Business & Economy Archives - Page 5 of 213

How a Spanish Food Products Vendor Makes Big $$$ in Cuba

Their market is dollarized stores, tourist hotels, and warehouses controlled by the Cuban military conglomerate GAESA.

When I lost my job, due to that position I had bet on and that didn’t work out, I had to start looking quickly.

Economist Pedro Monreal believes the government doesn’t care about hotels, but rather about the real estate business of leasing them.

This deceptive narrative, common in official Cuban discourse and echoed by state media, omits key internal causes and distorts reality.

Things that happened in 1986 set future trends in motion. Sometimes what occurs beneath the surface has long-term effects.

The Baracoa Agroforestry Company sold tons of product stored for years to small businesses at double the price paid by the state company.

A foreign friend expressed her apprehension before accepting a trip to Cuba as a tourist. It was a country she had never visited before,…

“The always-antagonistic relationship between wages and inflation has taken on dramatic tones in daily life in Cuba.”

The price increase reduces online activity to the essentials and makes video calls an unreachable luxury for many Cubans.

In 2024, foreign currency sales for honey were estimated at 45 million US dollars for over 8,000 tons.