Business & Economy Archives - Page 102 of 206

State Company Recognizes Adulterated Havana Club Rum

Cuba’s CIMEX corporation recognized that one of its establishments was selling adulterated bottles of the popular Havana Club rum, the government’s website CubaDebate reported.

New Buenos Aires to Havana Flight

Aerolineas Argentinas (AA) will start a new service from Buenos Aires to Havana on Sunday January 4, 2015, confirmed the head of the airline, Mariano Recalde on Monday.

Havana Airport Reopens: The Outcry Was Felt

The Cuban government heard the voice of the public and reopened terminal 3 at the Jose Marti Airport to people sending off or receiving travelers. Cyberspace had filled with protests after the closing of the facility.

What Will Change in Cuba’s Economy with Murillo’s Re-Appointment?

Are there reasons to believe a change in Cuba’s economic strategies is coming, or is this merely a cosmetic change in the high spheres of power?

Cuba Sentences Canadian Businessman to 15-years in Prison

Canadian businessman Vahe Cy Tokmakjian, 74, president of the Tokmakjian Group, was sentenced to 15 years in prison by a Cuban court on charges of corruption, trafficking hard currencies and tax evasion conducted on the island. Two other Canadian citizens and board members of the Tokmakjian Group in Cuba, entrepreneurs Claudio Franco and Marco Vinicio Vetere Puche Rodríguez, were sentenced to 12 and eight years in prison, respectively.

Cuba Perfume Scandal Takes New Turn

The work of the alternative online media had a strong impact at the highest levels of the Cuban government with the news about the new perfumes “Ernesto” (for Che Guevara) and “Hugo” (for Hugo Chavez) .

Cuba Telephone Co. Suspends Voice Mail

Cuba’s state telecommunications monopoly (ETECSA) suspended its voice mail service until further notice, after a massive fraud in the charging of its customers became public.

Cuba Ups to 461 MDs to Fight Ebola

Cuban authorities plan to raise the number of Cuban doctors heading for Africa to fight the ebola outbreak to 461, reported dpa news. Most of the Cubans will arrive to Sierra Leone, Liberia and Guinea in October.

Che and Chavez Colognes: Inexplicable Fragrances

Cubans of any political creed have been startled by the news that the state-owned company Labiofam has launched two new colognes made in Cuba. The new fragrances are labeled “Ernesto,” for Che Guevara, and “Hugo,” for Hugo Chávez.

Raul Castro Puts Cuba’s Economy Fully in the Hands of Marino Murillo

The government of Raul Castro named Marino Murillo, the so-called market “reform czar” on the island, the new Minister of the Economy, according to a statement read on state television today. He now holds practically all the posts for implementation and supervising the economy.