Since Day Zero of the new economy of Cuba, January 1, more than 126,938 Cubans have applied for jobs as Cuba reorders its economy. Marta Marta Elena Feito Cabrera, Cuba’s Minister of the Ministry of Labor and Social Security published the new statistics of job... More »
Cuba and Australia recently held an international seminar to discuss business opportunities in the mining and oil sectors of Cuba. Juan Ruiz Quintana, General Director, Mining at the Ministry of Energy and Mines (MINEM) said the two countries are interested in... More »
Cuban IT company Desoft is focused on entering the highly competitive market of software services exports worldwide. Cuban IT sector companies are now taking the first steps in this foreign trade activity. Desoft is at the forefront of this advancement. Accord... More »
On February 6, Cuba’s Council of Ministers approved the expansion of the list of allowable types of private sector jobs from 127 to over 2,000 activities. The move will provide a needed boost to the slumping economy and create an increase in employment statist... More »
In a move to stimulate the economy and create employment, Cuba has announced the expansion of the small business sector from 127 to 2,000 types of activities. Only 124 of them have been limited, either totally or partially revised. The move will benefit more t... More »
Developers at technology company Desoft (Empresa de Aplicaciones Informáticas), Cuba’s leading software development firm, are working on three software projects at its Granma offices to improve services in the energy, construction, and water and sanitation sec... More »
Our cost of living in Cuba table has been updated to reflect the current prices of food and consumer goods. Our goal is to update this page on a regular basis. The prices listed are in the national currency of CUP from January 1 when currency unification took ... More »
To meet the targets set in its strategic plan for economic recovery, Cuban agriculture needs annual investments of $900 million pesos between 2021 and 2030 according to one expert on the subject. Luis Enrique Díaz Burón, Director of Investments and Development... More »
As one of its last acts on the way out the door, the Trump administration re-designated Cuba as state sponsor of terrorism on Monday. The move reverses a decision made during the Obama era. It will now be more difficult for the Biden administration to quickly ... More »
The Ministry of Foreign Affairs of the Russian Federation has just announced the relaunch of the project to modernize the Cuban railroad infrastructure. RZD International LLC and the Union of Railways of Cuba originally signed a contract for reconstruction and... More »
The Russian company Sinara Transport Machines Holding has sent seven more TGM-8KM locomotives to Cuba. The train engines are a part of a 2016 deal between Havana and Moscow. These seven new locomotives arrived in Cuba last Tuesday. The rail vehicles, at the co... More »
Cuba’s Gross Domestic Product (GDP) contracted by 11% in 2020 due to the COVID-19 pandemic and hardening of U.S. sanctions by the Trump administration but new growth is forecast in the upcoming year, Deputy Prime Minister Alejandro Gil told a session of Cuban ... More »
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