Tourist arrivals to Cuba register 94% drop so far this year
The figure represents 918,387 fewer visitors compared to a similar period in 2020, Cuba’s National Office of Statistics and Information...
Alejandro Gil: “We are prepared to take advantage of any economic opening with the U.S., but it doesn’t depend on us”
The deputy prime minister and head of the island’s economy also assured in a press conference that the monetary reorganization...
Central Bank of Cuba warns of pyramid scams and mentions Trust Investing
The BCC reiterated what President Miguel Díaz-Canel had already warned, that the Cuban government “does not promote or approve the...
Díaz-Canel warns about “possible scam” of businesses operating with cryptocurrencies
“The assessments are being made, all the studies are being carried out (…) to then make the pertinent decisions. Now...
Economic reform in Cuba: principles and pseudo principles
In the midst of the most adverse economic crisis in the last 25 years, the Cuban authorities are facing a...
Electronic payments extended to grocery stores in Cuba
Almost all the grocery stores in the capital have payment facilities by quick response (QR) code, and there are plans...
Indian hotel chain to inaugurate new tourist facility in Cuba
The 514-room Gran Muthu Almirante Beach will open its doors on July 1, and will offer various attractions this summer,...
Cuba: crisis of an industry that doesn’t take off
The emblematic Cuban sugar industry has been affected in the last six decades by many factors. Of the 156 sugar...
Spanish court shelves lawsuit against Meliá for two hotels in Cuba
The new resolution comes after the Provincial Court of the Balearic Islands (Mediterranean) ordered the reopening of the case to...
Trust Investing in Cuba: opportunity or scam?
In Cuba, with an increasingly affected and battered economy, the promise of generating passive income seduces thousands of people towards...
More than 80% of the CUC in hands of Cuban population collected to date
Marino Murillo, the head of the Guidelines Implementation Commission, said in a tweet.
Private businesses in Cuba register slight increase in exports
The services sector stands out as one of the main forays into the international market, the general director of Foreign...
Cuba again postpones its International Tourism Fair due to coronavirus
“The new date for holding it will be notified in a timely manner,” said a statement from the Ministry of...
Director in Cuba of Trust Investing cryptocurrency platform arrested for alleged illicit economic activity
According to Ruslan Concepción’s family, he was detained at the airport when he was preparing to travel to Russia, after...
The largest creditor of Cuba’s debt proposes substantial reduction
This proposal would represent a 60% reduction in the net present value of Cuba’s debt to the London Club.
“Don’t kill the messengers, they bring love and support”: leading women in bicycle messaging services in Cuba
Several bicycle messaging networks have begun to circulate in Havana because of the pandemic, adapting a philosophy of life and...
After a year of interruption, flights between Russia and Varadero resume
Air connections between Moscow and Cuba’s main sun and beach destination were officially reestablished this Sunday, with a flight from...
Cuban government on private sector: “we all have the responsibility to build a prosperous and sustainable socialist society”
A meeting of self-employed workers, non-agricultural cooperatives and executives of the state business system with representatives of the government, the...
Cryptocurrencies in Cuba: the digital gold rush
The Bachelor of Economics Juan Alejandro Triana talks about the realities, opportunities and risks of the use of cryptocurrency in...
Expansion of private sector in Cuba
A regulatory framework is needed that, instead of exclusive restrictions, allows the deployment of the private sector’s potential for the...
More than 1,700 private sector import and export contracts in Cuba
A total of 1,756 contracts have been registered, of them 1,669 for imports and 87 for the export of products...
Healthy and ecological: Cuban ventures in times of pandemic
Ecological and bio-healthy businesses are gaining more and more space and followers in Cuba as they try to survive in...
Cuba starts up its Foreign Trade Single Window “in the testing phase”
It does so eight months after its official launch, when, as reported at the time, the online registration of customers...
Flights between Moscow and Varadero will restart on April 1
According to the Cuban Embassy in the Russian capital, the beach resort located north of Matanzas is ready to receive...
Cuban private enterprise sells its “wooden” products in international market
Ecomadera Cubana was founded in 2014 by specialists Pavel Sánchez and Yoel Torres. The final product is obtained with recycled...
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