Newsletter

What is the role of banks in promoting economic growth?

On January 8, AmCham hosted its first speaker luncheon of 2025, featuring Uldis Cērps, CEO of the Finance Latvia Association. The event focused on the latest developments in the financial sector, with a lively discussion moderated by AmCham Vice President Guntars Krols. Key topics included the role of banking in furthering economic growth, capital access, competitiveness, and the investment environment. Read more

ESPA team wins 2025 Bowling Trophy

This year, the ESPA team claimed the title of winning team, earning a trophy cup and prizes with a combined score of 1037 points. The runner-up was the DNB team with a score of 982 points. The event was filled with an atmosphere of fun, fellowship, and friendly competition, uniting 89 participants across 21 teams.  Read more

AmCham Board sets the course

On January 27, the AmCham Board came together for a semi-annual strategic meeting to discuss the Chamber's direction and priorities for 2025. Among priority areas will be fostering bilateral economic ties, improving the investment climate, and strengthening human capital in the face of demographic changes. Ensuring a fair and consistent regulatory and tax environment, and expanding collaboration in sectors such as energy, defense, and technology will also be addressed. Read more

Discussing transatlantic relationship under the Trump Administration 

On the day following President Trump's second inauguration, AmChams in Europe convened a live event featuring key representatives from its Executive Committee represented by AmChams in Greece, Turkey, Moldova, Germany, and Slovenia alongside the U.S. Chamber of Commerce. The event explored critical questions concerning the future of U.S.-Europe collaboration. Participants underscored that strong transatlantic relations are essential for fostering economic growth, ensuring peace, and driving prosperity. Read more

The State of American Business is local

On January 16, U.S. Chamber President and CEO Suzanne Clark emphasized the importance of prioritizing growth and opportunity for all Americans during her annual State of American Business keynote address. She highlighted that the state of American business is inherently local, as businesses serve people where they are. This year's program was held in Dallas, Texas, one of America’s fastest-growing economic regions, to illustrate key areas policymakers need to focus on to succeed. Read more

Healthcare Work Group Meeting

On January 20, the AmCham Healthcare work group convened at a kick-off meeting to discuss this year's activities and to provide an update on topics, including healthcare financing, digital health, precision medicine, value-based healthcare, and secondary health data regulation. The group also discussed a proposal to focus on preventive health and promote specific wellness initiatives in the workplace. Read more

Empower Her Work Group Meeting

AmCham Empower Her work group met to brainstorm ideas for this year's activities and to share best practices. The meeting featured Ramune Lauciuvienė, Country President for the Baltics & Ukraine at Novartis, as the keynote speaker. Ramunė shared an inspiring personal story, offering valuable insights into her journey and the challenges she has overcome in her leadership career. Additionally, Ieva Racenaja, Vice President of AmCham and Director at the Riga Graduate School of Law, shared her insights and experiences in leadership roles. Read more

Children’s Hospital opens new Center of Excellence

On 29 January, the Children’s Hospital celebrated the grand opening of the Center of Excellence for Precision Medicine, marking a significant step forward in the development of healthcare in Latvia. The mission of the center is to advance precision medicine approaches in diagnosing and applying targeted therapies for pediatric illnesses, thus improving the quality and outcomes of children’s healthcare. Read more

Latvian Education Accelerator shares first-year results

On January 17, the Latvian Education Accelerator held a presentation to share its first-year results. The event highlighted the progress of activities and the initial outcomes of this important project. The Accelerator, launched last year, is part of a global initiative by the World Economic Forum addressing challenges in the education system. Read more

COBALT releases guide on public procurement procedures

COBALT has compiled an informative FAQ document on Latvian public procurement rules providing a concise overview of the public procurement process, designed to assist foreign participants. It addresses common queries and concerns, helping ensure compliance with the legal framework and promoting a fair and competitive environment. Read more

Applications for the Baltic-American Security Exchange Program

The Baltic-American Security Exchange program offers an opportunity to engage with leading U.S. experts, institutions, and policymakers in shaping the future of Baltic-American security cooperation. Professionals from the three Baltic countries with expertise in defense, security, foreign policy, or public administration are welcome to apply. Read more

What taxes and rates are changing in 2025 in the Baltic States?

Leinonen tax advisors in Lithuania, Latvia, and Estonia have compiled a helpful summary of the key business-related tax changes for 2025. This includes a comparison of corporate income tax (CIT), withholding taxes, wage taxes, and VAT rates across the Baltic states, ensuring you stay informed and up-to-date.
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Pullman Riga gets Green Globe Certification

Pullman Riga Old Town Hotel has achieved the prestigious Green Globe Certification, recognizing its commitment to sustainable management and environmental responsibility. As the first and only hotel in the Baltics to receive this certification, Pullman Riga continues to set the standard for sustainable tourism. Read more