Tips for Doing Business in Mexico

Here are some valuable tips for conducting business in Mexico:

• Greet all individuals with a handshake
• Socializing in Mexico is extremely important for developing positive business relationships
• Use professional titles like 'Doctor", "Professor", etc...
• Learn to practice patience in business negotiations
• Take notes on business discussions

GE Technology Plans to Increase Reliable Technology for Northern Mexico

Via Mexico Today - "GE Technology to Boost Reliable Power for Northern Mexico." Read about GE's contract in bringing more to Mexico's northern region in terms of the region’s supply of reliable power and lower-emissions output.

FICO Scores to Rate Credit Risk for More Than 60 Million Mexicans

From MarketWatch - Today FICO, which is the leading provider of analytics and decision management technology, "announced that the fastest-growing credit information organization in Mexico, Circulo de Credito, will offer FICO Scores to its banking clients. Circulo de Credito plans to begin delivering the industry-leading FICO Scores in 2011."

Photo credit: wikipedia

Source with a Different Perspective on Traveling and Doing Business in Mexico (Via MexGoodLife)

The Mexico Good Life has called out a valuable source for those seeking news (that may not be mainstream) on traveling and doing business in Mexico. Check out their dedicated page for their take on Mexico Today and how it can serve as a news source for business travelers to Mexico.
I've taken a look at the MexicoGoodLife site and it's also a great site to get more information for those interested in living in Mexico - kudos to them for writing and providing up-to-date content.

Mexico Becoming Popular Destination for International Conventions

In 2010, Mexico saw a 31% increase in meetings - leading Mexico to become the world's 22nd most popular vacation destination country for international conventions. In 2009, Mexico's ranking was 27th. Mexico City held the majority of Mexico's 140 international conventions. Mexico City took 15th place on the international list of top host convention cities and 5th in the Americas. Mexico’s tourism investment is paying off.

Read more about Mexico's jump in the convention rankings from Mexico Today.

Photo credit: venuemexicocity.com

World Bank Calls Mexico Easiest Latin American Country in Which to Run a Company

Looking to start a business in Mexico? According to the World Bank's 2011 Annual Report, Mexico is the easiest Latin American country in which to run a company. The report, called "Doing Business in Mexico," provides financial details on items like starting a business, protecting investors, and getting credit. It also includes procedures for how to set up a business in Mexico.