Sending money to Cuba from the United States can be a complicated task. Despite being two neighboring countries and the fact that millions of Cubans or Cuban descendants live in the United States, historical differences between the two countries complicate the transfer of funds to the island. However, due to the partial dollarization of the…
November 2, 2011 marked a before and after for real estate business and movements in Cuba. On that day, a decree law was published in Cuba’s Official Gazette (edition number 35 of 2011) allowing Cubans to buy, sell, donate, swap and award housing. Finally. One of the objectives of the law is to solve the…
Cuba’s Ministry of Energy and Mines announced on Sunday, March 20, 2022, the beginning of a process of the gradual recovery of its electricity generation capacity, affected days ago by failures in several thermal power plants. In a note published on its website, the agency said it is working continuously to incorporate the “Antonio Guiteras”…
The industrial-scale production of the first batch of national manufacturing of traffic light cabinets, control boxes and traffic light cards, which will allow achieving technological sovereignty in this area, considerable foreign currency savings and, once this work is consolidated, the development of speed radars and ethylometers, is among those planned for the second half of…
The University of Havana (UH) and the Canadian company International Zeolite Corp (IZC) signed on February 16, 2022 a contract for the production of fertilizers created by Cuban researchers, according to official Cuban media. According to a report by Prensa Latina news agency, the Canadian company would be in charge of producing the Nerea fertilizer,…
Cuba’s Ministry of Economy and Planning (MEP) approved on Thursday, January 20, 148 new applications for the creation of economic agents. Of these, 147 are MSMEs (micro, small and medium-sized enterprises), 146 private and one state-owned, and one non-agricultural cooperative. Through the Telegram platform, the Economic Actors Channel, of the MEP, reported that 1,619 economic…