Business & Economy

Cuban authorities have made the job of real estate agent a legal private economic activity instead of the tolerated illegal job it has been for many years in the swapping and sale of homes, reported dpa news.

Representatives of the Center for the Promotion of International Trade and the China Development Bank expressed interest in establishing Chinese factories at the Mariel Special Development Zone, at a seminar hosted by Cuban authorities Wednesday in Beijing.

The Empresa Industria Electrónica de Cuba has been producing since July a television set that receives digital and analog television signals indiscriminately, engineer David Perez Cruz told the Cuban Information Agency .

With the opening in the eastern province of Guantánamo of a new factory for the production of bottled water, Cuba “could gain a place in the Caribbean basin market,” notes Trabajadores weekly.

Cuban authorities issued new rules on Tuesday to regulate the special economic zone around the port of Mariel, west of the capital, seeking to boost foreign investment and the nation’s depressed economy.

After returning from a visit to Cuba, Ecuadorian president Rafael Correa announced Saturday that he hopes to bring 1,000 Cuban physicians with different specialties to Ecuador, reported El Universo online. He said the cost would be US $30 million a year, averaging US $30,000 per doctor.

President Raúl Castro of Cuba today signed the decree-law that created the island’s first Special Zone of Development, in Mariel.

The Council of State of Cuba, met on Thursday in the capital and passed a Decree/Law for the Mariel Special Development Zone, destined to become the main inport/export gateway for Cuba’s foreign trade, said Granma newspaper.

The Canadian 360 Vox Corporation sued a US golf company for trying to prevent the use of the PGAL British brand in tourism projects in Cuba, Prensa Latina reported.

Authorities in Cuba’s province of Sancti Spiritus have announced that a region-wide police offensive has resulted in the prosecution of nearly three hundred citizens who had participated in illicit business activities.