Archivo de Economy and Business

Archivo Economy and Business

Tourists in Old Havana. Photo: Otmaro Rodríguez.

Cuba lowers tourism forecast for 2018

Cuba lowered to 4,750,000 its forecast for international visitors in 2018, “a figure below what had been planned” initially, according to Manuel Marrero, the island’s minister of tourism, in a meeting with Cuban President Miguel Díaz-Canel. At the meeting, held … Continued

Por en Economy and Business

His Excellency Mr. Bader Abdullah Al Matrooshi, ambassador of the United Arab Emirates in Cuba. Photo: Otmaro Rodríguez.

Cuba and United Arab Emirates: a road of friendship

Although geographically and culturally far away, Cuba and the United Arab Emirates (UAE) have been building close relations in recent years. This nation on the Persian Gulf has a high socioeconomic level, in principle boosted by its gas and oil … Continued

Por en Economy and Business

Photo: Otmaro Rodríguez.

Trump Measures Have Affected the Very Cubans He Meant to Benefit

The 56.6% drop in arrivals of U.S. visitors since the restrictions imposed by the Donald Trump administration in June 2017 boosted a 7% contraction in the total of foreign visitors in the first three months of 2018, according to official … Continued

Por en Economy and Business

Photo: Azutecnia.

Azutecnia: Innovations in Cuban Sugar Agribusiness

The AZT-6000 machine, designed and built in Cuba and currently being used in the preparation of the country’s sugarcane fields, guarantees a fast sowing, with greater efficiency and less use of human resources. This sugarcane sowing machine is the crown … Continued

Por en Economy and Business

Photo: Otmaro Rodríguez.

Cruise Tourism to Cuba: the Sweet and the Sour

On Friday, April 27, the book Por el Mar de las Antillas: 50 años de turismo de cruceros en el Caribe, by Martha Honey, Jannelle Wilkins, José Luis Perelló and Rafael Betancourt, was presented in Havana. Brought out by the … Continued

Por en Economy and Business, Magazine articles

The Carnival Sunshine will be the largest cruise ship to travel to Cuba. Photo: travelweekly.com

Carnival announces more trips

  The U.S. Carnival cruise company continues betting strong on Cuba and this week announced new itineraries to the island for 2019 and 2020. The principal novelty will be the arrival of the Carnival Sunshine, the largest cruise ship to … Continued

Por en Economy and Business

The Victory Cruise Lines’ ship Victory I. Photo: cruisemapper.com

The Victory I arrives in Havana

  The Victory I, of the U.S. Victory Cruise Lines (VCL), last Wednesday made its first stopover in Havana after a tour of several Cuban cities on its maiden voyage to the island. VCL is the fifth U.S. shipping company … Continued

Por en Economy and Business

Photo by Claudia Garcia

Tourism in Cuba, how is it going?

The Cuban economy’s locomotive – tourism – is still running, but the number of wagons it has to pull and the speed it has been forced to maintain is concerning. Last 2017 the island received 4,689,895 international visitors, representing an … Continued

Por en Economy and Business

Model of the hotel, very near to the Habana Libre.

Havana’s highest hotel to be built

The construction of what will be the highest hotel in Havana will begin this very year and will be located on the centric 23rd Street between K and L, in El Vedado. According to what Deysi Malvares, director of development … Continued

Por en Economy and Business

Photo by Claudio Pelaez Sordo

Five million cell phone lines in Cuba

The Cuban ETECSA telecommunications company reported that there are five million active cell phone lines on the island, a figure that confirms “the growing evolution of mobile telephony” in the country, where a decade ago it was forbidden for Cubans … Continued

Por en Economy and Business

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