The U.S. dollar and the euro continue to fall in price in Ukraine. On May 14, the U.S. dollar fell by 10 kopiykas, while the euro fell by 7 kopiykas. Experts believe the trend toward strengthening the hryvnia will continue. “The hryvnia exchange rate may range at UAH 25.9-26.75 to the dollar in May. The…Details
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According to the consolidated interim report, the first quarter of 2019 has brought the international logistics and transport company AS Operail a net profit of EUR 2.6 million, which is twice as much as their net profit in the first quarter of 2018. Operail CEO Raul Toomsalu said that the main source of their profit…Details
Kazakh National Economy Minister Ruslan Dalenov gave an insight into the country’s economic growth rates. According to him, the country’s GDP growth made 4% in January-April against 3.8% recorded in this January-March due to accelerated development in manufacturing sector, service industry, agriculture and steady construction rates. “Since the beginning of the year the inflation rate…Details
The National Bank of Kyrgyzstan has ceased direct banking supervision at Rosinbank OJSC, press service of the National Bank reported. According to it, measures for financial rehabilitation of the bank have been taken and capitalization of Rosinbank OJSC has been carried out. Thanks to this, bank’s compliance with the economic standards and mandatory reserve requirements…Details
UAH 42.6 billion worth of value added tax (VAT) was reimbursed to large taxpayers in January-April, up by 34% YoY, according the press service of the State Fiscal Service’s Office of Large Taxpayers. Compared to 2018, the share of large businesses in the VAT refund across Ukraine grew and exceeded 74% of the total amount…Details
This year, the first sugar beet seedlings were damaged by waterlogged topsoil and high relative humidity. According to Ukrainian Hydrometeorological Center, precipitation on the territory of Ukraine reached about 100-150 mm. “Beetroot zone is located in a waterlogged soil zone. This led to a partial washout of sugar beet seed. Also, due to high rainfall,…Details
The value added tax will remain 21% in Lithuania after the country’s parliament on May 9 rejected the liberals’ initiative to cut it to 18% from 2020, a level that was before the 2009 crisis. 22 lawmakers voted in favor of the parliament starting deliberation of the proposed amendments to the Law on Value Added…Details