Cuba Business News and Information > Cuba-World Trade
Association for the Study of the Cuban Economy conference program and papers
Posted in Cuba Business > Cuba-World Trade
The Association for the Study of the Cuban Economy (ASCE) has released the conference program and links to dozens of Cuba papers on specialized topics as seen later in this article. The event is held every August in Miami. The information below is from their August 2012 conference. The preface by President… Read More
Esencia’s Havana Energy begins Cuba biofuel joint venture project
Posted in Cuba Business > Cuba-World Trade
Rob Sequin | Havana Journal With no announcement by the Cuban government that I found, Havana Energy CEO Andrew Macdonald announces a $50million investment in a Ciro Redondo sugar mill. This is believed to be one of the largest foreign investment deals in Cuba in recent years. He is seen walking through… Read More
What Roles for Foreign Direct Investment in the New Cuban Economy? Today’s ailing Cuban economy is marked by high labor costs, low wages and small inflows of foreign investment. In 2011, under President Raúl Castro’s leadership, the government started instituting reforms to open the economy. Positive… Read More
China helping Cuba to upgrade and expand cargo and tanker fleet
Posted in Cuba Business > Cuba-World Trade
Rob Sequin | Havana Journal China is investing in the development of Cuba’s commercial shipping fleet by agreeing to build ten 45,000 ton ocean vessels over the next several years. Four have already been delivered to Cuba. Six more will be delivered to the soon-to-be-opened container terminal port… Read More
AFP original title: China, Cuba to intensify trade as Havana meets debt payments Comments by Havana Journal publisher in bold Cuba will intensify its economic ties with China no interest loans, having met payments on its debt with Beijing paying pennies on the yuan, its second largest trade partner sugar… Read More
You STILL want to invest time and money in Cuba? You will loose both
Posted in Cuba Business > Cuba-World Trade
HJ Publisher comments… Original title: Foreign business in Cuba: Beware the dangerous embrace. People contact me on a regular basis saying they want to open a business in Cuba or invest in real estate there or try to export something etc etc. I hear it all the time. I have been fortunate to do… Read More
China writes a blank check to Cuba with “donations and interest-free loans”
Posted in Cuba Business > Cuba-World Trade
Using language from the Fox news article “agreements that include donations and interest-free loans” sounds like the term “blank check” to me. Talks between Chinese President Hu Jintao and Cuba’s Raúl Castro ended with the signing of eight accords, including one on a loan… Read More
Largest OFAC settlement in history - $619million from ING Bank
Posted in Cuba Business > Cuba-World Trade
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) today announced a $619 million settlement with ING Bank N.V. (“ING Bank”) to settle potential liability for apparent violations of U.S. sanctions. Today’s settlement is the largest OFAC settlement of… Read More
CUNY Bildner Center hosts Economic Transformation in Cuba seminar
Posted in Cuba Business > Cuba-World Trade
Rob Sequin | Havana Journal The Bildner Center at CUNY in New York City is hosting a seminar titled “Economic Transformation in Cuba” on Monday May 21, 2012. Since Raul Castro took over as President of Cuba, he has launched several initiatives to revamp and change the highly centralized form… Read More
French CoFace credit risk and investment company has released a risk assessment for the country of Cuba. Coface country assessment reports analyze and forecast country risk using macroeconomic, financial and political data. The company reviews the financial history and the risks to the business environment… Read More
