Business news

16 Feb 2018

Belarus’ power system ready for increased demand from cryptocurrency miners
”I do not see any problems. We are keen to welcome any miners as this will benefit our country. We do not have power deficit. We are ready to satisfy any demand for electricity and thermal energy”...

16 Feb 2018

Call to determine sugar beet growing zones in Belarus
The head of state suggested cultivating sugar beet in the places that can ensure high profitability, where companies will be interested in the sugar beet production...

16 Feb 2018

First batch of Belarus’ special vehicles delivered to Russia’s Primorsky Krai
The batch of vehicles includes Amkodor-made front loaders, backhoe loaders, skid loaders, snow cutter-blowers, and also working attachments to all-purpose wheel loaders...

16 Feb 2018

Belarus’ GDP up by 4.6% in January
“The economy expanded by 4.6% in January. This is due to the potential and trends that were laid last year. These include wage increases that have driven the consumer demand, the improved financial status of companies"...

16 Feb 2018

Belarus’ Hi-Tech Park new resident company to set up self-driving vehicle test site
According to Kirill Koroteyev, today autonomous cars are the highest point reached in the application of artificial intelligence...

16 Feb 2018

Belarus’ export growth forecast for 2018 approved
According to the document, the export to South Africa and Nigeria is forecast to increase the highest – by at least 45%. Export to China is expected to go up by 44%, to Vietnam, Argentina and Brazil by 30%...

16 Feb 2018

Belarus intends to branch out into Chinese sugar market
The president noted that China has opened its market to Belarusian meat and dairy products. Plans are to start deliveries of sugar there...

16 Feb 2018

Belarus’ Finance Ministry: Work with IMF continues as planned
“The talks with the IMF are currently put on hold on the program [the loan]. We did not agree on the speed of the reforms they are suggesting. The work, however, with them continues as planned,” the deputy minister said...

16 Feb 2018

Belarus’ Finance Ministry does not rule out placing bonds in Asian markets
Yuri Seliverstov noted that the Chinese domestic market is interesting for Belarus. “But their procedures are somewhat different from the eurobond placement procedures”...

16 Feb 2018

Belarus hopes to get sixth EFSD tranche in February
The deputy minister pointed out that the date of the receipt of the seventh tranche of the EFSD will depend on how quickly the parties agree on the additional parameters. The sixth and seventh tranches will total 200 million each...

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