News

Russia, South Korea may create joint investment fund in coming months
Earlier, the CEO of the Russian Direct Investment Fund said that the fund was at the final stage of negotiations with South Korea on the possibility of manufacturing Russian vaccine against the coronavirus Sputnik V.
Business in Russia
Russia resumes air service with Belarus, Kazakhstan, Kyrgyzstan, South Korea
Flights to these countries will be performed once a week.
Business in Russia
Russia’s government approves three-year draft budget, macro forecast
The government also decided to approve the draft guidelines for the unified state monetary policy for 2021 and the period of 2022-2023.
Business in Russia
Business in Russia
Russian government to terminate mineral extraction tax privileges
Finance Minister Anton Siuanov emphasized that the privileges provided do not reflect the real degree of depletion of the fields, the calculations are still based on information based on data for 2006.
Business in Russia
Business in Russia
Decline of Russia’s GDP is 8% yoy in 2Q, 3.4% yoy in 1H 2020 - statistics service
Under the current prices, the volume of GDP is estimated at 48.606 trillion rubles $644 bln) in the first half of 2020.
Business in Russia
Press release on Foreign Minister Sergey Lavrov’s telephone conversation with Foreign Minister of Malaysia Hishammuddin Hussein
Press release on Foreign Minister Sergey Lavrov’s telephone conversation with Foreign Minister of Malaysia Hishammuddin Hussein.
Events
Russians increase spending on domestic tourism 1.5-fold in second half of summer
One of the growth factors of the segment was the program with cashback for trips across Russia, launched by the government this year, according to the bank.
Business in Russia
Russia can increase its global oil market share due to reduced competition
A reduced competition between producers is a result of a decline in investments in the industry.
Business in Russia