Posts tagged as investors

LTV: Latvian-based “Grupeer” has left thousands of investors high and dry

Monday, April 19, 2021

The closure of several online investment platforms in the Baltics a year ago continues to cast a dark shadow over the fintech industry. According to LTV’s program “De Facto”‘aired April 18, the Latvian-based platform “Grupeer” still has not managed to return tens of millions of euros to foreign investors. “Grupeer” was founded as a meeting place for investors and lending companies. The platform helped attract funds from investors, which were…

Lithuania a gateway for Indian firms to expand presence in Europe

Monday, February 8, 2021

Led by one of the youngest governments in the world, Lithuania is looking to broad-base ties with India in emerging high-growth areas like fintech, life sciences, digital technology and pharmaceuticals while offering a dynamic business environment to Indian investors, its ambassador Julius Pranevicius said on Sunday. The Lithuanian envoy said his country has emerged as a burgeoning fintech hub globally and Indian companies wanting to expand their presence in Europe can use the…

Foreign investors call for “openness” in deposit system tender

Monday, October 19, 2020

The Foreign Investors’ Council in Latvia (FICIL) has sent an open letter to the Ministry of Environmental Protection and Regional Development (VARAM) and the State Environmental Service (VVD) with an appeal to ensure openness in considering potential operators of a packaging deposit system, the influential organization said October 16. FICIL believes independent Latvian and foreign experts should be involved in the process. “The Foreign Investors’ Council in Latvia highly appreciate the efforts…

Foreign investors to discuss ‘value of compliance’

Tuesday, September 8, 2020

Foreign investors and state officials will be getting together on September 10 under the auspices of the Foreign Investors Council in Latvia (FICIL) for a discussion titled “Value of compliance: what is the competitive advantage of Latvia?”. The organizers say the discussion will be more than hot air with investors and officials together looking for the answers to real questions about how to create a safe, open investment environment in…

Lithuania needs big new investors

Tuesday, November 26, 2019

Lithuania needs to attract more investors to raise additional budget revenue, the chairman of the board of Investors’ Forum said on Monday, commenting on the government’s plans to levy new taxes on bank assets and retail chains. The government’s draft 2020 budget, currently under debate in the parliament, calls for introducing taxes on bank assets, retail sales and polluting cars next year. Rolandas Valiūnas noted that, in order to attract…

Asian shares mixed as investors look ahead to rate decisions

Tuesday, September 10, 2019

Asian shares were mixed Tuesday after a day of listless trading on Wall Street, as investors awaited signs on global interest rates. Japan’s benchmark Nikkei 225 added nearly 0.3% in afternoon trading to 21,379.45. Australia’s S&P/ASX 200 fell 0.7% to 6,599.60, while South Korea’s Kospi edged up 0.5% to 2,030.21. Hong Kong’s Hang Seng was virtually unchanged, inching down less than 0.1% at 26,679.83, while the Shanghai Composite lost 0.3%…

How to advance European security against Russia

By Stephen Blank on Monday, June 3, 2019

European security is much in the news today. Brexit, EU parliamentary elections, unresolved issues in the Balkans, Russia’s unremitting war on European integration and democracy, and Ukraine make it easy to surrender to pessimism about Europe. But this despair is unwarranted and antithetical to U.S. and European interests in democracy, integration and security. Moreover, there are mechanisms available through which European governments, institutions and the U.S. can advance their shared…

Ministry of National Defence has announced a private partner selection for building three new military sites

Friday, March 8, 2019

On March 5 the ministry of National Defence announced a private partner selection for building three military sites and providing public services in Šiauliai city, and Šilalė and Vilnius regions.  The complex and long-term project of the Ministry of National Defence begins a completely new stage of development of Lithuanian Armed Forces infrastructure. It is a strategic MoD project which will result in a totally new military infrastructure for three…

Global stocks rise after listless Wall Street day

Tuesday, February 12, 2019

Global stocks rose Tuesday following a listless day on Wall Street as investors looked ahead to U.S.-Chinese trade talks. In early trading, London’s FTSE 100 rose 0.3 percent to 7,153.12 and Germany’s DAX gained 1.2 percent to 11,141.98, while France’s CAC 40 advanced 0.7 percent to 5,051.09. On Wall Street, futures for the Dow Jones Industrial Average and the Standard & Poor’s 500 index were up 0.6 percent. U.S. Treasury Secretary Stephen…

Stocks advance on plans for U.S.-China trade talks; Turkish lira buckles

By Tommy Wilkes on Friday, August 17, 2018

World stocks rose on Friday as news of plans for U.S.-China trade talks soothed nerves over their tariff war, while the recovery in Turkey’s lira ran out of steam.The MSCI All-Country World index, which tracks shares in 47 countries, was up 0.2 percent but set for its third straight weekly fall.A Chinese delegation led by Vice Minister of Commerce Wang Shouwen will meet U.S. representatives, China’s Ministry of Commerce said…