Archivo de News Briefs

Archivo News Briefs

Air China opens first direct route between Beijing and Havana

On September 28, 2015 the airline Air China will begin operating the first direct route between Beijing and Havana, EFE news agency reported. The flights will run three times a week and will feature a stop in Montreal, Canada. The … Continued

Por en Economy and Business, News Briefs

US agricultural businesses demand more trade with Cuba

A coalition of more than 30 companies and associations of food production and agricultural products from the United States was presented at the National Press Club in Washington, DC in support of the end of the US blockade and improving … Continued

Por en Economy and Business, News Briefs

Lavrov: “Our strategic partnership with Cuba is solid”

“It is significant that the US President has recognized the inefficiency of protracted attempts to “isolate” Cuba. One can only hope that Washington will soon realize the lack of prospects that exerting similar sanctioning pressure to other countries has. “ … Continued

Por en Economy and Business, News Briefs

Private sector pays 86.8 million dollars in taxes in 2014

Private workers and non-agricultural cooperatives contribute relatively liittle to the State Budget, but in 2014, they exceeded expectations of the Ministry of Finances and Prices. By paying 2.084 billion pesos the so-called non-state managing forms paid the government coffers 29 … Continued

Por en Economy and Business, News Briefs

French tourism will triple its presence in Varadero

The Transat France Group, one of the largest emitters of tourists to the island, opens today in Matanzas the first Francophone club Lookea in Cuba, said in a press release the Ministry of Tourism (Tourism). Located in the Meliá Peninsula … Continued

Por en Economy and Business, News Briefs

Foreign investment in Cuba, perspectives of Law 118

After almost a full semester of application, the Foreign Investment Law begins to demand new administrative and legal changes . This is confirmed by three complementary regulations published by the Official Gazette, which regulate wages in this activity, the tax … Continued

Por en Economy and Business, News Briefs

Workers of Foreign Investment: New wage regulations

New provisions on payment to workers in companies with foreign capital, their contribution to Social Security, and the functions of the employer entities will come into effect today as part of the regulations published in the Extraordinary Official Gazette No. … Continued

Por en Economy and Business, News Briefs

Why is Cuban rum good?

Cuba Ron just made official its Regulatory Council of the Protected Designation of Origin “Cuba” (DOP), which also govern the production, certify that these are indigenous and original of that name, in addition to offering consumers products with quality parameters … Continued

Por en Economy and Business, News Briefs

Cuban hotels received Excellence Awards from Condé Nast Johansens

The prestigious British guide Condé Nast Johansens, specializing in luxury travel, honored with the 2015 Excellence Awards two Cuban hotels, Meliá Buenavista and Paradisus Rio de Oro, both run by the Spanish Meliá Hotels and Resorts chain. Editors of prestigious … Continued

Por en Economy and Business, News Briefs

Cuban economy decreases and expects to grow: still unstable

The meager GDP growth in 2014 with the expectation of a significant leap for 2015, plus announcements of upcoming investments with greater impact on the national economy and measures that touch the serious housing problem, were central themes of the … Continued

Por en Economy and Business, News Briefs

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