Business news

19 Jul 2016

Unprecedented project: Belarus, China set up investment fund
"It fully complies with the agreements between our heads of state reached in May 2015 on the development of investment cooperation with a focus on direct investments. The establishment of the fund is one of the crucial steps in starting a new era in the development of the Belarusian-Chinese strategic partnership,” Andrei Kobyakov noted...

19 Jul 2016

Prime minister: Effective system to protect the domestic market in Belarus
“First of all, I refer to measures designed to suppress trade in counterfeited light industry products. Marketplace traders are forbidden to sell merchandise without certificates and accompanying documents”...

19 Jul 2016

Russia’s Orel Oblast set to engage Belarusian specialists in its construction projects
Vadim Potomsky specified that plans have been made to build some 550,000 square meters of residential housing in Orel. “Belarusian companies are competitive on the Russian construction market”...

19 Jul 2016

Skidel, Lazdijai to build sports facilities together
The project, with which the sides are planning to take part in the program of transboundary cooperation of Latvia, Lithuania, and Belarus sponsored by the European Union, was one of the main issues on the agenda of the meeting between the Lithuanian delegation and Grodno District authorities...

19 Jul 2016

Belarusbank moves up in ranking of top banks in Central and Eastern Europe
It also emphasized that Belarusbank was ranked 545th in the world by Tier 1 capital with $1.4 billion as of 31 December 2015...

18 Jul 2016

Number of business incubators to double in Belarus
Belarus intends to draw from Moldova’s experience, which was discussed during the recent informal dialogue of the economy ministers of the Eastern Partnership Initiative countries in Kiev...

18 Jul 2016

SMEs to be featured at Belarus’ largest permanent exhibition abroad
“The expo will be opened soon, it will be the largest permanent exposition of Belarus abroad. Our manufacturers will occupy about 54,000 square meters on preferential terms. This is an excellent opportunity to make a statement not only on the Russian market"...

18 Jul 2016

Belarusian laser technologies for ICRANet studies
The new academic center will allow Belarusian scientists and specialists to take part in ICRANet events, use ICRANet’s equipment and resources. Apart from that, Belarusian scientists will be able to demonstrate their accomplishments, first of all, laser systems and instruments...

18 Jul 2016

Myasnikovich invites South Korea to set up joint venture to produce TV sets
“As for our trade and economic cooperation, I think that we could bolster ties in these areas. First of all, I would like to invite one of your companies to build a joint factory to manufacture TV sets and panels. Samsung or LG may be our partners,” Mikhail Myasnikovich said...

18 Jul 2016

Fitch affirms three foreign-owned Belarusian banks at 'B-'/Stable
The three banks' IDRs and Support Ratings factor in the likelihood of support they may receive from their Russian shareholders. BPS is 98.4%-owned by Sberbank of Russia (BBB-/Negative), BelVEB 97.5%-owned by Vnesheconombank...

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