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Cuba upgrades currency

Cuba s Central bank issued a new series of convertible currency bills with characteristics that give them more security in commercial operations, local Granma daily published on Monday. In a note, the bank informs that the watermark of the bills has now an indicative number of their denomination. Read More

Cuba writes off US$1M Guyana debt

The Government of Cuba awarded Guyana a US$1 million debt write-off at the recently concluded 23rd Session of the Guyana/Cuba Joint Commission held in Havana from November 22 to 23. A statement from the Ministry of Foreign Trade and International Co-operation said the debt originated as a result of an outstanding amount under the credit agreement signed on March 18, 1986 between the then Guyana National Co-operative Bank (GNCB) and Banco Nacional De Cuba (BNC). Read More

Forests replacing sugar plantations in Las Tunas, Cuba

As part of the restructuring process of the sugar industry, which Cuba has been undertaking over the past few years, the workers of that sector in eastern Las Tunas province have begun planting timber-yielding trees on more than 10,200 hectares of land previously dedicated to sugar cane plantations. Read More

New Hotel in Old Havana: San Felipe and Santiago de Bejucal Hotel.

On the corner of the old San Fran Francisco de Asis square, just next to the smart Café Del Oriente restaurant and the Lonja del Comercio building with its Café Mercurio, one of the greatest Havana mansions is being restored to be turned into the San Felipe and Santiago de Bejucal Hotel. Read More

Salt production making headway in Las Tunas, Cuba

Although 2006 has not yet concluded, the 330 workers of Puerto Padre Saltworks, located on the coast of the eastern Cuban province of Las Tunas, have proved that efficiency and cost effectiveness are attainable goals for a socialist company. Read More

Cuba, Africa, Carib in deep collaboration

Cuba announced Friday it will take a message of cooperation to the next meeting of the African, Caribbean and Pacific Group (ACP) to strengthen this regional block. Read More

A new aura of economic prosperity over Cuba

Since 2003, Cuba has experienced steady economic growth. More recently, this has been helped by income from the export of medical services to Venezuela, high prices for Cuba's expanding nickel industry, savings on energy imports and, an increasing income from tourism and non-traditional exports. Read More

TELEMAR receives quality certificate

The company TELEMAR - attached to Cuba's fishing industry - received the ISO 9000 quality certificate as an acknowledgement of its excellent management. The certificate was granted by the National Standardization Office and the international company Bureau Veritas. Read More

Cubas economy grows 12.5 percent in 2006

The Cuban economy has grown 12.5 percent so far this year, with promising prospects for 2007, said Cuban Economy Minister José Luis Rodriguez in the eastern Cuban city of Bayamo on Sunday. Rodriguez made his statement during a ceremony marking Cuban Economists and Accountants Day. Read More

Cuba eyes increased rice output and less imports

Cuba hopes to take advantage of improved weather to increase rice output and reduce record imports in the coming years. Read More

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