Goverment plans to spread SME growth throughout country

Economy Secretary Fernando Canales Clariond acknowledged yesterday that, with the exception of the Yucatan peninsula, the country's south-southeast region registered the lowest rates of growth in the small- and medium-size enterprise (SME) sector.

Measures to protect tequila SMEs to be enforced from 2004

In a measure to support the small- and medium-sized enterprises (SMEs) in the tequila and the agave-tequila productive chain, the marketing of the two types of tequila produced - tequila and 100% tequila - will only be allowed if they are bottled

Secretariat of Tourism launches support for SME sector

With the backing of the Economy Secretariat, Nacional Financiera (Nafin) and the commercial banking sector, the Secretariat of Tourism (Sectur) launched a diverse programme to finance small- and medium-size enterprises (SMEs) working in tourism.

Factoring companies foresee growth in 2003

The 11 factoring companies belonging to Mexican factoring association AMEFAC expect that their monthly credit operations in 2003 will exceed the 3.98bn pesos (US$380mn) loaned the previous year, AMEFAC chairman Guillermo Lagos Espinosa said yester

Lack of financing causes 70% of SMEs to fold

Of all the small- and medium-sized enterprises (SMEs) that start operations in the domestic market 70% close down two years after they open due to the lack of financing, according to Efraнn Aguayo Guillйn, a member of the network of Nacional Finan