“Today people will see price cuts take effect on 122 types of construction materials,” said Odalys Escandell, the first deputy minister of Domestic Trade, speaking before Cuba’s parliament on Wednesday.
Read MoreThe minister of the food industry reported that the failures in post-larvae production and catches resulted in lower-than-expected income from the seafood exports, whose costs exceeded plans by nearly 1,000 CUCs per ton.
Read MoreStanding committees of the Cuba’s National Assembly of Popular Power (parliament) is concluding discussions today around the plan for the country’s economy and the state budget law for 2012.
Read MoreThe possibility of Cuba becoming an oil-producing country is worrying politicians in the US. They have therefore begun putting pressure on those firms operating in Cuban waters, particularly the Spanish corporation Repsol, which will be the first to start drilling.
Read MoreStarting 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.
Read MoreNearly 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.
Read MoreThe 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.
Read MoreThe proposed tightening of travel restrictions to Cuba on Cuban-Americans was withdrawn by members of the US House of Representatives and the Senate Appropriations Committees.
Read MoreTourism, oil, mining and energy are priority sectors in the development of foreign investment in Cuba, reported the weekly magazine Opciones yesterday.
Read MoreThe road along the south-eastern coast between Santiago de Cuba and Granma provinces is currently undergoing construction work that involves significant financial investment.
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