Baby Lores , renowned singer of reggaeton in Cuba, recently won , along with other partners , a bidding process , to turn into a food service cooperative the emblematic Havana restaurant " El Jardin" . While several people expressed interest in leasing those premises, the commission created for that bidding approved the project submitted by the artist and other members of the cooperative. José Zorrilla, CEO of the Provincial Company of Havana restaurants, stressed that his offer met the requirements for leasing them, under this condition, the restaurant located in Linea and C streets, in the neighborhood of Vedado, which had stayed closed for a number of years. Among the values of the project, the how quickly they plan to reopen the facility (first quarter of 2014), after its restoration, stood out, as well as the proposed monetary contribution to that entity by way of lease. According to the legal framework of cooperatives they operate as legal entities with defined economic and social purposes, while they are created voluntarily by its members and are based primarily on their work input. The gradual formation , operation and expansion of these forms of management, at this early stage , covers sectors...

Unlike previous editions, the XXXI International Trade Fair of Havana, transcended that vision of formal space for the meeting between Cuban and foreign businessmen interested in trade, to become new window through which see the economic changes and taking place in the island And this version brought and left in the mouth of many the taste of an appetizing dish: the Special Development Zone Mariel (ZEDM) , that that can stand as an important foundation of the transformations within the Island towards its much desired prosperity. In a climate of respect and security, foreign and domestic investors will enjoy tax and customs incentives respected in the monumental project, which occupies an area of 465.4 square kilometers west of the Cuban capital. The statements was made in FIHAV by Rodrigo Malmierca , Minister of Trade and Investment and was later ratified by Ricardo Cabrisas , vice president of the Council of Ministers , at the close of the great event , who also only had words of praise for this Fair which had the largest turnout in the Caribbean country . Services and products in the fields of health, construction, communications, agriculture, food and beverages, capital goods and consumer products, cosmetics,...

About to close their doors, the XXXI International Trade Fair of Havana (FIHAV) invites foreign and Cuban businessmen to another space conducive to the promotion of export items and strengthening technological partnerships. With the call for the First International Convention and Exhibition of Industry Cuban, CubaIndustria 2014, will unify, professionally, the works in steel, mechanical, recycling, light industry, chemistry and electronics branches, while partnering with other sectors of the national economy. As an excellent opportunity for the transfer of technologies and good practices, with the intention of promoting productive interaction of strategic sectors of the national economy was assessed this event which was announced on the fifth day of the Cuban trade fair. Among the expectations raised by the forum, sponsored by the Ministry of Industries of Cuba, stand out the contributions generated in renewable sources of energy, cost reduction and import substitution, in order to achieve the longed economic effectiveness. CubaIndustria will cover 12 conference and four rounds of fashion-related business, professional and technical services, the international exhibition of furniture and productive chains. Among the novelties of the event is the call to the cooperative members to participate according to the Convention’s thematic. This new productive form, in the...

The concept of "health tourism" in Cuba grows toward a more holistic and comprehensive idea: "medical and health services”, which combine care with quality of life, academic training and research, along with technologies and associated products. These words belong to Dr. Gelacio Alberto Aday, Marketing and Research director of Cuban Medical Services SA. This company strengthens its strategic alliance with BioCubaFarma Pharmaceutical and Technological Industries Group, some sources said on Wednesday at the 31st Havana International Fair. Dr. Julio Castaner, SMC business director, explained that currently more than 60 countries are receiving highly specialized provisions in the areas of oncology, plastic surgery, epidemiology, orthopedics, neurology and neurosurgery, rehabilitation, ophthalmology, dermatology, pediatrics, among others. Here it highlights preventive medicine as one of the most popular specialties. This activity is based on the four SMC business lines: professionals and technicals health services abroad, foreign medical care in Cuba, academic and research services within and outside the country, and care services for national entities operating in hard currency and to foreign organizations settled here. Regarding overseas offer, Castañer reported that Mexico, Colombia and Peru are among the most in demand by way of private management, while Angola, Namibia, Congo, Equatorial Guinea, Chad and...

A sign of the growing interest of the international community in trading with Cuba was ratified on the second day of the XXXI Havana International Trade Fair, underway at the Expocuba fairgrounds until next Saturday. Also there was the 40th Economic Complementation between Cuba and Venezuela which aims at the phasing out of tariffs, which will boost economic cooperation between these nations. In the presence of representatives of 200 Venezuelan companies, Rodrigo Malmierca , Cuban Minister of Foreign Trade and Investment , and Alejandro Fleming , Commerce Minister of the South American nation signed this document. In line with the process of transformation Cuban is living this agreement is expected to generate a greater flow of goods and solid building of productive chains. For this reason Cuba will open an office in Caracas in the next weeks for monitoring exports - imports in both directions, the Cuban minister remarked. Another moment of prominence in the XXXI Fair, which has the largest participation of the last decade, was the National Day of China where it was learned that trade between Cuba and the Asian nation totaled 1.4 billion dollars, tacit expression of the strengthening of bilateral ties. In relation to the...

In an effort to promote citizens' initiative the government lifted the restrictions on small private business, giving a much needed boost to entrepreneurship. Cubans all over the country took the opportunity and turned houses, porches, gardens and comfortable relaxing strolls into cafes, restaurants, barber shops, rental properties and markets. The resurgent private sector expands, and this alternative is expected to absorb the surplus labor force from the state sector, in the midst of a difficult process of employment restructuring.