Growth in profits, efficiency, sales and commercial production, the latter above 110 million pesos in the first half of the year, are benefited by the implementation of the Ordering Task (economic) in the Central Geomining Enterprise.
Cuban tourism group Gaviota moves towards digital transformation
The Cuban tourism group Gaviota continues to advance towards the digitalization of its processes, and all its hotel facilities already have the NAUTA PMS for the commercialization (without card) of customers' Internet access time.
COVID-19-Linked Tourism Fall Could Cause 4 Billion Dollar Loss to Global GDP
The fall in international tourism caused by the COVID-19 pandemic could cause an over-four-billion-dollar loss to the global Gross Domestic Product in the period 2020-2021.
Cuba and Sahrawi Arab Republic ratify willingness to strengthen economic ties
Cuba and the Sahrawi Arab Democratic Republic (SADR) ratified their willingness to continue strengthening economic ties beneficial to both governments.
U.S. measures block flow of remittances to Cuban families, Cuban FM denounces
The United States measures in force against Cuba prevent the regular and institutional flow of remittances to Cuban families, foreign minister Bruno Rodriguez Parrilla denounced today on Twitter.
US Sanctions Block Family Remittances to Cuba
Current US sanctions against Cuba hinder the regular and institutional flow of remittances for Cuban families, Foreign Minister Bruno Rodriguez denounced on his Twitter account (shorturl.at/abkmZ).
Cuba creates group to support coordination between enterprises and non-state management forms
On initiative of the National Association of Economists and Accountants of Cuba (ANEC by its Spanish acronym) in Havana, the Management Group for the articulation or interrelation between the socialist state enterprise (EES by its Spanish acronym) and the non-state forms of management (FGNE by its Spanish acronym) was formed.
Cuba to participate in the II Expo Virtual Germany 2021
The Chamber of Commerce of the Republic of Cuba will participate in the II Expo Virtual Germany 2021for the Latin American region with an institutional stand to promote exports and foreign investments in the largest of the Antilles.
Subsidiary enterprises: develop decision-making right where the rubber meets the road
Along with the micro, medium and small enterprises (MSMEs), another new actor in Cuba, the subsidiary, will come into play in August or September, once the corresponding legal regulations are ready, according to Alejandro Gil Fernández, Deputy Prime Minister and head of the Ministry of Economy and Planning (MEP).
Central Cuban province boosts production of sugar derivatives
The Base Business Unit (UEB by its Spanish acronym) Chiquitico Fabregat Derivatives, promotes the processing of sugarcane by-products as an effective part of the local strategy to achieve food sovereignty in the region.
Cuba condemns the negative impact of the blockade on its economic development
During the 68th meeting of the Trade and Development Board, held today in Geneva, the Cuban ambassador and permanent representative in that Swiss city, Juan Antonio Quintanilla Roman, condemned the negative impact of the U.S. economic, commercial and financial blockade on the island's economy.
The blockade undermines lives of millions of Cubans, Cuban FM affirms
Bruno Rodriguez Parrilla, Cuban foreign minister, said today on Twitter that every economic, commercial and financial blockade measure in force by the U.S. government threatens the health and lives of millions of people in Cuba.
Suspension of U.S. dollar cash deposits comes into force as of today
As of Monday, natural and legal persons will not be able to make cash deposits of U.S. dollars (USD) in Cuban banks, a temporary measure adopted by the Central Bank of Cuba (BCC) as a result of the U.S. blockade.
Cuba Paves the Way to set up MMSEs by August
Cuban government expects to see the setting up of the its first Micro, Medium and Small companies—MMSEs-- both in the state and non-state sectors by mid August or early September, said Cuban Economy Minister Alejandro Gil during a prime-time TV show on Friday.
Cuban cooperative signs agreement with Ministry of Education
The Non-Agricultural Cooperative (CNA) Decorarte, and the Empresa Productora de Materiales Varios para la Enseñanza (Empromave), of the Ministry of Education, through a letter of intent signed on Thursday to join forces in the supplying of toys and teaching means to schools throughout the country.