Articles of Economy

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Cuban tobacco industry moving forward

tabaco producción

The state enterprise group Tabaco de Cuba (Tabacuba) is undertaking an extensive program of construction and modernization of its industrial facilities, putting the company in a better position to meet the demands of the local and international markets, with a more a efficient, competitive, and sustainable performance.

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Increased food production needed

Agricola produccion artemisa

With the goal of reviewing the organization of contracting, collection, and distribution of agricultural products in the province, José Ramón Machado Ventura, second secretary of the Party Central Committee, met with agricultural leaders here yesterday, May 18.

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New measures to gradually increase Cuban’s purchasing power

mdidas precios tiendas

In line with information published on April 22 and May 3 and continuation of measures to gradually increase Cubans’ purchasing power, the following measures will be implemented beginning today, May 17, 2016:
Price reductions on the following products sold in Cuban Convertible Pesos (CUC)

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Tourism in Cuba: A (re) encounter with culture and comfort

Turismo mexicana alimentos

Mexican Fabiola Fuentes, Unilever Food Solutions’ chef for Latin America’s northern region and Cuba, explained that she promotes the company’s convenience foods. As the best attended edition of this leisure industry event came to a close, reports indicated that more than 5,000 individuals from 59 countries had participated in the 36th International Tourism Fair, FITCuba 2016.

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Drought continues to affect Cuba

agua potable

Some one million people are currently affected by the drought situation in Cuba, which has been impacting the island since the end of 2014, sources from the National Institute of Water Resources (INRH) reported in the capital.

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New measures announced to regulate prices of agricultural produce

Cuba Piñas

In a press release published on May 3 in the national press, the ministry notes that in order to gradually increase the purchasing power of the Cuban peso (CUP), a series of measures were taken to increase supplies of agricultural products in high demand and set maximum prices.

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Cleber tractors, engines of change between Cuba and the United States

Tractor Cleber USA CUba

“All our lives we have been used to being called revolutionaries,” Saul Berenthal and Horace Clemmons respond almost in unison, the founders of a tractor company seeking to build the first U.S. plant in Cuba since January 1959.

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Iberia names new airbus “La Habana”

iberia airlines

Spanish airline Iberia has named its latest Airbus A330-200 “La Habana”, to mark the 70th anniversary of its first flights to Latin America, the company reported on April 4.

Opinions »

Obama and the Cuban economy: Understanding what wasn’t said

viva-cuba-libre-para inglés

I had the chance to participate in various meetings with the delegation that accompanied President Obama [to Cuba] and hear him speak three times; and now I feel a need to share my interpretation of what he said, and also what he didn’t say— since in politics what is left out is often as important as what is said.

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Light industry conference in Cuba attracts international experts

Industria ligera Cuba

Business leaders from Latin America, Europe and Asia are planning to attend Cuba’s 2nd Congress of Fashion, Furniture & Interior Design , Fimae 2016, scheduled to take place this coming June.