The Minister-president of the Cuban Central Bank, Sabina Wilson Gonzalez announced on Wednesday the implementation on August 4 of a new currency exchange rate –1 USD to 120 Cuban Pesos.

A total of 95 new applications from private micro, small and medium-sized enterprises (MSMEs) were approved today by the Ministry of Economy and Planning (MEP).

As part of a new package of measures announced by the Cuban government to advance the country’s economic recovery, the Customs office will enforce, as of August 15, the modification of tariffs on air, maritime, postal non-commercial shipments.

The Cuban Economy and Planning Ministry approved 89 new applications to set up micro, small and medium private companies, which takes the number of those entities to 4 thousand 269.

“FOTOSUB 2022 is under way in this sun-and-beach resort because it is important to show to the world that Varadero Beach is ready to be a diving destination,” said Daybelis Pérez Sandrino, marketing director of MARLIN S.A., the Cuban enterprise of marinas and yacht clubs.

Cuban economy is progressively recovering despite the world crisis caused by the COVID-19 pandemic and the impact by the US economic, commercial and financial blockade against the island, said Economy Minister Alejandro Gil during the 9th Session of the Cuban Parliament.

Cuba expects to see the arrival of one million 105 foreign visitors from July to October, said Tourism Minister Juan Carlos Garcia as he addressed the Parliament’s Service Commission.

The renowned Caribbean tourist company Blue Diamond Resorts announced that it will start operations August 1st at the Royalton Habana hotel, a luxury facility recently built on the Malecon boulevard and at the doors of the old section Havana.

The school La Edad de Oro, which provides specialized care to blind and visually impaired children to facilitate their social inclusion, is one of the special education centers in the province of Holguin where the negative effects of the 60 plus year-old U.S. blockade take a toll every day.

The Cuba-Mexico business forum wound up in Havana with the signing of 12 accords between entities from the two nations.

Cuban authorities invited Mexican entrepreneurs to foster and expand economic and trade relations and increase foreign investment in different fields and projects, as well as to increase their participation at Havana’s 38th International Trade Fair next November.

The Ministry of Economy and Planning (MEP) approved 82 new applications for the establishment of private MSMEs, which pushes the figure up to 4,287.

Air Canada airline will connect the cities of Tokyo and Havana, with the resumption of flights between the Japanese capital and Toronto, company executives announced today.

Cubana de Aviacion and CI Proyectos Comerciales Lobaton Express will restart this July 17 the shipment of parcels from Colombia to Cuba.