China CITIC Bank is interested in buying a Belarusian bank. The idea was discussed as Prime Minister of Belarus Andrei Kobyakov met with a delegation of the Chinese corporation CITIC Group led by President Wang Jiong. According to Andrei Kobyakov, the possibility of buying a share in a Belarusian bank has already been discussed with…
DetailsIn January-March consumer loans were provided most actively by the state-owned banks and banks with private Ukrainian capital, the press service of the National Bank of Ukraine (NBU) reported. “Consumer lending remains high – for the first quarter the volume of lending portfolio to individuals increased by 5.6%, to UAH 83.8 billion, or by more…
DetailsThe state-owned company Ukrspecexport, a part of the State Concern Ukroboronprom and Ukraine’s main exporter of all types of weapons and military equipment, increased its net profit by 69% YoY in January-March, to UAH 64.34 million ($2.4 million) from UAH 38 million ($1.4 million). Net revenue from sales of products in Q1 stood at UAH…
DetailsMogilev companies are planning to branch out into the Japanese meat and dairy market. Relevant contracts may be concluded at the first Belarusian-Japanese economic forum in Japan on May 9-11, Ambassador Extraordinary and Plenipotentiary of Belarus to Japan Ruslan Yesin announced. “The forthcoming forum will include meetings between Mogilev meat and dairy producers and Japanese…
DetailsAccording to information released by Statistics Estonia on May 8, the consumer price index (CPI) in April increased by 0.4% MoM and by 2.9% YoY. Compared to April 2017 goods were 3.2% and services 2.4% more expensive. Regulated prices of goods and services have risen by 7.6% and non-regulated prices by 1.6% compared to last…
DetailsA new composition of asphalt is for the first time used in Bishkek for repair of roads, the head of the Capital Construction Department Nurlan Eshenbaev reported. “The difficulty is that our manufacturers have no experience in it. The components are slightly different. This causes a delay in repairing the streets,” he said. “The use…
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