Cuban business people, experts with the Cuban Central Bank, the Economy Ministry, the UNDP, and provincial government officials have addressed, during a workshop in Havana, major hurdles facing micro, small and medium companies to access financing, which affects their development and local contribution.

 Opened by Commander-in-Chief Fidel Castro Ruz on November 27, 1988, the Ignacio Agramonte Loynaz Military Industrial Enterprise (EMI) in Camagüey(central Cuba) has fulfilled, at the end of July, more than 50 % of the production plan delivered to the military sphere, to the industrial activity and to other needs of the national economy.

The factory that produces Parranda, owned by Cervecería Cubana S.A., could in the near future replace imports of this highly demanded product in the island.

Almost a year after the beginning of its marketing process, the Grand Aston Cayo Paredón Hotel, in this province’s northern Jardines del Rey resorts, is still a favored destination among domestic and foreign—mainly Russian and Canadian—tourists because of its excellent beaches, modern facilities, great cuisine and cultural attractions.

The process of bankarization being developed in the country was considered as a necessary, modern strategy that will benefit the majority of the population, according to a meeting this week of the Executive Committee of the Council of Ministers.

 Since the creation in Cuba of the first micro, small and medium-sized enterprises (MSMEs) in 2021, they have provided the state budget in the province of Sancti Spiritus (central Cuba) with more than 233 million pesos.

Over 600 thousand Cubans are currently receiving drinking water through cistern trucks and not through pipes, particularly due to the impact of the US economic, commercial and financial blockade, said the president of the National Water Institute Antonio Rodriguez.

The Palmares extra-hotel chain in the city of Santiago de Cuba announced the 13th International Contest Varadero Gourmet, scheduled to start on September 13.

 The economic damages and losses caused by the U.S. blockade on Cuba, particularly within the system of the Ministry of Communications (MICOM), only from August 2021 to February 2022 reached the figure of 104,155,170 USD, said Wilfredo Gonzalez Vidal, first deputy minister of that institution, in Havana.

Cuba’s Central Bank (BBC) rejected social and alternative media reports on the alleged circulation on the island of fake banknotes or with printing errors in the denominations of 100 and 1000 pesos.

The Angel Villareal Bravo Industrial Enterprise, known as Ciclos Minerva, through a collaboration with the German company Energy, is carrying out the initial phase of the manufacture of an electric quadricycle, to contribute to the tourism industry.

Representatives of China's Huaxing Travel agency begin today a program in Cuba that includes visits to the main tourist destinations and the presentation of the island's portfolio of opportunities in the sector.

Foreign Investment projects targeting retail and wholesale domestic trade in Cuba show slight advancement, according to information released Tuesday by the Cuban Parliament’s working commissions.