Latvia

International Internet Magazine. Baltic States news & analytics Wednesday, 12.12.2018, 09:48

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Latgale Special Economic Zone included in the list of free zones

Latgale Special Economic Zone included in the list of free zones

11.12.2018

The government on Tuesday amended the Cabinet of Ministers regulations on free economic zone, including Latgale Special Economic Zone in this list.

Keyword tags: Economics, Good for Business, Latvia, Taxation



Latvian ports handle 5.9% more cargo in January-November

Latvian ports handle 5.9% more cargo in January-November

11.12.2018

Latvian ports handled 60.5 mln tons of cargo in January-November - a 5.9% increase on the same period last year, according to the Transport Ministry's data.

Freight shipping by rail in Latvia up 12.1% in January-November

Freight shipping by rail in Latvia up 12.1% in January-November

11.12.2018

In the first 11 months of this year, freight shipping by rail in Latvia increased by 12.1% year-on-year to 44.824 mln tons, according to the data released by the Transport Ministry.


Latvian insurance market may grow 7%-12% next year - association

Latvian insurance market may grow 7%-12% next year - association

11.12.2018

Latvia's insurance market could grow 7% to 12% next year, mostly because the national economy is also expected to keep growing next year, Latvian Insurers Association's President Janis Abasins told LETA on Tuesday.

Financial watchdog allows Musu Investiciju Fonds to announce mandatory takeover bid of Brivais Vilnis shares

Financial watchdog allows Musu Investiciju Fonds to announce mandatory takeover bid of Brivais Vilnis shares

11.12.2018

The Financial and Capital Market Commission (FKTK) on December 7 decided to allow Brivais Vilnis fish cannery shareholder Musu Investiciju Fonds to announce the mandatory takeover bid of Brivais Vilnis shares, the company said in its statement to the Nasdaq Riga stock exchange.


11.12.2018

Remigration pilot project has brought 330 people back to Latvia

A remigration pilot project launched by the government has so far brought 330 people back to Latvia, Dainis Rijkuris, an adviser to the environment protection and regional development minister, said at the conference “To Leave or to Return to Latvia: Zemgale”, reffered LETA.

11.12.2018

In October foreign trade turnover in goods in Latvia was 13.3% larger than last year

Provisional data of the Central Statistical Bureau show that in October 2018 the foreign trade turnover of Latvia amounted to EUR 2.66 bn, which at current prices was 13.3% more than in October 2017, of which the exports value of goods was 6.8 % and imports value of goods was 18.8% higher. In October, Latvia exported goods in the amount of EUR 1.16 bn, but imported in the amount of EUR 1.50 bn. Compared to October 2017, foreign trade balance has worsened as exports in total foreign trade amount decreased from 46.2% to 43.6%.

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