Latvia joined Estonia June 22 is ratifying the binding agreement on the construction of the major Rail Baltica rail link through the Baltic states, leaving only Lithuania now to formally and fully commit to the project.
Two Ventspils-based companies - Noord Natie Ventspils Terminals and Baltijas Ekspresis - are asking the Latvian government to compensate them to the tune of €8.3m in revenues they claim are lost because of Latvia's non-participation in the Nord Stream 2 gas pipeline project.
A 100-room spa hotel will be unveiled within a few years in Rēzekne after investment from municipal, EU and private funds, reported Latvian Radio on June 20.
A Latvia-based inventor and maker of games for kids (and adults) of all ages has won a prestigious international prize in Germany.
The Estonian parliament, the Riigikogu, on June 19 became the first of the three Baltic states to ratify the agreement governing the construction of a new high-speed rail line, Rail Baltica.
Nelja Energia, an Estonian renewable energy company, on June 15 opened a €30m cogeneration plant and pellet factory in Brocēni, Latvia.
A commission assessing candidates for the Freeport of Riga CEO has picked Latvijas Dzelzcels railroad company council chairman Ansis Zeltins as the best candidate.
The state-owned Pasazieru Vilciens (Passenger Train) company will continue its procurement for 32 new electric trains, even though the project will have an impact on the state budget, as the government supported the move in principle on June 13.
The Bank of Latvia has raised Latvia’s gross domestic product (GDP) growth forecast for 2017.
A group of travelers left stranded in Tallinn after their airBaltic flight was cancelled June 8 are threatening legal action against the airline and Tallinn airport over their treatment.
Russian businessman Igor Makarov, the owner of international group Areti (formerly Itera), is interested in buying shares belonging to Itera Latvija in Latvijas Gaze and Conexus Baltis Grid natural gas companies, said Itera Latvija board chairman Juris Savickis.
The latest data from the Central Statistical Bureau (CSB) released June 8 show that during the year (in May 2017, compared to May 2016) the average level of consumer prices increased by 2.8 %. Prices of goods grew by 2.6 % and prices of services by 3.6 %.
Riga will spend €12m to repair wide stretches of the capital's chief streets including Brīvības, Valdemāra, Elizabetes, Stabu, Dzirnavu, Merķeļa and others this summer. The way roadworks are organized have already faced criticism.
Riga mayor Nils Ušakovs (Harmony) promises reforms in the Riga housing management company Rīgas Namu Pārvaldnieks (RNP), he said appearing on LTV June 7.
The Latvian capital Riga attracted the bulk of foreign investments in Latvia in the 2011-2015 period.
Representatives of the controversial Nord Stream 2 gas pipeline were in Riga June 6 promoting the project.
Estonia is reinstating ID checks on the border with Latvia on June 6 and 7 as part of a cooperation exercise between the countries' border guards, reported LTV.
Following an investigation by LTV's Forbidden Methods broadcast on June 5, Latvian tax authorities raided a number of restaurants in Old Riga popular among foreign guests.
A new tram route - tram line Number 1 - has started serving passengers from June 5. It joins the neighborhoods of Jugla and Imanta in a ride that lasts a little more than an hour.
SIA Merks, the Latvian part of Estonia's large AS Merko Ehitus construction group, has signed a 36 million euro contract to complete the 'Z-Towers', a pair of structures at 30 Ranķa Dambis, Riga that look like enormous salt and pepper shakers.
Latvia's latest foray onto the international financial markets was a success, meaning all refinancing needs for the year have been met, the State Treasury reported June 2.
On June 2 Latvian national flag carrier airBaltic received the fourth of its 20 Bombardier CS300 jets on firm order. By the end of this year, airBaltic is planning to have eight CS300 aircraft.
The head of Latvia's national rail company on June 2 added his voice to that of Prime Minister Maris Kucinskis in insisting that reports that rail freight from Russia has reduced drastically are inaccurate.
According to data released by the Central Statistics Bureau (CSB) June 1, freight volumes in Latvia increased substantially during the first quarter of the year.
The International Monetary Fund (IMF) on May 31 gave a cautiously optimistic assessment of Latvia's economic outlook, while warning that several downside risks remain.
Latvia loses an average €0.5m to cash register fraud each day, said State Revenue Service head Ilze Cīrule appearing on LTV May 31.
Manufacturers will gradually stop selling alcohol in plastic bottles, said President Raimonds Vejonis and representatives of Latvian Federation of Food Companies and the Breweries Association of Latvia, the President's Chancery told LETA.
Following two years of negotiations, the European Commission has authorized state support for energy-intensive manufacturing companies in Latvia, the Economics Ministry told LETA on May 30.