On January 24, Port of Tallinn’s Supervisory Board got an overview of the company’s activity and preliminary performance results for 2016, according to which Port of Tallinn’s cargo flow decreased by 10%, number of passengers increased by 4%, total revenue amounted to EUR 111 million and operating profit to EUR 49 million. According to preliminary…
DetailsThe Board of the National Bank of Kyrgyzstan on February 27, decided to retain the size of the bank rate of 5%, its deputy chairman Nurbek Zhenish said. The decision was made on the basis of social and economic development of the country in February. It is noted that inflation dynamics in Kyrgyzstan now was…
DetailsThe World Bank (WB) maintains interest in the creation of a Development Bank in Azerbaijan, Angela Prigozhina, the WB senior financial sector specialist, declared. “We do not abandon this idea – there are a huge number of other state financial institutions, including funds and agencies that are engaged in lending to the economy and support…
DetailsKazakhstan supplied 221 KMT of flour to foreign markets in December 2016, down by 5% YoY, but nevertheless it was one of the largest export volumes for this time of season. Kazakh flour exports for the four months of 2016/2017 were up by 23.3% YoY at 941 KMT against 763.3 KMT in September-December 2015. Afghanistan…
DetailsCommon people should feel the results of domestic economic growth already this year, president of Ukraine Petro Poroshenko said. “We are making efforts for the common people to start feeling that the situation in the country is changing for the better. The efforts include a sharp increase in the minimum wage up to UAH 3,200,…
DetailsAfter tests conducted by the National Bank of Ukraine (NBU) a total of 36 banks are to reduce credits issued to affiliated persons, the NBU has reported on its website. “After tests it has been identified that the largest credit risks for debts of affiliated persons were higher than the requirement at 44 banks. As…
DetailsOil production in Ukraine decreased by 4.4% YoY in January, to 129,400 tons. The Ministry of Energy and Coal Industry reported that gas condensate production for the period increased by 7.6%, to 58,100 tons. Naftogaz Ukrainy enterprises in January cut oil production by 4.6%, to 127,000 tons, gas condensate output – by 3.5%, to 38,800…
DetailsIn January the production volumes of crude sunflower oil in Ukraine totaled 476 thousand tons, up by 50.9% YoY, but down by 14.5% MoM, the State Statistics Service of Ukraine reported. In the reporting period, the production of margarines and edible fats totaled 17 thousand tons, up by 28.4% YoY, but down by 15.9% MoM.…
DetailsBelarus plans to increase its baby food exports to Pakistan to $1.1 million in 2017, Aleksei Bogdanov, the head of the main division for foreign economic affairs at the Agriculture and Food Ministry, declared as he attended the meeting of the Belarus-Pakistan working group on cooperation in agriculture. “As for our export to Pakistan, it…
DetailsTajik national air carrier, Tajik Air, plans to resume domestic flights en route Dushanbe – Khorog – Dushanbe soon. The airline is expected to resume flights to Khorog, the capital of the Gorno Badakhshan Autonomous Region (GBAO), Aziz Khairulloyev, a spokesman for Tajik Air, said. According to him, Tajik Air will use helicopter Mi-8 to…
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