Business & Economy Archives - Page 102 of 207

Cubans Can Now Have Three Mobile Phone Lines

Cuban authorities announced they will allow citizens to hire up to three cell phone lines as part of their effort to open up telecommunications services, reported dpa news.

Mexico Firm Invests in Flexible Packaging for Cuba

The Mexican firm Industrial Expomayab is investing in a company engaged in the production of flexible packaging for dairy, food and cosmetics in Cuba, revealed Saturday at the International Havana Trade Fair.

China Seeks Greater Investment in Cuba

China on Monday called for greater trade and investment between the two countries during a meeting of the Bilateral Business Committee, held in the context of the International Fair of Havana, FIHAV 2014.

New Flight from Germany to Varadero

The German airline Condor has added a another weekly flight from Cologne to Varadero, said a statement from the Ministry of Tourism.

Cuba in Search of Billions in Investments

Juan Triana is one of Cuba’s most renowned economists. Some of his lectures are passed around by Cubans on flash drives. Before Raul Castro’s reforms began, his opinions and those of his colleagues at the Center for the Study of the Cuban Economy sparked off considerable controversy.

US Fines Miami Co. for Reimbursing Expenses for Medical Services in Cuba

The BUPA Florida group associated with a large international health insurance consortium, agreed to pay a fine of US $ 128,704 dollars for transactions that allegedly violated the rules of the Treasury Department for providing coverage for people listed as drug traffickers [not-Cuba related] and reimbursing expenses to a customer who received medical treatment in Cuba.

Cubans on the Frontline Against Ebola

Many people react with admiration to the honorable gesture of the Cubans. The medical mission will expand to more than 400 in the coming weeks. They will remain in place for at least six months.

NYT Calls for Cuba Policy Change

The New York Times, the most influential US newspaper, asked President Barack Obama to reflect seriously on ending the half-century-plus embargo on Cuba calling it counterproductive to promote democratic change on the island.

Santiago de Cuba’s Rum Museum

Santiago de Cuba’s Rum Museum is a place no visitor will want to miss. Located at the downtown intersection of San Basilio and Callejon de Carniceria, it is housed by an old, residential mansion built in 1889. The museum affords us a trip across the history of rum making. (27 photos)

Cuba’s Mad Array of Exchange Rates

True monetary unification will be difficult to achieve in Cuba. The steps taken so far, coupled with what we know about how the Party-State operates, suggest we will continue to see the opportunistic use of multiple exchange rates.