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Swedbank: Latvian online stores flourish
(No Ratings Yet)Popularity of Latvian online shopping sites keeps growing, according to Swedbank.
Compared to 2010, the number of deals spiked 147% in 2011, the bank has concluded from performance of online sites that use Swedbank online banking services.
Businessmen appreciate the advantages the Internet offers. They are selling their goods and services online more and more often. In 2011, the number of contracts on online banking services climbed 160%.
Insurance, cosmetics and collective shopping sites are the most popular in Latvia.
“The fact the number of online stores is up significantly can be explained with the trend that businessmen follow the needs of customers, who want to shop when it is the most convenient for them. Besides, foreign companies have already shown people that online shopping offers a greater variety of products and cheaper prices,” says Laura Poca-Rozenbluma, Swedbank representative.
Ref: 103.105.105.888
U.S. Senate rejects Obama’s next year budget project
Wednesday, May 16, the Senate of the United States of America unanimously rejected the 2013 budget plan of President Barack Obama, rejecting the alternative project of the republicans at the same time.
Foreign trade grows 15.6%
In January - March 2012 the total value of goods in foreign trade of Latvia at current prices reached LVL 3453.5 million – an increase of LVL 466.7 million or 15.6%, as compared to January – March 2011.
Facebook share as a souvenir: more than 800 000 potential buyers
While business «sharks» are preparing to handle large packages of Facebook securities, collectors and people seeking original gifts besiege specialized websites, wanting to buy just one Facebook share.
Virgin Atlantic to allow in-flight calls
Passengers flying with Virgin Atlantic from London to New York will soon be able to make in-flight phone calls using their personal mobile devices.
Berkis’ and Lembergs’ interests were, probably, also lobbied by the Minister of Justice
Minister of Justice Gaidis Berzins used his influence to help the Ventspil millionaire Olaf Berkis to become the Chairman of the Council of Ventbunkers.
European Central Bank stops operations with Greek banks
The European Central Bank has stopped providing liquidity to some Greek banks as they have not been successfully recapitalized, the ECB said on Wednesday, May 16.
German government increases its salary
The German Cabinet of Minister led by Chancellor Angela Merkel will receive an increase to salaries. The income of politicians will increase for the first time since 2002.
Natural gas deposits found near the shores of Mozambique
The Italian Eni energy company and the American Anadarko Petroleum report about the discovery of two large natural gas deposits near the shores of Mozambique.
Google promises to make search engine more «human»
The largest search portal in the world – Google – offers a new service called Knowledge Graph, with the help of which users will be able to receive instant answers for their questions.
Greece appoints interim government
On Wednesday, May 16, Greece appointed an interim government. It will be headed by the 67-year-old judge Panagiotis Pikramenos who has so far been the head of the Greek Supreme Administrative Court.
An opportunity for Latgale means and opportunity for all Latvian regions
Before the approval of the Latgale development plan by the Cabinet of Ministers, the Minister of Environmental Protection and Regional Development Edmunds Sprudzs discussed the measures stated in the plan for business improvement in the region with municipal leaders and local administrations.
Computer software would be cheaper if more people bought it
While in international terms computer piracy in Latvia was 56% for five years, it is easily to guess how much a software would cost if more 56% bought it – it would cost more than a half cheaper, authorized representative of the international association of software manufacturers Business Software Alliance Ingrida Veiksa said.
CPCB detains high ranking SRS official
Operatives of the Corruption Prevention and Combating Bureau (CPCB) have detained a high ranking State Revenue Service (SRS) official - SRS Large Taxpayers Department Director Valdis Lubgans.
Israeli ambassador: Iran presents a massive threat to the world
Iran presents not only a threat to Israel, but to the entire world as well; that is why the decision to perform a military strike should be made on an international level, claims ambassadress of Israel to Latvia Hagit Ben-Yakov.
Retro Tram to run in Riga
Starting from Friday, May 18 until September 30, every Friday, Saturday, and Sunday as well as holidays Riga residents will be able to relive a small portion of the past of our fair city – a portion the size of the interior of a retro tram. This summer Riga residents and guests will be able to enjoy a ride in a tram built in 1901.
Latvian resorts - the most underdeveloped in Baltic States
«Because the status of our resorts is not stated in Latvian Law, our resorts are significantly lagging behind not only those of other European countries but those of Lithuania and Estonia as well. If the development of resorts is not included in the National Development plan of 2014-2020, then this difference will only grow more», - Chairman of the Board of the Latvian Resort Association Maris Dzenitis notes, summing up the first impressions of the 17th European Resort Association congress, taking place in Jurmala on May 15-18.
Greeks actively withdraw money from bank accounts
In fear that Greece could soon exit the united European currency zone – Eurozone, and return to their weaker national currency, Greek residents actively withdraw money from their bank accounts.
The crashed Russian airplane in Indonesia was a reserve model
The Russian Sukhoi Superjet-100 airliner, which crashed in Indonesia on May 9, turned out to be a reserve model. During its demonstration tour across Asia, the main Superjet-100 airliner was withdrawn from performing flights before it reached Indonesia because of the possibility of it having engine problems.
France's new prime minister takes office
France's new prime minister Jean-Marc Ayrault officially took the office on Wednesday, May 16.
Strauss-Kahn files a counterclaim against the New York maid
The former head of the International Monetary Fund (IMF) Dominique Strauss-Kahn filed a counterclaim against the maid of the New York hotel Nafissatu Diallo, who accused him of rape.
More and more people can't afford to see a doctor
47.9% of residents said last year their health status was good or very good, while 35.5% said it was only average.
The «godfather» of GFU uses Audi A8L thanks to an alleged agreement with Unity
The question of why the accused Mayor of Ventspils Aivars Lembergs is allowed to show up for hearings at the Riga District Court in a lux class Audi A8L, owned by the free port, does not interest the representative of the Unity controlled Ministry of Finance Sandra Bukane, who, in turn, has the generously well paid post of the member of the Board of Ventspils Free port.
Hollande and Merkel discuss Greece's destiny
Newly inaugurated French President Francois Hollande has pledged to work with Germany to resolve the EU's economic crisis.
61% would rather choose unqualified, but higher paying job
About three fourths (74%) of Latvian residents mentioned high wages as the main criterion of a good job – other factors are less important. Another popular criterion - “interesting work” - has got only 48% of answers, while others are considered to be even less important.
Obama’s family property is worth 8.3 million dollars
In his declaration, President of the United States of America stated that his family’s property is worth from 2.6 to 8.3 million dollars.
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Vasiliev @ 2012-05-17 13:45:24
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Solveig Finland @ 2012-05-17 10:52:41
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Agree @ 2012-05-16 21:30:11
This guy is a fantastic person. He should sue this fame seeker
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Estonian @ 2012-05-16 18:00:21
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Maedhros @ 2012-05-16 13:08:21
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