Archivo de Economy and Business

Archivo Economy and Business

Juan Pablo Fung, a young Cuban entrepreneur who is trying to pave his way from China. Photo: dirstuff.com

Smart, Cuban clothes from China, what’s that?

“That all the friends share, that the rumor gets out, that the world finds out about the Smart-T-Shirt,” is what a 28-year-old Cuban wants today. He lives in China, from where his grandfather got to the island many years ago, … Continued

Por en Economy and Business

Javier dreams of a 50-year rum, an aged spirit that perhaps he’ll never see. Photo: Glendy Hernández.

A father of Cuban rum

  Javier dreams of a 50-year rum, an aged spirit that perhaps he’ll never see. “I would need 20 more, but it satisfies me to think that one day it will be done and when someone tastes it he will … Continued

Por en Economy and Business

A Cuban wins MIT Technology Review award

A Cuban from Cabaiguán, Alexander López Savran, was one of the Latin American innovators less than 35 years old who won the prize in 2017 of the MIT Technology Review in Spanish, property of the famous Massachusetts Institute of Technology. … Continued

Por en Economy and Business

Nature is one of Viñales great values. Photo: Guillermo Seijo.

The overexploitation of Viñales

  Viñales Valley, one of the star zones of Cuban tourism, is being threatened “by violations, illegal activities and uncontrolled overexploitation,” which has made it necessary to adopt measures for its protection, according to what the Cuban daily Juventud Rebelde … Continued

Por en Economy and Business

Photo by Alain L. Gutiérrez Almeida

Businesswomen denounce damage to Cuban families

A not so good year is coming to an end for Cuba compared to 2016, which was strident and promising: we came close on the list of successes. Havana was visited by Francis and Kiril, the Rolling Stones, Chanel, Fast … Continued

Por en Economy and Business

U.S. cruise ships have been regularly visiting Cuba since 2016. In the photo, the Oceania Cruises flagship in the bay of Santiago de Cuba. Photo: Claudia García.

Traveling to Cuba

  The Obama administration started modifying the Cuban Assets Control Regulations (CACR) based on its policy objectives: “getting involved with and empowering the Cuban people,” “increasing contacts to support Cuban civil society” and “promoting the independence of citizens from the … Continued

Por en Economy and Business

A “marked decrease” of U.S. visitors in recent weeks has been one of the first adverse effects of the current U.S. policy toward Cuba. Photo: Marita Pérez Díaz.

Change in U.S. policy toward Cuba “already being felt”

The first adverse effects of the change in U.S. policy toward Cuba “is already being felt,” Josefina Vidal, general director for the United States at the island’s Foreign Ministry, stated last Friday. At the closing of a seminar on relations … Continued

Por en Economy and Business

Photo by Desmond Boyle.

Private workers propose dialogue

A group of 43 Cuban private workers has addressed a letter to Cuban Minister of Labor and Social Security Margarita Marlene González, and after more than 70 working days they have not received a reply. Last August 21, after the … Continued

Por en Economy and Business

Foto: Roberto Carlos Medina / Trabajadores.

“Upgrading” of all Cuban enterprises

Cuban state-run enterprises will be more independent from the State although they will be under the charge of the Council of Ministers, after the coming into force of new regulations seeking to improve the management and efficiency of the country’s … Continued

Por en Economy and Business

Photo by Claudia Garcia

Cuba: a billion for cruise and airline companies

Cuba will become a market of close to a billion dollars for U.S. airline and cruise companies, according to the projections of 2017, 2018 and 2019 of the U.S.-Cuba Trade and Economic Council. According to a report published this Monday, … Continued

Por en Economy and Business

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