Chinese Electric Vehicles Sold in Cuba by Finauto International

Chinese Electric Vehicles Sold in Cuba by Finauto International

Finauto International, the official dealer of Kia Motors in Cuba, marks a new era in the Cuban automotive industry with the arrival of electric cars from China. These vehicles, aimed at the country’s flourishing private sector, offer a range of prices fluctuating between 9,000 and approximately 12,000 euros. Luis Carlos Góngora Domínguez, Vice President of…

Cuba: Rationed chicken to be limited to children under 14 and medical diets

Cuba: Rationed chicken to be limited to children under 14 and medical diets

The food crisis in Cuba continues to worsen. The Ministry of Domestic Trade (MINCIN) has indirectly announced that the distribution of rationed chicken through the rationing booklet will be limited only to children under 14 and medical diets during the month of May. The measure comes as a result of the growing food shortage and…

Italian firm Italsav to open a shopping mall in Havana

Italian firm Italsav to open a shopping mall in Havana

Italian company Italsav has announced the upcoming inauguration of a jointly managed shopping mall in Havana, Cuba. Berto Savina, the owner of Italsav, was quoted by ANSA news agency as saying that the mall will open in September and that sales and personnel will always be under the control of the Cuban State, while the…

Western Union Expands Its Money Remittance Services to Cuba and Will Allow Digital Transfers

Western Union Expands Its Money Remittance Services to Cuba and Will Allow Digital Transfers

Western Union announced on Thursday that it will extend its money transfer services to Cuba through thousands of points of sale in the United States and its digital platforms. The company made this announcement in an official statement. Last year, Western Union initiated a pilot program to resume money transfer services to Cuba after a…

Martha Sabina Wilson González Dismissed as Minister President of Central Bank of Cuba

Martha Sabina Wilson González Dismissed as Minister President of Central Bank of Cuba

The Central Bank of Cuba (BCC) has undergone a change in leadership following the dismissal of its presiding minister, Martha Sabina Wilson González. After four years in office, she has been replaced by Joaquín Alonso Vázquez, who until now served as the president of CADECA, the state-owned exchange company. The Council of State announced this…

Western Union resumes sending remittances to Cuba

Western Union resumes sending remittances to Cuba

After an interruption of more than two years, Western Union has quietly resumed quietly and, on a trial basis, its remittance services from the United States to Cuba. Gabriella Fitzgerald, president of Western Union’s North American division, stated, “It is with great pleasure that we announce the resumption of our Cuba operations with an initial…

Western Union may resume sending remittances to Cuba

Western Union may resume sending remittances to Cuba

It appears that Western Union is set to resume sending remittances to Cuba. The company’s app has reinstated the option to send money to the island, media outlet Proyecto Inventario noted on Twitter. On Western Union’s website, the only remittance destination to Cuba available is the Guantanamo Naval Base, a U.S.-occupied territory in Cuba. Western…