The Bishkek City Council has approved budget of the capital for 2019. The draft budget of Bishkek for 2019 provides for total expenses in the amount of 8,430,022.5 billion soms. At least 807,090 million soms are provided for capital investments. These funds will be spent on the construction of social facilities, completion of the engineering…
A subsidiary of AS Tallink Grupp, Baltic SF IX Limited and Marine Atlantic Inc, a Canadian company with the state participation therein, have concluded to extend the current charter agreement of MV Atlantic Vision (ex. Superfast IX) for one year, until November 2020, with an option to extend the agreement for an additional two years.…
The volume of bilateral trade between Kazakhstan and Malaysia increased almost 4-fold compared YoY and amounted to $478 million in 2018, the Ministry of Foreign Affairs of Kazakhstan reported. Exports from Kazakhstan reached $351.7 million, while imports from Malaysia reached $126.1 million. In 1996, Kazakhstan and Malaysia opened their embassies in Kuala Lumpur and Almaty,…
The Deposit Guarantee Fund last week sold insolvent banks’ assets worth UAH 136.82 million, the fund’s press service reports. “Last week the assets of 22 banks, which were in the management of the Fund, were sold for UAH 136.82 million,” the report says. In particular, UAH 118.82 million was received from the repayment of fund…
The Deposit Guarantee Fund of Ukraine has extended the term of liquidation of JSC Commercial Bank Expobank, the Fund’s press service reports. “The Executive Directorate of the Deposit Guarantee Fund approved a decision as of March 14, 2019, No.576, to extend the term of liquidation of JSC Commercial Bank Expobank from March 31, 2019 until…
Estonia’s 2019 economic growth is forecast to fall below 3%, while rapid wage growth is expected to attract growing numbers of foreign labor, according to the latest economic forecast published by Luminor. “Estonia’s strong GDP growth of 3.9% in 2018 is expected to follow a general moderation trend evident in external markets, and fall below…
It is clear there are too many banks for Latvia’s domestic market, said chairman of Finance and Capital Market Commission Peteris Putnins. He admitted that not a single bank present in Latvia worked with just one clientele segment. However, the country’s market is not big enough for them to work as widely as Scandinavian banks,…