Business & Economy Archives - Page 85 of 195

Cuba Hosts Delegation of 96 US Farm Sector Businesspeople

The US agricultural entrepreneurs arrived today in Cuba to probe the market possibilities and “send a message” to advocate for an end to US embargo against the island.

Extra-long Express Bus Tested in Havana

The Cuban Ministry of Transportation’s Trans-Metro company has been operating a new articulated bus to improve the Santiago de las Vegas – Vedado service in Havana since December 22 of last year.

US Embargo Shafts Cuban Players

The US $102,000 that should have gone to Cuba’s Pinar del Rio team, champions of the Caribbean Series 2015, will not be collected by the players. And no bonuses will go to the four Cubans on the tournament’s All-Star team, prizes that they won fairly at Hiram Bithorn Stadium in San Juan, Puerto Rico. The big political excuse used so far by the US institutions to avoid paying Cuban teams was that the money would end up in the hands of the government, not in the hands of the players, something no longer true.

US to Allow Certain Imports from Cuba

The United States government approved Friday the import of certain goods and services produced by the Cuban private sector, reported dpa. Now the ball is in the court of the Cuban government to decide whether to allow private producers to engage in exports, to date the sole domain of State companies.

South Korea Seeks Normalized Relations with Cuba

On Tuesday, the South Korean state insurance company K-sure, indicated it would provide the Central Bank of Cuba and the Banco Exterior de Cuba a credit line worth 60 million euros.

No Condoms in Pinar del Río

A shortage of condoms at pharmacies in the city of Pinar del Rio, the westernmost province of Cuba, shows once again the perils of the island’s centralized purchasing and distribution networks.

Cuba Exports Millions in Marabou Coal

The once-hated marabou brush has become something of a commodity as a source of raw material for some Cuban farmers, who are using the plant to produce vegetable coal and export it to European countries for millions of dollars.

A Journey to the Enchanted Land of Havana’s Food Fairs

As if by magic, something of an “enchanted isle” tends to appear in Havana on the last Saturday of every month. This time around, the magic domain emerged on Zanja, between the streets of Belascoain and San Francisco.

The History and Future of Cuba–China Ties

Fifty years ago, China was still very far away from the Caribbean. It had no visible economic development or any evident reason to buy or invest in Latin America. Though its geographic distance from this part of the world hasn’t decreased, today our markets are moved by its trade, cooperation initiatives and investments.

US Airlines on Stand-by to Fly to Cuba

The day that any US citizen can book online a seat on a commercial flight to Cuba on a US airline is getting closer with the recent diplomatic thaw between Washington and Havana and the partial lifting of restrictions on trips to the island, reported dpa news.