The oil rig that will be involved in the offshore drilling project in Cuba, led by the Spanish multinational Repsol, arrived Thursday off the coast of Havana. The moveable rig was built in China at a reported cost of $750 million USD.
Read MoreThe Communications Ministry issued two resolutions this week to reduce the cost of cellphone messaging within Cuba and eliminate the charge on receiving phone calls. Other existing fees will remain unchanged: Sending SMS abroad will continue to cost 1.00 CUC, while receiving messages — both locally and internationally — will remain free.
Read MoreAt least 4,900 Cubans applied for home improvement grants or loans from the government on Monday, the first day that this program began operation.
Read MoreThe first air link between Washington and Havana will begin on March 21, announced William Hauf, the president of Island Travel & Tours. Currently seven airports in other US states provide this service, while ten others have been allowed to establish air links with the island.
Read MoreHundreds of thousands of Cubans will begin filling out tax returns, a new activity for citizens who have lived half a century without paying taxes in a country where even today the majority of the population is exempt.
Read MorePresident Raul Castro said yesterday, after bidding farewell to visiting Iranian President Mahmoud Ahmadinejad at the Havana airport, that the Cuban government will comply fully with the economic program approved by the Communist Party Congress held this past April.
Read MoreThe Ministry of Construction of Cuba announced today plans for important infrastructure improvements which will include the construction of new factories for the production of building materials.
Read MoreThe recently completed La Pasa bridge now connects Cayo Coco, Cayo Romano and Paredon Grande — which are islets that make up the Jardines del Rey tourism complex on the northern coast of Ciego de Avila Province.
Read MoreCuban President Raul Castro said today that his government “will comply with the entire program” of reforms approved at the last Congress of the Communist Party of Cuba. However he lowered expectations around the “First Party Conference,” to be held on January 28 and 29.
Read MoreThis year the Cuban government will provide up to 160 million pesos ($8 million USD) in subsidies aimed at supporting the construction or repair of houses for the needy, reported the Trabajadores newspaper.
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