According to the data of Association of Latvian Commercial Banks, compared to 2015, the number of POS terminals in Latvia increased 16% in 2016, reaching 41,613 terminals in total. On average, 494 new POS terminals are released in the country. Aside from that, the number of legal persons using POS terminals to process clients’ payments…
The number of banks with a “problem” status has reduced from five to three, Deputy Governor of the National Bank of Ukraine (NBU) Kateryna Rozhkova has stated. “Two out of five problem banks were transferred to the Deposit Guarantee Fund, namely Vector Bank and Diamantbank,” Rozhkova said. Currently, there are three problem banks in Ukraine’s…
Tajik President Emomali Rahmon has given start to construction of a number of new administrative and educational facilities in Dushanbe, according to the Tajik president’s official website. Rahmon attended a groundbreaking ceremony for construction of a new building for the Supreme Court of Tajikistan. An estimated budget for construction of a new 16-story building of…
The term of receiving tender applications for construction of converter substation for the CASA-1000 Project at Sangtuda has been extended again; this time till May 11, according to the CASA-1000 website. The matter reportedly concerns the search for contractors for construction of converter substation in Sangtuda (Tajikistan) and Nowshera (Pakistan). This tender process was supposed…
The consolidated net profit of PJSC Motor Sich in the first quarter of 2017 according to the international financial reporting standards (IFRS) amounted to UAH 1.457 billion, up 4.8-fold YoY (UAH 304.67 million), according to the company’s quarterly report. According to its data, net sales income in January-March this year increased by 63.4%, to UAH…
The tax policy reform will make Latvia more competitive in comparison with other Baltic States. In addition, reforms in the country will introduce the largest PIT benefits for dependents among other Baltic States, Finance Ministry promises. “Tax burden decline for labor taxes and increased benefits will be felt by all residents,” the ministry states. PIT…