March 24, 2000
Mexican Minimum Wage Increased
The Mexican government increased the minimum wage base by 10%. The increase will bring the 1999 minimum of 34.50 pesos ($3.63) per day to 37.90 pesos ($3.99) per day. Roughly 20 percent of Mexico's work force earns the minimum wage. Inflation currently at 12.03%.
Maquila Watch Newsletter
Columbia Opens New Internet Portal
Santafé de Bogata, Columbia has established an internet portal which will be carrying information on Bogata and other areas of Columbia aimed at Spanish speakers. Interested persons may get further information at <pr@lamira.com> . La Prensa San Diego will provide Web site address as soon as it becomes known.
A manera de introducción, somos lamira.Com. un nuevo portal de internet en Español, que pretende llenar las necesidades de información de los hispano parlantes. Para comunicarse en el internet dirijase al sitio <pr@lamira.com> .
Mexican 1999 Economic Bulletin
EXPORTS: Total Exports in Sept. 1999 roughly reached $12 billion. This was a decrease of 29 percent in respect to August 1999.
Maquiladoras Employment: 1,195,070 Mexicans were employed in the 3,384 maquiladoras in Mexico. Of these, 734 maquiladoras are in Tijuana. They employ 171,170 workers.
Production: The maquiladora sector of the Mexican economy grew at a 16.3 percent annual rate. During the month of August.
Inflation: Inflation for December 1999 increased from .58 % to .98% in Tijuana.
Maquila Watch Newsletter
Hispanic Advertising Agencies Convene in Puerto Rico
The Association of Hispanic Advertising Agencies is holding a conference in San Juan Puerto Rico (3/23-26th) highlighting the role and challenges that the digital evolution will play in the advertising business and what agencies need to face the challenge.
NAHP to Hold Conference in Las Vegas
The National Association of Hispanic Publications is holding their annual convention, March 29 - April 1 in Las Vegas, Nev. The organization has 175 publications with over 10 million circulation in the United States and Puerto Rico. For information call Laura García at 760-434-7474 (Carlsbad).
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