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Ceturtdiena 21.09.2017 | Name days: Matīss, Modris, Mariss

Expert: price gains to continue at global markets next year

The sharp rise in prices of different goods suggest we are living in a limited opportunity world – the developing countries’ growth inevitably leads to the global price surge, the economist Paul Krugman points out.

Tukuma piens exports surge 250%

This year, the milk-processing company AS Tukums piens export volume has risen by 250%, mainly due to the successful operation in the Lithuanian market, where fresh milk products are actively traded.

Investment protection depends on Russia

The preparation and signing of the intergovernmental agreement on investment protection between Latvia and Russia depends on the latter – the Minister of Economics Artis Kampars replies to the fundamental question in business circles about the signing of investment protection contract.

airBaltic recognized as one of the world’s most innovative companies

The Latvian national airline airBaltic has been recognized as one of the world’s ten most innovative airlines in 2010.

Long customer line-ups at Estonian banks

Despite it will be possible to exchange kroons for euros at Estonia’s banks until June 2011, but at the Bank of Estonia for unlimited period, all major branch banks in Tartu have very long customer queues.

Fewer people consider themselves financially secure

In late 2010, only every third (33%) of Latvia’s residents regard themselves as financially secure. This is less than a year ago, when 39% believed they are financially provided.

2010 stabilised transport and logistics industries

Only serious companies with long-term development plans are left in the market. The second half of this year reported positive tendencies already, which gives grounds for forecasting further market growth in 2011 as well, the business news portal BNN was informed by the company DHL Freight.

Number of fast loans takers surges 50%

The number of issued loans has climbed by 50.5% in December. Newly-obtained loans number has surged 70.6%, while amount of loans taken repeatedly has increased by 30.4%.

Reasons for queues on Latvia – Russia border to be clarified

The Interior Minister Linda Mūrniece has ordered the State Border Guard Chief Normunds Garbars to prepare and file for review (by January 24, 2011) information on reasons for road transport queues at Latvia–Russia border checkpoints, the business news portal BNN was informed by the MI.

Tangerine sales boost during Christmas

During the Christmas week from December 20 to 26, Latvia’s major shops reported a significant increase in the sales volume – the most purchased food products were tangerines, gingerbread and chocolates.

Oil prices exceed 91 US dollars per barrel

The United States of America crude prices have exceeded 91 US dollars per barrel, affected by weaker dollar and cold weather.