December 2009
Happy holidays from mexbiznews
Submitted by mexbiznews on Mon, 12/21/2009 - 4:04ammexbiznews is taking the holidays off. We will resume publication on Jan. 4.
Happy holidays from mexbiznews.com
mexbiznews is taking off the holidays. We will resume publication on Jan. 4.
Penoles plans to merge some of its subsidiaries
CNNExpansion - Industrias Penoles, one of the largest silver producers in the world, reported that it will revise its corporate structure beginning Dec. 21 with a process of merging some of its subsidiaries. All subsidiaries involved in the mergers are 100 percent owned by Penoles so there will be no significant impact on finances and operations.
www.cnnexpansion.com/negocios/2009/12/18/penoles-se-reestructura-por-fusiones
Pemex board changes company's internal structure
CNNExpansion - The Board of Directors of Petroleos Mexicanos (Pemex) Friday approved fundamental changes in the internal structure of the company, including elimination of the Corporate Engineering and Development Projects (DCIDP) division.
www.cnnexpansion.com/negocios/2009/12/18/pemex-cambia-su-estructura-interna
Fonatur might tap Bolsa for funds for tourism projects
El Semanario - The National Fund for Tourism Development (Fonatur) said it has 27 projects waiting for approval, which it hopes to accelerate as private financing becomes available, some of which might be made available by listings on the Bolsa.
America Movil plans to invest $3.5 billion in 2010
El Semanario - America Movil plans to invest $3.5 billion in 2010, of which $1.1 billion will be invested in Brazil - a figure higher than last year - and 850 million will be invested in Mexico, about the same about as last year.
Mexico City hotels income down $3 billion over the year
El Financiero - Mexico City's hotels are expected to close the year with a loss of $3 billion, 10 percent less than in the previous year, because of the economic crisis and influenza outbreak, said Rafael Garcia Gonzales, oresident of the Mexico City Hotel Association.
www.elfinanciero.com.mx/ElFinanciero/Portal/cfpages/contentmgr.cfm
SCT declares Metro Line No. 3 tender "unsuccessful"
Sentido Comun - The Ministry of Communications and Transportation, together with government authorities of the State of Mexico, declared the tender for the construction of Suburban Rail line No. 3 unsuccessful because of lack of available financing.
Sonora IMSS officials sanctioned over ABC fire
Sentido Comun - The Ministry of Civil Service sanctioned the head of the Mexican Social Security Institute in the state of Sonora and five other officials of that institution in the case of the deadly fire at the ABC Daycare facility.
2010 budget creates uncertainty, says Zabludovsky
CNNExpansion - The change in the revenue rules creates uncertainty for the food sector, Jaime Zabludovsky, former Undersecretary of Commerce and lobbyist for the Mexican Council of Consumer Products Industry (ConMéxico), says in an interview.
www.cnnexpansion.com/expansion/2009/12/14/conmexico-cabildea-la-ley-de-ingresos
