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.
Read MoreJuan 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.
Read MoreThe Cuban Interests Section in Washington has finally found a bank, overcoming another obstacle to the resumption of bilateral relations with the United States, according to sources with the State Department, reported dpa.
Read MoreThe French-Cuban cooperation agreements encompass areas in the economy, sciences and the arts By Pilar Montes HAVANA TIMES — The
Read MoreCubans 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.
Read MoreThe US State Department is asking for more than $6 million to convert its Interests Section in Havana to an embassy and $528,000 for a new program called “Cuba Outreach Initiative,” budget documents show.
Read MoreSeveral 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.
Read MoreBuyers in Europe pay as much as 3,000 euros for a single ton of ecological honey, free from chemical residues, processed and sold at a plant in the city of Sancti Spiritus in central Cuba.
Read MoreJapanese Foreign Minister Fumio Kishida’s visit to Cuba came to an end today with benefits for the two countries: the issuing of credit lines and donation of medical equipment to State companies on the island and the opening of its market to Japanese investors and companies.
Read MoreThe President of the Cuba-Japan Economic Conference, Tomoyoshi Kondo said in Havana that once the issue of the Cuban debt is solved, the two countries will be able to “discuss and talk about the future.”
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