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Ceturtdiena 21.09.2017 | Name days: Matīss, Modris, Mariss

Expert: workplace safety problem areas - textile processing and polygraphy

Building and wood processing sectors were the most problematic workplace safety areas some years ago, however currently textile processing and polygraphy have replaced them, Inspecta Prevention Board member Linda Matisāne told the business news portal BNN.

Riga spends 3.2 million lats on streets and bridges winter maintenance in January

In January 3.2 million lats were spent from Riga’s street and bridge winter maintenance, and Riga City Council Traffic Department estimates there will be enough funds for this year. The financial resources for streets and bridges maintenance in Riga will be sufficient for the year 2011.

Households to spend less due to tax rise

Tax changes have had an impact on 94% of Latvian households, as 50% of them plan spending less, while 23% will look for options to boost income.

Latvian State Forests - among major contributors in Latvia

Latvian State Forests (Latvijas valsts meži, LST), Latvenergo and Latvian Railway (Latvijas dzelzceļš, LR) rank as the major contributors in Latvia in the past five years.

Blood Donor Center still in «fat years»

The Ministry of Health has just noticed there is still a state institution living in «the fat years» - the Blood Donor Center. The Ministry has initiated negotiations with the management of it, asking for optimization measures in line with the government's requirements.

Fuel excise increase to slow down economy

The government is considering the option to increase the fuel excise duty, gambling tax, real estate and capital gains tax. Several experts do not support this, as they believe the government has chosen a risky path, without providing any benefit to the economy.

Economist: Latvian economic growth resembles climbing a slippery slope

It is possible to compare the Latvian economic growth over the past decade with climbing up a slippery slope – rapid growth is replaced by a sharp drop, says Dainis Gašpuitis, the economist at SEB banka.

Income per family member drops by 40 lats a month

Income per family member amounted to 214 lats in 2009, which is 16% or 40 lats less than in 2008. The situation with a household income was an extraordinary one in 2009, as it dropped for most of households, while keeping flat or even surging for pensioners (26% of all the households).

Expert: gas era replaces cheap oil period

The cheap oil period has come to an end and the further price surge will be dictated by both extracting resource decrease and more complex oil extraction. At the moment, we are in front of a golden age of gas, considers Dainis Gašpuitis, the economist at SEB banka.

External trade turnover spikes 43.2%

In December 2010, the total external trade turnover at current prices was 1032.6 milion lats – 4.0% or 40.0 million lats more, compared to a month before, and 43.2% or 311.5 million lats more, compared to December 2009.

People to be divided in groups for shadow economy combat

In order to combat the shadow economy, politicians are considering the possibility of applying the Deputy’s Ingrīda Circene prepared health insurance concept that would divide the population into three groups.

Triatel: decreasing number of rural inhabitants

The telecommunications operator Triatel is more and more affected by the consequences of the crisis – the migration of rural region inhabitants to foreign countries. Such trend was observed while considering the reasons why clients give up Triatel services, as well as by assessing new customers growth rate.

Latvia acquires Latvijas Finieris shares

The company Latvijas Valsts meži has purchased the first ten AS Latvijas Finieris shares; moreover, it plans to buy more. These shares comprise about 0.3% of the total stock.

Transport Minister: Latvia should increase its influence on airBaltic

Currently, airBaltic shareholders’ cooperation agreement is being assessed, and I wish the state, the major shareholder of the airline, would have more influence on the company, indicates the Transport Minister Uldis Augulis.

Electricity tariffs likely to rise 40%

The electricity tariff increase in April could be devastating and far exceed the promised 20%. The Public Utilities Commission intends to have a meeting on February 14 on the new electricity tariff draft set to come into force on April 1, this year.