Business

A 20% Surge in Minimum Wage Sets the Tone for 2024

Mexico sees a 20% hike in minimum wage, closing gaps regionally. The publishing industry adapts post-COVID, aligning production with sales. Active global engagement includes COP28 participation and transparency in labor rights.

Mexicanist

Dec 3, 2023 — 3 min read

Mexican workers celebrate the 20% minimum wage increase, fostering economic resilience.

As Mexico approaches the dawn of a new year, significant changes are set to reshape the economic landscape. A surge in the minimum wage, a nuanced publishing industry trajectory, and active participation in global affairs all contribute to the nation's dynamic narrative.

Minimum Wage Increase

As of January 1 of the 2024, the lives of 20.5 million Mexicans will be positively impacted as their daily base salary receives a commendable 20% boost. This increase propels the minimum daily wage from 207 pesos to 248.93 pesos, translating to a monthly income of approximately 7,467 pesos.

Mexican Archers Make Strong Debut at Paris Olympics

Mexico's archery team shines at Paris 2024 Olympics. The women's team secures third place, advancing to the quarterfinals. Alejandra Valencia leads with a strong performance. The men's team qualifies for round of 16. Matías Grande and Valencia aim for mixed team podium.

The proposed initiative offers a 20% tax incentive for foreign film productions in Mexico.

Mexico Proposes Tax Incentives to Boost Film Industry

Mexican lawmakers propose tax incentives for foreign film productions. The goal is to boost the local film industry, create jobs, and attract international investment. The initiative offers tax certificates to foreign investors, which can be transferred to Mexican companies.

Forensic scientist examining evidence in a lab, emphasizing the importance of expert services.

Lawmaker Pushes for Autonomous Forensic Services in Mexico's Investigations

Representative Gabriela Sodi (PRD) proposes reforming Article 21 of Mexico's Constitution to establish autonomous, independent, and professional expert services to provide scientific data for criminal investigations.

Person holding a blood donation bag with a superhero symbol.

How Blood Donation Works in Mexico

Mexico faces a blood shortage due to low voluntary donors. Only 5% donate altruistically. Dr. Contreras Serratos urges people to donate blood regularly, starting at 18. Donating blood is safe and helps others in need.