The Cuban Parliament modified the 2016 Budget Law to delay till October the payment by workers at state-run companies of an income tax derived from bonuses received apart from their basic salaries and stemming from high production results and the distribution of company gains.
Economic control on the spotlight of Cuban lawmakers
Cuban lawmakers insisted in deepening economic control as a crucial factor in the process towards a prosperous and sustainable socialist system.
BioCubaFarma Saves Millions of Dollars to Cuban Economy
Cuba saved in 2015 over 1.9 billion dollars in imports of drugs, equipment, aids, prostheses, ear molds and other components of health, reported Carlos Gutierrez, director of the higher business management organization BioCubaFarma.
Cuba: Tourism Continues on the Rise in First Half of 2016
At the end of the first half of this year Cuba reached the figure of two million 147,600 visitors, representing an increase of 11.7 percent compared to the same period of 2015, informed Tourism Minister Manuel Marrero.
Cuban economy faces complex scenario, says Minister
Finance and Planning Minister Marino Murillo told Cuban lawmakers that the economy is suffering a major setback due to a complex scenario is facing at the moment
Cuban deputies call for regulation of private wealth accumulation
Cuban deputies addressed the need to control the concentration of wealth in the non-state sector because such sector leads to the accumulation of property.
Cuba faces tense financial situation, said Economy Minister
The country is currently facing a tense liquidity or cash situation, something which is not new, but which leads to taking a package of measures, said Economy minister Marino Murillo, who noted that vital services for the people will be preserved, as well as appropriate domestic monetary balance.
No Sustainable Development Possible without Control, Says Cuba's General Comptroller
The General Comptroller of the Republic, Gladys Bejerano, said in this capital that no sustainable development in Cuba will be possible without control, during a speech to the Committee on Constitutional and Legal Affairs of Parliament.
Cuba and Sweden Sign Debt Regularization Agreement
Ricardo Cabrisas, Vice-president of the Council of Ministers, received Ms. Elsa Maria Kristine Erlandsson Juarez, chargé d'affaires a.i. of the Embassy of the Kingdom of Sweden in Cuba.
U.S. Companies Interested in Managing Remittances to Cuba
U.S. companies participating in the First Conference on International Money Transfers in Cuba, IMTC 2016, expressed their intention to establish links to manage remittances to the Caribbean Island.
U.S. Company Assumes Administration of Hotel in Havana
A U.S. company took on, for the first time in over half a century, the management of a hotel in Havana, even though Washington continues to block investment and trade with Cuba.
Bee Production in Latin America and Cuba to be Discussed in Havana
The 12 th Latin American Congress on Bee production scheduled from July 18th to the 22nd at Havana's Convention Center with the participation of delegates from 20 countries will discuss the advances of sector in Cuba and region.
Cuba and Finland Sign Debt Regularization Agreement
Ricardo Cabrisas, Vice-president of the Council of Ministers, and Peter Stenlund, State Secretary of the Ministry of Foreign Affairs of the Republic of Finland, signed on Monday the agreement that regulates the debt of Official Development Assistance between the two states.
Intl. Congress on Business Management Inaugurated in Havana
With the premise of contributing to knowledge and innovation, the 10th International Congress of Management and Public Administration, GESEMAP 2016, began on Tuesday and will run until June 30 at Havana's Convention Center.
Dominican Trade Mission Explores Opportunities in Cuba
Representatives of 28 companies belonging to the Free Trade Zone of the Dominican Republic, the largest mission organized by that country, explore business opportunities in Cuba seeking to strengthen bilateral economic ties.