Business & Economy

The new cooperatives (about 230 in the first phase) will not operate under the control of state enterprises and the prices of their products and services will be determined by market forces.

New studies and projects are underway in Cuba to promote the “social use” of the Internet and to reduce the costs of mobile phone services, said the Minister of Informatics and Communications, Maimir Mesa.

The study “The New Economy of Cuba and the International response” was distributed to the media Monday by the Brookings Institution, a self-described independent American think tank based in Washington, D.C. In the document, researchers allege that Cuban economic model is more harmful than the US blockade of the island.

Starting this week, the Aeroflot Company and other Russian airlines will be able to fly into several cities in Cuba – not just Havana.

Iberia Airline said on Friday it will suspend its flights to Santo Domingo and Havana starting on April 1, 2013, as part of its restructuring plan, reported Reuters.

The Canadian group of experts with Familles d’Aujourd’hui (Families Today) awarded the Intellichoix Prize in the category of “Caribbean Destination Tourism” to Cuba’s Sol Cayo Guillermo Hotel, which is located in the keys to the north of the island.

Clinical trials of Cuban biotechnology products for cancer treatment are being performed today in 12 countries, said Agustin Lage, the director of the Center of Molecular Immunology, when he spoke with the Prensa Latina news agency

The Cuban telephone company (ETECSA) announced that as of January 1, 2013, it will suspend collect-call service to Spain “for commercial reasons.”

The introduction of Vietnamese engineered technological improvements in the cultivation of rice has resulted in yield increases of 30 percent in areas where these were applied in the central Cuban province of Cienfuegos.