Data released by Swedbank November 23 show fluctuating spending patterns during the course of the COVID-19 pandemic so far in all three Baltic states.
Economy
Data of the Central Statistical Bureau (CSB) published November 23 show that, compared to September, in October 2020 the level of producer prices in Latvian industry increased by 0.2%.
Due to the pandemic, fewer guest workers are coming to Latvia, but complaints about work conditions are increasing, Latvian Radio reported November 23.
Latvia's exports have grown during the third quarter. However, the future does not look as optimistic, Latvian Radio reported November 22.
An app has been created in Latvia that helps pet owners to contact a veterinarian, Latvian Radio reported November 21.
E-commerce is booming with the COVID-19 pandemic in Latvia, and cultural life has also moved online, Latvian Radio reported November 22.
The Disease Prevention and Control Center (SPKC) revised its weekly data November 20 on countries upon arrival from which self-isolation must be observed, but again advised against traveling.
The Rail Baltica infrastructure project has announced the recruitment of French railway professional Marc-Philippe El Beze to the role of Chief Technical Officer (CTO) and member of the Management Board of RB Rail AS.
Since Thursday, public service providers, such as retailers, can be penalized if they provide services to a person who is not wearing a face mask. Traders are unable to comply with this requirement, Latvian Television reported November 20.
As the year comes to an end, Latvian postal service Latvijas Pasts (LP) encourages customers to order and send parcels well in advance, LP said in a release November 19.
The Latvian central bank (Latvijas banka, LB), has announced it is putting out yet another collector coin.
The Saeima on November 19 supported amendments previously adopted by the government, which prohibits large household and DIY stores, as well as those located in malls, from opening on weekends and holidays.
The impact of COVID-19 on the non-bank lending market has led to a sharp reduction in the issuance of new loans, the Consumer Rights Protection Centre (PTAC) head Baiba Vītolina told Latvian Radio November 19.
On Tuesday, November 17, the Cabinet of Ministers confirmed the only candidate Tet winner of Transport Ministry's competition for paid television service provision, LETA reported.
On Tuesday, November 17, first construction work for Rail Baltica at Rīga Central Station will begin, Latvian Radio reported.
Results of the Labour Force Survey conducted by the Central Statistical Bureau (CSB) show that in the third quarter of 2020 Latvia's unemployment rate stood at 8.4 %.
Rīga transport company Rīgas Satiksme said Monday that on November 18, parking in Rīga will be free and public transport will run according to weekend timetables and ticket fares.
Latvian University (LU) Researcher Edgars Butanovs together with Latvian and Swedish colleagues is working with gallium oxide, which is currently one of the most studied materials in the world, Latvian Television reported November 15.
The Disease Prevention and Control Center (SPKC) revised its weekly data November 13 but repeated its advice not to travel abroad, and self-isolation must still be observed by arrivals from all countries where the 14-day cumulative incidence rate exceeds 50 per 100 000 inhabitants.
Research conducted by retailer Maxima suggests that around two-thirds of shoppers think of choosing local products in order to support local producers -- but that the number who actually do so is considerably lower.
According to November 13 data of the Central Statistical Bureau, in September 2020 the number of foreign and local visitors in accommodation establishments comprised 110.2 thousand.
Restrictions imposed on the beauty sector have led to many salons working illegally, Latvian Radio reported November 13.
RB Rail AS, the joint venture of Rail Baltica, has announced the procurement of engineering services for the preparation, procurement, and supervision of Control-Command and Signaling (CCS) subsystems deployment, RB Rail representative Līva Biseniece said November 13 .
Latvian scientists are developing antibacterial transparent coatings for screens that could help fight COVID-19 and other viruses in the future, Latvian Television reported November 13.
This week the municipality of Rīga has fulfilled the previous decision that temporary bike lanes should be installed on the freshly repaired Čaka/Marijas Street, Latvian Radio reported November 13.
The State will pay the first three days of the sick leave to employees with respiratory disease, as provided in the amendments to the Law on Maternity and Disease Insurance supported by the Saeima on Thursday, November 12.
Interior Minister Sandis Ģirģens (KPV LV) is suggesting catering establishments be allowed to reopen with additional rules, Latvian Television reported November 12.
The business center that hosts the headquarters of Citadele bank has changed hands with the help of a 27 million euro loan from rival bank SEB.
The new study and student loan model developed by the Ministry of Education and Science (IZM) introduced this year is not sustainable – loans are issued in an uncontrolled model, the Ministry of Finance (FM) said in a release November 12.
Latvian Postal service Latvijas Pasts will unveil the first fully automated mail sorting line on Thursday, said Mārcis Vilcāns, Chairman of the LP Board, to Latvian Television November 12.