Unemployment at 9.2% in April
In April 2020, the unemployment rate in Latvia was 9.2%, which is 1.3 percentage points higher as compared to March, according to May 25 data from the Central Statistical Bureau (CSB).
Iceland joins Baltic unified CSD system
Trading platform Nasdaq on May 25 announced the merger of Nasdaq CSD Iceland (CSD standing for Central Securities Depository) with Nasdaq CSD SE, which covers the Baltic states.
New egg production plant could create 200 jobs
A Ukrainian-owned egg production company and a Nordic energy company say they have plans to open a modern egg production plant in Latvia which would involve a 100-million-euro investment creating up to 200 new jobs.
Creative industries get the hackathon treatment
From May1-3, an online hackathon brought together more than 300 industry representatives from 30 countries around the world to work together on projects that could potentially address the challenges posed by the COVID-19 crisis.
Watch 'PowerUp!' final pitches live
April 29 will see a live online pitching session taking place to decide the winners of the PowerUp! Challenge competition hosted by EIT InnoEnergy and supported by the European Union. 
Call for entries to 2020 Latvian-American Innovation Award
The American Chamber of Commerce in Latvia (AmCham), the United States Embassy in Rīga and the Baltic American Freedom Foundation (BAFF) in cooperation with TechHub Riga and the Latvian Startup Association Startin.LV have announced the latest Annual Latvian-American Innovation Award promoting entrepreneurship, research-driven innovation, and closer economic ties between Latvia and the United States.
State Land Fund doubles purchased land area
State-owned development finance institution ALTUM's Land Fund purchased 2,200 hectares of land for 7.5 million euros in the first quarter, making the fund's total portfolio amount to almost 50 million euros and doubling both the amount of transactions and land area compared to the same period last year, according to ALTUM on April 24.
Handiwork you can rely on
Latvian startup Partly has created a mobile application called Partly that helps people find a reliable handyperson or assistant for household work, according to Latvian Television's “Rīta Panorāma” on April 24.
Prime minister promises improved business support measures
As information comes to light about companies that are honest taxpayers, but still don't qualify for government support during the state of emergency, Prime Minister Krišjānis Kariņš (New Unity) promises to improve and amend the regulations, according to Latvian Television's “Rīta Panorāma” on April 22.
Applications open for Baltic Sea Farmer of the Year Award
The World Wildlife Fund (WWF) invites environmentally-friendly farmers from Belarus, Denmark, Estonia, Finland, Germany, Latvia, Lithuania, Poland, Russia, Sweden and Ukraine to apply for its 2020 farming awards where country winners all receive a certificate and award of 1,000 Euros, and the regional winner receives 10,000 Euros, according to the World Wildlife Fund in Latvia on April 3.