Articles of Economy

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Cuba is getting ready for a small but more efficient harvest

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In mid-November, the sugar harvest should begin in Cuba in 23 sugar mills, a lower figure than in the previous contest, which “we must ensure that they are efficient, that they have a level of resources that guarantee stable production,” said the first secretary. of the Central Committee of the Party and President of the Republic, Miguel Díaz-Canel Bermúdez, during a meeting that evaluated the preparations for the 2022-2023 sugar harvest.

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Business Guide groups more than 370 thousand Cuban economic actors

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Some 370,000 economic actors are grouped in the Cuban Business Guide (www. Negocioscuba.cu), a directory that integrates all forms of management in the country, the result of an alliance between the National Association of Economists and Accountants of Cuba (ANEC), the Cuban Telecommunications Company (Etecsa) and the mipyme Dofleini S.R.L.
The platform has among its novelties the unique national classifier for all forms of economic management.

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Ministry of Economy and Planning approved 96 new economic actors

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The Ministry of Economy and Planning (MEP) today approved 96 applications for the creation of micro, small and medium-sized private companies. With this decision, a total of 4,955 economic actors have been approved since the process began in September 2021. Of these, 4,846 are private MSMEs, 51 state MSMEs, and 58 non-agricultural cooperatives. By origin, 53% are reconversions of pre-existing businesses and 47% correspond to new ventures.

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Direct air routes between Cuba and Russia announced from October

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Russia and Cuba from next October 1 will once again be connected by direct air routes, which will reach the poles of Varadero and Cayo Coco, the tour operator Pegas Touristik reported. The entity detailed through a statement released by the Russian Tour Operators Agency that the program of flights with tourist packages is organized in association with the airline Nordwind Airlines. He also added that the destination of the Cuban resort of Varadero will be the first to be available to vacationers from the Eurasian nation, with a frequency of four per week, on the Moscow-Varadero route served by Boeing-777-300ER aircraft, with estimated travel time of 13 hours.

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Cuba and Vietnam in a position to strengthen ties

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Cuba and Vietnam have all the factors and conditions to further strengthen their fraternal ties of brotherhood, the island’s ambassador, Orlando Hernández Guillén, affirmed this Saturday in Hanoi. “The spirit of independence, resilience, equitable and mutually beneficial cooperation for the cause of the revolution of each country and as a contribution to peace, stability, cooperation and development, are bases on which to support the strengthening of bilateral ties. “, he pointed.

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Tourism in Sancti Spíritus puts its foot on the accelerator

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The tourist operation in the province of Sancti Spíritus recovers progressively. The symptoms of this revival are evident: the number of national and foreign visitors who return to hotel facilities and rental houses is growing as confirmation of the takeoff of services and also of a fundamental activity for the advancement of the Cuban economy. During the months of July and August —coinciding with the summer season— the presence of tourists increases, particularly in the city of Trinidad.

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Cuba participates in a meeting of the Eurasian Intergovernmental Council

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The member of the Political Bureau and Prime Minister of the Republic of Cuba, Manuel Marrero Cruz, participated virtually in the session of the Eurasian Intergovernmental Council, which took place in the city of Cholpon-Ata, Kyrgyzstan, on August 25 and 26 . In his speech before the prime ministers and heads of delegations of the member states and observers of the Eurasian Economic Union, the Cuban Head of Government ratified the political will to deepen relations with the nations of the Union.

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Another formula to sweeten the bitter taste of coffee

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Its defenders maintain that there is nothing sweeter than bitter coffee. With the substantial increase in purchase price, it certainly tastes sweeter to growers. The ones who really find it bitter are the processing companies, since this measure has generated losses, which they will have to compensate for in an unusual way. In the Artemiseña company located in Bahía Honda, they also make charcoal, collect palm kernels, sell yaguas, rice, mameyes… to improve their income.

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How was the beginning of the sale of foreign currency in three Havana cadecas?

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This Tuesday, August 23, the sale of foreign currency began in 37 cadecas throughout the country, as part of the implementation of the foreign exchange market. At the Round Table on Monday 22, the Vice Prime Minister and Minister of Economy and Planning, Alejandro Gil Fernández, and the Minister President of the Central Bank of Cuba, Marta Sabina Wilson González, explained the operation of this exchange mechanism that complements the purchase of currencies, initiated on August 4.

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Tapia Fonseca checks the preparations for the sugar harvest in Villa Clara

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Despite the lack of material resources, solutions must be encouraged from the productive base, exhorted Jorge Luis Tapia Fonseca, Cuban deputy prime minister, when verifying the progress of the repairs in the sugar mills during meetings with managers from the province of Villa Clara committed to the realization of an agro-industrial efficiency harvest. The sector has to “work like a family, without distortions and inaccuracies, and with a different perspective on direct links between producers and service entities.