We are excited to become a member of the family with the highest business ethical standards.
Aurelijus Valintėlis, Country Manager, Medtronic BV representative office
On February 17, AmCham published recommendations aimed at improving digital literacy among citizens according to the international best practices and by ensuring better governance and cooperation between all stakeholders. As the COVID-19 crisis has unveiled the importance of digital literacy across all levels, enabling digital skills must become the priority for upskilling and reskilling. Recognizing Latvia's continued efforts in upskilling and reskilling of its workforce, AmCham calls for immediate action to carry out coordinated efforts in order to prepare workforce for the new way of working and, in particular, boost digital literacy, learn from the best and improve governance and cooperation.Read all >
PwC Latvija invites to participate in PwC's Annual Baltic CEO Survey by joining more than 1,300 other CEOs, including Baltics, in sharing thoughts on the business environment and challenges. It will be open by March 1, 2021.Read all >
On the 18th of February, our sister organization AmCham Estonia together with the EU Commission Representation in Estonia invited AmCham Latvia members to join an interactive forum with the top policy-makers and business experts, who addressed the topics of Responsible AI from many different angles.Read all >
On February 11, FICIL Executive Board held an online meeting together with FICIL’s work group leaders to discuss the most topical issues currently on the table of the work groups, and to outline the way forward up to the expected High Council meeting in September. In 2021 FICIL will focus on four main overarching areas – human capital, digitalization, green economy, and rule of law.Read all >
The AmCham Board held its semi-annual retreat to discuss the strategic direction for 2021. Among key priority areas will be the enhancement of trade, investment and raising awareness of economic opportunities between Latvia and the US, improving the investment and business climate in Latvia, getting prepared for the future of work and improving health outcomes of Latvia's society.Read all >
The Director of the Latvian Data State Inspectorate addressed members on the role of the national data supervisory authority in shaping EU-wide legislation, lessons learned from the GDPR enforcement and the development of new data transfer agreements between the EU and the U.S.Read all >
In 2020 FICIL together with Dr. Arnis Sauka from SSE Riga carried out its 6th consecutive Sentiment Index research which points out 3 key challenges: financial issues; adapting to new ways of working and dealing with the uncertainty. The research reveals investors' viewpoint on the challenges caused by the Covid-19 pandemic and the best course of action for the economic recovery.Read all >
Riga Graduate School of Law has recently been awarded the prestigious Jean Monnet Chair by the European Union to strengthen the academic education in EU studies within the project "Excellence in EU Studies at Riga Graduate School of Law". Jean Monnet Chairs are teaching posts with a specialization in EU studies for university professors, awarded by the European Commission in a highly competitive peer-reviewed process.Read all >
Transparency International has published the results of the Corruption Perceptions Index 2020. Latvia’s score has increased by 1, from 56 to 57, and ranks 42nd the world (together with Cyprus and Costa Rica) and compared to 2019. While this might be seen as a positive step, the score is still too low and indicates that Latvia is lagging behind compared to other EU and OECD countries.Read all >
According to the latest CBRE Riga report, total stock of real estate has grown by 35,000 sqm and exceeded 739,000 sqm at the end of 2020. GBS centres are expanding their presence in Riga (Swisscom, Norwegian Air Resources and others) and rent rates remain stable.Read all >
AmCham is a place to meet representatives of other industries and understand the business environment.
Signe Velina, Market Access Manager Latvia of Johnson & Johnson