Read the latest news from regional and global sources, presenting different voices and perspectives.
BDC Dividend Cut Storm Likely Ahead
Seeking Alpha
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July 4, 2025
High-income investors face limited options for sustainable, high-yield investments, with traditional asset classes often highly correlated and yields rarely exceeding 7-9%. Business Development Companies (BDCs) offer attractive yields averaging...
Riga Airport secures 75m. euros EBRD funding for terminal expansion and sustainability goals
Travel Daily News
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June 16, 2025
Riga Airport secures 75m. euros EBRD loan for terminal expansion, reinforcing sustainability, innovation, and Latvia’s long-term connectivity and economic resilience. On 4 June, the Board of RIX Riga Airport met with Matteo Patrone, Vice President...
Latvia mulls cutting initial Rail Baltica costs
LSM
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June 16, 2025
The updated first round project costs have not yet been published – this document should be ready by the end of the month. Kristīne Malnača, Deputy State Secretary at the Ministry of Transport, says: "What the [project implementer] Eiropas...
Nordic Baltic Hydrogen Corridor received EU funding support
CEENERGYNEWS
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July 4, 2025
The project partners of the Nordic-Baltic Hydrogen Corridor (NBHC) – Finland’s Gasgrid, Estonia’s Elering, Latvia’s Conexus Baltic Grid, Lithuania’s Amber Grid, Poland’s Gaz-System, and Germany’s Ontras have signed a grant agreement with the...
Latvia Elected to UN Security Council for the First Time in History
The Baltic Review
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June 13, 2025
Latvia has achieved a historic success on the global stage, being elected as a non-permanent member of the United Nations Security Council for the 2026-2027 term for the first time in its history. This decision, made at a meeting of the UN General...
Maritime technologies in the spotlight as German and Latvian partners sign MoU on digital innovation
Hellenic Shipping News
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June 20, 2025
A Memorandum of Understanding (MoU) has been signed to mark bilateral cooperation and digital innovation in maritime technologies between German and Latvian public and private sector partners to address challenges in port infrastructure management...
Germany, Latvia unite on smart port innovation
Port Technology International
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June 20, 2025
The Port of Hamburg, Freeport of Riga and LMT have signed a Memorandum of Understanding (MoU), aimed at addressing challenges in port infrastructure management in the Baltic Sea. The signatories include LMT, the Freeport of Riga, the Port of...
EU’s Modernisation Fund disburses EUR 3.66 billion for clean energy projects in nine countries
Balkan Green Energy News
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July 4, 2025
The largest beneficiary of the latest disbursement is Poland, which will receive EUR 1.33 billion for its projects, followed by the Czech Republic, with EUR 1.05 billion, and Romania, with EUR 712.3 million. Hungary will get EUR 181.3 million,...
Traditional Midsummer grass market opens in Old Rīga
LSM
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June 20, 2025
Although the weather is not very favourable, the rain and wind do not deter the traders, and this year's Herb Market has attracted a large number of sellers – around 280. The market atmosphere will be enriched by a stage programme with songs and...
Latvia-founded global fintech leader Paynt announces acquisition of Canadian firm, solidifying North American foothold
The Baltic Times
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Paynt, a Latvia-based international payment technology company founded by Sam Kohli, has announced its acquisition of the Canadian firm E-xact Transactions. This landmark move marks a focused step in Paynt’s global expansion, particularly in North...
'SATEKLES BIZNESA CENTRS' Commissioned – A Strategic Investment in the Development of Riga’s Central Business District
The Baltic Times
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As part of a focused investment strategy to develop the Riga Central Business District, one of the Baltic region’s leading real estate developers, Linstow Baltic, has officially commissioned the newly built SATEKLES BIZNESA CENTRS, a Class A...
How Will Future Gambling Regulations Affect Streaming and Online Casinos in Latvia?
The Baltic Times
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The online gambling scene in Latvia is rapidly evolving, and so is the role of slot streamers from Latvia, who are becoming powerful voices in this digital landscape. With the rise of streaming platforms like Twitch and YouTube, the way people...
Bank of Latvia: Without changes in lending structure, growth will slow
Baltic News Network
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June 20, 2025
Domestic credit portfolios are likely to continue growing in 2025, driven in part by several large credit agreements in the non-financial corporations (NFC) sector concluded at the end of last year and the beginning of this year, according to the...
Rīga will have outdoor art objects again
LSM
·
June 13, 2025
This summer, Rīga will once again feature environmental art objects, and the swings in Doma Square will become more expensive. Many will remember the buzz about the large wooden swings in Doma Square on sunny days in August and September last...
Solstice weekend weather: rain, sunshine, and changing conditions ahead
Baltic News Network
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June 20, 2025
During the night leading into Friday, a cyclone will bring rain to most of Latvia. In the central and eastern regions, expect prolonged and heavy rainfall, and in some areas, thunderstorms are also likely. As the day progresses, atmospheric...
Latvia to host 'NATO's biggest war games' in October
LSM
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June 12, 2025
The exact date remains to be fixed, but plans are already well advanced with NATO Allied Command Transformation (ACT) and the Latvian Ministry of Defence recently conducting a week-long planning session in preparation for the 2025 DiBaX. The...
Time capsule laid as construction begins for the second 'Duck Republik' student hotel in Riga
The Baltic Times
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On Thursday, 19 June, a time capsule was ceremoniously laid at 51 Slokas Street in Riga, marking the start of construction for the second “Duck Republik” student hotel in Latvia’s capital. The new building is set to become one of the most modern...
Cramo Latvia grows into key rental player with over 2,000 units in fleet
The Baltic Times
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Cramo Latvia demonstrated significant growth in 2024, strengthening its position in the construction equipment rental market. Managing Director Dmitrijs Sazonovs shares the past year’s results and outlines future development directions. “2024 was...
Iveta Ardava Appointed Commercial Director of Riga’s Greenest Office Complex 'Verde'
The Baltic Times
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In June this year, high-level real estate expert Iveta Ardava joined the team of the investment management company “Capitalica Asset Management”, becoming the Commercial Director of Riga’s greenest office complex – “Verde”. Her responsibilities...
Factory-built homes from Latvia bring speed and certainty to Polish real estate
The Baltic Times
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MyCabin, a Latvian manufacturer of prefab homes, is continuing its growth strategy by responding to the increasing housing demand across Europe and expanding its regional representation network and delivery in Poland – a country currently...