During a conference organized in Rīga on February 27, representatives of the Three Seas Initiative Investment Fund along with representatives of Three Seas region states talked about needs of the Three Seas region and multilateral cooperation.
Living in Denmark Krista Miltiņa came to look at Latvians from a different perspective, and now she's turned the artwork she created featuring these observations into a business after one of the drawings she posted blew up on social media.
A European Commission (EC) report found that the transition to environmentally friendly farming could be the most challenging for the Vidzeme and Latgale regions of Latvia, so it suggests allocating almost 68 million euros to these regions for creating new workplaces, according to a Latvian radio broadcast on February 27.
Half a billion non-cash payments were made in Latvia last year according to figures published by the central bank, Latvijas Banka, February 25.
As Latvia has already gone through the winter crop season, there is high potential for cereal production this year, according to Latvian Rural Advisory and Training Centre Agriculture Department Director Oskars Balodis on February 25.
Results of the Labour Force Survey conducted by the Central Statistical Bureau (CSB) and released February 24 show that 61,300 people aged 15–74 were unemployed in 2019.
The American Chamber of Commerce in Latvia (AmCham) said February 24 it welcomed the "tremendous work" done by the government and law enforcement agencies over the last yeat to keep Latvia off a list of money-laundering problem countries and to win a ratings upgrade at the same time, as previously reported by LSM.
Techchill showcased 50 of the most promising startups from the Baltics, Scandinavia, and Central Europe and the after the finalists pitched their ideas in front of conference audience, international VC's, business angels, accelerators, media, and the official judges Estonian startup woola came out on top winning the no-strings-attached 10,000 euro prize, according to organizers on February 21.
Within hours of confirmation that the country would not be included on an international list of money-laundering havens, ratings agency S&P announced an upgrade to the highest rating Latvia has ever had.
In an important announcement February 21 it was revealed that Latvia has not been placed on an international "gray list" of high-risk money-laundering countries, which could have had a devastating effect on the banking system and national economy.
Rīga turned into the Baltic tech capital for two days during the international Techchill tech conference on February 20 and 21, gathering around 2,000 attendees to discuss green tech, blockchain and 5G, while giving startups the opportunity to battle it out in a pitch competition for the grand prize of 10,000 euros, according to organizers.
Provisional data released by the Central Statistical Bureau (CSB) show that Latvian farmers enjoyed one their most productive years ever, with records being broken for several crops.
On February 19 the Latvian government signed a declaration with the United States regarding 5G network security, according to Latvian Television's “Panorāma” news broadcast on February 19.
The European Central Bank (ECB) decided to withdraw the authorisation of JSC "PNB Banka" February 17, a full five months after it was proposed by Latvia's financial regulator, the Financial and Capital Market Commission (FKTK).
Latvia's European Union Commissioner, Valdis Dombrovskis, on February 20 announced a new initiative aimed at stimulating small business financing in the Baltic States.
Ziemupe residents have asked the Ministry of Transport to improve the state roads leading into the village center, as the gravel surface becomes incredibly dusty during the summer tourist season, according to a Latvian Radio broadcast on February 20.
An international team of experts has started working on a study which will evaluate how to integrate the existing Latvian railway network and the new Rail Baltica infrastructure in a single and coordinated railway network, the company behind the Rail Baltica project announced February 19.
Banks Citadele and Luminor have announced joint financing for another shopping mall on the outskirts of the Latvian capital.
In the future at least 1% of Cēsis residents could be working at various IT and data analytics companies, as 135 people have already applied to an initiative that includes three months of training to become a data analyst.
More than nine million checks, tickets and receipts have been entered by Latvian residents into the receipt lottery, according to the State Revenue Service (VID) on February 17.
Businesses in Latvia, including start-ups, small and medium sized enterprises and scale-ups, have until March 6 to apply for the PowerUp! Challenge competition hosted by EIT InnoEnergy and supported by the European Union.
Latvia's Finance Ministry (FM) said February 14 it was revising its growth projection for 2020 downwards.
Spring has already begun in the Aizpute greenhouse where the first pansies have already been picked and the momentary sunshine is enough for the microgreens to sprout, according to a Latvian Radio broadcast on February 13.
Latvia's national passenger rail company Pasažieru vilciens on February 12 unveiled, if not its new trains, then at least the new color of its new trains when they finally pull up to the platform in a few years' time.
Along with Latvian, Russian and English, companies are increasingly asking that potential employees know a Scandinavian language, but experts say that although the situation is improving, employer needs frequently exceed the abilities of potential employees, according to a Latvian Radio broadcast on February 12.
The latest data of the Central Statistical Bureau (CSB) published February 11 show that in January 2020, compared to January 2019, the average level of consumer prices rose by 2.2 %. Prices of goods increased by 2.0 %, and prices of services – by 2.7 %.
Trikata butter, which is owned by the Jelgava-based company Latvijas Piens (Latvian Milk), is currently being produced in Germany, while a new company has been producing organic dairy products in the Trikāta dairy plant for three years, according to a Latvian Television broadcast on February 9.