Economy
Retail trade turnover picked up in August
Calendar adjusted data (at constant prices) compiled by the Central Statistical Bureau (CSB) and released September 29 show that, compared to August 2019, in August 2020 total retail trade turnover rose by 4.4 %.
Latvia's bank profits 47.1% smaller than last year
Latvian monetary financial institutions, mainly banks, have been working on profits of €93 million in first eight months of 2020, according to information published by the Bank of Latvia September 28.
Tourism industry at a loss about the future
As the situation in the tourism industry is getting tougher and tougher, Latvian Television investigative program De Facto spoke to industry representatives September 27 to find out what it looks like at the moment and what the future might be.
U.S. Treasury "embeds" advisor in Latvian Finance Ministry
On Thursday, September 24, Latvia's Minister for Finance Jānis Reirs, the Head of the Financial Intelligence Unit Ilze Znotiņa and the U.S. Ambassador to Latvia John L. Carwile signed the Terms of Reference between the Republic of Latvia and the US Department of Treasury, prescribing the provision of technical assistance of the U.S. Department of Treasury in the field of anti-money laundering and countering terrorism and proliferation.
Second phase planned for 'Business Garden Rīga' development
Developers have announced a second stage of construction at the 'Business Garden Rīga' business park in the Latvian capital. Vastint Latvia is planning to launch its second phase of construction following a tender and is in the process of selecting construction partners.
Latvian central bank: COVID crisis is changing people's payment habits
According to the September edition of the "Payment Radar" produced by the Latvian central bank (Latvijas Banka, LB) the spread of the coronavirus COVID-19 and the related restrictive measures concerning people's daily lives have significantly affected payment habits in Latvia over the last six months. 
Economics Ministry wants to ditch self-isolation
The Ministry of Economics (EM) wants to replace the 10-day self-isolation after returning from abroad with extensive COVID-19 testing, said Deputy State Secretary Raimonds Aleksejenko to Latvian Television September 23.
Road Safety week ends in tragic accidents
European Road Police Network “ROADPOL Safety Days” have ended tragically in Latvia, as people have been injured and killed, said Juris Jančevskis, State Police representative, on Latvian Television September 23. 
Another Rīga street starts munching motors
We have reported extensively in the past about the propensity of Ģertrūdes iela (Gertrude Street) in central Rīga to gobble up the occasional motor car, but in a new development that is likely to be of great concern to all residents of the Latvian capital, another street appears to want its portion, too.
Get your personalized bicycle in Dobele
Arvīds Borherts-Smiļģis has created a workshop in Dobele that makes bicycles in line with each customer's wishes, Latvian Television reported September 22.
Banking system made quicker for foreign investors
The Ministry of Economics (EM), the Latvian Investment and Development Agency (LIAA) together with the financial sector have developed a questionnaire for foreign investors intended to save time, EM told Latvian Radio September 18.
Rīga remains most affordable of Baltic capitals for housing
Rīga has maintained and even strengthened its position as the most affordable of the Baltic capital cities in the residential real estate market despite changed conditions as a result of the coronavirus crisis, according to Swedbank's latest Baltic Housing Affordability Index released September 17. 
Saeima supports energy surcharge removal
The Saeima conceptually supported amendments to the Electricity Market Law, which provides for the abolition of the mandatory procurement component (OIK) for electricity consumers, said the Saeima Press Service September 17.