opened its first Zara store in 1975 in La Coruña (Spain), which started business and where its headquarters are located . To date, operates about 5,000 stores in over 80 countries

Canadian Company Magna International Invests in Mexico

Magna International invests in Mexico
The firm will allocate more than $ 100 million to build an automotive stamping plant in SLP, the President also officially an investment of 365 million dollars of Iberdrola in two projects in the country.
VIDEO
The chief executive of Magna International, Don J. Walker (right) and President of Mexico, Felipe Calderón (left). (Photo: Notimex)


Special
Davos 2011, the new reality DAVOS (Sports Network) - The president of Mexico, Felipe Calderón Hinojosa , met with the chief executive of Magna International Company , Don J. Walker , who announced they will invest over 100 million dollars for the construction of a new automotive stamping plant in San Luis Potosi.

As part of the work of the 2011 Annual Meeting of World Economic Forum , President Calderon said the meeting in which it was revealed that the complex will create 700 direct jobs.

The new plant will occupy an area of 41.800 meters square and is expected to be inaugurated in June 2012, and once it reaches full capacity is expected to produce assemblies and stamped parts.

This is the plant number 31 of the company in Mexico since its installation 18 years ago, it now has 30 manufacturing plants and branches of engineering, product and sales in seven Mexican states: Sonora, Nuevo León, Coahuila, San Luis Potosi, Guanajuato, the state of Mexico and Puebla , where it employs nearly 13,000 people.

The production platform in Mexico is the fourth most important global Magna, exceeded only by the soles of Canada, the United States and Germany , and the company has 245 manufacturing facilities worldwide, divided into five continents.

Among his clients include: Audi, BMW, Chrysler, Fiat, Mercedes Benz, VW, Saab, Kia, Toyota, Mazda, General Motors, Subaru, Freightliner, Jaguar, Hyundai, Opel, Porsche, Mitsubishi Motors, Suzuki, PSA Peugeot Citroën Renault, Nissan, Honda and Daimler.

Oaxaca winds and Salamanca

Calderon also met with President of the Spanish company Iberdrola, Ignacio S. Galán, to present the investment of $ 365 million for the construction of two projects that consist of a cogeneration power and a wind farm.

The first project consists of a cogeneration power to be located in Salamanca, Guanajuato, and was awarded through an international tender failure that occurred last December and will create 500 jobs directly.

This company is the leading Spanish energy group, a global leader in wind electricity generation and one of the largest companies in this sector, and currently has a presence in 40 countries, employing over 33 thousand people.

The Spanish company said its growth plans will focus particularly in Mexico, Brazil and Eastern Europe.



China and Mexico Are Urged Wins

China and Mexico are urged wins
Rising wage Asian workers causes companies to move to Mexican lands, the shortage of young employees and generate inflation China's competitiveness problems.
The salary of a Chinese worker is 14% lower than a Mexican. (Photo: Photos to go)
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MEXICO CITY (Reuters) - The Mexican economy is getting help from unlikely allies: the workers in China , whose salaries are increasing leading to more companies to build plants in Mexico.

Meco Corporation, an American manufacturer of folding chairs and grills, is shifting production from China to Mexico, after the salaries of its factories in China to have more than doubled since 2007.

"We had numbers and we decided to move our equipment to Mexico , with the decision really based on trying to provide more stable prices to our customers, "said the chairman of Meco, Harrell Ward.

The manufacturer of leather products Coach also took account this week and decided to cut production dramatically in China, rising labor costs.

Meco, a family business of Greeneville, Tennessee, do the math in millions of dollars, not billions.

But his plan to invest $ 10 million in a plant in northern Mexico is good news for a country that has been in the shadow of China for the past seven years in terms of U.S. market share.

For the first time since China joined in 2001 at the World Trade Organization (WTO), Mexico showed in the first 11 months of 2010 increased the growth of the Asian giant in terms of their participation in the U.S. market.

Possibly Mexico ended 2010 with just over 12% of the U.S. import market, a greater role in history.

Wages in Mexican factories are currently about 14% higher than those of China, according to estimates by the Secretary of Treasury.

According to estimates by officials in 2002 wages were 240 times higher than those of China, which canceled the natural advantage of proximity to the United Mexican States.

The advantage has also been supported by an increase in transport fuels to their highest levels in two years , which has become less attractive to send goods across the Pacific.

The smallest wage gap makes it possible for Mexico to achieve an even greater gain in the U.S. market in the coming years, said Sergio Luna, deputy director of economic studies at Banamex unit in Mexico from Citigroup .

Manufactured goods account for a fifth of the Mexican economy and 80% of its exports go to the U.S.. The good news for Mexico also show how the labor markets may be helping to correct the problem of so-called global imbalances.

Many countries, including Mexico, say that China has kept its currency artificially weak to support its export industry.

Economists say China's approach to exports, along with U.S. reliance on imports, has unbalanced the global economy and increased the risk of financial instability.

But in China are becoming scarce young workers, which is driven higher wages.

It is expected that rising food prices at the beginning of 2011 inflation boost after a dip in December, which further push wages upward.

Mexican factories are seeing more opportunities to compete after years of losing share to Chinese competitors, prompting the country's participation in the U.S. import market to 10% in 2005.

"Sooner or later the water had to return to their level," Solomon said Pressburger, head of the Confederation of Industrial Chambers (Concamin) of Mexico, who owns a factory jackets near Mexico City.

Benefit to U.S.

Foreign investment in Mexico is growing , as in countries like Malaysia and Vietnam, and the country's estimated about 19.000 billion in direct investment this year.

Established in Mexico may be good for business because the Mexican Americans tend to buy more US-made components in China. In general, Mexico buys nearly double U.S. exports to China , and anything that creates more demand for U.S. goods reduce the imbalances.

"If a company needs to move out of the country, is of strategic interest to the United States do to Mexico or Canada, our largest customers," said Barry Lawrence, industry and commerce who studies at Texas A & M.

In the past two years, Jabil Circuit has hired about 7,000 workers in the Mexican city of Guadalajara, which produces electronic goods, including BlackBerry phones to the Canadian firm Research in Motion, said Cesar Castro, a manager at Jabil.

"As labor costs are almost flush with China," he added.

Collectron, a provider of services to U.S. factories to Mexico recently led investments for the manufacture of medical devices a few years ago would have gone to China, said company president, Maria Elena Rigoli.

But the trend has not changed at all. China still has a huge share of 19% in the U.S. market. Most of the companies leaving Mexico may not be back soon, as some investors are concerned about security in a country beaten by drug violence.

AlixPartners places Mexico as the most competitive country for producing various manufactured goods, but a consulting client recently canceled plans to move to Mexico for safety, said managing director Stephen Maurer.

More than 34,000 people have died since President Felipe Calderon declared war on drug cartels

in late 2006, although some regions have been hardest hit than others.

Meco's new plant is opening in Saltillo , a city of less than one million people so far has not been hit by the violence of drug traffickers. Official statistics show 45 deaths related to drug trafficking since 2006, against 260 in Morelia, a city of comparable size.

Ward runs the risk by allowing their employees traveling in Mexico who travel at night. Is even considering building a second factory in Saltillo, working in tandem with its assembly lines in America


miércoles, 26 de enero de 2011

Financial Group Banorte Plans to Increase 14% the Credit in Mexico

Banorte plans to increase 14% credit
Consumer credit is an important lever in the growth of the bank's portfolio, in his balence Banorte has made a reservation for 100% of what you owe Mexico, 1.250 million pesos.
As part of the integration of Ixe with Banorte, recently joined Marcos Ramirez, who will serve as corporate director of Banorte. (Photo: AP file)
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By: Jesus Ugarte
MEXICO CITY (FORTUNE) - The total loan portfolio of Banco Mercantil del Norte (Banorte) this year will grow three times to do the Mexican economy (gross domestic product), ie between 13% and 14% estimated to officials of the institution in a conference call with analysts, the financial system.

According to Alejandro Valenzuela, director general of the third largest bank in the country, the expansion of the total portfolio will be supported by a strong increase in consumer credit , followed by the mortgage, payroll and government funding (in the latter advantage much cross-selling).

It also found that the net interest margin of the bank could expand from 20 to 30 basis points , driven by higher interest rates on consumer credit and lower cost of funding.

Moreover, managers at the conference mentioned that as part of the integration process of Ixe with Banorte , he joined Marcos Ramirez (previously working in Santander), who will serve as corporate director.

Book debt to 100% Mexicana

In the conference call, executives said Banorte in the fourth quarter of 2010 the bank made a reservation for 100% of the debt that Mexico had with Banorte (approximately 1.250 billion pesos (mp).

Also in the third quarter of last year the financial institution was able to recover about 182 million pesos of the total of what he owed the airline to suspend operations on 28 August.

Yesterday at a press conference, Alejandro Valenzuela said he did not rule out the possibility that the bank will become a shareholder in Mexico , as part of this rescue. He added that work with PC and Capital (who works on the integration of groups of Mexican investors who capitalized) to find a solution to the problem that led the airline to suspend operations.

On August 28, 2010, New Air Group fully suspended operations Compania Mexicana de Aviation (CMA), Mexicana and Click Mexicana Link arguing the serious financial damage that was and unable to reach agreements (with the different unions workers) that will give future viability of their operations and allow adequate capitalization.

According to the Directorate General of Civil Aviation (DGAC), the first half of 2010, Grupo Mexicana de Aviacion, which includes the three airlines mentioned, had a 28.7% share in the domestic passenger market, ranking second after of Aeromexico , which was 32.0%.

• • • •


Mexico's Exports Registered a New Record in 2010

Export record mark in 2010
January 25, 2011 - 23:51Credit:Roberto Morales / The Economist

Mexico's exports registered a new record total of $ 298.362 million in 2010, an increase of 1.9% over the figure achieved in 2008, according to the National Institute of Statistics and Geography.

Compared with 2009, the annualized growth rate of exports was 29.8 percent. In 2010, imports totaled U.S. $ 301.482 million, an annual increase of 28.6%, so a deficit of 3.121 million.

Imports and could not beat the record, also achieved in 2008, to 310.132 million dollars.

The different behavior due to external purchases benefited from that recorded a recovery in international markets, especially the U.S. market that Mexico leads the country to 80% of total exports, while imports showed the lower relative growth demand for the domestic economy.

Car exports boost foreign sales

Manufacturing sales grew an annual 29.5% in 2010, settling at U.S. $ 245.745 million. Of this amount, 26% were exports of the automotive industry, which had a record 64.948 million dollars.

In 2010, shipments from the U.S. auto industry increased by 51.8%, while the rest of the world the increase was 63.7 percent.

Oil exports amounted to 41.682 million dollars, 34.8% more, but remained below its pre-crisis level, when they were U.S. $ 50.635 million in 2008.

More shopping for consumption

Imports of consumer goods rose 26.2%, intermediate goods, 34.5% and capital goods fell 1.3 percent.

December 2010 only considering the value of merchandise exports was 26.901 million U.S. dollars, 16.4% higher than in the same month of 2009. This rate was derived from increases of 14.9% in non-oil exports and 25.6% in the oil.

In turn, the increase in non-oil growth originated from 12.2% in non-oil exports directed to the U.S. market and 25.3% in pipelined to the world.

Exports of manufactured goods recorded in December last year an annual increase of 15.1 percent. The most significant changes were seen in exports of food, beverages and snuff (26.5%), steel products (23.7%) of minerometalurgia products (58.3%) and machinery and equipment industry (32.2 per percent).


Nissan Will Put More Capital in Mexico

Nissan will put more capital in Mexico
January 26, 2011 - 12:18Credit:Notimex
Photo: U.S. File
Nissan Mexicana plans to increase its investments in the country, estimated at $ 900 million between 2009 and 2013, to increase production last year reached the milestone of 506.490 units.

The CEO and president of the company in Mexico, José Muñoz, said at a news conference that constantly evaluating opportunities for production and growth, and l $ 900 million you are a basis to further evaluate opportunities to increase "because we would like have more production capacity. "

As part of the celebration of 50 years of Nissan in Mexico, said that after exceeding the goal of making vehicles in Mexico in 2010 (500,000 units) the shipowner seeks to increase its volumes, the new units manufactured in Mexico and introduce the first fully electric car.

The March model already produced at the plant in Aguascalientes and marketed for the second quarter.

There is also the model-yet-identified brand name as L02V, to be sold in the second half of the year, and the Juke model that will arrive from Japan, and Leaf electric zero-emission, expected for next October.

"We have enough interest in increasing production, we think the strategy we implemented over the past two years to increase our exports has enabled us to secure jobs, has allowed us to cost competitiveness and allowed us to be competitive in the domestic market, " said.

In that sense, the manager said the intention of the Japanese owners to maintain this strategy 'to remain competitive in volume significantly. "

After clarifying that the prices of new units will be available to put on the market, said that the cost will be accessible, because "we do not bring these products to sell few, but we sell a lot and will be competitively priced insurance in each of these modelos2.

He stressed that after breaking record production in 2010, Nissan also reached historic highs in exports with sales of 344.246 units in 75 countries worldwide.

In terms of units sold brand in the domestic market, said that the head remains at Tsuru, who in 2010 achieved a 27.7% share, representing an increase of 12.3% compared to 2009.

This unit sales followed the NP 300 or cuttings, with 85.3% share and an increase of 9.6% annually, the Tiida with 30.2% share and an increase of 78.5%, and the Sentra with a growth of 19.5% , ie an increase in its share of 38.5%, he added.


2011 years of Tourism Said President of Mexico

2011, Tourism: Calderón
Economy - Tuesday, January 25, 2011 (13:27 hrs)

•The president announced several measures to boost the sector

(Photo: Cuartoscuro)

The online Financial

Mexico, January 25 .- President Felipe Calderón declared that 2011 is the year of tourism, and announced various measures to boost the sector.

Inaugurating the National Tourism Convention, the president reported that tourist spots travel to foreign journalists to put Mexico on the world's screens.

Thus began the work of the Convention Center of the National Tourism Confederation of National Chambers of Commerce, Services and Tourism (Concanaco-SERVYTUR) in Mexico City. The opening ceremony was led by Mexico's President Felipe Calderon, the president of the confederation, Jorge Davila, Secretary of Tourism, Gloria Guevara.

As part of the meeting Calderón Hinojosa signed a decree which ordered that 2011 is the Year of Tourism in Mexico and which said it is intended that the activities of government agencies to take into consideration the tourism industry.

Reported that this year the budget for tourism is higher by nearly 200 percent registered in 2006, adding more than four billion dollars, plus he said, he planned activities that benefit the sector as the organization of the next Summit Adventure Travel in Chiapas and the second Cultural Tourism Fair of Morelia.

He also commented that during the six years in charge have spent almost six billion pesos in infrastructure related to this sector and this year will continue to work for the opening of the new region designated by Teacapan in Sinaloa.

On the other hand, Jorge Davila stressed the importance of the industry without smokestacks in our country, as he said, generates 2.5 million direct jobs and nearly five million indirectly. He stressed that the revenue generated by the activities of this sector last year generated 11 thousand 900 million dollars in Mexico.

He also said that this segment that generates about 9 percent of GDP in 2010 showed signs of recovery by reporting a rise of over 6 percent in foreign exchange earnings and 10.4 percent in the number of tourists, while was an increase of 16.2 percent in the arrival of international air travelers.

On the other hand, argued that among the actions taken by the Confederation to promote tourism is launching the second part of the campaign "speaks well of Mexico." Further commented that the agreement was supported and promoted National Tourism Modernization program, through which it has provided bench to three thousand companies.

Finally, explained that during the convention will share experiences to improve understanding of the sector to promote it. He noted that members of the confederation total more than 650 000 companies grouped in 254 cameras. Together these generate 50.3 percent of national GDP and 53 percent of the jobs registered with the IMSS. (With information from agencies / Diana Briseño / MCH)


Sectur Ensure Airline Customers in Mexico

Sectur ensure airline customers


Economy - Wednesday, January 26, 2011 (4:47 pm)

•Create a fund with private

•Support flights to unprofitable destinations•IP calls for concrete actions "Year of Tourism"•Claudia Alcantara / Eduardo Ortega / Isabel BecerrilThe online Financial

Mexico, and January 26 .- The Ministry of Tourism (Tourism Ministry) will look this year as a resource-kind subsidy, to ensure the national and international airline flights air occupation of newly created or domestic and international routes to Mexican tourist destinations unprofitable.

The head of the agency, Gloria Guevara, said one of the strategies implemented to increase air connectivity this year, declared the Year of Tourism by President Felipe Calderon will be the creation of this fund.

"The measure (the fund) will start this year, will be one of the actions to provide the president, is coupled with a comprehensive plan that was built last year by the federal executive to promote the Year of Tourism", said after attending the National Tourism Convention 2011 of Concanaco-Servitur.

Tourism Ministry said that will do a study to define the number of available seats that are required by incentive destination, based on the volume of hotel rooms installed. Under this dynamic may estimate the amount of resources that will be needed, he said.

Guevara said that some of the resources will come from the federal government and a private enterprise, which is "very interested" in participating.

After the study, ask the airlines to create new routes, flights and frequencies, he said.

Said that in the first international routes will be invited to the country's airlines to fly to other countries if they do not care, would the request to foreign airlines.

The official explained that the fund seeks to ensure economically airlines federal government will take the proper promotional campaigns to promote the route or destination.

The model

He stressed that the security model works the first two to three months of operation of the routes, and in case of default on the commitments in that period, and is a volume of empty seats, "will use the financial guarantee to compensate airlines .

As evidence that the Bahamas has an agreement with American Airlines security, which until now has not been used, because flights are full, the idea in Mexico is the same thing happens.

Guevara said that 99 percent of the routes left Mexicana Airlines, after its suspension, have been covered and even the number of seats in some places it is higher.

For his part, Calderon signed a decree which declared 2011 as the Year of Tourism, under which the federal government is committed to aligning the secretariats to support activity, made international events to attract tourists and invest in the sector.

He said the global average growth in tourism was more than 6 percent, while that of Mexico exceeded 10 percent, "we are well above the world average in tourism growth."

Calderon said the 99.99 percent of the ten million international tourists visited the country in 2010 was not affected by the prevailing violence.

The president of the National Tourist Business Council (CNET), Pablo Azcarraga said that decree does not eliminate the bad image of the country abroad by insecurity, but a comprehensive action plan, with positive news.

Jorge Hernandez, president of the Mexican Association of Travel Agents (AMAV), said the decree formalizing the commitment, but should initiate coordinated action between public and private sectors.

For its part, the Concanaco presented the program "Let's talk and act good for Mexico," which seeks to clear the country's image with foreign tourists. (With information from El Financiero / APB)
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Investment Will Reach 25 Million Dollars to Industrial Parks in Queretaro Mexico

Investment will reach 25 million dollars to industrial parks in Queretaro


Economy - Wednesday, January 26, 2011 (10:24 hrs)

•This was announced by Secretary for Economic Development, John Gorráez Aguilera

The online Financial
Querétaro, January 26 .- For 2011 it is anticipated the arrival of new businesses to the industrial parks in the municipality of The Marquis, with an investment of up to 25 million dollars, Economic Development Secretary John Gorráez Aguilera, who described "very good" economic recovery that was last year.
"Based on the projections of the Sustainable Development Secretariat (SEDESU), which is what we set the pace, look good year after 2010, it was a very good recovery companies operating in the territory of The Marquis, this year at least we will have an investment of between 20 and 25 million dollars, generating up to 500 thousand direct jobs. "

He said the investment will come mainly from large enterprises to be established in industrial parks already exist in the municipality.
"Many of them have been and there are new industrial parks have been opened, as is the Parque Tecnológico, Parque Industrial El Marques, and Bernardo Quintana."


Finally, he said, the new undertakings will be established this year are mainly auto parts, aerospace industry, logistics and real estate. (With information from Salvador Estrella / AYV)

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Mexico Places 36 in List Of More Globalized Countries

Mexico, place 36 in list of more globalized countries


Economy - Wednesday, January 26, 2011 (15:22 hrs)
•Hong Kong ranks first(Photo: File)
The online Financial
Davos, January 26 .- Mexico is ranked 36th in the list of most globalized countries in the world, close to the U.S. and ahead of Japan, according to a study released today by Ernst & Young.
The list, which also intervened prestigious building Study Center Economist Intelligence Unit (EIU), is headed by Hong Kong and in last place, 60, lies Iran.
United States is ranked 28 and Chile, the first Latin American country on the list, 29. Japan, the world's third largest economy, ranks Brazil 42 and 46.
The most valued of Mexico are the movement of capital and the commercial activity which is rated lower in the technology exchange.
Globalization Index developed for this report measures the performance of the 60 largest economies in the world according to 20 different indicators which are obtained by integrating key aspects of their businesses beyond their borders.
The report is titled "Winning in a polycentric world: globalization and the changing world of business" and he compares the degree of globalization reached by the largest economies in relation to its Gross Domestic Product (GDP).
The indicators are divided into five main categories: openness to trade, capital movements, exchange technology and ideas, labor movements and cultural integration.
The index measures the level of globalization in relative rather than absolute.
According to this criterion, a country's trade, investment, technology, workforce and cultural integration with other countries is measured in relation to its Gross Domestic Product (GDP) rather than by the absolute value of those elements that exchange.
The report also takes into account the results of a survey conducted in November 2010 over a thousand senior business executives around the world about what your views on the globalization.
According to the study of the audit, the 60 largest world economies will deepen the process of globalization from 2011 to 2014.
Due to the global crisis, he added, this trend was slowed in 2009 and recorded only a small step last year.


But the recovery of the global economy, technological innovation and growth in emerging markets will favor an acceleration of this process in the coming months, the researchers report.


The report noted that the major challenge for companies is to integrate two trends, in principle, opposed.


On the one hand, globalization encourages companies to expand internationally and operate globally and, secondly, the differences between each market, which also requires companies to a more local approach, said Ernst & Young. (With information from Notimex / MCH)

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Born Mexican Cruise Brand

Born Mexican cruise brand


Business - Monday, January 24, 2011 (14:14 hrs)


•Star Ocean is expected to generate an economic Cruises three thousand pesos

The online Financial


Mexico, January 24 .- From this year to begin operations the first Mexican cruise line, Star Cruises Ocean, formed by the group of businessmen National Cruise Corporation. It is estimated that each year the company's operations generated a total economic benefit of nearly three billion pesos in the various ports it touches.


During the presentation of the mark, Henry Yaniz, director general of the company, reported that the route of the Pacific Ocean Star boat, with capacity for 50 thousand passengers, ports include Acapulco, Manzanillo, Ixtapa-Zihuatanejo, Puerto Vallarta, Huatulco , Cabo San Lucas and Puerto Chiapas.


The plans of the corporation include in the next five years the fleet is six boats may sail the waters of the Pacific, Gulf of Mexico and the Sea of Cortez. This year there will be six tours of three to seven nights.


With the launch of this brand was created approximately 750 direct jobs and 500 indirect three thousand. It is also estimated that cruise passengers annually generate 500 million pesos in the destinations they travel the boat, spend 70 million dollars in supplies and paid 50 million pesos in taxes and port services.


According to the federal tourism secretary, Gloria Guevara, said that Mexico is the second largest market for shipping since last year the country's ports reached two thousand 600 cruises with five million 400 thousand passengers, or nearly 10 percent more than in 2009. (Diana Briseño / Finsat / MCH)

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Come and Enjoy lifestyle Of Mazatlan Mexico

Como and Enjoy the Lifestyle of Mazatlna Mexico

Come to Enjoy Mazatlan Lifestyle

Come to Mazatlan Enjoy

lunes, 24 de enero de 2011

Mexican Company Prepares Ground For Exploitation Of Madure Fields

Pemex prepares ground for exploitation of mature fields




13/01/2011 15:01



Three areas that make up to six mature fields in Tabasco will be the first in the country to be part of Comprehensive Contracts Pemex will launch this year for the first time since the 2008 Energy Reform.



The process of assigning contracts for Pemex in the Southern Region is the first time that Pemex will invest with other companies that have more technology to increase production in these fields.



The new start time Pemex in Tabasco to projects in the areas known as Carrizo, Sanctuary and Magellan, which have a total area of 312 square kilometers (Magallanes 169 km2, 130 km2 and Carrizo Sanctuary 13 km2) with a current production than 14,000 barrels per day (mbd) and a reserve of 207 million barrels of oil equivalent (MMboe).



Comprehensive Contracts by the figure, Pemex draw on the expertise and technology from other companies to recover fields are in decline, but still have potential.



The contracts will last up to 25 years and may be removed at any time, with an evaluation period of 24 months and a final review of each year to update the calendar.



The call for these three projects will be issued in late February and the parastatal is currently in the process of creating the Preben.



The signing of the contracts are expected to take effect in August this year, while in the months before the workshops will be integrated and clarifications to the tender, and sorting.

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Mexican Company Pemex Begins Road Show In Houston and Calgary

Pemex begins road show in Houston




21/01/2011 14:32



Pemex, the state company responsible for oil from Mexico, will start a promotional strategy to find companies interested in participating in the first incentive contracts for oil exploration and drilling in Mexico.



The presentation of the parastatal will start in Houston, United States, and then continue in Calgary, Canada.



The search begins outside the country because in the interior of the country there are no oil companies have the experience and technical capacity for deeper exploration.



With incentive contracts, Pemex tenders will start a program to boost exploration in many mature fields, including the Chicontepec and deepwater Gulf of Mexico, which is aimed at reversing a decline of almost 25% in domestic production oil between 2006 and 2009.



Firms that win the competition for contracts will receive a percentage of each barrel extracted, plus a cost recovery fee, with which the oil will remain the property of Pemex, which remains the seventh largest oil producer in the world and that brings a third of Mexican government revenues.

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France Calls On Mexico To Do Business

France calls on Mexico to do business




21/01/2011 14:18



Franco Mexican Chamber of Commerce and Industry (CFMCI), together with the Ministry of Economy (SE) and ProMéxico, joins a group of Mexican companies with export profile for a business meeting with French entrepreneurs.



Will be about 70 companies with export potential in various sectors, however, there is special interest in the aerospace and agribusiness, said Valeria Valdez, director of the International Department of the CFMCI.



Applicant companies to engage in a business meeting in October or November this year with French entrepreneurs should have an international department with a view to exporting and doing business with Europe.



The board noted that during 2008, the chamber's promotional efforts to find distributors and customers of French companies in Mexico. Business appointments were made in November 2009 where 70 companies participated and there were some closures of contracts for the representation of products.



In March 2010, Jean-Paul Herteman, president of Mexico's Year in France and chairman of Safran Group, stressed the importance of economic ties between France and Mexico, and stressed their willingness to work personally for this year cement, a durable, exchanges and dialogue across all areas of bilateral cooperation.

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viernes, 21 de enero de 2011

10 Airlines Want to Fly To Mexico By The Demand in That Country

10 airlines want to fly to Mexico


The Tourism Ministry said the companies have expressed interest in operating in the country, the Russian Aeroflot is a company that analyzes this strategy, according to Gloria Guevara.

The Tourism Ministry said that Russian airline Aeroflot plans to open routes to Mexico by the demand in that country. (Photo: Photos to Go)

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MADRID, Spain (Sports Network) - At least 10 airlines that fly to Mexico have expressed interest to start doing so before the demand generated worldwide on target , said Secretary of Tourism , Gloria Guevara Manzo, within the framework of the International Fair Madrid Tourism ( Fitur )



Aeroflot , which currently does not fly to Mexico, are considering doing so because demand is being generated in Russia to visit the country.



He cited the example that American Airlines has moved a few seats tourist destinations in the United States to Mexico. "Normally, airlines still in demand and if demand is in Mexico, continue to that destination," he said.



American Airlines said it opened new routes: Dallas-Veracruz, Queretaro Dallas and are evaluating other cities, while the airline had increased its seating capacity of Miami-Cancun, Mexico Dallas, Dallas, Dallas-Cancun and Guadalajara.



Continental Airlines that fly to Chiapas and is flying to destinations that previously did not fly. Alaska also increased frequency and space, American Virgin is flying to Mexico and did not fly before and U.S. Airways is increasing destinations.

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jueves, 20 de enero de 2011

The Steelmaker Is Installed In Coahuila Mexico Coilplus

The steelmaker is installed in Coahuila Coilplus




24/11/2010 12:42



Mexico. Coilplus company specializing in processing steel for the processing industry and automotive subsidiary of Mitsubishi will be at the Santa Maria Industrial Park in the municipality of Ramos Arizpe.





Thus the company of U.S. origin, specific investment in the state of Coahuila, 28 million dollars and give employment to 100 people in the first quarter of 2011, according to the Ministry of Economic Development.





For this company is the second production unit that installs in Mexico, after having Nicometals operation in the country.





Coilplus is a corporation that began in 1985 with a unit in Greenfield in Athens, Alabama.



Grew to nine plants located throughout the United States and now two in Mexico.





The firm launched an aggressive campaign of expansion after Greenfield and build three additional facilities in Illinois, Ohio and Texas. For the acquisition Coilplus added facilities in Pennsylvania, Connecticut and North Carolina.





With the consolidation occurring in the global steel market, the Mitsubishi Corporation and Nissho Iwai Steel combined investment in 2003 and are part of a new company, Metal One





The overall position of Metal One, it has a presence in North America, Asia and South America and has no rivals in the trade of metal and steel processing industries.
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25 Companies that Invested More in $12,600 Million Dollars in Mexico

Companies that invest in Mexico


Twenty-five firms invested more than 12.600 million dollars and generated more than 60,000 jobs in the country, these companies move the national economy in sectors where business opportunities.





The 25 companies in the ranking of the magazine Expansión invested more than U.S. $ 12.600 million in Mexico. (Photo: Special)

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Firms manufacturing and retail dominate the list of the 25 companies that invested the most in 2010 from the magazine Expansión .



These include Goldcorp , Ford and Walmart . See the full list (open access) .



The investment more important in Mexico during 2010, foreign companies and nationals , generated more than 60,000 jobs.



The total amount spent by the pool of 25 companies exceeds U.S. $ 12.600 million (million dollars), almost the total amount of foreign direct investment (FDI) from around 2009 (13.900 million dollars) and more than captured in the first half of 2010 that was 12.239 million dollars.



See here the breakdown of investments in each of the 25 companies (free access).





The list, being the first does not have a reference for comparisons with previous years, but yields information , for example, what are the companies that are moving the economy and what are the areas where there may be opportunities business.



The ranking is dominated by firms manufacturing and retail among the major investment companies.



In the former case, there is a need for conversion of production lines of companies automakers to manufacture new vehicles such as the Ford Fiesta and the new Fiat.



As companies self , there is a clear appetite for domestic market of more than 112 million people (representing $ 1 trillion), a situation that is doing that are committed to opening more stores in the country.



The 'gold rush' is also reflected in the ranking. Printing press is led, Gold Corp ., belongs to the mining sector and is an example of the investment made in that industry, which is estimated there are over 200 domestic and foreign firms to explore and, in some cases, operating sites gold, silver and copper, mainly.

The list also confirms the growing business interest in Mexico aerospace and energy .



"No wonder, both industries are now fundamental in the ProMéxico portfolio.



"Just aerospace investment has been growing 20% annually. The manufacture of turbines, aircraft fuselages and executives continue to bring investment in 2011," said Luis Oliva, Director of Investment Attraction and International Business ProMéxico , an agency of the federal government in charge of strengthening the country's participation in the international economy.



For 2011 there are about 1,000 projects of investment in ports, according to ProMéxico, and there is confidence that the resources for productive projects are significantly higher than in 2010.



But it would be wrong in taking the bells ringing, but a report by consultancy AT Kearney placed Mexico as the fourth most attractive location for investment (after China, India and Brazil), Olive himself notes that there are still significant challenges to ensure the pipeline projects and add more. The main two are in the field of law and security.

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Mexican Group Carso, Investment a Productive Place in Mexico

Grupo Carso, a productive place 5 to 25 PREVIOUS


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The term Carso will Soumaya Museum (photo), plus a three-level mall, a theater for 1,500 people, three apartment buildings and five parking levels. (Photo courtesy Geometric Mexico.)

Walmart More Shops, More Sales in Mexico

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In November 2010, Walmart de Mexico opened 58 new branches in Mexico, 46 were Bodega Aurrera, seven Walmart, three Superama, a Sam's Club and Suburbia. (Photo courtesy of Walmart)

Ford Company Hit The Accelerator In Cuautitlan Mexico

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On May 11, 2010 was officially reopened the Ford plant in Cuautitlan Izcalli, Estado de Mexico for the production of the new Ford Fiesta 2011. (Photo: AP)

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25 Companies that Invested More in 2010 in Mexico

25 companies that invested more in 2010


These domestic and foreign companies in 2010 generated more than 60,000 jobs in Mexico.

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Investments made by the Gold Mining Corp. in Mexico during 2010 were a sign of good time spent on the global metals. (Photo: Jupiter Images)

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Mexico opens largest gold mine

Goldcorp launched the Peñasquito in Zacatecas complex with an investment of 1.700 million dollars. Peñasquito generate 150.000 ounces of gold

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Sector: Mining

Project: Exploration of the mine Peñasquito



Investment: U.S. $ 1.500 million





The project Peñasquito mine, in Zacatecas , the Canadian firm Gold Corp, started in 2007 and completed last year. It is considered the investment more important in the mining sector in the last two decades.



It is anticipated that 2011 will be reaching peak levels of production of the mine and, when that happens, would be positioned as the leading gold producer at the national and the second largest producer of silver in the world.



Peñasquito mine has an annual production capacity of 12.44 tons of gold, 964 silver, 97.000 to lead and 189.000 of zinc .



Also, the site has assets valued at 10.518 million dollars and a lifetime of 22 years.



The investment created 2,500 jobs. The project cost $ 600,000 per new job created.

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miércoles, 19 de enero de 2011

Farms For Tourism Revamp in Mexico

Farms for tourism revamp


January 13, 2011 - 23:11Credit:Alejandro de la Rosa / El Economista

The National Fund for Tourism Development (Fonatur) signed yesterday an agreement to advise the Federation of Farms, Ranches and Hotels in Mexico who are planning to invest 10.000 billion pesos over the next five years.



This organization aims to refurbish about 300 buildings and tourist sites to make them come to rely, in some cases, with golf courses.



They also provide business detonate alternate site is located at one of the buildings, such as local transportation and food.



There is even some interest in making residential developments within the estates to meet U.S. and Canadian retirees who like quiet spaces as a second home. Some of the lots have areas of up to 400 hectares.



With the agreement is intended that a greater number of owners of historic properties to join the strategy of tourist resorts in the country, supported by the highway infrastructure that brings visitors to the estate.



It is estimated that at least there are 800 buildings that could be renewed, although some have the receipt from the National Institute of Anthropology and History. According to the entrepreneurs, it is intended that the properties that operate as museums or cultural centers that are managed by local governments are part of the offer that they will promote.

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Expected Rise In Hotel Investment This Year

Expected rise in hotel investment this year


January 13, 2011 - 13:49Credit:Alejandro de la Rosa / El Economista

Photo: U.S. File

In 2011 investment in hotel infrastructure will reach 4.300 billion, 10% higher than that recorded in 2009, said the president of the Mexican Association of Hotels and Motels, Armando Uribe.



At a press conference, the employer considered that in the next 12 months there will be a revival in the sector, after the effects caused by the economic crisis of 2009, but still managed to stay away from the amount that exceeded the previous year's 5.000 million and was record.



In Association estimates that in the next six years, the tourism sector will grow between 3 and 5%, which is a projection "measured" against the federal government's approach to do to double digits, while international travelers will increase by only 1 % from 2009 when 600,000 people arrived in 22 million.



Seek to shift the domestic market



After summing up the hotel industry, Uribe acknowledged that the national occupancy rate last year was close to 50% and in 2011 would remain the same, so requested a reallocation of the Tourism Board of Mexico ( CPTM) and bet on the market.



In 2010, 70% of budget will the agency (more than 800 million pesos) was used for campaigns in the U.S., which, he noted, was positive and did help, but turning the alerts they issued some U.S. states eventually affected country.



"We believe that they must continue the campaign, but must be done with reservation on what level of safety perspective changes a bit, and we believe that 15% of these resources should be reallocated to national promotion," he said.



To tell the employer, Mexico is a country that has failed to detonate their natural wealth and still not have adequate infrastructure for ecotourism.

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Mexican Tourism Interesting In Europe Businessmen From Spain, Germany and the UK

Mexican tourism interest in Europe turned


January 19, 2011 - 10:44Credit:Notimex

Photo: U.S. File

Mexican Secretary of Tourism, Gloria Guevara Manzo said that there are several European businessmen, mainly from Spain, Germany and the UK interested in investing in new tourism projects in Mexico.



In statements, the official explained that on his promotional trip to Mexico from 17 to 21 January by Spain and France, holds meetings with businessmen in the tourism sector to discuss new investment.



He said also the owner of the National Fund for Tourism Development (Fonatur), Adriana Perez, participates in these meetings that include groups such as the Spanish Ríu, Melia, Barcelo and others already have a presence in Mexico.



He added that, during the International Tourism Fair of Madrid (FITUR) 2011, held from 19 to 23 January in the Spanish capital, explained to investors about facilities planned and fully integrated tourist project.



"There are some (Spanish business) interested in building in Nayarit, in different types of projects, and above all there is interest expressed by Mexico to continue to invest, we have invested heavily in Mexico," he said.



Among the projects which include talks on the Riviera Maya, Isla Cortes estates in different parts of Mexico, Caribbean destinations, Puerto Escondido, among others.



He noted that the intent of these meetings is also 'follow up projects already in the country , yet last year the recovery was complicated in the world with major Spanish investment in Mexico. "



Also said that Spanish companies are interested British groups in the hotel projects, while German companies want to participate in technology for sustainability of tourism.



Guevara emphasized that investing in new projects and countries in Asia like Singapore and India, 'which is something that should be monitored closely in order to perform the detonation of the investment. "



In addition to the search for new investments, visit the Secretary Guevara also meets with the company Viajes El Corte Inglés, to strengthen the promotion campaign in Mexico in 2011.
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martes, 18 de enero de 2011

British Aerospace Companies Explore Opportunities in Mexico

Business Day


British aerospace companies explore opportunities in Mexico

A mission with representatives of thirteen aerospace companies will visit from 19 to 21 January Tijuana and Mexicali, in northwestern Mexico, "to explore opportunities and business environment in the sector", reported the British embassy in this country.



In a statement said today began the first phase of the U.S. view and in two days, employers will be in Mexico, at the hands of the Aerospace Defense and Security (ADS acronym), a commercial agency for the aerospace, defense and security.





The mission seeks to "strengthen trade relations in the aerospace industry between Britain and Mexico," the note said the director of UK Trade & Investment (UKTI) in Monterrey, Johnathan Clarke.





These two countries have a collaboration agreement to promote cooperation, trade and investment Aerospace since July last year.





Until now, the aviation sector UK companies have manufacturing facilities in Mexican cities such as Mexicali, San Luis Potosi, Guanajuato, Saltillo, and the states of Coahuila, Nuevo Leon, Sonora and Baja California, the latter where they are Tijuana and Mexicali .

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Mexico Enter The BRIC Group

Mexico 'enter' the BRIC group


The economist who coined the term in 2001 will release its new list of emerging Jim O'Neill believes the group has been overtaken by what their characteristics should be redefined.

The economist who coined the term BRIC in 2001, will now include Mexico, South Korea, Indonesia and Turkey. (Photo: Jupiter Images)

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MEXICO CITY (FORTUNE) - Jim O'Neill, the financial expert who coined the term BRIC (Brazil, Russia, India and China for its acronym in English), include in its list of emerging markets in Mexico, Korea South, Indonesia and Turkey , arguing that the term has been surpassed.



"Any economy among emerging markets, representing 1% of global GDP, and has the potential to increase it, take it seriously," O'Neill said in an interview with the Financial Times.com.



The president of Goldman Sachs Asset Management believes that the term " emerging markets "is no longer useful, because it brings together a range of countries very different possibilities.



Mexico and South Korea accounted for 1.6% of world GDP in nominal terms, while Indonesia and Turkey are worth 1.1% and 1.2%.



China is the second largest economy, with 9.3% of global GDP (U.S. worth 23.6%), while Brazil, India and Russia expected 8% in combination.



China issued an invitation to the biggest economy in Africa, South Africa , to join the group of emerging BRIC , said on 24 December a South African government minister.



South Africa sought to join the BRIC at the last meeting of the Group of 20 leading world economies (G20) in November, said at the time the Russian president, Dmitry Medvedev .



The term BRIC was coined in 2001 by Jim O'Neill. The economist has resisted the group include countries including South Africa. He takes into account the country's size, demographics and growth potential. The African country contributes 0.6% to world GDP.



" South Africa will be successful, but not great , "said O'Neill.



With information from Reuters.

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IN 2011 Mexico, The Pound Not Bric

In 2011 Mexico, the pound, not BRIC


The Mexican economy seems to be the safest emerging markets, says Walter Molano of BCP Securities, has acted prudently and will cope with the volatility present: Manuel Guzman Ixe.

Standard & Poor's downgraded by one notch the rating of Spain to AA from AA +. (Photo: Jupiter Images)

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The Composite Leading Indicators 29 of its members rose to 102.8 points in November.





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Special

The world in crisis

Special

Mexico, toward the end of the crisis? By: Isabel Mayoral Jiménez

MEXICO CITY (FORTUNE) - Due to prudent macroeconomic management and its proximity to the United States, whose economy is beginning to show improvement, Mexico appears to be the only safe place within the emerging markets, mainly in Latin America, says Walter Molano chief economist at BCP Securities.



Although monetary expansion applied Federal Reserve (Fed) had no impact on U.S. consumer prices clearly "winds blew over the inflationary fires along the developing world and therefore we can not return to the group called BRIC (Brazil, Russia, India, China) in search of global growth. They will be very busy slowing their own economic activity levels in order to keep inflation under control, "he says.



After the 2009 crisis, Mexico acted wisely, to increase its international reserves , oil and insurance is a new flexible credit line with the International Monetary Fund (IMF), says Manuel Guzman, chief economist at IXE Grupo Financiero .



"We continue to see volatility in financial markets, but Mexico has favorable conditions to address these movements," he says. In fact, the relevant implication for Mexico of the measures taken by the Fed, which are intended to boost confidence, reviving credit, create jobs and bolster U.S. growth, is that financial capital will seek higher yields.



"Mexico has the highest rate differential over the United States between the emerging world, but the asset quality is higher, attracting less speculative capital. In all this, the key for Mexico is that flows from tourism and remittances s recover, which depend on recovery in the employment structure, it underlines Guzmán.



While Europe will continue in 'doldrums', where years of deflation and painful adjustments these countries are still waiting as they struggle to realign their relative prices, the outlook for 2011 is very different from 2010, mentioned Molano.



"The United States will move to the driver's seat, as emerging markets and Europe are reduced. This is good news for Mexico, which lacked much of the euphoria of last year related to the BRIC . However, the positive scenario is the shelves for us is subject to U.S. consumers feel confident enough to return to the shops and spend, spend, spend, "he adds.



After three years of promoting global growth, the economic engine of the emerging markets is finally overheating . Inflation is clearly on the rise in countries such as China, Brazil, India, Argentina, Venezuela and Ukraine.



The Chinese consumer prices rose 5.1% annually in November and producer prices jumped 6.1% year over the same period of time, which led to increased interest rates in 25 basis points on 25 December and similar monetary policies are being copied across the spectrum of emerging markets, as central banks try to keep inflation under control.



"Unfortunately, the outlook over the emerging markets is also problematic. The first problem is complacency. With the exception of Mexico, most politicians in emerging markets, particularly in Latin America, drank (tetra ) BRIC Kool Aid "highlights Molano.



They really thought they were immune to the problems in the developed world. This, in itself, a sufficient condition for an unpleasant surprise. The second concern is the massive deterioration in external accounts. On the eve of the collapse of Lehman Brothers, the Latin American numbers were good.



The combined current account surplus was U.S. $ 25.000 million . The region had the resources to absorb a massive external shock. However, the current account deficit for 2010 will be 34.000 million and more than 50.000 million for 2011, so the mattress is gone.

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BBVA Will Increase 28% Mortage in Mexico to Development Homes

BBVA will increase 28% mortgage




17/01/2011 22:24



BBVA Bancomer, the Mexican unit of Banco Bilbao Vizcaya Argentaria in Spain, plans to increase 28% in mortgage lending.





This represents 44.000 additional mortgages to support the granting of credits Fovissste 9.500, 19% more than in 2010, according to numbers from the bank.



The expectation of BBVA, in financing construction of houses is an increase of 23% over last year, ie 114.000 housing.



To achieve the above, the institution should invest a total of 51.325 million pesos, exceeding by 20%.



The bank's commitment of economic prospects in Mexico are stable compared to 2009 when he showed the economic crisis, which allows the niche of middle and residential housing is becoming an important segment, representatives concluded signature. (Common Sense)

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Interjet Buy 15 Aircraft For $650 Million Dollars

Interjet buy 15 aircraft for 650 million dollars




17/01/2011 22:35



Interjet, the second commercial airline in Mexico by the number of passengers within the country, signed a contract with the Italian SuperJet International to purchase 15 aircraft at a cost of 650 million dollars, the European firm.



In addition to the contract, Interjet signed an option for the potential acquisition of five aircraft of this type, Sukhoi Superjet 100, each a capacity of 98 seats.





The first deliveries of the planes are scheduled for the second half of 2012. Besides aircraft, the Italian firm will also offer post-sales service for a period of 10 years.





The contract was announced in a statement by the company Finmeccanica SpA, which controls the joint venture Superjet International, Alenia Aeronautica of Finmeccanica and Russia's Sukhoi Holding.





Interjet, began operations in 2005, has about 20% of the domestic flight market in Mexico, currently operates a fleet of 22 Airbus A320 aircraft, 10 owned and 12 leased, with which serves 28 routes within the country.





Interjet sources were not immediately available to give more details about the contract with Superjet International. (Common Sense / The Weekly)

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Antad Partners Will Invest $3,600 Million Dollars

ANTAD partners will invest 3.600 million dollars




17/01/2011 22:54



Members of the National Association of Supermarkets and Department Stores (ANTAD) exercise resources 3.600 million in the opening of new stores, renovations and technology during 2011.





This investment will create over 35,000 jobs and will boost sales 2.6% this year, according to agency president, Vicente Yanez





On the other hand, the comparable sales increased 3.5% ANTAD the end of 2010, a figure considerably higher than projected by the agency earlier this year, which was 0.4%.





This growth to equal units (establishments with more than one year in operation) was supported by a rise of 11.4% of sales in department stores, 2% of supermarkets and 1.5 of the specialized.





Events like the World Cup, the Bicentennial, the promotional activity of the chains and the low comparison base of 2009, were instrumental in boosting sales growth last year, concluded the ANTAD. (Millennium / The Weekly)

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viernes, 14 de enero de 2011

San Miguel Allende Mexico

Valle De Bravo Mexico

Little Town In Mexico

Happy Holiday Report Less Room at the Inn in Mexico

Happy holiday report: Less room at the inn


Escrito por Real Estrategy 2 Internacional Ene 10, 2011 Tourism officials in Mexico’s resort destinations of Cancun, Cozumel and the Riviera Maya on the Mexican Caribbean coast and in Puerto Vallarta and Acapulco on the Pacific coast reported that holiday traffic was up from a year ago.



Acapulco Mayor Jose Luis Avila Sanchez said hotels in that city were nearly full over the Christmas-New Year period.



Cancun’s hotel occupancy rate was running at 77% in December, compared with 51% at the same time last year, according to Rodrigo de la Pena Segura, president of the city’s hotel association. Segura said that the holiday period was expected to top out at 85% occupancy.



For all of Mexico, the number of foreign visitors and domestic travelers was expected to total 16.1 million throughout the month of December.



Tourism revenue in Mexico’s resort areas increased 7.1% from January through October 2010, compared with the same months in 2009, according to the Mexican Tourism Ministry. Total visitor spending for that 10-month stretch amounted to $9.8 billion, helped in part by numerous low-cost tropical packages flooding the marketplace.



“Safety is a problem only in some parts of Mexico, and crime has not affected the major tourist areas of the country,” said Miguel Torruco Marques, president of the National Tourism Confederation. The NTC projected that the overall visitor count for 2010 would total 22.4 million foreigners, a 4.7% jump from 2009.



American Express reported that air travel to Mexico grew 6% in 2010 compared with 2009.
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By: Gay Nagle Myers/ Travel Weekly

The 41 Places To Go In 2011

The 41 Places to Go in 2011


Escrito por Real Estrategy 2 Internacional Ene 12, 2011 8. Loreto, Mexico.- A beach hideaway with sport fishing gets a luxury resort.



Long known for sport fishing, Loreto, on Baja California Sur’s eastern coast, is poised to become one of Mexico’s next luxury destinations.



On Wednesday, Villa Group Resorts, one of Mexico’s largest privately owned hotel groups, will open a $60 million Villa del Palmar resort with three restaurants, a 20,000-square-foot turtle-shaped pool and 150 suites from $250 to $1,500 a night. The resort is the first phase of an 1,800-acre development, Danzante Ba. It will add seven resort hotels, restaurants and a Rees Jones golf course.



Primeros 10 lugares: 1) Santiago, Chile. 2) San Juan Islands, Wash. 3) Koyh Samui, Tailandia. 4) Islandia. 5) Milán. 6) República de Georgia. 7) Londres. Loreto. 9) Park City, Utah y 10) Cali, Colombia.
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The New York Times

Economic Forecasts For Mexico

Año 16, Número 01 EXPECTATIVAS ECONÓMICAS PARA MÉXICO 7 de enero de 2011


Year 16, Number 01 ECONOMIC FORECASTS FOR MEXICO January 7, 2011

Acus Consultores Alberto Calva Acus Consulting

www.AcusConsultores.com.mx 1 de/of 18 www.AcusConsulting.com

Ni Acus Consultores, S.C. ni Alberto Calva Mercado se hacen responsables por las decisiones que se tomen con base en la información y

comentarios aquí presentados, ni por la exactitud de las cifras. Neither Acus Consulting. nor Alberto Calva are responsible for any decisions

made based on the information or comments here presented, neither fo r the accuracy of the figures.

EXPECTATIVAS

ECONÓMICAS

PARA

MÉXICO

ECONOMIC

FORECASTS

FOR

MEXICO

7 de enero de 2011 January 7, 2011

Contenido

Comentarios en español e inglés

(página 2 a 6)

Tablas de datos en español

(página 7 a 12)

Tablas de datos en inglés

(página 13 a 18)

Contents

Comments in Spanish and English

(pages 2 to 6)

Tables of figures in Spanish

(pages 7 a 12)

Tables of figures in English

(pages 13 to 18)

Esta publicación es elaborada por Acus Consultores y

Alberto Calva.

Este documento puede consultarse en www.acus.com.mx

Su objetivo de este documento es apoyar al ejecutivo en su

proceso de toma de decisiones a través de presentar de

forma concisa y sencilla la información sobre las

cambiantes expectativas económicas que hay disponibles

para México.

Ni Acus Consultores ni Alberto Calva se hacen

responsables por las decisiones que se tomen con base en

la información y comentarios aquí presentados, ni por la

exactitud de las cifras.

This document is prepared by Acus Consulting and

Alberto Calva.

This document is available at www.AcusConsulting.com

The purpose of this document is to support the executive’s

decision making process by presenting in a concise and

simple way the available information regarding the

changing economic forecasts for Mexico.

Neither Acus Consulting nor Alberto Calva are responsible

for any decisions made based on the information or

comments here presented, neither for the accuracy of the

figures.

Año 16, Número 01 EXPECTATIVAS ECONÓMICAS PARA MÉXICO 7 de enero de 2011

Year 16, Number 01 ECONOMIC FORECASTS FOR MEXICO January 7, 2011

Acus Consultores Alberto Calva Acus Consulting

www.AcusConsultores.com.mx 2 de/of 18 www.AcusConsulting.com

Ni Acus Consultores, S.C. ni Alberto Calva Mercado se hacen responsables por las decisiones que se tomen con base en la información y

comentarios aquí presentados, ni por la exactitud de las cifras. Neither Acus Consulting. nor Alberto Calva are responsible for any decisions

made based on the information or comments here presented, neither fo r the accuracy of the figures.

7 de enero de 2011

Estos son los comentarios a las tablas adjuntas de

nuestra síntesis correspondiente al mes de enero de

2011 sobre “Expectativas Económicas para

México”. Acus Consultores ha estado preparando

este informe por casi dieciseis años. Esta síntesis

mensual se distribuye en forma gratuita para nuestros

clientes y amigos. Está llegando a cerca de quince

mil personas hoy en día.

La información presentada corresponde a la

encuesta mensual que elabora el Banco de México

entre 29 instituciones privadas. La encuesta se

realizó del 7 al 15 de diciembre de 2010.

a) Estimaciones para 2010 a 2012 (página 7). La

estimación de inflación para el año 2011 es de

3.82% (3.77% el mes pasado) y para el año 2012

es de 3.78% (3.75% el mes pasado). La estimación

para el tipo de cambio es de 12.53 para el cierre de

2011 (12.55 el mes pasado) y 12.75 para el cierre

de 2012.

La estimación para la tasa de Cetes para el cierre de

2011 es de 4.70% (4.73% el mes pasado) y 5.82%

para el cierre de 2012. Por último, la tasa de

crecimiento del producto interno bruto (PIB)

estimada para el año 2010 es de 5.08% (5.03% el

mes pasado), 3.59% para 2011 (3.46% el mes

pasado) y 4.04% para 2012 (4.01% el mes

pasado).

La tasa estimada para el crecimiento del PIB de los

Estados Unidos para el año de 2010 es 2.8% (2.7%

el mes pasado) y 2.7% para 2011 (2.5% el mes

pasado).

January 7, 2011

These are the comments to the charts of the report

for January 2011 titled “Economic Forecasts for

Mexico”. Acus Consulting has been preparing this

report for almost sixteen years. We send this report

free of any charge every month to clients and friends.

We are reaching today close to fifteen thousand

persons.

The information presented is based on Banco de

Mexico’s (Mexico’s central bank) monthly survey

amongst 29 private firms. The survey took place

from December 7 to 15, 2010.

a) Forecasts for 2010 to 2012 (page 13). The

inflation rate forecasted for this year 2011 is 3.82%

(3.77% last month) and 3.78% for year 2012

(3.75% last month). Concerning the exchange rate,

the forecast is 12.53 for year end 2011 (12.55 last

month) and 12.75 for year end 2012.

The forecast for Cetes (the Mexican government

treasury bill) interest rate for the close of 2011 is

4.70% (4.73% last month) and 5.82% for the close

of 2012. At last, the expected growth rate for the

gross domestic product (GDP) for the year 2010 is

5.08% (5.03% last month), 3.59% for 2011 (3.46%

last month) and 4.04% for 2012 (4.01% last

month).

The forecasted US GDP growth rate for year 2010

is 2.8% (2.7% last month) and 2.7% for 2011

(2.5% last month).

Año 16, Número 01 EXPECTATIVAS ECONÓMICAS PARA MÉXICO 7 de enero de 2011

Year 16, Number 01 ECONOMIC FORECASTS FOR MEXICO January 7, 2011

Acus Consultores Alberto Calva Acus Consulting

www.AcusConsultores.com.mx 3 de/of 18 www.AcusConsulting.com

Ni Acus Consultores, S.C. ni Alberto Calva Mercado se hacen responsables por las decisiones que se tomen con base en la información y

comentarios aquí presentados, ni por la exactitud de las cifras. Neither Acus Consulting. nor Alberto Calva are responsible for any decisions

made based on the information or comments here presented, neither fo r the accuracy of the figures.

En esta misma página 7 se presenta información

sobre las expectativas para la balanza comercial, el

saldo en cuenta corriente, la inversión extranjera

directa y el precio promedio para mezcla de

exportación del petróleo mexicano. En este último

caso, el precio promedio para 2011 de la mezcla de

exportación del petróleo mexicano se estima en

74.14 dólares por barril.

b) Mercados de futuros (página 8). En esta página

se puede apreciar información acerca de los

mercados de futuros. Para la paridad peso-dólar se

opera un tipo de cambio en promedio de 12.78 para

diciembre de 2011 (13.21 hace tres meses y 14.36

hace un año), 13.34 para diciembre de 2012 (13.80

hace tres meses y 14.98 hace un año) y 13.84 para

diciembre de 2013 (14.53 hace tres meses).

En esta página también se puede ver información

sobre los futuros del MXN-EUR, del USD-EUR,

del USD-CAD, así como de las tasas para la TIIE,

de los Cetes y la Bolsa de Valores en México.

c) Cambio en las expectativas (página 9). Los

cambios en las expectativas con base en las

encuestas que se realizan cada mes implican que el

entorno es tan cambiante que no podemos basar

nuestra planeación en un escenario inicial fijo y

constante. Es importante mantener un monitoreo

constante sobre el cambio de tendencia de las

distintas variables. La planeación es un proceso

continuo y no un evento aislado que se da solo al

inicio o final del año. En esta página se puede ver la

evolución de los números en los últimos meses.

Por ejemplo, el estimado de inflación para 2010 era

In this same page 13 you can see information

regarding the forecasts for the commercial balance,

the current account, the foreign direct investment and

the average price for the Mexican petroleum’s

exportation mix. Regarding the average price in

2011 for the Mexican petroleum’s exportation mix

the forecast is 74.14 USD per barrel.

b) Future markets (page 14). In this page you can

see information regarding future markets for the

exchange rate. For the MXN-USD future market

the exchange rate has had an average quote at 12.78

for December 2011 (13.21 three months ago and

14.36 a year ago), 13.34 for December 2012

(13.80 three months ago and 14.98 a year ago) and

13.84 for December 2013 (14.53 three months

ago).

In this page you can also see information regarding

the future rate for the MXN-EUR the USD-EUR,

the USD-CAD, as well as the rates for the Mexican

TIIE, Cetes and the Mexican Stock Exchange.

c) Trends in the forecasts (page 15). The changes in

the forecasted figures based on the monthly surveys

mean that the environment is constantly changing and

that we cannot base our planning process on a

constant scenario. It is necessary to permanently

monitor the changing trends of the different

economic variables. Planning is a non-stop process

and not a one-time event at the beginning or end of

each year. In this page we can the change in the

figures for the last months.

For example, the forecast for the inflation rate for

Año 16, Número 01 EXPECTATIVAS ECONÓMICAS PARA MÉXICO 7 de enero de 2011

Year 16, Number 01 ECONOMIC FORECASTS FOR MEXICO January 7, 2011

Acus Consultores Alberto Calva Acus Consulting

www.AcusConsultores.com.mx 4 de/of 18 www.AcusConsulting.com

Ni Acus Consultores, S.C. ni Alberto Calva Mercado se hacen responsables por las decisiones que se tomen con base en la información y

comentarios aquí presentados, ni por la exactitud de las cifras. Neither Acus Consulting. nor Alberto Calva are responsible for any decisions

made based on the information or comments here presented, neither fo r the accuracy of the figures.

3.96% en diciembe de 2008 y la inflación real

observada para 2010 fue de 4.40%. El estimado de

tipo de cambio para el cierre de 2010 llego a ser

14.01 en febrero de 2009 y el cierre real en

diciembre de 2010 fue 12.36. El estimado de

crecimiento del PIB para 2009 era 3.31% en mayo

de 2008, -0.11% en diciembre de 2008 y el dato

real fue -6.1%. Para 2010 el crecimiento esperado

del PIB llegó a ser 1.62% en marzo de 2009 y

ahora, en el mes de diciembre de 2010 es 5.08%.

d) Clima de negocios (página 10). En este mes, el

43% (36% hace un mes y 67% hace un año) opina

que mejorará la situación en los próximos seis

meses. El 54% (61% hace un mes y 22% hace un

año) opina que permanecerá igual. El 4% (4% hace

un mes y 11% hace un año) de los encuestados

opina que la situación en los próximos seis meses

con respecto a los seis meses anteriores empeorará.

El momento más pesimista se vio en noviembre y

diciembre de 2008 cuando el 87% opinaba que la

situación empeoraría. Por el contrario, el periodo

más optimista se dio de febrero a abril de 2010,

siendo más conservador el pronóstico del clima de

negocios en las encuestas de agosto a octubre.

e) Indicadores de confianza (página 11). El

escenario sobre indicadores de confianza actuales y

futuros de la situación económica de México está

como sigue. El 96% opina que la economía

mexicana esta mejor que hace un año (93% el mes

pasado y 91% hace tres meses). El 79% opina que

la evolución económica del país para los siguientes

seis meses será favorable (79% el mes pasado y

53% hace tres meses). El 79% opina que habrá un

aumento en el empleo formal (75% el mes pasado y

2010 was 3.96% in December 2008 the real figure

for 2010 was 4.40%. The forecast for the exchange

rate for the close of 2010 was 14.01 in February

2009 and the real closing figure for December 2010

was 12.36. The forecasted growth rate for the GDP

for 2009 was 3.31% in May 2008, -0.11% in

December 2008 and the actual figure for the year

2009 was -6.1%. For 2010 the forecast for the

GDP growth rate went to a minimum of 1.62% in

March 2009 and now, in December 2010, the

forecast is 5.08%.

d) Business climate (page 16). In this month’s

survey, 43% (36% a month ago and 67% a year

ago) believe that the situation over the next six

months will be better. Meanwhile, 54% (61% a

month ago and 22% a year ago) believe it will

remain the same. This month 4% (4% a month ago

and 11% a year ago) believe that the situation in the

next six months compared with that in the previous

six months will be worse. The most pessimistic

moment was in November and December 2008

when 87% believed that the situation would be

worse. On the other side, the most optimistic period

was in the period February to April 2010. In the

surveys of August to October the forecast for the

business climate is less optimistic.

e) Confidence levels (page 17). The answers

regarding the levels of trust on the present and future

economic situation in Mexico are as follows. 96%

expressed that the Mexican economy is better than a

year ago (93% last month and 91% three months

ago) believe this. 79% expressed that the Mexican

economic evolution will be favorable in the next six

months (79% last month and 53% three months

ago). 79% expressed that there will be an increase

on the employment (75% last month and 66% three

Año 16, Número 01 EXPECTATIVAS ECONÓMICAS PARA MÉXICO 7 de enero de 2011

Year 16, Number 01 ECONOMIC FORECASTS FOR MEXICO January 7, 2011

Acus Consultores Alberto Calva Acus Consulting

www.AcusConsultores.com.mx 5 de/of 18 www.AcusConsulting.com

Ni Acus Consultores, S.C. ni Alberto Calva Mercado se hacen responsables por las decisiones que se tomen con base en la información y

comentarios aquí presentados, ni por la exactitud de las cifras. Neither Acus Consulting. nor Alberto Calva are responsible for any decisions

made based on the information or comments here presented, neither fo r the accuracy of the figures.

66% tres meses). Por último, el 46% opina que es

un buen momento para invertir (33% el mes pasado

y 22% hace tres meses).

f) Factores que pueden limitar la recuperación

económica (página 12). Por último se muestran los

factores que se estima podrían limitar la

recuperación económica en México. Los factores

externos han tenido distinto peso en los últimos

meses. En este mes de diciembre de 2010, se

considera que el 32% son factores externos. Es

decir, los factores domésticos representan el 68%.

Este mes los factores más importantes son la

debilidad mercado externo y de la economía mundial

(ext) (21%, 19% el mes pasado), problemas de

inseguridad pública (dom) (21%, 19% el mes

pasado), la ausencia de reformas estructurales

(dom) (19%, 20% el mes pasado), debilidad del

mercado interno (dom) (12%, 10% el mes pasado),

la inestabilidad financiera internacional (ext) (11%,

17% el mes pasado) y la incertidumbre en la

situación económica interna (dom) (4%, 3% el mes

pasado). Estos seis primeros factores, cuatro

domésticos y dos externos, representan el 88% del

total de factores que podrían limitar el ritmo de

recuperación de la actividad económica.

Esperamos que esta información les sea útil.

Nosotros, en Acus Consultores, continuamos con

nuestro trabajo de asesoría en finanzas corporativas

y estrategia. Nuestra área de educación continua

desarrolla e imparte seminarios ejecutivos sobre

estas mismas áreas de especialidad.

Saludos.

months ago). At last, 46% expressed that it is a

good time for investment (33% last month and 22%

three months ago).

f) Factors that could limit the economic recovery

(page 18). At last, the factors that are perceived that

could limit the Mexican economic recovery are here

presented. The external factors have had different

weight in the last months. This month of December

2010 the external factors represent 32% of the total.

Therefore, domestic factors represent 68% of the

weight this month.

This month the most important factors are foreign

markets and world economy weakness (ext) (21%,

19% last month), public insecurity problems (dom)

(21%, 19% last month), the lack of structural

reforms (dom) (19%, 20% last month), domestic

market weakness (dom) (12%, 10% last month), the

international financial instability (ext) (11%, 17% last

month), and the uncertainty on domestic economic

situation (dom) (4%, 3% last month). These first six

factors, four of them domestic and two external,

represent a weight of 88% of all the factors that

could limit the recovery rate of the economic activity.

We hope this information can be useful for you. We,

at Acus Consulting, keep working in our consulting

practice in corporate finance and strategy. We also

continue offering our continuous education classes

and executive seminars in these same fields of

expertise.

Regards.

Año 16, Número 01 EXPECTATIVAS ECONÓMICAS PARA MÉXICO 7 de enero de 2011

Year 16, Number 01 ECONOMIC FORECASTS FOR MEXICO January 7, 2011

Acus Consultores Alberto Calva Acus Consulting

www.AcusConsultores.com.mx 6 de/of 18 www.AcusConsulting.com

Ni Acus Consultores, S.C. ni Alberto Calva Mercado se hacen responsables por las decisiones que se tomen con base en la información y

comentarios aquí presentados, ni por la exactitud de las cifras. Neither Acus Consulting. nor Alberto Calva are responsible for any decisions

made based on the information or comments here presented, neither fo r the accuracy of the figures.

Alberto Calva

Acus Consultores

www.AcusConsultores.com.mx

acalva@acus.com.mx

Tel. México: (55)8421-8401

(55)4624-0238

Tel. Canadá: 416-824-1924

647-724-0625

Tel. EE.UU.: 646-233-3029

Nota: Si desea recibir esta información por correo

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exactitud de las cifras presentadas, ni por las decisiones

que se tomen con base en nuestros comentarios o la

información adjunta.

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esto.

Alberto Calva

Acus Consulting

www.AcusConsulting.com

acalva@acusconsulting.com

Tel. Canada: 416-824-1924

647-724-0625

Tel. Mexico: (55)8421-841

(55)4624-0238

Tel. USA.: 646-233-3029

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based on this information or based on our comments.

Reproduction and resending of this report: If you want to

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no profit is made from this.

Año 16, Número 01 EXPECTATIVAS ECONÓMICAS PARA MÉXICO 7 de enero de 2011

Year 16, Number 01 ECONOMIC FORECASTS FOR MEXICO January 7, 2011

Acus Consultores Alberto Calva Acus Consulting

www.AcusConsultores.com.mx 7 de/of 18 www.AcusConsulting.com

Ni Acus Consultores, S.C. ni Alberto Calva Mercado se hacen responsables por las decisiones que se tomen con base en la información y

comentarios aquí presentados, ni por la exactitud de las cifras. Neither Acus Consulting. nor Alberto Calva are responsible for any decisions

made based on the information or comments here presented, neither fo r the accuracy of the figures.

EXPECTATIVAS ECONOMICAS PARA MEXICO

Encuesta mensual de Banxico entre instituciones privadas

Periodo de la encuesta:

7 al 15 de diciembre de 2010

Promedio

este mes

Promedio

mes anterior

Promedio hace

dos meses

Inflación (2011)

(2012)

3.82%

3.78%

3.77%

3.75%

3.73%

3.78%

Tipo de cambio (cierre 2011)

(cierre 2012)

12.53

12.75

12.55

N/D

12.69

N/D

Cetes 28 días (cierre 2011)

(cierre 2012)

4.70%

5.82%

4.73%

N/D

5.06%

N/D

TIIE (tasa interbancaria) (cierre 2011)

(cierre 2012)

4.77%

5.82%

4.75%

N/D

5.01%

N/D

PIB México (tasa de crecimiento) (2010)

(2011)

(2012)

5.08%

3.59%

4.04%

5.03%

3.46%

4.01%

4.75%

3.52%

4.06%

PIB EE.UU. (tasa de crecimiento) (2010)

(2011)

2.8%

2.7%

2.7%

2.5%

2.7%

2.5%

Incremento salarial anual (esperado este mes)

(para próximo mes)

4.47%

4.49%

4.52%

4.37%

4.53%

3.62%

Déficit balanza comercial (2010)

(millones de USD) (2011)

5,285

9,980

5,213

10,964

5,750

11,606

Déficit cuenta corriente (2010)

(millones de USD) (2011)

6,839

12,751

7,276

12,427

7,314

13,021

Flujo de inversión extranjera directa (2010)

(millones de USD) (2011)

18,391

19,808

18,711

19,478

18,857

19,913

Precio promedio petróleo mezcla de exportación

(USD por barril) promedio año 2011

promedio primer trimestre 2011

promedio segundo trimestre 2011

74.14

74.42

74.24

N/D

N/D

N/D

N/D

N/D

N/D

Año 16, Número 01 EXPECTATIVAS ECONÓMICAS PARA MÉXICO 7 de enero de 2011

Year 16, Number 01 ECONOMIC FORECASTS FOR MEXICO January 7, 2011

Acus Consultores Alberto Calva Acus Consulting

www.AcusConsultores.com.mx 8 de/of 18 www.AcusConsulting.com

Ni Acus Consultores, S.C. ni Alberto Calva Mercado se hacen responsables por las decisiones que se tomen con base en la información y

comentarios aquí presentados, ni por la exactitud de las cifras. Neither Acus Consulting. nor Alberto Calva are responsible for any decisions

made based on the information or comments here presented, neither fo r the accuracy of the figures.

EXPECTATIVAS ECONOMICAS PARA MEXICO

Mercados de futuros

(al 31 de diciembre de 2010)

Jun. 2011 Dic. 2011 Jun. 2012 Dic. 2012 Dic. 2013

MXN-USD Chicago 12.54 12.77 13.03 N/D N/D

MXN-USD MexDer 12.52 12.79 13.07 13.34 13.84

MXN-EUR MexDer 16.79 17.10 N/D N/D N/D

USD-EUR Chicago 1.332 1.335 1.334 N/D N/D

USD-CAD Chicago 1.002 0.996 0.991 N/D N/D

TIIE 28 días MexDer 4.98% 5.52% 5.78% 6.26% 7.33%

Cetes 91 días MexDer 4.78% 5.00% 5.61% 6.81% 7.22%

Bolsa Mexicana de

Valores MexDer (índice

en puntos)

39,045 N/D N/D N/D N/D

Bolsa Mexicana de

Valores MexDer

(incremento %)

1.28%

versus

dic.2010

N/D N/D N/D N/D

Chicago: Chicago Mercantile Exchange

MexDer: Mercado Mexicano de Derivados,

Peso: Peso mexicano

USD: Dólar de los EE.UU.

CAD: Dólar canadiense

EUR: Euro

TIIE: Tasa de interés interbancaria de equilibrio en México

Cetes: Certificados de la Tesorería de la Federación en México

IPC de la BMV: Indice de Precios y Cotizaciones de la Bolsa Mexicana de Valores

Año 16, Número 01 EXPECTATIVAS ECONÓMICAS PARA MÉXICO 7 de enero de 2011

Year 16, Number 01 ECONOMIC FORECASTS FOR MEXICO January 7, 2011

Acus Consultores Alberto Calva Acus Consulting

www.AcusConsultores.com.mx 9 de/of 18 www.AcusConsulting.com

Ni Acus Consultores, S.C. ni Alberto Calva Mercado se hacen responsables por las decisiones que se tomen con base en la información y

comentarios aquí presentados, ni por la exactitud de las cifras. Neither Acus Consulting. nor Alberto Calva are responsible for any decisions

made based on the information or comments here presented, neither fo r the accuracy of the figures.

EXPECTATIVAS ECONOMICAS PARA MEXICO

Evolución en los resultados de las encuestas de Banco de México

entre instituciones privadas: cambios de expectativas

Encuesta

efectuada

en el mes

de:

Inflación

2010

Inflación

2011

Tipo de

cambio

cierre

2009

Tipo de

cambio

cierre

2010

Cetes 28

días

cierre

2010

Crecimiento

del PIB

2009

Crecimiento

del PIB

2010

Ene. 2009 3.74% 3.52% 13.50 13.61 6.69% -1.16% 2.08%

Feb. 2009 3.76% 3.57% 14.10 14.01 6.57% -1.92% 2.00%

Mar. 2009 3.78% 3.59% 14.25 13.99 6.10% -3.32% 1.62%

Abr. 2009 3.80% 3.68% 13.65 13.64 5.88% -4.02% 1.68%

May. 2009 3.82% 3.70% 13.45 13.35 5.61% -5.82% 2.09%

Jun. 2009 3.86% 3.70% 13.47 13.47 5.30% -6.31% 2.05%

Jul. 2009 3.90% 3.68% 13.48 13.42 5.24% -6.93% 2.54%

Ago. 2009 4.01% 3.75% 13.22 13.33 5.38% -7.19% 2.85%

Sep. 2009 4.28% 3.83% 13.37 13.42 5.43% -7.18% 2.82%

Oct. 2009 4.54% 3.86% 13.31 13.29 5.61% -7.15% 2.94%

Nov. 2009 4.86% 4.04% 13.16 13.22 5.68% -7.02% 2.93%

Dic. 2009 5.04% 3.98% N/A 13.04 5.52% -7.03% 3.12%

Ene. 2010 4.93% 3.91% N/A 12.97 5.46% -6.93% 3.28%

Feb. 2010 5.21% 3.89% N/A 13.04 5.29% N/A 3.87%

Mar. 2010 5.28% 3.97% N/A 12.70 5.20% N/A 4.08%

Abr. 2010 5.19% 3.98% N/A 12.45 5.00% N/A 4.18%

May. 2010 4.94% 3.95% N/A 12.48 4.78% N/A 4.31%

Jun. 2010 4.66% 3.92% N/A 12.50 4.74% N/A 4.37%

Jul. 2010 4.59% 3.90% N/A 12.57 4.61% N/A 4.52%

Ago. 2010 4.43% 3.82% N/A 12.66 4.58% N/A 4.62%

Sep. 2010 4.33% 3.84% N/A 12.66 4.56% N/A 4.62%

Oct. 2010 4.30% 3.73% N/A 12.53 4.41% N/A 4.75%

Nov. 2010 4.38% 3.77% N/A 12.37 4.30% N/A 5.03%

Dic. 2010 4.40% 3.82% N/A N/A N/A N/A 5.08%

Dato real 4.40% N/A 13.08 12.36 4.30% -6.5% N/A

Nota: “N/A” implica que no se publicó encuesta en ese mes.

Año 16, Número 01 EXPECTATIVAS ECONÓMICAS PARA MÉXICO 7 de enero de 2011

Year 16, Number 01 ECONOMIC FORECASTS FOR MEXICO January 7, 2011

Acus Consultores Alberto Calva Acus Consulting

www.AcusConsultores.com.mx 10 de/of 18 www.AcusConsulting.com

Ni Acus Consultores, S.C. ni Alberto Calva Mercado se hacen responsables por las decisiones que se tomen con base en la información y

comentarios aquí presentados, ni por la exactitud de las cifras. Neither Acus Consulting. nor Alberto Calva are responsible for any decisions

made based on the information or comments here presented, neither fo r the accuracy of the figures.

EXPECTATIVAS PARA EL CLIMA DE LOS NEGOCIOS

Expectativas para el clima de negocios que prevalecerá durante los

próximos seis meses con relación a los seis meses anteriores

Encuesta mensual de Banxico entre instituciones privadas

(Distribución de las respuestas)

Encuesta efectuada en el

mes de:

Mejorará Permanecerá igual Empeorará

Abril 2009 10% 30% 60%

Mayo 2009 16% 48% 36%

Junio 2009 33% 50% 17%

Julio 2009 41% 50% 9%

Agosto 2009 63% 28% 9%

Septiembre 2009 74% 26% 0%

Octubre 2009 57% 32% 11%

Noviembre 2009 65% 28% 7%

Diciembre 2009 67% 22% 11%

Enero 2010 71% 29% 0%

Febrero 2010 83% 17% 0%

Marzo 2010 81% 19% 0%

Abril 2010 83% 17% 0%

Mayo 2010 71% 21% 7%

Junio 2010 76% 21% 3%

Julio 2010 48% 42% 10%

Agosto 2010 17% 60% 23%

Septiembre 2010 25% 50% 25%

Octubre 2010 30% 47% 23%

Noviembre 2010 36% 61% 4%

Diciembre 2010 43% 54% 4%

***

Promedio 2008 9% 32% 59%

Promedio 2009 37% 30% 33%

Promedio 2010 ene-dic 55% 37% 8%

Año 16, Número 01 EXPECTATIVAS ECONÓMICAS PARA MÉXICO 7 de enero de 2011

Year 16, Number 01 ECONOMIC FORECASTS FOR MEXICO January 7, 2011

Acus Consultores Alberto Calva Acus Consulting

www.AcusConsultores.com.mx 11 de/of 18 www.AcusConsulting.com

Ni Acus Consultores, S.C. ni Alberto Calva Mercado se hacen responsables por las decisiones que se tomen con base en la información y

comentarios aquí presentados, ni por la exactitud de las cifras. Neither Acus Consulting. nor Alberto Calva are responsible for any decisions

made based on the information or comments here presented, neither fo r the accuracy of the figures.

EXPECTATIVAS PARA EL CLIMA DE LOS NEGOCIOS

Indicadores sobre el nivel de confianza en la

situación actual de la economía y en su futuro próximo

Encuesta mensual de Banxico entre instituciones privadas

(Distribución de las respuestas en la encuesta efectuada en el mes de:)

Prom.

2006

Prom.

2007

Prom.

2008

Prom.

2009

Prom.

2010

ene-dic

Sep.

2010

Oct.

2010

Nov.

2010

Dic.

2010

1. ¿Considera que

actualmente la economía

mexicana está mejor que

hace un año?

SI

NO

91%

9%

37%

63%

14%

86%

10%

90%

88%

12%

91%

9%

93%

7%

93%

7%

96%

4%

2. ¿Espera que la evolución

económica del país sea

favorable en los próximos

seis meses?

SI

NO

54%

46%

64%

36%

19%

81%

53%

47%

79%

21%

53%

47%

57%

43%

79%

21%

79%

21%

3. ¿Cómo espera que se

comporte el empleo formal

en el país en los próximos

seis meses?

Aumente

Permanezca igual

Disminuya

76%

19%

5%

67%

24%

9%

38%

23%

40%

13%

16%

71%

78%

19%

4%

66%

22%

12%

70%

20%

10%

75%

25%

0%

79%

21%

0%

4. ¿Cómo considera que sea

la coyuntura actual de las

empresas para invertir?

Buen momento

Mal momento

No está seguro

47%

10%

43%

44%

11%

45%

17%

39%

44%

15%

49%

37%

40%

12%

49%

22%

22%

56%

24%

17%

59%

33%

4%

63%

46%

8%

46%

Año 16, Número 01 EXPECTATIVAS ECONÓMICAS PARA MÉXICO 7 de enero de 2011

Year 16, Number 01 ECONOMIC FORECASTS FOR MEXICO January 7, 2011

Acus Consultores Alberto Calva Acus Consulting

www.AcusConsultores.com.mx 12 de/of 18 www.AcusConsulting.com

Ni Acus Consultores, S.C. ni Alberto Calva Mercado se hacen responsables por las decisiones que se tomen con base en la información y

comentarios aquí presentados, ni por la exactitud de las cifras. Neither Acus Consulting. nor Alberto Calva are responsible for any decisions

made based on the information or comments here presented, neither fo r the accuracy of the figures.

EXPECTATIVAS ECONOMICAS PARA MEXICO

Factores que en los próximos meses podrían limitar

el ritmo de la recuperación de la actividad económica

Encuesta mensual de Banxico entre instituciones privadas

(Distribución de las respuestas en la encuesta efectuada en el mes de:)

Prom

2008

Prom

2009

Prom.

2010

ene-dic

Oct

2010

Nov

2010

Dic

2010

Factores externos:

Debilidad mdo. externo y de la econ. mundial 28 25 19 21 19 21

Inestabilidad financiera internacional 16 7 8 8 17 11

Los niveles de las tasas de interés externas 1 0 0 0 1 0

Contracción de la oferta de recursos del exterior 2 2 1 2 0 0

Precio de exportación del petróleo 3 2 0 2 0 0

Inestabilidad política internacional 0 0 0 0 0 0

Subtotal factores externos 50% 35% 29% 34% 37% 32%

Factores domésticos:

Problemas de inseguridad pública 5 6 15 17 19 21

Ausencia de reformas estructurales 16 18 22 21 20 19

Debilidad del mercado interno 3 12 14 12 10 12

Incertidumbre sobre situación económica interna 3 7 4 6 3 4

La política fiscal que se está instrumentando 2 6 6 3 5 2

Disponibilidad de financiamiento interno 1 2 3 2 2 2

Incertidumbre cambiaria --- 3 1 2 0 2

Elevado costo de financiamiento interno 1 2 1 1 1 1

La política monetaria que se está aplicando 3 1 1 1 1 1

Aumento en precios insumos y materias primas 4 0 0 0 1 1

Incertidumbre política interna 1 1 1 1 0 1

Presiones inflacionarias en el país 9 3 2 0 0 0

Aumento en los costos salariales 1 0 0 0 0 0

Lenta recuperación de los salarios reales 1 0 0 0 0 0

Escasez de mano de obra calificada 0 0 0 0 0 0

Otros 1 2 0 0 0 0

Subtotal factores domésticos 51% 64% 70% 66% 62% 66%

Total 100% 100% 100% 100% 100% 100%

Nota: Las sumas pueden no ser exactas por errores en el redondeo de los promedios

Año 16, Número 01 EXPECTATIVAS ECONÓMICAS PARA MÉXICO 7 de enero de 2011

Year 16, Number 01 ECONOMIC FORECASTS FOR MEXICO January 7, 2011

Acus Consultores Alberto Calva Acus Consulting

www.AcusConsultores.com.mx 13 de/of 18 www.AcusConsulting.com

Ni Acus Consultores, S.C. ni Alberto Calva Mercado se hacen responsables por las decisiones que se tomen con base en la información y

comentarios aquí presentados, ni por la exactitud de las cifras. Neither Acus Consulting. nor Alberto Calva are responsible for any decisions

made based on the information or comments here presented, neither fo r the accuracy of the figures.

ECONOMIC FORECASTS FOR MEXICO

Banxico’s monthly survey among private firms

Survey’s period:

December 7 to 15, 2010

This month’s

average

Last month’s

average

Average two

months ago

Inflation (2011)

(2012)

3.82%

3.78%

3.77%

3.75%

3.73%

3.78%

Exchange rate (close 2011)

(close 2012)

12.53

12.75

12.55

N/A

12.69

N/A

Cetes 28 days (close 2011)

(close 2012)

4.70%

5.82%

4.73%

N/A

5.06%

N/A

TIIE (interbank rate) (close 2011)

(close 2012)

4.77%

5.82%

4.75%

N/A

5.01%

N/A

GDP Mexico (growth rate) (2010)

(2011)

(2012)

5.08%

3.59%

4.04%

5.03%

3.46%

4.01%

4.75%

3.52%

4.06%

GDP U.S.A. (growth rate) (2010)

(2011)

2.8%

2.7%

2.7%

2.5%

2.7%

2.5%

Wages annual increase (expected this month)

(expected next month)

4.47%

4.49%

4.52%

4.37%

4.53%

3.62%

Trade balance deficit (2010)

(millions of USD) (2011)

5,285

9,980

5,213

10,964

5,750

11,606

Current account deficit (2010)

(millions of USD) (2011)

6,839

12,751

7,276

12,427

7,314

13,021

Foreign direct investment flow (2010)

(millions of USD) (2011)

18,391

19,808

18,711

19,478

18,857

19,913

Average oil price for the Mexican export mix

(USD per barrel) average year 2011

average first quarter 2011

average second quarter 2011

74.14

74.42

74.24

N/A

N/A

N/A

N/A

N/A

N/A

Año 16, Número 01 EXPECTATIVAS ECONÓMICAS PARA MÉXICO 7 de enero de 2011

Year 16, Number 01 ECONOMIC FORECASTS FOR MEXICO January 7, 2011

Acus Consultores Alberto Calva Acus Consulting

www.AcusConsultores.com.mx 14 de/of 18 www.AcusConsulting.com

Ni Acus Consultores, S.C. ni Alberto Calva Mercado se hacen responsables por las decisiones que se tomen con base en la información y

comentarios aquí presentados, ni por la exactitud de las cifras. Neither Acus Consulting. nor Alberto Calva are responsible for any decisions

made based on the information or comments here presented, neither fo r the accuracy of the figures.

ECONOMIC FORECASTS FOR MEXICO

Future markets

(as of December 31, 2010)

June 2011 Dec. 2011 June 2012 Dec. 2012 Dec. 2013

MXN-USD Chicago 12.54 12.77 13.03 N/A N/A

MXN-USD MexDer 12.52 12.79 13.07 13.34 13.84

MXN-EUR MexDer 16.79 17.10 N/A N/A N/A

USD-EUR Chicago 1.332 1.335 1.334 N/A N/A

USD-CAD Chicago 1.002 0.996 0.991 N/A N/A

TIIE 28 days MexDer 4.98% 5.52% 5.78% 6.26% 7.33%

Cetes 91 days MexDer 4.78% 5.00% 5.61% 6.81% 7.22%

Mexican Stock

Exchange MexDer

(index)

39,045 N/A N/A N/A N/A

Mexican Stock

Exchange MexDer

(% increase)

1.28%

versus

Dec.2010

N/A N/A N/A N/A

Chicago: Chicago Mercantile Exchange

MexDer: Mercado Mexicano de Derivados (Mexican Derivatives Market),

MXN: Mexican Peso

USD: US Dollar

CAD: Canadian Dollar

EUR: Euro

TIIE: Mexican interbank rate

Cetes: Mexican treasury bills

Año 16, Número 01 EXPECTATIVAS ECONÓMICAS PARA MÉXICO 7 de enero de 2011

Year 16, Number 01 ECONOMIC FORECASTS FOR MEXICO January 7, 2011

Acus Consultores Alberto Calva Acus Consulting

www.AcusConsultores.com.mx 15 de/of 18 www.AcusConsulting.com

Ni Acus Consultores, S.C. ni Alberto Calva Mercado se hacen responsables por las decisiones que se tomen con base en la información y

comentarios aquí presentados, ni por la exactitud de las cifras. Neither Acus Consulting. nor Alberto Calva are responsible for any decisions

made based on the information or comments here presented, neither fo r the accuracy of the figures.

ECONOMIC FORECASTS FOR MEXICO

Banxico’s monthly survey among private firms

Forecasts change in the last months

Survey

made in the

month of:

Inflation

2010

Inflation

2011

Exchange

rate

close of

2009

Exchange

rate

close of

2010

Cetes 28

days

close of

2010

GDP

growth rate

2009

GDP

growth rate

2010

Jan. 2009 3.74% 3.52% 13.50 13.61 6.69% -1.16% 2.08%

Feb. 2009 3.76% 3.57% 14.10 14.01 6.57% -1.92% 2.00%

Mar. 2009 3.78% 3.59% 14.25 13.99 6.10% -3.32% 1.62%

Apr. 2009 3.80% 3.68% 13.65 13.64 5.88% -4.02% 1.68%

May 2009 3.82% 3.70% 13.45 13.35 5.61% -5.82% 2.09%

June 2009 3.86% 3.70% 13.47 13.47 5.30% -6.31% 2.05%

July 2009 3.90% 3.68% 13.48 13.42 5.24% -6.93% 2.54%

Aug. 2009 4.01% 3.75% 13.22 13.33 5.38% -7.19% 2.85%

Sep. 2009 4.28% 3.83% 13.37 13.42 5.43% -7.18% 2.82%

Oct. 2009 4.54% 3.86% 13.31 13.29 5.61% -7.15% 2.94%

Nov. 2009 4.86% 4.04% 13.16 13.22 5.68% -7.02% 2.93%

Dec. 2009 5.04% 3.98% N/A 13.04 5.52% -7.03% 3.12%

Jan. 2010 4.93% 3.91% N/A 12.97 5.46% -6.93% 3.28%

Feb. 2010 5.21% 3.89% N/A 13.04 5.29% N/A 3.87%

Mar. 2010 5.28% 3.97% N/A 12.70 5.20% N/A 4.08%

Apr. 2010 5.19% 3.98% N/A 12.45 5.00% N/A 4.18%

May 2010 4.94% 3.95% N/A 12.48 4.78% N/A 4.31%

June 2010 4.66% 3.92% N/A 12.50 4.74% N/A 4.37%

July 2010 4.59% 3.90% N/A 12.57 4.61% N/A 4.52%

Aug. 2010 4.43% 3.82% N/A 12.66 4.58% N/A 4.62%

Sep. 2010 4.33% 3.84% N/A 12.66 4.56% N/A 4.62%

Oct. 2010 4.30% 3.73% N/A 12.53 4.41% N/A 4.75%

Nov. 2010 4.38% 3.77% N/A 12.37 4.30% N/A 5.03%

Dec. 2010 4.40% 3.82% N/A N/A N/A N/A 5.08%

Actual

figure

N/A N/A 13.08 12.36 4.30% -6.5% N/A

Note: “N/A” means there was no survey published that month.

Año 16, Número 01 EXPECTATIVAS ECONÓMICAS PARA MÉXICO 7 de enero de 2011

Year 16, Number 01 ECONOMIC FORECASTS FOR MEXICO January 7, 2011

Acus Consultores Alberto Calva Acus Consulting

www.AcusConsultores.com.mx 16 de/of 18 www.AcusConsulting.com

Ni Acus Consultores, S.C. ni Alberto Calva Mercado se hacen responsables por las decisiones que se tomen con base en la información y

comentarios aquí presentados, ni por la exactitud de las cifras. Neither Acus Consulting. nor Alberto Calva are responsible for any decisions

made based on the information or comments here presented, neither fo r the accuracy of the figures.

FORECASTS FOR THE BUSINESS CLIMATE

Forecasts for the business climate that is expected for the next six

months compared with the six previous last months

Banxico’s monthly survey among private firms

(Answers distribution)

Survey made in

the month of:

Situation will improve

Situation will remain

more or less the same

Situation will be worse

April 2009 10% 30% 60%

May 2009 16% 48% 36%

June 2009 33% 50% 17%

July 2009 41% 50% 9%

August 2009 63% 28% 9%

September 2009 74% 26% 0%

October 2009 57% 32% 11%

November 2009 65% 28% 7%

December 2009 67% 22% 11%

January 2010 71% 29% 0%

February 2010 83% 17% 0%

March 2010 81% 19% 0%

April 2010 83% 17% 0%

May 2010 71% 21% 7%

June 2010 76% 21% 3%

July 2010 48% 42% 10%

August 2010 17% 60% 23%

September 2010 25% 50% 25%

October 2010 30% 47% 23%

November 2010 36% 61% 4%

December 2010 43% 54% 4%

***

Average 2008 9% 32% 59%

Average 2009 37% 30% 33%

Average 2010 Jan-Dec 55% 37% 8%

Año 16, Número 01 EXPECTATIVAS ECONÓMICAS PARA MÉXICO 7 de enero de 2011

Year 16, Number 01 ECONOMIC FORECASTS FOR MEXICO January 7, 2011

Acus Consultores Alberto Calva Acus Consulting

www.AcusConsultores.com.mx 17 de/of 18 www.AcusConsulting.com

Ni Acus Consultores, S.C. ni Alberto Calva Mercado se hacen responsables por las decisiones que se tomen con base en la información y

comentarios aquí presentados, ni por la exactitud de las cifras. Neither Acus Consulting. nor Alberto Calva are responsible for any decisions

made based on the information or comments here presented, neither fo r the accuracy of the figures.

FORECASTS FOR THE BUSINESS CLIMATE

Confidence level indicators over the

economy’s present situation and close future

Banxico monthly survey among private firms

(Answers distribution for the survey made in the month of:)

Avge

2006

Avge

2007

Avge

2008

Avge.

2009

Avge.

2010

Jan-

Dec

Sep.

2010

Oct.

2010

Nov.

2010

Dec.

2010

1. Do you consider that the

Mexican economy is today

better than a year ago?

YES

NO

91%

9%

37%

63%

14%

86%

10%

90%

88%

12%

91%

9%

93%

7%

93%

7%

96%

4%

2. Do you expect that the

evolution for the Mexican

economy will be favorable in

the next six months?

YES

NO

54%

46%

64%

36%

19%

81%

53%

47%

79%

21%

53%

47%

57%

43%

79%

21%

79%

21%

3. How do you expect is

going to be the

employment’s behavior in

the next six months?

It will increase

Will remain the same

It will decrease

76%

19%

5%

67%

24%

9%

38%

23%

40%

13%

16%

71%

78%

19%

4%

66%

22%

12%

70%

20%

10%

75%

25%

0%

79%

21%

0%

4. How do you consider the

present time for businesses

to invest?

A good moment

A bad moment

Not sure

47%

10%

43%

44%

11%

45%

17%

39%

44%

15%

49%

37%

40%

12%

49%

22%

22%

56%

24%

17%

59%

33%

4%

63%

46%

8%

46%

Año 16, Número 01 EXPECTATIVAS ECONÓMICAS PARA MÉXICO 7 de enero de 2011

Year 16, Number 01 ECONOMIC FORECASTS FOR MEXICO January 7, 2011

Acus Consultores Alberto Calva Acus Consulting

www.AcusConsultores.com.mx 18 de/of 18 www.AcusConsulting.com

Ni Acus Consultores, S.C. ni Alberto Calva Mercado se hacen responsables por las decisiones que se tomen con base en la información y

comentarios aquí presentados, ni por la exactitud de las cifras. Neither Acus Consulting. nor Alberto Calva are responsible for any decisions

made based on the information or comments here presented, neither fo r the accuracy of the figures.

ECONOMIC FORECASTS FOR MEXICO

Factors that could limit the

Economic activity recovery in the next months

Banxico’s monthly survey among private firms

(Answers distribution for the survey made in the month of:)

Avge

2008

Avge.

2009

Avge.

2010

Jan-

Dec

Oct.

2010

Nov.

2010

Dec.

2010

External factors:

Foreign markets and world economy weakness 28 25 19 21 19 21

International financial instability 16 7 8 8 17 11

Foreign interest rate levels 1 0 0 0 1 0

Contraction of foreign resources supply 2 2 1 2 0 0

Export oil price 3 2 0 2 0 0

International political instability 0 0 0 0 0 0

Subtotal external factors 50% 35% 29% 34% 37% 32%

Domestic factors:

Public insecurity problems 5 6 15 17 19 21

Lack of structural reforms 16 18 22 21 20 19

Domestic market weakness 3 12 14 12 10 12

Uncertainty on domestic economic situation 3 7 4 6 3 4

The tax policy being instrumented 2 6 6 3 5 2

Availability of domestic credit 1 2 3 2 2 2

Exchange rate uncertainty --- 3 1 2 0 2

High cost of domestic credit 1 2 1 1 1 1

The monetary policy in use 3 1 1 1 1 1

Increase in prices of raw materials and supplies 4 0 0 0 1 1

Domestic political uncertainty 1 1 1 1 0 1

Domestic inflation pressure 9 3 2 0 0 0

Increase in the cost of wages 1 0 0 0 0 0

Real wages low recovery 1 0 0 0 0 0

Scarcity of qualified labor 0 0 0 0 0 0

Others 1 2 0 0 0 0

Subtotal domestic factors 51% 64% 70% 66% 62% 66%

Total 100% 100% 100% 100% 100% 100%

Totals may not add exactly 100% because of the average rounding.
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