In April, actual unemployment rate comprised 8%, down by 0.1% MoM. The unemployment rate among women remained at 7.5% in April, whereas among men it decreased by 0.1%, to 8.5%, according to data of the Labour Force Survey (LFS) conducted by the Central Statistical Bureau (CSB). Unemployment rate registered by the State Employment Agency (NVA)…Details
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Food and Agriculture Organization of the UN has launched a $3.4-million 4-year project “Smart Farming for the Future Generation”. Organized with the financial support of the Republic of Korea, the project is also underway in Vietnam. Three demonstration sites are to be created in Uzbekistan to build capacity, develop agribusiness opportunities and receive technical support.…Details
Bankruptcies rose by 26% YoY to 2020, which was also the first year the bankruptcy rate had increased since the last economic downturn. While the situation is not as bleak as it had been in the last downturn over 10 years ago, the pandemic has brought about a situation where start-ups without significant assets are…Details
As part of the XIII International Forum “Polish-Ukrainian Business Days”, two memoranda of cooperation were signed in Warsaw on May 20. The Memorandum of Understanding was signed between the Exporters and Investors Council under the Ministry of Foreign Affairs of Ukraine and the Ukrainian Business Association in Poland. It was signed by Ambassador of Ukraine…Details
Ukraine boosted commercial fishing in the Black Sea and the Sea of Azov 1.5-fold YoY in the first four months of 2021, the State Fisheries Agency reported. “Thus, in January-April, Ukrainian fishermen caught more than 1,127 tons of fish and seafood in the seas. In the same period in 2020, this figure was 773 tons,”…Details
Following changes to its network of routes, the Latvian national airBaltic airline has commenced an internal process to hire back 20 former flight attendants. However, there is one requirement – they have to be vaccinated for Covid-19, according to publicly available information. “All new employees whose duties include direct contacts with other people are required…Details
The Chevrolet brand has topped the list of the best-selling car models in Kazakhstan. The Association of Kazakhstan Automobile Business said that demand for these cars had surged by almost 5000%. According to the source, in just the first four months of this year, sales of Uzbek cars in Kazakhstan soared by 4697% compared to…Details