Economics

AMCHAM MOLDOVA: CRISIS CAUSED BY COVID-19 MAKES MOLDOVAN BUSINESS MATURE

AMCHAM MOLDOVA: CRISIS CAUSED BY COVID-19 MAKES MOLDOVAN BUSINESS MATURE
18 september, 2020

Adrian Gheorghita, deputy director of the American Chamber of Commerce in Moldova (AmCham Moldova), believes that during the COVID-19 pandemic, some RM companies managed to turn their shortcomings into advantages.

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PRESIDENT DODON SAYS MOLDOVA-RUSSIA COMMISSION WILL HOLD ONLINE MEETING NEXT MONTH

PRESIDENT DODON SAYS MOLDOVA-RUSSIA COMMISSION WILL HOLD ONLINE MEETING NEXT MONTH
18 september, 2020

The Moldova-Russia Inter-Governmental Commission for Trade and Economic Cooperation will hold its meeting in the online mode in October, President Igor Dodon said in the course of his traditional weekly live communication with citizens on Friday.

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​AT MOLDOVAN SCHOOLS, AMOUNT OF INFORMAL PAYMENTS BY PARENTS EXCEEDS 780 MLN LEI PER YEAR

​AT MOLDOVAN SCHOOLS, AMOUNT OF INFORMAL PAYMENTS BY PARENTS EXCEEDS 780 MLN LEI PER YEAR
18 september, 2020

The amount of unofficial payments paid annually by parents in the education system is 782.5 million lei per year. This is evidenced by the data of the research "Ethics and Academic Integrity in General Education. Unofficial payments at schools." It was presented on Thursday at a press conference by the Institute for Public Policy.

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​MOLDOVAGAZ PROPOSES ANRE TO REDUCE AVERAGE GAS PRICE BY 7.6%

​MOLDOVAGAZ PROPOSES ANRE TO REDUCE AVERAGE GAS PRICE BY 7.6%
18 september, 2020

JSC Moldovagaz proposed to the regulator to revise the regulated tariffs and prices for natural gas for the fourth quarter. As press service of Moldovagaz informed, the company's specialists' calculations show that the average tariff for natural gas, based on the existing methodology, should be 4083 lei per thousand cubic meters, or by 7.6% lower than the existing 4 420 (excluding VAT).

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GOVERNMENT TRANSFERS 148 MLN LEI TO ACCOUNTS OF FARMERS AFFECTED BY DROUGHT AND HAIL

GOVERNMENT TRANSFERS 148 MLN LEI TO ACCOUNTS OF FARMERS AFFECTED BY DROUGHT AND HAIL
17 september, 2020

More than 680 agricultural producers to whose accounts 147.68 million lei (US $ 8.7 million) were transferred, received compensation from the state for crop losses due to drought and hail. These data were announced yesterday at a meeting of the parliamentary commission on agriculture and food industry.

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CAHUL TO BECOME FIRST STARTUP CITY IN SOUTH OF MOLDOVA

CAHUL TO BECOME FIRST STARTUP CITY IN SOUTH OF MOLDOVA
17 september, 2020

In the framework of EU4Moldova: StartUp City project will establish a regional center of excellence EU4Innovation in Cahul. The grant agreement between Moldova and Sweden provides for the allocation of investments of 6.8 million euros in the region over four years.

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PASSENGERS TRANSPORTATIONS FALL ALMOST BY HALF IN MOLDOVA

PASSENGERS TRANSPORTATIONS FALL ALMOST BY HALF IN MOLDOVA
16 september, 2020

In January-July, public transport enterprises of the Republic of Moldova carried more than 4.2 million passengers, which is by 48.3% less than for the same period of 2019. According to the Bureau of Statistics, the greatest decline was within air transport, which carried over seven months 22 thousand of passengers - 10.9% of the last year's level.

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MOLDOVA'S GDP DECREASES BY 7.2% IN FIRST HALF-YEAR

MOLDOVA
16 september, 2020

Moldova's GDP in the first half of the year amounted to 88.314 billion lei (US $ 5.194 billion) at current market prices, decreasing compared to the same period of 2019 in real terms by 7.2%.

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MOLDOVAN FOREIGN TRADE TURNOVER DECLINES BY BEGINNING OF AUGUST BY ALMOST 13%

MOLDOVAN FOREIGN TRADE TURNOVER DECLINES BY BEGINNING OF AUGUST BY ALMOST 13%
16 september, 2020

Moldova exported goods worth US $ 1.379 billion in January-July, which is by 12.8% less than at the same period of 2019. Imports also decreased by 12.7% - to US $ 2.889 billion.

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PAY-TELEVISION SERVICES CONSUMPTION SIGNIFICANTLY INCREASES AS WELL AS NUMBER OF SUBSCRIBERS

PAY-TELEVISION SERVICES CONSUMPTION SIGNIFICANTLY INCREASES AS WELL AS NUMBER OF SUBSCRIBERS
15 september, 2020

The volume of sales on the market of Pay TV services (via cable networks and IPTV), as well as the number of their users have increased in Moldova in April - June [when the emergency situation in connection with the pandemic was in force].

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MOLDOVAN JUSTICE MINISTER AND FRENCH AMBASSADOR DISCUSS JUDICIARY REFORM IN RM

MOLDOVAN JUSTICE MINISTER AND FRENCH AMBASSADOR DISCUSS JUDICIARY REFORM IN RM
15 september, 2020

The Ambassador Extraordinary and Plenipotentiary of the French Republic to the Republic of Moldova, Pascal Le Deunff, discussed the judiciary reform progress in RM with Moldovan Minister of Justice Fadei Nagacevschi, reported the Embassy of France.

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MOBILE INTERNET SERVICES CONSUMPTION INCREASES DESPITE DECREASE IN NUMBER OF USERS IN MOLDOVA

MOBILE INTERNET SERVICES CONSUMPTION INCREASES DESPITE DECREASE IN NUMBER OF USERS IN MOLDOVA
15 september, 2020

Consumption of mobile Internet services in Moldova in the II quarter increased against the background of a decrease in the number of users and the total volume of revenues from these services.

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PARLIAMENT ADOPTS MEASURES TO SUPPORT AGRARIANS AND EDUCATION SYSTEM

PARLIAMENT ADOPTS MEASURES TO SUPPORT AGRARIANS AND EDUCATION SYSTEM
11 september, 2020

On Friday, the parliament approved in the final reading measures to support agrarians and education.

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MFA HEAD DISCUSSES PARTNERSHIP OF RM WITH NATO IN BRUXELLES

MFA HEAD DISCUSSES PARTNERSHIP OF RM WITH NATO IN BRUXELLES
11 september, 2020

Prospects for Moldova's partnership with the North Atlantic Alliance became the central topic of discussion at the meeting between the Minister of Foreign Affairs and European Integration (MFAEI) Oleg Tulea and Deputy General Secretary of NATO Mircea Geoana in Bruxelles on Thursday.

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MOLDOVA REGISTERS DEFLATION FOR THREE CONSECUTIVE MONTHS

MOLDOVA REGISTERS DEFLATION FOR THREE CONSECUTIVE MONTHS
10 september, 2020

Deflation has been registered in Moldova for the third month in a row. Prices in August decreased by 0.78% on average against 0.23% deflation in July. The cumulative inflation rate since the beginning of 2020 has reached 0.05%, and the annual rate has reached 3.45%, thereby leaving the National Bank's target corridor of 5% +/- 1.5%.

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ENERGY COMMUNITIES SECRETARIAT COMPLAINS TO CABINET COUNCIL ON FAILURE BY MOLDOVA TO MEET EMISSIONS REQUIREMENTS

ENERGY COMMUNITIES SECRETARIAT COMPLAINS TO CABINET COUNCIL ON FAILURE BY MOLDOVA TO MEET EMISSIONS REQUIREMENTS
10 september, 2020

The Secretariat of the Energy Community sent a motivated request to the Council of Ministers against Moldova for not using the European legislation on emission control.

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MOLDOVA FRUCT TAKES PART IN ITALIAN EXHIBITION MACFRUT, FIRST TIME CONDUCTED IN ONLINE FORMAT

MOLDOVA FRUCT TAKES PART IN ITALIAN EXHIBITION MACFRUT, FIRST TIME CONDUCTED IN ONLINE FORMAT
09 september, 2020

The Association of Producers and Exporters of Fruit Moldova Fruct takes part in the authoritative Italian exhibition MacFrut in September, which is held online for the first time and promises to become one of the largest events in the fruit and vegetable industry in the new era of quarantine restrictions and prohibitions.

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EU EXPECTS MOLDOVA TO JOIN EUROPEAN FUEL QUALITY DIRECTIVE

EU EXPECTS MOLDOVA TO JOIN EUROPEAN FUEL QUALITY DIRECTIVE
09 september, 2020

The energy community hopes that Moldova and Ukraine will include into their legislation the European Fuel Quality Directive in accordance with the terms of the EU Association Agreements.

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MOLDOVAGAZ EXPECTS TO COMPLETE REORGANIZATION IN ACCORDANCE WITH III EU ENERGY PACKAGE IN 2021

MOLDOVAGAZ EXPECTS TO COMPLETE REORGANIZATION IN ACCORDANCE WITH III EU ENERGY PACKAGE IN 2021
09 september, 2020

JSC Moldovagaz expects to complete the reorganization in accordance with the requirements of the III EU Energy Package in 2021, - said Chairman of its Administrative Council Vadim Ceban at a press conference on Tuesday.

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INCOME FROM MOBILE TELEPHONY DECREASES BY ALMOST 10% IN MOLDOVA IN SECOND QUARTER

INCOME FROM MOBILE TELEPHONY DECREASES BY ALMOST 10% IN MOLDOVA IN SECOND QUARTER
07 september, 2020

The volume of revenue from mobile telephony services in the second quarter decreased compared to the same period in 2019, by 9.9% and amounted to 707.1 million lei (US $ 42.6 million).

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