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Saturday 17.03.2018 | Name days: Ģertrūde, Gerda, Gertrūde

Transport Ministry to boost use of e-signature

Manufacturing output was up 3.8% in June 2011 versus July (according to the seasonally adjusted data). The annual growth hits 17.5%, bringing manufacturing output close to the peak of the pre-crisis period, says Igors Kasjanovs, Bank of Latvia economist.

38% say 10th Saeima should solve only urgent matters

Over one-third (38%) of the economically-active residents aged 18 to 55 years believe the dismissed 10th Saeima should continue solving only urgent issues up to the point a new parliament is elected in the autumn of 2011.

Medicine wholesales shrink 3.5%

Overall, in the second quarter of 2011, medicine wholesalers in Latvia sold medicinal products worth 68.32 million lats, including VAT, which is 3.5% less than in the first three months this year.

Revenue Service servers crash as electricity goes out

Today, August 3, electricity went out for the State Revenue Service office in Old Riga, Smilsu Street 1, resulting in all the servers breaking down and the whole information system stalling.

Industrial output surges 4.1%

In June 2011, the industrial production output at current prices formed 400.2 million lats. Compared to May 2011, industrial production in June 2011 rose 4.1%, according to seasonally adjusted data at constant prices.

SEB: housing loans hit early 2009 level

For already a year, a gradual increase in demand for housing loans has been observed. In the second quarter of 2011, new housing loans at SEB Bank rose 39%, compared to the first quarter.

Russian bankers «invasion» in Latvian banking sector to continue

The recently observed rapid activation of the Russian bankers on the Latvian banking market will continue; moreover, experts say it is a positive sign.

Current performance of parties to determine people's choice in elections

About a half (52%) of the economically active population aged 18-55 says it is going to be the current performance of politic parties that will determine their choice in the emergency Saeima elections to take place in the autumn of 2011.

Apple distributor: we don’t see strong gray market in Baltics

We do not see a strong organized gray market in the Baltic States, says Tomas Palšis, director of AVAD Baltic, the information technology company Apple's official distributor in the Baltics.

Collective shopping companies' revenues hit nearly one million lats

In the first half of 2011, Latvia’s leading collective shopping companies’ revenues have neared one million lats. Competition between online sites is currently very sharp. Yet it does not necessarily mean offers of an adequate quality.

Latvia reports biggest industrial producer price surge in EU

Compared to the previous month, industrial producer prices remained stable in the EU and the euro area in June 2011. The biggest month-on-month increase in prices in the EU was reported in Latvia: +1.3%, according to Eurostat data.

Russia still banning vegetable import from Baltics

Russia has still not lifted the ban to import vegetables in its territory from the Baltic States, explaining such a decision with the lack of necessary documents.

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