Compared to March 2016, total retail trade turnover in Latvia rose by 1.5% in March 2017. Turnover of retail trade in food products declined by 0.8%, whereas turnover of retail trade in non-food products grew by 3.3%. The most significant turnover growth in the non-food product group was recorded in retail sale of information and…
DetailsBelarus has reduced beer imports 5-fold in the past two years, Chairman of Belgospishcheprom Concern Alexander Zabello said. “I cannot say that the domestic brewing industry makes no headway. Yes, the sales are shrinking a bit, but we do not have a 10-15% slump as the neighboring countries are registering. Beer exports have reduced 5-fold…
DetailsOn April 28, president Emomali Rahmon and Dushanbe Mayor Rustam Emomali attended a ceremony of opening of the National Reference Laboratory, according to the Tajik president’s official website. The total cost of the laboratory is 23.8 million somoni, including 7.857 million somoni spent for construction of the building and 16 million somoni spent to provide…
DetailsNegotiations over the suspicion of flights by two Russian airlines to Tajikistan and by Tajik private air carrier to Moscow that resumed in Moscow on April 25 are still going on. “The negotiations were supposed to be concluded on April 26, but the sides have not yet come to an agreement on flights by Russian…
DetailsAn OSCE-organized training course on security procedures at aviation checkpoints and analyzing X-ray images for aviation security and law-enforcement personnel has been held in Ashgabat, the OSCE said in a message. The practical training course brought together 19 officials from the Aviation Security Service of Turkmenistan Airlines, the Transport Police of the Interior Ministry, the…
DetailsOn the outcomes of the activities of 2016 as well as of the first quarter of 2017 the country shows a positive trend of gradual economic upturn, and this should be the basis and the key to boost investment in the country and ensure implementation of successful projects in the real economic sector, Ukrainian Prime…
DetailsUkraine’s State Treasury on April 26 refunded VAT to 2,704 taxpayers for UAH 9.946 billion. The authority said that VAT was not refunded to 13 taxpayers for UAH 5.969 million, as the wrong information about the bank’s address was presented, as the bank was under liquidation. The treasury said that information about the state of…
Details12.1 KMT of mayonnaise was produced in Ukraine in March, up by 46% MoM (8.3 KMT). In addition, March’s mayonnaise production exceeded the two-year average (10.4 KMT). In total, 28.2 KMT of mayonnaise was made in Ukraine in January-March, down by 5.7% YoY (29.8 KMT in January-March 2016). Analysts expect this year’s mayonnaise output in…
DetailsAccording to the data of Association of Latvian Commercial Banks, compared to 2015, the number of POS terminals in Latvia increased 16% in 2016, reaching 41,613 terminals in total. On average, 494 new POS terminals are released in the country. Aside from that, the number of legal persons using POS terminals to process clients’ payments…
DetailsThe number of banks with a “problem” status has reduced from five to three, Deputy Governor of the National Bank of Ukraine (NBU) Kateryna Rozhkova has stated. “Two out of five problem banks were transferred to the Deposit Guarantee Fund, namely Vector Bank and Diamantbank,” Rozhkova said. Currently, there are three problem banks in Ukraine’s…
DetailsTajik President Emomali Rahmon has given start to construction of a number of new administrative and educational facilities in Dushanbe, according to the Tajik president’s official website. Rahmon attended a groundbreaking ceremony for construction of a new building for the Supreme Court of Tajikistan. An estimated budget for construction of a new 16-story building of…
DetailsThe term of receiving tender applications for construction of converter substation for the CASA-1000 Project at Sangtuda has been extended again; this time till May 11, according to the CASA-1000 website. The matter reportedly concerns the search for contractors for construction of converter substation in Sangtuda (Tajikistan) and Nowshera (Pakistan). This tender process was supposed…
DetailsThe consolidated net profit of PJSC Motor Sich in the first quarter of 2017 according to the international financial reporting standards (IFRS) amounted to UAH 1.457 billion, up 4.8-fold YoY (UAH 304.67 million), according to the company’s quarterly report. According to its data, net sales income in January-March this year increased by 63.4%, to UAH…
DetailsThe tax policy reform will make Latvia more competitive in comparison with other Baltic States. In addition, reforms in the country will introduce the largest PIT benefits for dependents among other Baltic States, Finance Ministry promises. “Tax burden decline for labor taxes and increased benefits will be felt by all residents,” the ministry states. PIT…
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