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Ukraine: Ukrgasbank provides investment loans worth UAH 500 million

UkraineBy admin2020-09-07Leave a comment

JSB Ukrgasbank has already issued UAH 500 million of investment loans under the government program “Affordable Loans at 5-7-9%”, the largest indicator among the banks participating in the program, according to a report posted on the bank’s website. “Overall, Ukrgasbank has already financed “Affordable Loans at 5-7-9%” for a total sum of UAH 734 million,…

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Kazakhstan: Qazaq Air launching flights to Kyzylorda

KazakhstanBy admin2020-09-07Leave a comment

Qazaq Air is launching regular flights on Almaty – Kyzylorda route. The flights will be launched from September 9 and will be operated three times a week (Monday, Wednesday and Saturday). In June, Kazakhstan announced a decision to launch international flights to a number of countries following coronavirus-related restrictions of implementing flights. The flights have…

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Latvia: manufacturing production output up in July 2020

LatviaBy admin2020-09-07Leave a comment

Compared to July 2019, manufacturing production output rose by 1.8% in July 2020. Production output increase was also in mining and quarrying (of 11.5%), but in electricity and gas supply there was a drop of 14.1%). Total industrial production output increased by 0.1%. Compared to the corresponding month of the previous year, production output rise…

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Estonia: state budget to be in deficit both this year and coming years

EstoniaBy admin2020-09-07Leave a comment

Minister of Finance Martin Helme (EKRE) said at a government press conference that Estonia had a deficit budget this year and would likely have one in several years to come. An extension of wage support for the tourism industry is not on the cards. Helme added that if the wish were to balance the state…

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Ukraine: defense sector funding cannot be cut

UkraineBy admin2020-09-07Leave a comment

Russia’s ongoing aggression in Eastern Ukraine remains one of the key threats to national security, so the level of funding for the security and defense sector for the next year cannot be reduced, Secretary of the National Security and Defense Council of Ukraine (NSDC) Oleksiy Danilov has said this during a meeting on the defense…

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Ukraine: ready-to-eat and canned fish exports up in H1 2020

UkraineBy admin2020-09-04Leave a comment

Ukraine’s ready-to-eat and canned fish exports grew by 7% YoY in January-June, to $3.5 million, according to the press service of the State Agency of Fisheries. “In January-June, Ukraine exported 1,900 tons of ready-to-eat and canned fish worth $3.5 million, up by $232.1 thousand (7%) YoY,” reads the report. The biggest buyers of Ukrainian-produced ready-to-eat…

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Kazakhstan: Karaganda region to attract 2 times more investment by 2025

KazakhstanBy admin2020-09-04Leave a comment

44 major investment projects that are to create 13 thousand jobs are under implementation in Karaganda region. 1,700 SME projects have already gained the support. According to the region’s governor Zhenis Kassymbek, a plan is said to be mapped out to implement the President’s Address, containing strategies for each point of the Address. The governor…

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Uzbekistan: flights to Kazakhstan to be resumed

Kazakhstan, UzbekistanBy admin2020-09-04Leave a comment

Uzbek airlines resume regular air service to Kazakhstan. In particular, the first flight Tashkent-Almaty-Tashkent is slated for September 11. It will fly once a week on Fridays. Besides, Uzbekistan Airways JSC will fly to the UAE, Germany, Kyrgyzstan and Turkey. All passengers should provide a medical note with negative PCR test results in English or…

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