Three out of four Lithuanian employers prefer employees with work experience in Lithuania rather than abroad, a survey by the Migration Information Centre (MIC) has found. “It is thought that people returning from abroad might be less loyal to the company and more willing to change jobs,” said Indre Jankauskaite-Cince, project manager at the MIC.…
In October, the port of Riga handled almost 2 million tons of cargo, down by 1.4% MoM. In ten months, the Port of Riga handled 17.26 million tons of cargo, almost a third part of the volume was various forestry cargo shipped from Riga to 22 countries around the world, most often to Great Britain,…
Under the government’s program “Affordable Loans at 5-7-9%” banks have issued loans worth more than UAH 70 billion to almost 25,000 businesses. Prime Minister Denys Shmyhal wrote about this on his Facebook page. “The 5-7-9% program gathers momentum. Finally, I’d like to note that as part of the 5-7-9% program initiated by the President of…
In July-September, the Ukrainian banking sector significantly accelerated growth in lending on a year-on-year basis, most notably in the corporate and mortgage segments. This is said in the Banking Sector Review published on the website of the National Bank of Ukraine. In Q3, net hryvnia loan portfolios in the corporate sector grew by 13.1%. In…
Uzbekistan and Turkey intend to launch the system enabling to ensure the electronic exchange of permit forms for the carriage of goods, Uzbekistan’s Ministry of Transport has reported. As part of the first stage of its implementation, the Ministry of Transport for the first time organized a test car rally using E-Permit. On November 6,…
Excise duty on cigarettes is set to rise by 5% from January 2022, the Finance Ministry says. Interest rates on tax arrears are to return to their pre-coronavirus crisis levels from January 2022. The rate will rise from its current level of EUR 145.60 per 1,000 cigarettes, to EUR 152.85 per 1,000, from January 2022,…
In January-October, the Freeport of Riga handled 17.26 million tons of cargo, down by 13.3% YoY. According to the port’s statistics, handing of grain increased by 0.8%, to 2,150,500 tons, ore – by 13.6%, to 576,600 tons, wood pellets – by 3%, to 1,797,900 tons, sawn timber – by 84%, to 500,900 tons, and timber…