Nights spent at Latvian tourist accommodations up 12.1% by May
The number of nights spent by guests at Latvia’s hotels and other tourist facilities in the first four months of this year grew 12.1% against the same period last year to 1.268 million, according to the data released by the Central Statistics Bureau (CSB).
17 out of 21 co-generation plants have appealed license annulment
17 out of 21 cogeneration plants, which have had their licenses pulled by the Economics Ministry, have appealed these decisions, said Economics Ministry’s deputy state secretary Janis Patmalnieks at the Saeima national economy, rural, environment and regional policy committee meeting on June 19.
Rail Baltica announces new tenders
The joint venture of the three Baltic States RB Rail AS has announced tenders for producing design guidelines and studies regarding the impact of the project, the company told the press.
Bank wins fair trade award
In some much-needed good news for Latvia's banking sector, Swedish-owned SEB banka has won an annual Fair Trade Award for building its business and relations with employees, suppliers and partners on the basis of respect, honesty and sustainability. 
On the road with Latvian exporters: Skonto Prefab
Skonto Prefab is a prefabricated concrete elements producer, founded in 2002 and based at an 8-hectare manufacturing site in Salaspils near Riga. But that's not where we are today. Concrete may be extremely useful but it is not the most poetic of materials. It would be hard to compose an Ode to Concrete or paint a magnificent landscape full of prefabricated concrete, even if it was livened up with a few dashes of steel reinforcement and cross-laminated timber.
Police detain four in restaurant tax fraud case
Latvia's State Police on June 12 swooped the Vairāk saules restaurant chain, which owns six eateries in Rīga. Four people have been detained and a whopping 34 searches were carried out - in restaurants and residences of the people involved in the case - reports LTV. 
Foreign trade figures remain healthy in April
Provisional data released June 11 by the Central Statistical Bureau (CSB) show that in April 2018 the foreign trade turnover of Latvia amounted to EUR 2.13 billion, which at current prices was 13.0 % more than in April 2017.
Latvian, Portuguese airlines in codeshare link-up
The Latvian airline airBaltic and the national airline of Portugal TAP Air Portugal have concluded a cooperation agreement, known as codeshare agreement which will enable airBaltic passengers more options to travel to destinations in Brazil, Portugal and Africa, the airlines said in an announcement.
Inflation picks up in May
The latest data from the Central Statistical Bureau (CSB) released June 8 show that during the year in May 2018, compared to May 2017, the average level of consumer prices rose by 2.3 %. Prices of goods grew by 1.9 % and prices of services by 3.2 %.
Deposits in Latvian banks decrease 11% in first quarter
The Association of Latvian Commercial Banks (ALCB) has produced a summary of the financial trends in the banking sector during the first quarter of 2018 - a period of considerable developments caused by the collapse of ABLV bank and a subsequent scramble to clean up the non-resident banks. As a result, there are some eye-catching statistics among the data.
Latvian residents make more day trips but fewer overnight stays
According to the latest data from the Central Statistical Bureau (CSB), in 2017, as compared to 2016, the number of same-day trips taken by Latvian residents grew by 5.8 % and their expenditure grew by 11.1 %. In contrast, compared to the previous year, the number of overnight trips reduced by 2.6 % though expenditure rose by 21.0 %.
On the road with Latvian exporters: University of Latvia
It is generally assumed that the chief benefit of running a profitable business is the ability to extract that profit and spend it on yourself in a manner that is either modest, immodest or downright luxurious, according to the level of profit achieved - and one's own appetite for the finer things in life.
Shell company accounts in decline in Latvian banks
The number of so-called "shell companies" - corporate entities designed simply to carry out complex financial transactions, often as part of money-laundering schemes - doing business via Latvia banks is in sharp decline, Latvia's financial regulator said June 5.
Regulator treading water on ABLV liquidation plan
Latvia's financial regulator, the Financial and Capital Markets Commission (FKTK) has still not decided whether or not to accept a self-liquidation plan proposed by ABLV bank three months ago, reported LTV June 1st.