Ana Teresita Gonzalez, First Deputy Minister of Foreign Trade and Foreign Investment, said on Monday that the Portfolio of Opportunities for Foreign Capital in Cuba in the period 2020-2021, offers multiple opportunities to interested companies and businesses.
Cuban government will cover elders’ nursing homes expenses
Anyone who needs a nursing home and has no income, or whose family cannot afford the increased fee, will continue to be subsidized from Social Assistance funds, Marta Elena Feitó Cabrera, Minister of Labor and Social Security, said on Monday.
Cuba shows good results on sales of agricultural inputs and machinery in hard currency
The sale of agricultural supplies and equipment in freely convertible currency (MLC) has been well received by farmers and producers, as it has raised nearly 300,000 USD in a few months.
Cuban Minister of Economy highlights treatment of accounts in CUC
Cuba’s Economy Minister Alejandro Gil Fernandez highlighted on Twitter the treatment to be given by the Central Bank of Cuba to all accounts in Cuban Convertible Pesos (CUC) of individuals and is part of the implementation of the re-ordering task, which has been in place in the country since January 1.
Eastern Cuban province restarts tourism operations in hotels
Under strict health protocols, the Cubanacán Group's E Hotels in the Cuban city of Camaguey resumed their operations to accommodate tourists from the international market, after the interruption of their services due to the COVID-19.
Japanese companies interested in investing in Cuba
Many Japanese companies are very interested in investing in Cuba and we hope the next U.S. administration will further increase our relations, assured Naoki Yokobayashi, charge d'affaires of the Japanese embassy to the Caribbean island.
Cuba applies monetary reordering with social protection
Social protection, particularly for the most vulnerable sectors, is currently a priority of the monetary overhaul in Cuba despite the removal of undue gratuitousness and excessive subsidies.
Monetary and exchange order in Cuba: no one will be left behind
Marino Murillo, head of the Commission for the Implementation and Development of the Guidelines, reaffirmed today that with the monetary and exchange order process started this month in Cuba, no one will be left behind.
Havana authorities keep strict control on prices and regulations
In order to guarantee the quality in the implementation of the monetary re-ordering in the Cuban capital, the financial authorities deploy a policy of intransigence towards those who violate established prices and rules.
Cuba approves its two first High-Tech companies
The Center for Genetic Engineering and Biotechnology (CIGB) and the Biotechnology and Pharmaceutical Industry Enterprise (BIOCEN), were approved as the first two Cuban High Technology Enterprises.
Public transportation fares went up 2-5 times in Cuba, still partially subsidized
Prices of transportation services in Cuba were raised between two and five times approximately and are in line with the new costs and the age of some rates, said Minister Eduardo Rodriguez Davila.
Monetary order in Cuba after 72 hours of implementation
On January 1st, the monetary order began in Cuba and, 72 hours later, several measures have been implemented by the actors of the economy, along with the doubts and concerns expressed by the population.
US blockade against Cuba stops improvement of students and academicians
The economic, commercial and financial blockade imposed by the US government against Cuba hinders the exchange of knowledge of thousands of students and academics, denounced Monday the Cuban Ministry of Foreign Affairs (MINREX by its Spanish acronym).
Central province of Cuba to start refined sugar production in two of its main refineries
With the start up of the Quintin Banderas refinery in Quemado de Guines and the Chiquitico Fabregat refinery in Remedios, Villa Clara(central Cuba) will begin the production of white sugar in 2021, with a plan of about 113, 000 tons of the grain, a line of vital importance for the country's economy.
Government of Havana approves new prices for agricultural products
The government of Havana approved by resolution the new prices of agricultural products that are marketed in the capital by all forms of state and non-state management, in the context of the implementation of the process of monetary regulation in the country.