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Tuesday 12.12.2017 | Name days: Otīlija, Iveta

Forex: the dollar weakening is US bonds stability sign

The dollar has dropped, as the surge of the US bond yield has currently stopped. Meanwhile, the Australian dollar strengthens due to the country’s employment rate increase, developed faster than expected.

Belarusian company starts proceedings on LatRosTrans oil pipeline ownership rights

The Belarusian company Družba has started legal proceedings on the oil pipeline Polock - Ventspils ten millions of lats worth technological oil ownership rights, on which SIA LatRosTrans has also laid a claim.

LNT Chairman Rudolf Meroni: the Latvian State must protect its national interests

Rudolf Meroni, the Chairman of the Supervisory Board of Latvija naftas tranzīts (LNT) the second biggest Ventspils Nafta shareholder cannot understand, why the Latvian government does not defend the national interest and resources in the case of the LatRosTrans crude oil pipeline.

Latvian companies total loss in 2009 - 754 million lats

Economically active businessmen losses after tax reached 754 million lats in 2009, according to the Central Statistical Bureau (CSB) data.

Big cities residents to pay the highest property tax

If the Saeima approves the government's supported proposal to double property tax for housing, Riga, Jurmala and other big cities residents will have to pay the most in taxes.

Builder: poor use of EU co-funds hinders construction revival

If all the money provided by the EU structural funds in Daugavpils was made use of, each and every builder in the city would be employed. Unfortunately this money is not used enough due to lacking co-financing or other reasons, told Daugavpils construction company SIA Gādība Executive Director Jevģēnijs Vasiljevs.

Lithuania declares war against cigarette smuggling

Lithuania is continuing to fight with cigarette smugglers, aiming to increase 2011 budget revenue.

Frost arrival increases the number of road accidents

The first CASCO and OCTA insurance claims have been received regarding vehicle damage due to frost, ice-cover and snow, the business portal BNN was informed by ERGO insurance company.

Non-financial investments in Latvia – 823.4 million lats

This year, during the period January – September, non-financial investments (at current prices) in Latvia formed 823.4 million lats, of which in the third quarter – 384.9 million lats.

Gasoline price hits new record in Latvia

Gasoline prices in Latvia continue climbing and surpassing all the previous price records. Today, December 8 retailer Latvija Statoil filling stations report 95 octane gas price - 81.4 santims per liter.

Gazprom pledges to delight Latvian consumers

Gas procurement price formulation for Latvia will be changed in the upcoming days. The price correction will be positive news for Latvian consumers, says Gazprom representative in the Baltics Pavel Litvinov.

Economist: price climb is not logical

Price climb is not inevitable in the current conditions, on the contrary, it contradicts the rules of logic in economy, the economist Andres Arrak, says Director of Business Management Institute Mainor.

Non-stop attempts to steal fuel

Illegal fuel obtaining ways differ in Latvia, and according to fuel dealers, may comprise 30% of Latvia’s domestic gas market.