A total of EUR 707.5 million in tax revenues was paid to the Tax and Customs Board (MTA) in June, up by 7.5% YoY. Tax receipts in the first half of 2019 increased by 4.9% YoY, the Ministry of Finance said. VAT revenues increased by 7.2% in June. Retail trade contributed the most to this…Details
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China Railway No. 5 has suspended construction work on Bishkek – Kara-Balta road. Reconstruction of the highway was in full swing on August 7. But on August 8 all the equipment was removed from the road, and there were no workers. Both day and night shifts did not work. Employees said they were informed about…Details
As of July 1 the number of hired employees in the Azerbaijani economy increased by 4.4% and exceeded 1.6 million people compared to the same period of 2018, the State Statistics Committee reported. Some 903,400 of people were employed in the public sector, while 710,300 people – in the private sector. Of the total number…Details
Ukrainian President Volodymyr Zelensky has said he hopes that Ukraine and Turkey will sign a free trade agreement soon. He said this at a joint briefing with Turkish President Recep Tayyip Erdogan in Ankara. “Cooperation between our countries is extremely rich. We will hold the eighth meeting of the Ukraine-Turkey High-Level Strategic Council in Kyiv…Details
In autumn Wizz Air is going to return to Odesa and open six new routes to cities in Germany, Poland, Hungary and Slovakia. In addition, a route to Larnaca will be launched from Lviv. “Wizz Air will fly from Odesa to Wroclaw starting from November 1, to Berlin, Budapest, Gdansk, and Katowice from November 2…Details
Local and Russian enterprises and businessmen demonstrate continuous interest in cooperation due to similar business structures, preferential tax and customs regimes and availability of different transport routes which ease logistics issues. Business people from Tyumen, Russia, who will be in Baku on August 11-16, plan to establish ties with potential partners from Azerbaijan. The visit,…Details
Armenia’s economic activity index grew by 6.5% YoY in January-June, according to official data published by the National Statistical Committee. In particular, the service sector grew by 15.3%, trade turnover by 8.9% and the industrial output by 6.9%. In January-June construction volumes increased by 4.7%. Consumer price index grew by 2% and the agricultural output…Details