Business & Economy

Starting tomorrow, December 20, new regulations will come into force pertaining to Cuban credit policy and other banking services. Those prioritized will be self-employed workers, farmers and those people seeking to build or repair their homes by their own means.

Nearly a dozen hotels at the Varadero beach resort recorded economic losses in 2011. This information was made known yesterday in a meeting of the tourism workers’ union in the province of Matanzas.

The Cuban firm Labiofam recently presented its products in the Mongolia capital of Ulan Bator, including Vidatox-30CH, a complementary alternative for the treatment of cancer.

The proposed tightening of travel restrictions to Cuba on Cuban-Americans was withdrawn by members of the US House of Representatives and the Senate Appropriations Committees.

Tourism, oil, mining and energy are priority sectors in the development of foreign investment in Cuba, reported the weekly magazine Opciones yesterday.

The road along the south-eastern coast between Santiago de Cuba and Granma provinces is currently undergoing construction work that involves significant financial investment.

So far Canada has been the largest source of visitors to Cuba, with more than 820,000 visitors; followed by England, Italy and Spain. Behind those three countries are France, Germany, Argentina, Mexico, Russia and Venezuela.

Production has been at a standstill since August at the bathroom fixture plant run by the Empresa de Ceramica Blanca in San Jose, in the province of Mayabeque. A delay in the import of gypsum has prevented the production of 20,000 hospital fixtures.

The Cuban government issued a report on state spending for the campaign against the “Aedes aegypti” mosquito, the transmitter of the dengue plague that affects the Cuban people.