Nine years after having stopped operations, the pasta and candy plant in the eastern city of Santiago de Cuba reinitiated its productions as part of a state program to reactivate food processing industries.
Read MoreThe installation of the underwater fiber-optic cable that will join Cuba and Venezuela will begin on October 14, informed Jesse Chacon, minister of Science, Technology and Basic Industries of Venezuela. The official said the new connection would be operating in two years.
Read MoreCuba managed to reduce its oil consumption by half the excess beyond its budget possibilities, but inconsistent application of measures have so far kept it from reaching its savings goal. The information came Monday from Yadira Garcia, minister of Basic Industry.
Read MoreCuban tourism officials have decided to open the doors to travellers who are seeking something more than a good tan. “We have four well-appointed hotels for nature-loving tourists, interested in hiking, bird-watching, diving or sport fishing,” Estanislao Rodríguez, commercial director of the tourist outfitter Cubanacán in the Cienaga
Read MoreCuba and Vietnam signed an agreement Monday through which the Asian country – will assist Cuba to increase its rice production. Vietnam is one of the world’s top five rice producers and the third leading exporter of the grain after Thailand and India and ahead of the United States.
Read MoreThe Zaza Dam, Cuba’s principal reservoir, is currently at only 21 per cent of its capacity, due to the deficit in rainfall. The drop in water level could affect the Sur de El Jibaro rice complex, in the central province of Sancti Spíritus
Read MoreCuba confirmed today its participation in the Shanghai 2010 World Expo, in which it will have a 500-square-meter stand with a display of its principal products and its culture, reported IPS. An architect and representatives of the Chamber of Commerce will arrive in October to that Chinese city to start the assembly of the Cuban pavilion.
Read MoreA Boulder, Colorado company was the latest to be fined as a violator of the US blockade on Cuba. Technically speaking, Platte River Associates, was punished for “trading with the enemy,” and fined US $14,500 “for working on a project that involved Cuba.”
Read MoreThe Spanish chain Iberostar Hotels & Resorts announced the opening of its sixth hotel on the peninsula of Varadero, Cuba’s leading beach resort, located 75 miles from Havana. The Laguna Azul (Blue Lake) Hotel is a five-star facility with 814 rooms.
Read MoreCuban authorities decided to cancel the operating license of the Dutch bank ING Barinas and the mixed enterprise comprised of the bank and Cuba under the name of Netherlands Caribbean Bank N.V., informed the Central Bank of Cuba. The closure was justified by the fact that ING Barinas has for some time stopped carrying out business on the island.
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