BUSAN, Jan. 26 (Korea Bizwire) — Mexico is reportedly mulling business agreements with the city of Busan, as government officials visited the South Korean port city yesterday. Ernesto Cordero Arroyo, the current president of the Mexican senate, and Bruno Figueroa Fische, a Mexican diplomat who is the ambassador to South Korea, visited Busan on Thursday [...]
SEOUL, Sept. 29 (Korea Bizwire) – South Korean plans to provide US$1 million worth of humanitarian assistance to Mexico recently hit by a massive deadly earthquake, the foreign ministry said Thursday. A 7.1-magnitude quake struck Mexico on Sept. 19, leaving 338 people dead and over 800 others injured. Dozens of buildings collapsed with over 14,000 homes damaged or destroyed, the ministry said. The latest quake [...]
MEXICO CITY, Aug. 14 (Korea Bizwire) — It was announced on Saturday that Samsung Electronics and the Secretaría de Comunicaciones y Transportes, Mexico’s Ministry of Communications and Transport, have shaken hands on a deal that will see the Korean company support the Puntos México Conectado (PMC) initiative carried out by the ministry. The initiative is part [...]
SEOUL, Dec. 19 (Korea Bizwire) – Kia Motors Corp., South Korea’s No. 2 automaker, saw its sales in Mexico more than double in November despite rising concerns over U.S. President-elect Donald Trump’s trade policy, industry data showed Monday. Kia sold 5,460 vehicles in November, up a whopping 143 percent from the same month a year [...]
MEXICO CITY, Aug. 22 (Korea Bizwire) – Samsung Electronics Co. signed a business pact with the tourism board of Mexico’s Yucatan state to implement a project that will utilize the South Korean electronics giant’s virtual reality (VR) technologies to help develop the Mexican state’s tourism industry, the Mexican unit of Samsung said Monday. It marks [...]
SEOUL, May 25 (Korea Bizwire) – A medal that was apparently awarded by Kim Il-sung, the first Supreme Leader of North Korea and grandfather of current leader Kim Jong-un, was found on a Mexican e-commerce website, Vivauncios. According to Vivauncios, Miguel Alba, a former professor at a university in Puebla, posted the medal with an asking [...]
SEOUL, April 7 (Korea Bizwire) – Kia Motors Corp., South Korea’s second-ranked carmaker, is expected to start operations at its plant in Mexico as planned amid reports that negotiations over the local government’s promised incentives seem to be making some headway, industry watchers said Thursday. Media reports have raised speculation that the May launch of the plant [...]
SEOUL, Nov.19 (Korea Bizwire) – Korean cosmetics brand Tonymoly announced that it has opened a store in Mexico City, the capital of Mexico. The new store represents the company’s first foray into Latin America. The store is located in the Hamburgo district of Mexico City. The shop features a ‘Professional Makeup & Hairzone’, which is [...]
NEW YORK and MEXICO CITY, Nov. 5 (Korea Bizwire) — Nasdaq (Nasdaq:NDAQ) and Bolsa Institucional de Valores (BIVA), announced today that BIVA will implement Nasdaq’s X-stream Trading technology to run Latin America’s newest exchange. X-stream is the most widely used exchange trading technology in the world, powering more than 30 marketplaces globally. In addition, BIVA [...]
SEOUL, Nov. 1 (Korea Bizwire) — Kia Motors Corp., South Korea’s No. 2 automaker, said Sunday that it is moving to more than double its dealership network in Mexico to increase its market presence. The move to add 27 new dealerships to the existing 21 is likely based on the carmaker’s strong sales in its [...]