The Cuban Economy Ministry has continuously approved an increasing number of micro, small and medium companies in all provinces, like in this central territory which already counts on 73 such businesses.
Prestigious hotel of the Melia chain surpasses expectations during winter season in Cuba
The Melia Las Antillas hotel in this beach resort city exceeded expectations and, despite the current global pandemic, obtained 2.5 million in profits, when losses of over 6 million were planned.
Cuban Economy with Slight Recovery in early 2022
After stopping an free-fall economic trend over the past three quarters of 2021, Cuban economy begins to show slight recovery, though the market offer is still long way below the demand, said Cuban Economy Minister Alejandro Gil.
Cuban Economy has Taken on 1 974 MSMEs and Coops
The Cuban Economy Ministry approve 162 new micro, small and medium companies and cooperatives, taking the number of the new economic entities to 1 974 since the approval process kicked off September 2021.
National 2030 Program is Crucial for Cuban Economy
Cuban Economy Minister Alejandro Gil Fernandez said on Wednesday that the National Economic and Social Development Plan for the year 2030 is the main tool to plan and lead the country’s economy.
More entities authorized to engage in foreign trade as non-state management forms
Cuba's Ministry of Foreign Trade and Investment authorized seven new entities to export and import goods under non-state management forms, bringing 49 the number of enterprises engaged in these activities.
Over 573, 000 travelers arrived in Cuba during 2021
During 2021, 573, 944 travelers arrived in Cuba, 39.8 % of what was registered in 2020, the Cuban National Office of Statistics and Information (ONEI by its Spanish acronym) reported.
Cuban authorities call for boosting efficiency of current sugar campaign
The general secretary of the Cuban Workers' Federation (CTC by its Spanish acronym), Ulises Guilarte de Nacimiento, called for boosting the efficiency of the current harvest, given the late start of several of the planned sugar mills.
Without MLC stores, Cuban economic situation would be worse, deputy PM asserts
Alejandro Gil Fernandez, Cuban deputy prime minister, stressed in Havana that if the freely convertible currency (MLC its Spanish acronym) stores had not existed, the country's economic situation would be even more complex, as well as the sales of goods and services in Cuban pesos to the population, given the high shortage of the commercial network.
Over 230,000 Cubans were employed during 2021
A total of 236,000 Cubans were employed over 2021, and 12,655 attended qualification courses to start training for the trades.
Deputy Premier Calls to Wipe out Inefficiencies in Sugar Production
Cuban deputy Prime Minister Jorge Luis Tapia called for actions that help eradicate inefficiencies in the current sugar production campaign.
Foreign Investment Projects aim at Boosting Agricultural Production
The Cuban 2022 Portfolio of foreign investment opportunities offer 57 projects to boost and diversify agricultural, forest and ranching activity.
Varadero with new facilities to host International Tourism Fair
The Sport Bar, dedicated to sports, in the boulevard of this seaside resort city, is one of the novelties for the International Tourism Fair (FitCuba) to be held in May, and is added to a list of proposals for the main event of the sector.
Furniture industry in Cuban central province supplies production to tourism sector
Beauty, decoration and perfection distinguish the furnishings made by the furniture industry in Ciego de Avila for the tourism sector, this year for hotel facilities in the Jardines del Rey complex, in the north of Ciego de Avila.
Cuban Economy Keeps Adopting New MSME’s
With the approval by the Cuban Economy Ministry of 105 new micro, small and medium companies and coops, the island now counts on 1 thousand 812 such companies since their official approval began in September 2021.







