Latvian stores promise lower prices as reduced VAT on essential food products takes effect soon

An agreement was signed on Friday at the Ministry of Economics (EM) with food retailers and retail sector representatives to ensure the full transfer of the value-added tax (VAT) reduction from 21% to 12% to consumer prices for certain essential food products starting from the 1st of July this year. During the event, the parties […]

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Transport groups announce nationwide strike on March 19 over soaring fuel prices

TRANSPORT group PISTON and progressive alliance Bagong Alyansang Makabayan (BAYAN) announced on Monday a nationwide protest and transport strike starting March 19, calling on the government to address the surge in fuel prices. At a press conference at Welcome Rotonda, the groups said drivers, operators, and commuters would stage coordinated protests not only in Metro […]

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