bnn.lv Latviski   bnn-news.com English   bnn-news.ru По-русски
Sunday 26.03.2017 | Name days: Eiženija, Ženija
LatviaLatvia

Certus: exports of higher education secured 1,703 jobs last year

FaceBook
Twitter
Draugiem
print
(No Ratings Yet)

Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUBoth exports of the country’s higher education sector and its added value will continue growing this year. Higher education’s contribution to the national economy is measured in EUR 179 million this school year. This includes EUR 84.5 million from direct payments (tuition fees, taxes, etc.) and EUR 85.5 million from indirect payments (revenue from related industries, the money foreign students leave in Latvia), according to results compiled by Certus think tank.

6,314 foreign students enrolled on higher education or vocational education courses in Latvian education institutions in the 2016/2017 school year. In the 2015/2016 school year, the number of foreign students in Latvia was 5,458, according to Certus data.

Exports of higher education helped create 1,703 jobs. Foreign students’ direct tax payments reached EUR 22.5 million at the beginning of 2017, which is EUR 2.5 million more than last year.

On Tuesday, 15 February, Saeima’s Education, Culture and Science Committee discussed survey results in relation to economic importance of higher education exports in Latvia.

The meeting was attended by Certus research director Daunis Auers and members of Education and Science Ministry, Finance Ministry, Economy Ministry, Higher Education Council, Latvian Employers’ Confederation and Latvian Students Union.

Considering the contribution of higher education exports to Latvia’s economy and the potential of the industry, Certus experts recommend entrusting the industry’s supervision to Economy Ministry.

«Over the past twenty years, higher education has proven itself as important and demanded. Countries now compete more intensely for nearly five million international students that study outside their home country. If the current student number increase rate remains the same, there will be around 18,000 foreign students in the 2020/2021 school year. The contribution of the industry to Latvia’s national economy could reach half a billion euros annually,» as stated by Certus compiled results.

Certus representatives explain: «Estonia and Latvia have achieved similar results in foreign student attraction since 2011/2012. However, while University of Estonia has made progress largely thanks to the country’s national strategy, Latvia’s higher education institutions have had to work on their own this whole time.»

It was concluded at the meeting that the main steps to support Latvia’s international education exports include: the resolution of matters related to administrative, life conditions and education capacity affairs.

Certus recommendations for higher education export improvements:

1.Expansion of the role performed by Economy Ministry

«Economy Ministry should take on responsibility over exports of higher education, similar to how Britain’s Business, Innovation and Skills Department was responsible for higher education exports in Britain. Economy Ministry should give universities to compete for EU funds to help realize innovative projects and finance student accommodations.»

2.Pardaugava – Riga Campus

Public investments in transports and communication infrastructure to ensure study, research and student accommodation opportunities in Pardaugava and position Daugava’s left bank as an international higher education centre.

Riga Campus Coordination Council, whose main coordinator function would be taken over by the office of the Mayor of Riga would invite representatives from Education and Science Ministry, Economy Ministry, Riga municipality, universities and private sector to coordinate investments share information regarding future plans and number of foreign students, student housing plans and main infrastructure.

3.Simplified and sped-up attraction of foreign students

Consolidated and modernized studyinLatvia website will help foreign students find the necessary information more conveniently.

Amendments to Section 85 of the Law on Higher Education would help qualified university specialists check and perform admittance of foreign education certificates.

Embassies and diplomatic offices in countries with high numbers of potential foreign students should take on more employees to ensure successful and quick processing of increased volumes of documents associated with study applications in the spring and summer periods.

Ref: 225.109.109.4981


Leave a reply

Week in Lithuania. Foreign minister dismisses Lukashenko's accusations as fiction

Lithuania's Foreign Minister Linas Linkevičius has dismissed the statement by Belarusian President Alexander Lukashenko about training of armed provokers in Lithuania as fiction out of the blue.

BNN summary of the week: 5G in Latvia, fight against Lembergs, foreign trade balance deficit

BNN offers a summary of this week’s topical news in a variety of categories: Change; Business; Fight; Decline and Growth.

CC: restoration of trust – way out for cartel participants

This year, Competition Council provided positive conclusion in regards to recovery of trust to two companies previously punished for cartel agreement.

Kristovskis: coalition with Lembergs in Ventspils City Council is not possible

«If the party’s list enters the city council, our candidates will definitely not work with Lembergs,» said Girts Valdis Kristovskis in an interview to Latvijas Radio.

Sadales tīkls: energy industry enjoys stable growth in Baltics

Although the company does not experience the lack of quality labour force, when announcing vacancies it becomes clear that population density in regions continues to decline, and this makes it harder to find young specialists for work in regions, said Andis Pinkulis, CEO of Sadales tīkls, in an interview to BNN.

Airline Nordica not to ban tablets and lap-tops from being brought on passenger cabin

Estonia’s national airline Nordica has stated it would not follow the recent U.S. and British ban on such computer devices as tablets and lap-tops from being brought onto passenger cabin on flights.

Rinkevics invites Canadian companies to use Latvia’s transit and logistics infrastructure

«We’re hoping for more intensive economic cooperation and diversification of exports of Latvian goods, as well as attraction of investments from Canada. Canadian investors are awaited in Latvia,» says Latvian Foreign Affairs Minister Edgars Rinkevics.

Rimsevics: tax changes may increase lending volumes in Latvia

Lending volumes in Latvia may increase because of changes to the country’s tax system, says governor of the Bank of Latvia Ilmars Rimsevics.

Latvian authorities deport 19 Vietnamese citizens

19 Vietnamese citizens caught trying to cross the border of the Republic of Latvia last year have been deported from the country.

Latvia’s export and import volume was the lowest in January

Latvia’s export and import volume this January was below what was noted in Lithuania and Estonia. The largest foreign trade balance deficit among Baltic States was noted in Estonia.

Lithuanian population continues to shrink, some glint may be ahead

The shrinkage of Lithuanian population is nowhere close to a halt. In fact, the recent numbers by the Lithuanian Statistics and Eurostat, the European Union‘s statistics agency, purport the opposite: exodus has picked up last year - 50,000 Lithuanian citizens left the country for a better life abroad, up from 44,500 in the previous year.

Over 200 people could have died in Mediterranean

It is assumed that over 200 migrants might have drowned this week in the Mediterranean, off the coast of Libya, a Spanish humanitarian aid organisation feared.

Proportion of HIV-infected tuberculosis patients in Latvia is 17.4% - the highest in EU

The proportion of HIV-infected tuberculosis patients in Latvia is 17.4%, which is the highest not only among Baltic States, but also Europe, as mentioned by Jurijs Perescikovs, director of Disease Prevention and Control Centre’s Infection Risk Analysis Department in a discussion dedicated to the World Tuberculosis Day.

British police names London terrorist

British police has stated that the March 22 terror attack in London was committed by British-born Khalid Masood. Another of his victims has died.

Air temperature in Latvia to remain largely unchanged in coming days

On Friday, 24 March, high atmospheric pressure will remain in the country. Because of that, some clouds will be seen in the sky, wind speed will stay moderate, and air temperature will rise to +3° C…+8° C, as reported by the State Environmental, Geology and Meteorology Centre.

Kucinskis hopes to find a new director for State Chancellery within two weeks

Latvian Prime Minister Maris Kucinskis hopes to find a new manager for the State Chancellery within the next two weeks.

InnoEnergy business opens an office in Latvia

International business accelerator company InnoEnergy has opened an office in Latvia. This objective of this company is preparing new and innovative technologies developers for attraction of investments as part of InnoEnergy accelerator.

Bank of Latvia increases inflation outlook for 2017 to 2.7%

The Bank of Latvia has increased its inflation outlook for 2017 from 1.6% to 2.7%, as reported by the bank’s press-service.

CC permits Lithuanian company to acquire decisive influence over Latvian businesses

Latvia’s Competition Council has permitted two mutually associated deals to be performed by W.P.Carey and Kesko, allowing the two concerns to acquire decisive influence over Lithuanian Baltic Retail Properties and three companies registered in Latvia – K Prof, Polo LS and Daugavkrasts M.

Estonian military transport firm co-operates with leading Norwegian and British companies

Estonian military transport manufacturer Milrem has made a joint product with Norwegian weapon-maker Kongsberg and British remote system producer Qinetiq North America.

Welfare Ministry opposes diverting part of social budget to healthcare

Experts view Finance Ministry’s proposal to divert certain parts of the social budget to pay for certain healthcare services. Welfare Ministry is especially cautious about this proposal.

Saeima agrees to publish names of disciplinary punished judges

Publication of information about disciplinary penalties applied to judges, their names and surnames will no longer be prohibited, as stated by amendments to the Judicial Disciplinary Liability Law supported by the Saeima in the first reading on Thursday, 23 March.

Experts: internet users open up 30% of fraudulent e-mail letters

Cyber criminals are becoming more and more cunning and their fraudulent e-mails – harder and harder to differentiate from real ones. Internet users open up to 30% of fraudulent e-mail letters, explains eScan antivirus developers.

Minister: Latvia supports International Coalition’s fight against Daesh

«The fight of the International Coalition against Daesh has become a very effective instrument to help reduce Daesh military, financial and recruitment capabilities,» said Latvian Foreign Affairs Minister Edgars Rinkevics.

New pulp factory planned in Estonia

Estonian entrepreneurs have envisaged building a high-tech pulp-making plant near the city of Tartu and have submitted the plan for confirmation from Estonian national special planning authorities.