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.
Tobacco production in Cuba, another victim of the US blockade
Officialized on February 3, 1962, the U.S. economic, commercial and financial blockade against Cuba has a direct impact on tobacco production, considered the main exportable agricultural product on the island.
Cuban companies in eastern region with important contributions to foreign trade
The Tropical Contramaestre S. A. Mixed Enterprise, the Honey and Wax Processing Plant, both in the municipality of Contramaestre, and the Oriente Pharmaceutical Laboratory, in this city, were recognized today for their contributions in 2021 in the assessment of foreign trade activities, foreign investment and international collaboration in Santiago de Cuba.
Germany’s World Voyager Cruise Ship Returns to Cuba
Germany’s World Voyager cruise ship is expected to make its second visit to the Cuban south-central Cienfuegos harbor, on February 7 as part of the local high tourist season.
Community-oriented Project Expand Business Portfolio
A community-oriented business project in the preparation of dry condiments in the Majagua municipality, in this central province, has now upgraded into a mini-industry which can trade its own agricultural products, a trend valid for other similar projects on the island.
Cuban State-run Medium Company Advances towards Economic Efficiency
Cuba not only approved private MSMEs, but also state-run companies of this kind like CALISOFT, which expects to meet efficiency challenges and the local demand of its products as a limited and budgeted enterprise.
2022: along the roads of tourism in Cuba
Special ServiceThe tightened imperial blockade and the pandemic have hindered the development of tourism in Cuba.
Cuba approves 88 new private MSME applications
The Cuban Ministry of Economy and Planning (MEP) approved today 88 new applications for private MSMEs, bringing the total number of these authorized economic actors to 1,707 since the beginning of the process at the end of September 2021.
Arable land recovered in western Cuba
Land dedicated to sugar cane in the north of the province of Artemisa, long covered with weeds after years of neglect, began to be recovered about three years ago and are already contributing to municipal self-sufficiency.







