Real Estate & Property Investment News in Cuba from Propertyshowrooms.com

Cuba, Panama Succeed in Trade Negotiations

Tue, 27 Jan 2009 00:00:00 GMT

Panama, Jan 23 (Prensa Latina) Panama announced the conclusion of the process of commercial negotiations with Cuba, which led to the signing of an agreement on a partial reach with chances to compete for the productive sectors, and the services...

Chinese Investment in Cuban Tourism Expected

Tue, 2 Dec 2008 00:00:00 GMT

Havana, Dec 2 (Prensa Latina) Cuba expects an increase in Chinese investments in tourism, as part of a strategy aimed at consolidating that sector's growthm, according to the Ministry of Tourism website...

US tourism to Cuba?

Tue, 11 Nov 2008 00:00:00 GMT

The election of President Elect Barack Obama could mark the start of a new international relations strategy for the United States, with many observers mentioning that the new Commander-in-Chief could return Guantanamo Bay to Cuban authority and lift the US embargo on the Caribbean nation. According to IMF economist Rafael Romeu, this could have seismic repercussions on tourism-based economies in the Caribbean, including the DR. By lifting the embargo, Americans, who make up the largest tourism demographic to the DR, could be tempted to visit a closer and cheaper destination like Cuba. Also, the curiosity factor posed by the isolated nation could attract many potential tourists. Accordingly, the blockade has hurt Cuba, but has benefited neighboring countries as a result. The DR's advantages include its cost-effectiveness and the fact that it is not as vulnerable to hurricanes as Cuba. The DR has always competed successfully with Cuba for the European and Canadian tourist market. In recent years, the DR has begun to cater more to the Russian tourist market, a stronghold for Cuba for many years. The DR has also begun to increasingly diversify its source markets, with a push to encourage more regional travel by increasing flights between the DR and Central and South America...

EU Positions for Future US Relations

Wed, 5 Nov 2008 00:00:00 GMT

Marseille, France, Nov 4 (Prensa Latina) European Union Foreign Ministers formulated what would be their common position for the future relations with US, giving no details before United States 2008 Presidential Elections take place, scheduled for Tuesday November 4...

Cuba claims massive oil reserves

Fri, 17 Oct 2008 00:00:00 GMT

Cuba's state-owned oil company says it may have more than 20bn barrels of oil in its offshore fields - double previous estimates...

US Blockade Attacks Cuban Commerce

Thu, 16 Oct 2008 00:00:00 GMT

Cuba has seen affected its exports and services during 2007 in 1.7 billion dollars because of the harshening of the commercial, economic and financial blockade imposed by the United States...

Over 12m Russian tourists head abroad in 2008

Sun, 17 Aug 2008 00:00:00 GMT

Singapore Mexico and Cuba touted as growth destinations next year...