The share of cashless payments in Ukraine in January-June increased by 5.7% YoY, to 55.1%, and the total number of cashless transactions rose by 4.1%, to 86.1% (3.36 billion), according to the website of the National Bank Ukraine (NBU). According to the NBU, the total number of transactions (non-cash and cash withdrawals) using payment cards…
Ukraine’s airline SkyUp Airlines will launch flights from Kyiv to Istanbul (Turkey) from September 25. “We will start on September 25. Departures on Monday, Wednesday and Friday. We arrive at the brand new Istanbul International Airport. It takes 30 minutes by car from the airport to the city center,” the airline wrote on its Facebook…
Ukrainians in July sold $1.543 billion in cash through the banking system, up by $222 million from what they bought ($1.321 billion). Thus, foreign currency sales exceeded purchases for the eighth month in a row, the National Bank of Ukraine said on its website. Since the beginning of the year, sales of cash foreign currency…
The National Bank of Ukraine (NBU) has estimated how much money has been sent by Ukrainian migrant workers home since the beginning of the year. From January to June, private remittances via official and non-official channels to Ukraine totaled $5.365 billion in the equivalent; while those from Ukraine stood at $246 million in the equivalent,…
E-sports should become a part of Ukraine’s economy, as competitions and game development can replenish the state budget. “E-sports is a powerful global trend. About 600 million people, including millions of Ukrainians, are engaged in this activity. Thus, e-sports should become a part of our country’s economy as competition, infrastructure and game development can significantly…
In MY 2019-2020 Ukraine decreased flour output by 6.2%. Bread and bakery products manufacture fell by 13.2%, macaroni products – by 2.8%, bran – by 3.3%, while hulled, half-hulled or crushed rice – by 8.4%. At the same time, production of groats and coarse flour from oats, corn, rice, rye and barley increased by 13.7%.…
Ukraine International Airlines (UIA), Ukraine’s largest air carrier, has announced the revision of its domestic and international flight program for August and cancelled a number of flights until the end of this month. The flight plan is based on the assumption of passengers’ free movement across the borders of the European Union and the Schengen…