S&P Global Ratings kept their “B+” long-term global scale issuer credit rating and “kzBBB-” long-term Kazakhstan national scale rating on Kazkommertsbank (KKB) on CreditWatch with positive implications, where it was placed on December 22, 2017, the press office of the international rating agency reported. At the same time, the rating agency affirmed the “B” short-term…Details
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Freight volume handled at the Port of Klaipeda in January-February grew by 6% YoY, to 7.25 million tons, the Port Authority statistics said. Transshipment of liquid bulk cargo grew by 7.6%, to 1.98 million tons, and general cargo – by 19.7%, to 2.28 million tons, while dry bulk cargo fell by 3.4%, to 2.99 million…Details
Prime Minister of Ukraine Volodymyr Groysman stated that the Ukrainian economy grew by 2.5% in 2017. “Ukraine’s economy grew by 2.5% in 2017. When I became the prime minister, the main task of our government was to stop the decline. We did it and the Ukrainian economy began to grow. I understand that such indicators…Details
Financing of energy saving projects in Vinnytsia region grew by 13%, to UAH 262 million in 2017 compared with the previous year. This has been reported by the department of information activities and communication with public at Vinnytsia Regional State Administration. “The implementation of energy saving projects remains topical issues for the region. In 2017…Details
The talks were held at the Ministry of Foreign Affairs of Turkmenistan with the delegation of the Islamic Republic of Iran headed by the Minister of Oil Bijan Namdar Zangane. Speaking about the political and diplomatic direction of cooperation, the sides noted the role of visits at higher levels. In this context, the Turkmen side…Details
Latvian Prime Minister Maris Kucinskis’ managed Finance Sector’s Development Council supported initiative on prohibiting shell companies, as confirmed by the prime minister. “We have reached an agreement on prohibition of shell companies in Latvia,” said Kucinskis, adding that the government planned to review this matter on April 3, and the Saeima – on April 8.…Details
The International North-South Transport Corridor will make a significant contribution to increase in cargo transportation through Azerbaijan, the Black Sea Trade and Development Bank (BSTDB) declared. “BSTDB is interested in such infrastructure projects,” the bank said. “The North-South project is a regional initiative covering several BSTDB member-states, which is another reason for BSTDB to support…Details