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Sunday 30.04.2017 | Name days: Liāna, Lilija, Alta

Wider economic cooperation between Latvia and Singapore planned

As reported by Finance Ministry, work will be performed to establish wider economic cooperation between Latvia and Singapore, both in the field of tax administration and investments.

Latvia and Lithuania continue work on single gas market’s development plan

Latvia and Lithuania continue working on single gas market development plan, BNN was told by Latvian Economy Ministry.

Belarus values Latvia’s experience developing e-management

Belarus values Latvia’s positive experience in development of e-management. Constructive cooperation in this field has provided residents in Latvia and Belarus with cheaper roaming tariffs and improved mobile broadband development, as reported by Environment Protection and Regional Development Ministry.

Poor skills in digital technologies can reduce one’s competitiveness on the market

Only 2% of board members in Latvia’s leading retail trade companies have skills working with digital technologies. The same applies to 6% of board members in transport and logistics companies, 4% - in energy companies and 0% in manufacturing companies, according to results of a study performed by personnel selection company Amrop.

Estonia to invest millions in IT and technology business development in regions

Close to 160 million euros are planned to be invested in developing the sector of information and communications technologies in Estonia outside larger cities, according to a state budget strategy for 2018-2021 by the Estonian government.

Study: Latvian businessmen feel threatened the most by increasing tax burden

Nearly all Latvian CEOs expect competition to grow in the future. In addition, this will happen in conditions of deficit of qualified workers, according to results of a study performed by PricewaterhouseCoopers.

Progress in the realization of insolvency reform in Latvia

New regulations listed in the Insolvency Law provide for increasing the role of creditors in the choice of figures supervising legal protection processes, as well as enhancing the work of administrators in supervisory institutions – expanding the capacity and authority of the Insolvency Administration in performance of supervisory functions and raising qualifications of employed administrators, as reported by Justice Ministry.

Weather in Latvia to be windy and rainy for the next couple of days

The end of this week and beginning of the next will be windy and rainy in Latvia, as reported by the State Environment, Geology and Meteorology Centre.

Lithuanian MPs deal with smut resolvedly, but is it sign of parliamentarian transparency?

If the Lithuanian lawmakers’ adhering to law and ethics was to be judged by the events from the last couple of weeks, one could conjure up an impression that the Lithuanian legislature is one of the most transparent around – and a whole lot such than the previous parliamentary term.

Riga International Airport will have a new air traffic control tower

Latvijas Gaisa Satiksme promises that Riga International Airport will have a new, modern air traffic control tower in 2013.

Latvia’s financed loan volume increased by 72 million euros in Q1

In Q1 2017, loans worth more than EUR 94 million were issued through Latvian loan platforms, according to data compiled by Latvian Association of Alternative Financial Services.

Number of passengers carried by airBaltic grows 12%

Latvian national airBaltic airline carried 224,921 passengers to destinations in Europe, Scandinavia, Russia, CIS and the Middle East in March. This means a 12% increase in comparison with last year, BNN was told by the airline.

Birth rates in Latvia 6.9% behind previous year

Compared to the same period one year ago, 365 children fewer were born in Latvia in Q1 2017, which means a drop of 6.9 %.

New CEO of Riga Freeport to have a major wage increase

Riga Freeport authority plans to announce a personnel selection process to find a new CEO for the Freeport, said Mareks Gailitis, advisor to chairman of the board of Riga Freeport Andris Ameriks.

20 asylum seekers resettled from Greece to Latvia

As part of the European Union’s resettlement programme, twenty people were relocated from Greece to Latvia on Wednesday, 19 April. Ten of those people are children, as reported by Office for Citizenship and Migration Affairs.

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