Multilateral bank lends Cuba €47m for vaccine development
CUBA STANDARD — In what is the first multilateral loan Cuba has received in many years, the Central…
Italian company wants to sponsor Cuban baseball series
CUBA STANDARD — In an unprecedented move, an Italian company is offering to become a sponsor of Cuba’s…
U.S. slaps Airbnb with fine over Cuba rentals
CUBA STANDARD — In a sanctions enforcement action targeting a livelihood for hundreds of Cuban homeowners who offer…
Canadian company builds solar park in Cienfuegos
CUBA STANDARD — A small Canadian company is among the first foreign investors to build and operate solar…
Mexico grants emergency authorization for Cuban vaccine
CUBA STANDARD — Mexico’s regulatory agency for pharmaceuticals granted emergency authorization to use a Cuban-made COVID vaccine. Cofepris…
Cuba offers more openings to foreign investors
CUBA STANDARD — After years of disappointing levels of investment in the island, Cuba’s economic leaders used the…
Vietnamese company to build solar park at Mariel
CUBA STANDARD — Vietnam’s Thai Binh Investment and Trading Corp. announced in a promotional video that its Green…
Finance joint venture authorized to offer credit to private businesses
CUBA STANDARD — The Central Bank authorized a financial joint venture involving Spain’s Banco Sabadell to grant hard-currency…
Sherritt plans nickel expansion in Cuba
CUBA STANDARD — Hoping to emerge from an eight-year slump, thanks to rising demand for high-purity nickel and…
Cuba officially joins Belt and Road energy initiative
CUBA STANDARD — Cuba was introduced as a new member of the Belt and Road Initiative Energy Partnership…
Cuba seeking to capitalize on vaccine export opportunities
CUBA STANDARD — With 40% of the total population now fully vaccinated against COVID-19, and officials saying that…
France funds Cuban vaccine production with €45m
CUBA STANDARD — French development agency AFD is funding production and export of Cuban vaccines with €45 million,…
Vietnamese company says it wants to develop two Havana hotels
CUBA STANDARD — Vietnamese real estate developer CityLand signed letters of intent with two Cuban state companies to…
Gaviota goes ahead with Havana port hotel project
CUBA STANDARD — Amid a shutdown of tourism during the pandemic, state company Grupo Gaviota started construction of…
Central Bank limits phone minutes’ role as alternative currency
CUBA STANDARD — Phone minutes, which have emerged as a sort of alternative currency for remittances since the…