Search results for: MSME

In Sancti Spíritus, Cuba, the Order To Combat ‘MSMEs’ Has Been Given

Authorities investigate state-owned companies that pay “millions” to the private sector 14ymedio, Havana, 8 August 2024 — The leaders of Sancti Spíritus, Cuba, aspire to become the elite squad in the government’s crusade against MSMEs. President Miguel Díaz-Canel had asked, during a session in Parliament last month, to liquidate the “excessive payments from the state … Continue reading “In Sancti Spíritus, Cuba, the Order To Combat ‘MSMEs’ Has Been Given”

Cuban Tax Authorities Close 15 ‘MSMEs’ and Punish 323 Self-employed Workers for ‘Irregularities”

Diplomarket is suspected of being closed, like others, for tax evasion 14ymedio, Madrid, 10 July 2024 — The Cuban State does not know how much money it fails to receive due to tax evasion, although only until June it had already identified more than 162 million pesos, which, without a doubt, falls short. This Wednesday, the … Continue reading “Cuban Tax Authorities Close 15 ‘MSMEs’ and Punish 323 Self-employed Workers for ‘Irregularities””

Holguín, Cuba, Increases Tax Pressure on ‘MSMEs’ and Threatens Other Measures

The Municipal Assembly proposes forcing companies to lower their prices for their “essential” imported products 14ymedio, Miguel García, Holguín, May 22, 2024 –Bleeding MSMEs [Micro, Small and Medium Enterprises], the only entities on the Island that remain afloat in the unstable Cuban economy, seems to be the new plan of the city of Holguín to … Continue reading “Holguín, Cuba, Increases Tax Pressure on ‘MSMEs’ and Threatens Other Measures”

To Do Business in the United States, Some Cuban ‘MSMEs’ Disassociate Themselves From the Government

EFE/14ymedio, Havana, January 23, 2024 — The owners of the MSMEs (micro, small and medium sized enterprises, mipymes in Spanish) are trying to disassociate themselves from their links to the Cuban Government, which the exile community, the opposition and the Cuban population attribute to them. In a press conference on Monday at the headquarters of a food … Continue reading “To Do Business in the United States, Some Cuban ‘MSMEs’ Disassociate Themselves From the Government”

The United States Does Not Plan for Now To Allow Cuban ‘MSMEs’ Access to Its Banking System

EFE (via 14ymedio), Washington, January 18, 2024 — The United States does not plan for now to allow Cuban Micro, Small & Medium Enterprises [MSMEs] access to the US banking system, a senior State Department official said on Thursday. Eric Jacobstein, deputy undersecretary of Latin American affairs, was questioned in a congressional committee about the … Continue reading “The United States Does Not Plan for Now To Allow Cuban ‘MSMEs’ Access to Its Banking System”

Cuban Faces of 2013: MSMEs, the Last Economic Hope for Cuba’s Dying Regime

14ymedio, Havana, 25 December 2023 — They started popping up, little by little at the beginning of the year, without all the attendant publicity the official media usually gives to these sorts of places. Establishments that were once state-owned, that closed after languishing for years, have reopened overnight as mipymes (a Spanish acronym for micro, … Continue reading “Cuban Faces of 2013: MSMEs, the Last Economic Hope for Cuba’s Dying Regime”

Cuban Authorities Ask for the Support of ‘MSMEs’ to Collect the Garbage in Havana

14ymedio, Havana, 27 October 2023 —  “We can’t even open the balcony door because the house is full of flies,” laments Clara, a resident of 30th Street at the corner of 37th, in the municipality of Playa, in Havana. A few meters from her home, a huge garbage dump has been growing for weeks without the … Continue reading “Cuban Authorities Ask for the Support of ‘MSMEs’ to Collect the Garbage in Havana”

A Chinese Wholesale Website Offers To Supply Cuban ‘MSMEs’

14ymedio, Havana, 28 June 2023 — A labyrinth of obstacles, verifications and absences makes it difficult to buy on the Nihao 53 digital platform, with which the Chinese conglomerate Leke Holding Group hopes to consolidate its presence in Cuba. With the intention of supplying the wholesale market on the Island, the site offers food, furniture, … Continue reading “A Chinese Wholesale Website Offers To Supply Cuban ‘MSMEs’”

A Self-Employed Worker Denounces the Government’s Preferential Treatment of ‘MSMEs’ in Cuba

14ymedio, Havana, 19 May 2023 — Family man and owner of a cafeteria in Camajuaní (Villa Clara), Alexis González exploded this Tuesday in a direct Facebook broadcast that reached thousands of people. Faced with the shortage, bureaucratic obstacles and harassment by inspectors, he asked the authorities for an answer: “Someone explain to me how long … Continue reading “A Self-Employed Worker Denounces the Government’s Preferential Treatment of ‘MSMEs’ in Cuba”

The ‘Chinese Costco’ Arrives in Cuba and Everything Has Ridiculous Prices

The gigantic China Import warehouse opens in Havana, for minimum purchases of 50 dollars and in national currency 14ymedio, Juan Diego Rodríguez/Olea Gallardo, Havana, 22 August 2024 — The new China Import store that opened just over a month ago at Manglar and Oquendo, very close to the Cuatro Caminos market in Havana, does not … Continue reading “The ‘Chinese Costco’ Arrives in Cuba and Everything Has Ridiculous Prices”

Police Operations Begin Against Sellers of the ‘Weekly Packet’ in Cuba

Audiovisual copies, which have been widespread on the island for more than a decade and de facto permitted by the authorities, were specifically prohibited in the latest provisions against private individuals. 14ymedio, Natalia López Moya, Havana, 9 September 2024 — The alarm has spread through the shops in Cuba that sell the paquete [the weekly … Continue reading “Police Operations Begin Against Sellers of the ‘Weekly Packet’ in Cuba”

Black Beans Disappeared, the ‘Porotos’ and ‘Alubias’ Arrived

This week, in the market of 19 and B in El Vedado, black beans reappeared after being absent for days from the stalls 14ymedio, Natalia López Moya, Havana, 3 September 2024 — She has never left Cuba, but the crisis has forced her to learn the names of some basic products from other countries. Janet … Continue reading “Black Beans Disappeared, the ‘Porotos’ and ‘Alubias’ Arrived”

Washing Bottles Instead of Going to Class, the Beginning of the School Year for Many Students in Havana

14ymedio, Juan Diego Rodríguez, Havana, 2 September 2024 — Not all Cuban children will start classes this Monday, when the 2024-2025 school year has been inaugurated with great fanfare. In Havana, for the next 15 days, some of them will have to work, either in cleaning, or in gardening, or even in other tasks, in … Continue reading “Washing Bottles Instead of Going to Class, the Beginning of the School Year for Many Students in Havana”

A Former Minister Admits That Cuba Is Suffering From an Economic Debacle

Cuba’s Former Minister of Economy José Luis Rodríguez recognizes “mistakes” and the impossibility of reaching the 2% growth predicted in 2024 14ymedio, Madrid, 27 August 2024 — Cuba’s gross domestic product (GDP), which collapsed by 1.9% in 2023, will not even come close this year to the predicted 2% increase. An article published this Monday … Continue reading “A Former Minister Admits That Cuba Is Suffering From an Economic Debacle”

The Closure of Cuba’s ‘Chinese Costco’ for an Audit Strains the Spirits of Havanans

Customers say that the State took over the business after the independent media reported on the place 14ymedio, Havana, August 24, 2024 — The saga of the China Import store continues this Saturday with dozens of Havanans who, given its closure “until further notice,” continue to come to the surroundings to ask what will become … Continue reading “The Closure of Cuba’s ‘Chinese Costco’ for an Audit Strains the Spirits of Havanans”