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[14-07-2016 09:39]:  Belarus
Russia, Belarus to hold consultations on fuel/energy supplies
Russia and Belarus have agreed to hold advanced consultations on fuel and energy supplies, with government members and chiefs of energy companies in attendance. Read
[13-07-2016 17:14]:  Belarus
Fitch affirms three Belarusian banks at 'B-'/Stable
Fitch Ratings has affirmed Belarusbank's (BBK), Belinvestbank's (BIB) and Development Bank of the Republic of Belarus's (DBRB) Long-Term Issuer Default Ratings (IDRs) at 'B-' with Stable Outlooks. Read
[13-07-2016 17:13]:  Belarus
Belarus, Japan mull over instrument-making cluster
Japanese businessmen are focused on cooperation with private manufacturing companies, so Belarus is working to create a special instrument-making cluster, which Belarusian reputable world-level private companies can join.  Read
[13-07-2016 16:30]:  Belarus
First leasing contracts signed in Russia's Kaliningrad Region to buy Belarusian vehicles
The Kaliningrad branch of the northwestern division of the Russian bank Sberbank has signed the first few contracts on acquiring Belarusian machines and vehicles on leasing terms. Read
[13-07-2016 15:50]:  Belarus
Belarus' Mogilev Region, Hungary intend to bolster economic ties
The dynamics of trade and economic cooperation between Mogilev Region and Hungary was positive in January-May: there was an increase in trade and exports. The potential for collaboration is far from being exhausted. Read
[13-07-2016 11:59]:  Belarus
Makei: Belarusian exports have started to grow in value terms
In the last three months the exports have been growing by $60 -70 million. It is not much but still it is growth. Read
[13-07-2016 11:44]:  Belarus
Belarus eager to sell more dairy products to China
At present 17 Belarusian dairy companies export their products to China. Another 20 companies are getting ready to get the right to sell milk powder, dairy products, and cheese to China.  Read
[13-07-2016 11:05]:  Belarus
Belarus raises export prices of butter Jul 12
Belarus on July 12, 2016 chose to raise the minimum recommended export price of butter. The minimum recommended export price of butter with 72.5% fat content has grown 2.4% to RUB 215 per kilo, fat content 82.5% - up 2.1% to RUB245 per kilo. Read
[13-07-2016 11:00]:  Belarus
Belarus suspends product quality certificates of 15 dairy producers
Belarus has revoked certificates of product quality conformity from 15 manufacturers of dry milk products. Read
[13-07-2016 10:55]:  Belarus
Expert sees no chance for Belarus to export electricity to Russia after EEU common energy market gets created
After a single energy market is created in the Eurasian Economic Union (EEU), Belarus will hardly be able to supply electric power to Russia, because the price of fuel supply to Russian heat power plants is lower that in Belarus and Russia’s energy system has surplus power generating capacity.  Read
[13-07-2016 10:21]:  Belarus
Belarus’ MTBank, Switzerland’s Dukascopy Bank SA launch MTBankFX forex platform
MTBank of Belarus and Switzerland’s Dukascopy Bank SA on July 12, 2016 launched the forex platform MTBankFX. The parties made a presentation of the forex platform in Minsk on July 12. Read
[13-07-2016 10:14]:  Belarus
Interest rates on FX deposits at Belarusian banks may go down European level
Interest rates on FX deposits have been on the decline and may go down further to reach the level of interest rates on deposits at European banks (1-2.5% per annum). Read
[13-07-2016 10:07]:  Belarus
NBB expected to switch to inflation targeting by late 2020
A balanced monetary and budget policy is not enough for the economy to operate in a low-inflation mode. There are at least two more important factors: 1) production of competitive goods and services and 2) trust in the domestic currency and a possibility to make savings in Belarusian rubles.  Read
[13-07-2016 09:35]:  Belarus
EEU states to seek compromise on Customs Code deal
Member states of the Eurasian Economic Union (EEU) in July 2016 will assemble for a high-level group meeting in the format of a video conference to discuss controversial aspects of the bill on the EEU Customs Code. Read
[13-07-2016 09:26]:  Belarus
Russian PM warns against leading Belarus gas issue into deadlock
Russian Prime Minister Dmitry Medvedev has proposed for consideration the issues related to oil and gas supplies to his Belarusian counterpart Andrei Kobyakov. Read
[13-07-2016 09:13]:  Belarus
BCCI suggests boosting export of innovative products
Belarus traditionally exports machinery and agricultural goods. But it should look for new niches, including for Belarussian innovative products.  Read
[12-07-2016 17:49]:  Belarus
Minsk Business Meetings scheduled for 28 October
Plans have been made to hold the international banking and finance forum Minsk Business Meetings on October 28, 2016 ahead of the CIS Heads of Government Council. Read
[12-07-2016 10:49]:  Belarus
Chinese consumers interested in products of Grodno Region enterprises
A Grodno Region delegation visited China's Gansu Province on 6-8 July. Visitors to the expo in Lanzhou showed great interest in Bellakt products, new products of Biocom and enterprises manufacturing juices, glass, linen, starch and other goods. Read
[12-07-2016 10:06]:  Belarus
OAO Belsolod’s net profit at Br18,700 in Q1 2016
Belarus’ OAO Belsolod malt producer reported a net profit of Br18,700 ($9,325) in Q1 2016, to compare with a net loss of Br1.225 billion ($610,881) in Q1 2015. Read
[12-07-2016 10:00]:  Belarus
Minskkhlebprom set to invest Br2.5m in bakery/confectionery production in 2016
Belarus’ Minskkhlebprom (Minsk Baking Industries Group) plans to invest Br2.5 million ($1.242m) in the development and upgrade of bakery/confectionery production in 2016. Read
[12-07-2016 09:57]:  Belarus
Mozyrsol plans to cut prime cost 15% to stay in control of Russian market
Belarus’ OAO Mozyrsol (Gomel Region) plans to reduce the prime cost by 15% to keep its dominant position on the Russian market. Mozyrsol plans to cut production costs by an estimated 15% by means of switching from natural gas to fuel oil. Read
[12-07-2016 09:51]:  Belarus
Belarus suspends Russia-bound exports of dairy/livestock products by certain companies
Russia’s Federal Veterinary and Phytosanitary Oversight Service (Rosselkhoznadzor) reports Belarus has temporarily suspended supplies of dairy and livestock products to Russia from several companies. Read
[12-07-2016 09:46]:  Belarus
Gomel Chemical Plant’s net profit up 64.5% in Jan-Mar 2015 to Br13.423m
Belarus-based OAO Gomel Chemical Plant has reported a net profit of Br13.423 billion ($6.693m) in Jan-Mar 2015, up 64.5% year on year. Read
[12-07-2016 09:42]:  Belarus
Govt freezes Belarusian companies’ debt for electricity, gas supplies, offers respite till 2017
The debt for electricity and gas supplies, which remained unsettled by Belarusian companies as of Jan 1, 2016, will be denominated in Belarusian rubles and frozen, penalties for late payment abolished. Read
[12-07-2016 09:38]:  Belarus
Belarus’ self-employed businessmen suggest time-based social security tax
Self-employed businessmen want to pay the social security tax only when they are actively engaged in business activities and make no payments during the low season. Read
[12-07-2016 09:33]:  Belarus
Belarus reports 0.4% inflation growth in June 2016
Belarus saw a 0.4% inflation growth in June 2016 and 7.4% in January-June 2016. To compare, in January 2016 Belarus’ consumer prices grew 1.9%, February – 2.9%, March – 0.8%, April – 0.7%, May – 0.5%. Read
[11-07-2016 13:48]:  Belarus
Myasnikovich: Product quality, competitive price will help Belaruskali retain global market position
OAO Belaruskali will retain its position on the global potash market as long as it offers high-quality products at a competitive price. Read
[11-07-2016 13:47]:  Belarus
French companies may supply Belarusian equipment to Africa
A French delegation is currently on a visit to Minsk. French guests have come to visit such big companies as MAZ, Amkodor, BelAZ and hold talks on the possible export of Belarusian equipment to the African market. Read
[11-07-2016 10:37]:  Belarus
Belarus' farm export earnings up by $90m in January-May 2016
In January-May 2016, the export earnings of Belarusian agricultural enterprises grew by $90 million. Read
[11-07-2016 10:06]:  Belarus
OAO Bellakt reports net loss of Br977,600 in Q1 2016
Belarus’ OAO Bellakt (Volkovysk, Grodno Region) earned a net loss worth Br977,600 ($488,000) in Jan-Mar 2016, compared to a net profit of Br1.568 million ($784,000) in Q1 2015. Read

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