Producer prices rise in March
Data from the Central Statistical Bureau (CSB) show that, compared to February, in March 2018 the level of producer prices in Latvian industry rose by 0.2 %.
ABLV asks FinCEN to cancel sanctions
Lawyers representing Latvia’s ABLV Bank, the local Latvian bank which is currently liquidating itself in response to U.S. allegations of institutionalized money laundering, have called on the Financial Crimes Enforcement Network (FinCEN) of the U.S. Department of Treasury to cancel planned sanctions against the bank.
Former CIA official representing ABLV in dispute with FinCEN
David Cohen, former deputy director of the U.S. Central Intelligence Agency and supervisor of the Financial Crimes Enforcement Network (FinCEN), now a partner at the international law firm WilmerHale, is representing Latvian commercial bank ABLV Bank in its dispute with FinCEN, the bank told LETA April 18.
Latvia to streamline tax payments for businesses
The Latvian Cabinet of Ministers on April 17 approved several legislative proposals by the Finance Ministry to unify the deadlines for regular payments of taxes administrated by the State Revenue Service.
ABLV Bank to fire 250 employees in April
Latvia’s ABLV Bank whose shareholders made a decision on voluntary liquidation, will fire 250 employees in April, said ABLV group’s spokesman Arturs Eglitis April 13. 
Plan to set minimum monthly pay in construction sector at €780
An initiative between state institutions and the Partnership of Latvian Construction Entrepreneurs seeks to set the minimum monthly wage in the construction sector at €780, which is close to twice the minimum monthly pay in Latvia, reported Latvian Radio April 13. 
Rubesa: Extent of EU funding for Rail Baltica unclear after Brexit
Baiba Rubesa, CEO of RB Rail AS, the joint venture established to oversee the Rail Baltic railroad project, said that it is difficult to predict to what extent the project will receive European funding after the withdrawal of the United Kingdom from the European Union.
First receipt lottery to be organized next August
The Finance Ministry has completed work on rules for the first receipt lottery in Latvia, which stipulate that the first lottery would be organized in August of 2019, the ministry told LETA April 10.
Government adopts tougher "green energy" regulations
The Cabinet of Ministers on April 10 approved the Economics Ministry's proposal to step up the supervision of energy producers in order to prevent them from cheating with mandatory purchase component (MPC) licenses.
Annual inflation at 2.2% in March
Data by Latvia's Central Statistical Bureau show that the average level of consumer prices rose by 2.2% on year, with prices of goods growing 1.6% and prices of services by 3.7%.
Finance Ministry maps out shell company ban
Latvia's Finance Ministry has mapped out a bill with amendments to the Latvian Law on the Prevention of Money Laundering and the Financing of Terrorism, banning finance bodies from doing business with shell companies.
Latvia shouldn't open labor market carelessly, says PM
Latvia should only seek to attract high-skilled employees at the moment, as the local job market is not yet saturated and local job shortages mean increasing focus should be put on mobility, Latvia's PM Māris Kučinskis told Latvian Radio April 5.