Canadian tourists return to Varadero
The news coincides with the announcement of the suspension of national tourists’ entry to the island’s hotels in its main...
Successive spaces
“Simple functional schemes, refined forms, study of natural light and ventilation, main incorporation of vegetation, work with noble materials, contemporary...
Varadero could become a digital city in 2025
The project, developed by the Parque Científico-Tecnológico de Matanzas, has three main stages, the first of which, currently underway, “pursues...
Unraveling suspension of cash dollar deposits in Cuban banks
Analysis of the Cuban Emeritus Professor of Economy on the recent measure.
Cuba: creation of micro, small and medium-sized enterprises announced for August-September
Minister Alejandro Gil Fernández explained that the conditions are currently being created for the design of legal norms, which still...
Cuba: prepaid cards in freely convertible currency for tourists in Varadero and Cayo Coco
Designed by the Cuban Credit and Commerce Bank (BANDEC), this product is initially aimed at international travelers not residing on...
Omar Everleny: “dollars will always be a means treasured by private businesses”
“There are several options that the State knows can be put in place in the shortest possible time.”
Travelers arriving in Cuba as of June 21 will not be able to use dollars in cash
The measure, announced on the Mesa Redonda television program, applies to both foreigners and Cuban residents abroad.
Dollars versus euros? Economists give their opinion
On the measure announced this Friday by the Cuban government to temporarily suspend the acceptance of USD in cash in...
Cuba and Paris Club modify debt agreement, according to Cuban media
Deputy Prime Minister Ricardo Cabrisas and main negotiator of the island’s foreign debt, and Emmanuel Moulin, general director of the...
Cuba “temporarily” suspends cash deposits in dollars
When announcing the decision, the Central Bank of Cuba (BCC) affirmed that it is made “in view of the obstacles...
National travel agencies to have primacy in tourist services in Cuba
Resolution 132/2021, published in the extraordinary Gaceta Oficial 46, indicates that national travel agencies are the only ones authorized to...
Cuban government approves small and medium-sized private enterprises, but with limitations
In the midst of a deep economic crisis aggravated by the COVID-19 pandemic, Cuban Prime Minister Manuel Marrero insisted that...
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...
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