![There is currently a high perception of alarm about the incidence of COVID in Cuba, not only among the Cuban population but also abroad. What are the causes? The issue is multi-factored and not due to a single reason. The first cause is related to the health care system in Cuba. Serious diseases do not have a prolonged incidence in the population on the Island. The second cause is the powerful immunization program created in 1962. Communicable diseases – including […]](https://www.cubabusinessreport.com/wp-content/uploads/2021/06/covid-in-cuba.jpg)
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![Scientist Marta Ayala has just informed Cuban President Miguel Diaz-Canel that the ABDALA vaccine show 92.28% efficacy in phase III clinical trials with three-doses carried out on the Island. The Cuban president commented: “I am thinking of Martí, who wrote: “it is not the intelligence received and casual what gives man honor; but the way he uses it and saves it, there is only one way to endure and that is to serve.” The Abdala vaccine was developed by the […]](https://www.cubabusinessreport.com/wp-content/uploads/2021/06/Cuban-vaccine-demonstrates-high-efficacy.jpg)
![Cuba’s Soberana vaccine candidate has demonstrated a 62% efficacy rate in a two-dose schedule, BioCubaFarma announced on Saturday. Results are pending for the third dose with the Soberana Plus booster. “In a few weeks we should have the results for the efficacy with three doses which we expect will be superior,” said Vicente Vérez, director of the Finlay Vaccine Institute, which developed the Soberana 2 vaccine. The Soberana 02 vaccine requires three doses. It is a conjugate vaccine which contains […]](https://www.cubabusinessreport.com/wp-content/uploads/2021/06/Soberana-2.jpg)
![There has been an update to the travel rules for Cuba. As of June 20, all tourists entering Cuba through Varadero or Cayo Coco will be required to present a confirmed hotel or isolation package before boarding their flight. Travelers can book isolation packages online through Cuban travel agencies or purchased from tour operators overseas. These must be bought before departure. For residents of Cuba who arrive through Havana or Santiago de Cuba, the travel rules announced June 5 are […]](https://www.cubabusinessreport.com/wp-content/uploads/2021/06/new-travel-rules-for-Cuba.jpg)
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Why Carry Cash? The New Cuban Prepaid Debit Card
What a great idea! Cuba’s Bank of Credit and Commerce (BANDEC) has come up with a brilliant new concept to launch a new prepaid debit card for tourists. It offers the convenience of no longer needing to walk around carrying l... More »
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GEDEME – Cuba’s First Mobile Phone
The company GEDEME is in the final stages of developing the first mobile phone prototype suited for use in Cuba with software and systems manufactured by Cuban institutions. GEDEME, the Cuban industrial group for information... More »
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Peter Pan, Residential Schools and the Flexibility of Evil
It started in November 1960 when Catholic priests handed out pamphlets to their congregations in churches throughout Havana. The priests said the information sheet, known as the Apocrifa, the Acts of Parents Authority, was pr... More »
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Cuba Renegotiates its Debt with the Paris Club
Representatives of the Paris Club group of Cuba creditors and a Cuban government delegation headed by Deputy Prime Minister Ricardo Cabrisas met in Paris on June 9. The parties agreed to defer payments under the previous agre... More »
Trade Relations
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Cuba’s Deputy Prime Minister on Official Visit to Paris
Cuba’s Deputy Prime Minister Ricardo Cabrisas Ruiz arrived in Paris yesterday on an official visit that includes meetings with French government and business leaders. On Monday, Cabrisas met with Emmanuel Bonne, Diplomatic Advisor to the President of the Frenc... More »
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Vietnamese Company Thai Binh Expands Production at Mariel
- Cuba Business Report Staff
Vietnamese company Thai Binh Investment and Trading Corporation (Thai Binh), based in the Mariel Special Development Zone (ZEDM), began manufacturing wet wipes, a high-demand product for the Cuban market. Distribution is expected to start up next week. Vi Nguy... More »
Cuba Temporarily Suspends US Cash Deposits at its Banks
- David Urra
In a special presentation on Cuban television, Marta Sabina Wilson González, President of the Central Bank of Cuba (BCC) Yamilé Berra Cires, Vice-President, and Carlos Fernández de Cossío, General Director of the United States at the Ministry of Foreign Affair... More »
Kenya and Cuba Sign a Medical Cooperation Agreement
- Cuba Business Report Staff
Kenya and Cuba have signed an Inter-Ministerial Cooperation Agreement that extends the provision of medical services and the training of doctors in the African nation. The original agreement was first signed in April 2018. Kenya’s Senator MuthaiKagwe and Cuba’... More »
Cuba’s New Travel Rules for Tourists
- Cuba Business Report Staff
As tourism slowly opens up across the globe in the post-Covid world, there are entry requirements for most destinations. Cuba’s new travel rules have been established to ensure a successful revival of the Island’s tourism industry and maintain the health and s... More »