Business & Economy

Mexican Restaurant Takes Off in Havana

Andrés Buenfil, a businessman from the Mexican Yucatan who has visited Cuba regularly since 1988, has always been taken aback by the fact that our country lacks a good Mexican restaurant. Nonetheless, many friends and acquaintances advised him against the venture, but Andrés had already made up his mind.

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Brazilian Bank Lifts Veil Surrounding Cuba Loans

The National Bank for Economic and Social Development of Brazil (BNDES) has put an end to the secrecy surrounding its contracts and divulged classified information about loans advanced to Cuba, including a more than US $680 million investment destined to the Mariel Port mega-project.

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Where Does the Cuban Economy Go from Here?

Juan Triana, a researcher for the University of Havana’s Center for Study of the Cuban Economy, delves into the main issues facing the country’s economy today, including tourism, foreign investment, Internet, and whether it is feasible to follow the Chinese or Vietnamese models.

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Less Cubans Going to Cinemas/Theaters

Cubans appear less and less interested in going to the movies, visiting museums, going to libraries or seeing stage plays – activities that are no longer among families’ entertainment or educational priorities. However, visits to art shows and attendance at dance music performances is up.

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USA Opens Up Boat Travel to Cuba

Several Florida based companies will be racing to be the first Ferry line to travel to Havana after the US Treasury Dept. approved such trips on Tuesday. The first trips could come in a matter of weeks. Industry experts say travel by boat will be less expensive that flights and also provide the passenger with the ability to bring greater baggage weight.

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