In recent years, more and more fraudsters engage young people in their illegal activities as so-called 'money mules': helping fraudsters to legalize and transfer money, Latvian Radio reported February 2.
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For 11 years, Riga Tourism Development Bureau was the responsible body for tourism. In April last year, the Riga Investment and Tourism Agency was created. What has been done so far by the Agency, and how many tourists are currently in Riga hotels? Latvian Radio sought answers on January 31.
The number of road carriers in Latvia has exceeded levels before the pandemic, and the volume of transported goods continues to rise, but drivers are constantly lacking, Latvian Radio reported January 25.
The average electricity price was 2.6 times higher last year than in 2020. Such a large increase in electricity prices has not yet been seen, Latvian Radio reported January 24.
The largest housing manager in Rīga, Rīgas namu pārvaldnieks (RNP), is preparing to launch illegal cable removal in multi-apartment buildings this year, Latvian Radio reported January 14.
Latvian goods exports continue to grow rapidly with new records over the end of last year. This year the increase will no longer be as steep, according to experts surveyed by Latvian Radio January 12.
European countries are banning fur farming one after another, in total 18 have already banned it. Discussions on the ban have been launched in Latvia but it is still unclear how to deal with it from a business perspective, Latvian Radio reported January 4.
Currently, Latvia has two wind energy production parks and is planning to set up more by 2030, Latvian Radio reported December 27.
Along with increases in gas and electricity prices, rising prices for raw materials, prices for bread and pastries can grow by at least 30% in the coming half-year, as forecast by Latvian Bakers' Association and bread producers in Latgale, Latvian Radio reported December 23.
In the catering sector, a lack of workforce was prevalent before the pandemic. Now it is even more pronounced due to the constraints, and recently more and more employees decide to go abroad, Latvian Radio reported December 15.
More and more windows of restaurants and shops are dark as businesses move to malls or close for good, Latvian Radio reported December 7.
Despite temporary unemployment in many sectors, there are areas that lack workforce, Latvian Radio reported October 27.
During the Covid-19 pandemic, the flow of foreign direct investment in Latvia has doubled, according to Latvian Radio's interview with economy experts October 20.
The lack of truck drivers and the problems it poses in the road transport sector in Europe have been expanding in recent weeks, and the consequences are felt also in Latvia, Latvian Radio reported October 12.
Recently, some public transport routes were handed over to the free market. So far it has benefited neither carriers nor passengers, Latvian Radio reported October 5.
Alūksne poultry farm APF Holdings opened a third location this year and are hatching plans to extend business in Preiļi, Latvian Radio reported September 30.
How has the insurance industry been affected by the pandemic and how will future challenges impact it? Latvian Radio spoke to experts in the sector on September 29 to find out.
During the Covid-19 pandemic, unemployment in Latvia remained relatively low and is on the decline. However, economists say that in this time, the poor have become poorer and the rich are even richer, Latvian Radio reported September 27.
The Saeima is viewing amendments to the Postal Law which will allow customs to inspect suspicious mailings more closely, Latvian Radio reported September 15.
On February 1 next year, the deposit packaging system will be launched in Latvia. Latvian Radio spoke to the representative of the State Environmental Service (VVD) Laura Anteina September 13 about how the system will work.
In the second quarter, the average gross monthly salary increased by 10.2% compared to a year earlier, reaching EUR 1,237. Experts forecast that the growth will continue, albeit not as rapid, Latvian Radio reported September 10.
With the requirement for a Covid-19 certificate or a negative test for beauty service providers and recipients, the industry will likely go underground, Latvian Radio reported September 9.
The number of electric vehicles in Latvia, though not large, is increasing. Latvian Radio looked at the advantages, disadvantages and overall popularity of electric cars in Latvia August 22.
Latvia has one of the lowest prices for forests in the region, according to experts, Latvian Radio's broadcast Eiro fokusā reported August 14.
The turnover of trade in June, which was 37.6% higher than a year ago, and the volume of industrial production, which increased by 7.6%, is encouraging, Professor Jānis Priede, professor of Business, Management and Economics at the University of Latvia, told Latvian Radio August 15.
A significant increase in prices of resources (electricity, fuel, gas) and food raw materials (cereals, oil, sugar), as well as labor costs, is expected to result in a rise of food prices. This is also felt by food producers surveyed by Latvian Radio July 18.
Last year, the tourism sector experienced a lot of changes, including an increased activity from local residents and travelers from neighboring countries. This year, the tourism season in Latgale region has started off quiet, with hopes that traveler activity will grow in July and August, Latvian Radio reported July 4.
The number of flights at the Rīga International Airport are starting to pick up but are still only at 10% of the pre-crisis level, Latvian Radio reported May 30.
Latvia's export volumes increased sharply in March. According to the Central Statistical Bureau, the value of goods exports increased by 20.6% compared to a year earlier, reaching EUR 1.34 billion. What are the reasons for the increase in exports and how long will this continue? Latvian Radio spoke to experts May 23.
The Estonian ferry operator Tallink Grupp does not plan to restore ferry traffic between Stockholm and Riga this year, but still looks forward to the resumption of movement between Riga and Helsinki, Paavo Nõgene, Chairman of Tallink Board, said in an interview to Latvian Radio May 12.
Activity in the real estate market in all three Baltic states is growing, according to economists from SEB bank and Luminor. The largest activity is seen in Lithuania while in Latvia it is the lowest, Latvian Radio reported May 3.
Rīga City Council coalition has committed to renovate and insulate 3,000 apartment buildings in Rīga over the next nine years, Latvian Radio reported April 24.