On November 22, members and guests had an opportunity to join the luncheon with Martins Kazaks, Governor of the Central Bank of Latvia to discuss the global and regional economic outlook. The Governor explained the reasons for the economic slowdown that most likely will face a short and shallow recession in Latvia and emphasized the necessity to increase competitiveness by focusing on building alternative energy supplies and stabilizing energy prices, investing in education and Riga's further development. View the presentation of Mr. Kazaks.

On November 15, over 60 AmCham members gathered for the annual member orientation event Meet AmCham, which is a fantastic opportunity to meet new people, strengthen existing relations, raise brand visibility, and network to maximize the impact on business. During the event, we introduced our newest members: AKitoGroup, ATU Duty Free, Bayer, Cadence Translate, FasTracKids Latvia, FranklinCovey Latvia, GenMedica Baltic, Helve, Hotel Neiburgs, Iespējamā misija, Iron Mountain Latvia, Longenesis, Siemens Healthineers, Skaal, Sky High Agency, TalentHub and Renārs Rūsis.

The Healthcare work group held its 8th meeting this year to review the latest achievements and developments of the ongoing projects: digital strategy, secondary data framework, VBHC approach, public health funding and value-based tenders. Members also discussed the latest activities - the precision medicine conference held on October 13-14 and the workshop on value-based procurement at Latvian hospitals on November 2. 

On November 3, AmCham Latvia, Estonia and Lithuania held an exclusive online session addressing the U.S. Midterm Elections with returning guest presenter and White House Correspondent, Jon Decker. The event was moderated by Andreas Kaju, Co-founder and Managing Partner of META Advisory. Members of Pan-Baltic AmChams had an opportunity to hear Mr.Decker’s insights and forecasts on the outcomes of the Midterm elections and 2024 Elections.

On November 2, AmCham held the second event in the series dedicated to Value-Based Procurement with an aim to raise awareness of value-based procurement in Latvian hospitals. The event series is based on the VBHC White Paper AmCham released earlier this year. The event featured lectures by Hans Bax, Partner of European Alliance for Value in Health representing MedTech Europe, Karsten Kirkegaard from Southern Denmark's Strategic Procurement Department, Rodolphe Eurin, CEO of Geneva Hospital La Tour, and experts from several hospitals.