Georgia’s external trade turnover amounted to $882.4 million in January, up by 5.7% YoY, showed data from the National Statistics Office of Georgia (Geostat). The value of exports increased by 10% and reached $262.6 million, while imports increased by 3.9%, amounting to $619.7 million. The trade deficit of Georgia in January amounted to $357.1 million,…
DetailsEurope’s largest bus company, FlixBus, will start traveling to Tallinn under plans to expand to eastern and western Europe in the first half of 2020. The Ministry of Economy has approved FlixBus Polska’s request to open bus routes on Berlin-Tallinn, Warsaw-Tallinn and Prague-Tallinn. “We are preparing to start operations in the Baltic States,” said Michal…
DetailsPlan of Development Bank of Kazakhstan (DBK) for project’s support in 2019 was 446.5 billion tenge ($1.1 million), DBK Deputy Chairman of the Management Board Duman Aubakirov announced. Aubakirov noted that in accordance to DBK’s development strategy, the bank was planning to allocate approximately 4.4 trillion tenge ($11.5 billion) for development of processing industry and…
DetailsHead of Ukravtodor Automobile Road Agency Oleksandr Kubrakov says Ukraine’s main highways network could be upgraded within two or three years. “I think the country has a chance to get good roads and renew their main network in two or three years. But we can show a truly unprecedented result and construction scope as early…
DetailsThe Serbian national airline Air Serbia announced the launch of regular flights from Lviv to Belgrade (Serbia) from June, the press service of Lviv Danylo Halytskyi International Airport reported. “Starting from June 5, Air Serbia opens a new direction on the Lviv-Belgrade route. Flights will be operated four times a week, on Mondays, Wednesdays, Saturdays…
DetailsThe implementation of the project on the construction of a gas collector at the Lilo landfill in Georgia will ensure a normal operation of the landfill, which, in turn, will improve the environmental situation in the capital, Tbilisi City Hall has reported. According to the Tbilisi City Hall, on November 22, 2019, the Tbilisi City…
DetailsAs of January 31, the country’s external reserves hit $29.3 billion, up by 1.2% or by KZT 352 million MoM, the National Bank’s press service reported. However, assets in freely convertible currency decreased by KZT 415 million, to KZT 9.67 billion. Gold assets increased by KZT 768 million, to KZT 19.64 billion due to a…
DetailsConstruction of a madrasah for girls in Suzak district of Jalal-Abad region has been suspended. As the Regional Office of the State Inspectorate for Environmental and Technical Safety reported, experts found a lot of violations. The construction of the religious educational institution for girls is funded by sponsors from Arab countries. They have allocated 25…
DetailsThe share of non-performing loans (NPLs) in Ukraine’s banking system in 2019 was below 50% for the first time in three years, having shrunk to 48.4% as of January 1, 2020. “Loan portfolio quality improved across all bank groups, except for banks with Russian capital,” the National Bank of Ukraine (NBU) said on its website.…
DetailsFinance Ministry says the Supervisory Board of the Ukrainian Startup Fund has decided to provide grants to the first eight projects that presented their ideas at the first Pitch Day on January 25. Seed grants (worth UAH 1.25 million or $50,979 each) will be provided to the following companies: AeroDrone (integrated solutions based on drones);…
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