Despite the fulfillment of its production plans, Holguin's nickel industry is going through a bad time this year, due to the considerable fall in the price of this product in the international market.
Works to build a new International Hotel start in Varadero
Earthworks, drilling and other preparations on the site occupied by the International Hotel, in this resort town, are undertaken these days before demolishing the old structure at the end of the year and start construction of the new one with 924 rooms.
People in central Cuba happy with WiFi services
The opening of two places for Internet browsing via wireless or Wi-Fi in this city, and the reduction of the hourly rate of 4.50 to 2 convertible pesos (CUC), has gained acceptance among the people of Camaguey.
US and Cuban Banks Sign Accord
Cuba´s Banco Internacional de Comercio (BICSA) and the US Stonegate, based in Florida, signed an accord to set up a correspondent account, banking authorities confirmed in Havana.
Cuba and France Share Potential to Expand Economic Relations
Cuban Foreign Trade and Investment minister Rodrigo Malmierca stressed this week in Paris the potential of Cuba and France to further develop bilateral economic relations.
Cuba and Germany Agree in Havana to Strengthen Bilateral Bonds
With the aim of strengthening links and establish a practical and effective mechanism for political consultations between foreign ministries, Cuba and the Federal Republic of Germany signed on Thursday in this capital the Joint Declaration on Cooperation between the two governments and a memorandum of understanding.
Cuba reports 4.7 percent economic growth in first semester of 2015
Cuban Economy minister Marino Murillo confirmed on Thursday that the country´s Gross Domestic Product grew 4.7 percent in the first half of 2015.
Implementation of State Budget confirms social policy of the Cuban Revolution
Total expenses out of the 2014 Cuban Budget reached 49 billion 33 million pesos (similar to dollars at official Exchange rate) standing for 98 percent of what was planned.
Cuban tourists spend some 147 million pesos in 2014
Tourist resorts in Cuba collected over 147 million Cuban convertible pesos (very close to same amount in US dollars), particularly in accommodation, catering and transportation services, spent by domestic tourists.
Cuban Parliamentary Commissions Tackle Strengthening of the Economy
The debates in the 10 standing working committees of the National Assembly of the People's Power that started on Saturday in this capital and will continue until Monday are aimed at strengthening the economy, services and attention to the people.
Cuba: Foreign Investment for Use of Renewable Energy
The construction of seven new wind farms with direct foreign investment is considered in a program of medium-term development for the better use of renewable energy sources in Cuba.
Spike in tourism in Cuba: 2 million visitors already in 2015
Two million tourists have visited Cuba from January first till July 10th, according to a press release by the Ministry of Tourism published today in the daily Granma.
Cuban province readies for coming coffee harvest
The Cuban province of Santiago de Cuba is getting ready for the coming coffee harvest with the goal of surpassing the 2,850 ton mark achieved this year.
Cuba and Ivory Coast to Strengthen Bilateral Trade
Cuba and the Ivory Coast will identify opportunities to expand their commercial exchanges, when Charles Koffi Diby, Minister of State and Foreign Affairs of the African nation, visits the island next week.
Cuba creates group to help non-state sector improve management
The National Standardization Office (ONN by its Spanish acronym) announced the creation of a working group for the promotion of quality management in the non-state sector and for small format entities in Cuba.