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Cuba and Mozambique sign cooperation agreement on agriculture

Cuba Business and Economy News - Fri, 2017-06-16 16:22
Summary:  The ministries of agriculture of Cuba and the Republic of Mozambique today signed a cooperation agreement in this capital with the purpose of developing bilateral ties in this area, as well as food security and agricultural research. Image: 

Haiti to Strengthen Its Commercial Ties with Cuba

Cuba Business and Economy News - Fri, 2017-06-16 12:34
Summary:  Haiti’s Minister of Trade and Industry, Pierre Marie Du Meny said on Thursday that his country will strengthen its commercial ties with Cuba, according to a report from Prensa Latina News Agency. Image: 

Several hotels under construction in central Cuban province

Cuba Business and Economy News - Mon, 2017-06-12 21:13
Summary:  The construction of hotels will begin in Villa Clara in the coming days, with the purpose of meeting an ambitious investment plan for the celebration of FIT-Cuba 2018 International Tourism Fair. Image: 

Gaviota SA to build new hotels and a golf course in Varadero

Cuba Business and Economy News - Mon, 2017-06-12 21:07
Summary:  Gaviota SA Group will expand its capacity in Varadero with the implementation of new investments, including the new Oasis and Las Nubes hotels, the latter once completed will be the highest in Cuba´s main tourist pole, with 24 floors. Image: 

US Companies Urge Trump to Maintain Travel to Cuba

Cuba Business and Economy News - Fri, 2017-05-26 00:23
Summary:  Over 40 US companies and associations sent on Wednesday a letter addressed to President Donald Trump urging him to maintain and expand travel to Cuba. Image: 

Cuban and Danish companies to set joint venture to produce pork

Cuba Business and Economy News - Thu, 2017-05-25 23:10
Summary:  The Swine Research Institute (IIP by its Spanish acronym) and the Danish company DanAvl develop a project for the future creation of a joint venture, which will enable Cuba to achieve higher yields in pork production. Image: 

Cuba Promotes Business Opportunities in the Mining Sector in Beijing

Cuba Business and Economy News - Wed, 2017-05-17 19:25
Summary:  Cuban business executives are currently in Beijing promoting opportunities in the mining sector with the objective of attracting Chinese investment to the island as a way to develop the industry and expand economic development. Image: 

Cuba to create 9 joint ventures to build over 4 thousand hotel rooms

Cuba Business and Economy News - Tue, 2017-05-16 17:51
Summary:  Cubanacan group is currently in the process of establishing nine joint ventures with foreign chains, for the construction of four thousand rooms in Santa Maria del Mar and Santa Lucia, beaches located in Havana and Camagüey provinces, respectively. Image: 

First Trade Convention Inaugurated in Havana

Cuba Business and Economy News - Tue, 2017-05-16 17:39
Summary:  The Minister of Domestic Trade, Mary Blanca Ortega Barredo said on Monday in Havana that one of the main reasons the island is hosting the First Trade Convention is due to the need to implement public policies to promote development in the country and well-being to its citizens. Image: 

Russia will be in charge of the restoration of the dome of the Capitol of Havana

Cuba Business and Economy News - Mon, 2017-05-15 16:40
Summary:  A Russian state-owned company will be in charge of restoring the dome of the Capitol of Havana. Image: 

Chinese technology in eastern Cuba

Cuba Business and Economy News - Mon, 2017-05-15 15:38
Summary:  Chinese specialists work in the installation of the equipment and start-up of an industry of fibers and organic substrate of coconut in the Cuban city of Baracoa, Guantanamo. Image: 

Attendees to FitCuba 2017 to visit Cayo Saetia Today

Cuba Business and Economy News - Fri, 2017-05-05 15:56
Summary:  The 37th edition of the International Tourism Fair "FitCuba 2017" foresees today a tour of Cayo Saetía, a tourist destination considered as the largest hunting ground in the country with a wide variety of species. Image: 

Tourism Minister Presents Gibara as a New Destination

Cuba Business and Economy News - Wed, 2017-05-03 13:17
Summary:  Cuba’s Tourism Minister Manuel Marrero presented on Tuesday in Holguin, the town of Gibara as a tourism destination. Gibara has been the target of an investment program for over five years improving its parks, squares and increasing its hotel capacity. Image: 

Cuba´s Minister of Economy presents Guidelines for the 2018 Plan

Cuba Business and Economy News - Fri, 2017-04-28 20:26
Summary:  After a brief evaluation of the behavior of the Economy Plan during the first quarter of this year, Ricardo Cabrisas, Cuba´s Minister of Economy and Planning, presented the proposal of guidelines for the elaboration of the Plan of the Economy and the Budget of the State for 2018, in which it was considered to consolidate and guarantee the continuity and sustainability of what was approved in the 2017 Plan. Image: 

Cuba suffers Losses Due to Irregularities in Foreign Trade

Cuba Business and Economy News - Fri, 2017-04-28 20:24
Summary:  The issue of economic damages caused to the country by irregularities in foreign trade operations returned to the agenda of the meeting of the Council of Ministers, this time with problems reported or identified during 2016. Image: 

Cuban province exports 21 thousand tons of charcoal a year to Europe

Cuba Business and Economy News - Thu, 2017-04-20 22:47
Summary:  Some 210,000 tonnes of charcoal shipped Ciego de Ávila to Europe in just over a decade with the aim of improving the Cuban economy and increasing financial capacity for industrial plans and agriculture. Image: 

New sausage production plant opens in Havana

Cuba Business and Economy News - Thu, 2017-04-20 22:15
Summary:  The Food Production Company (PRODAL), in this capital, has opened a modern sausage production plant, which makes possible to substitute imports and deliver a larger volume of food to the population. Image: 

A new line of refined Cuban rum to be on the market in May

Cuba Business and Economy News - Mon, 2017-04-10 22:10
Summary:  Ciego de Ávila Liquors and Beverages Company (EMBER) put into production a new line of refined rum, gold and silver dry, with the brand name La Palma, that will hit the shelves throughout Cuba next May. Image: 

Investments to upgrade dairy industry in Cuba underway

Cuba Business and Economy News - Wed, 2017-04-05 17:10
Summary:  The Ciego de Ávila Dairy Industry undertakes an investment process in the Base Business Unit (UEB) located in Morón, the investment aims at replacing and fixing its worn out equipment. Image: 

Cuban and Chilean Business Executives Sign Contract on Nickel

Cuba Business and Economy News - Wed, 2017-04-05 16:37
Summary:  Cuban and Chilean business executives signed on Tuesday in Havana a contract of the International Economic Association to begin a feasible study on the extraction of iron and chromium in the area of Nicaro in the province of eastern Holguin. Image: