No Picture
Economy

New global sales trends have not bypassed Lithuania: “Pigu.lt” has announced two-week sale festival

Traditionally, November is a very busy month for global trade sector as everybody looks forward to new sales records. Although last year, still little-known Singles’ Day in China outperformed the best-known Black Friday, American Black Friday is still in the lead of shaping sales traditions for the greater part of the world. This year, the largest Baltic online shopping site “Pigu.lt” has merged both global traditions and offered a new sales concept to its customers, a press release from the site states. […]

Economy

Railsbank opens new office in Lithuania

Railsbank, a leading UK-based open-banking and RegTech platform, has opened a new office in Vilnius, Lithuania, a press release from Invest Lithuania states. […]

Klaipėda port
Economy

Reduced Klaipėda seaport charges for container ships to boost the development of shipping

In order to create more favorable conditions for container ships, entering the Klaipėda seaport, the Ministry of Transport and Communications proposes to reduce the port charges for ships with a total capacity of more than 60 thousand units. The proposal to improve the port charges collection principles was submitted to the Government, a press release from the ministry states. […]

Vilnius
Economy

A digital creative agency has come up with the idea of how to attract more tourists to Vilnius

The Gediminas Castle, the Hill of Three Crosses and Užupis are probably the most popular tourist attractions in Vilnius. However, have you ever thought how many alternative sights known only to the locals remain unmarked on the Vilnius map? To fill in this gap, the digital creativity agency bigNow presents the platform Vilnius Wows where the residents of Vilnius will be invited to mark the undiscovered sights of Vilnius that are worth visiting. Later, based on the highlights provided by Vilnius residents, an alternative tourist map will be created to reflect the objects and places that remain in the shadow of the most visible sights of the city, a press release from bigNow states. […]

No Picture
Cyber security

As online shopping becomes more popular, more and more fraudulent sellers appear: how to avoid them?

According to Eurostat, the statistics agency of the European Union, Lithuania is one of the leading EU members in terms of goods and services sold online. Online shopping becomes increasingly popular because it gives an opportunity to quickly and conveniently choose the desired goods, but its popularity also attracts fraudsters who aim to exploit the new consumer habits. Below, Tomas Parnarauskas, an ESET cybersecurity specialist, talks about how to recognize and avoid fraud while shopping online. […]

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CORPORATE

Sun sets on traditional parties

Political parties do not have a future because they are structures from a past stage, political scientist Lauras Bielinis tells LRT Radio. The same is echoed by others talking to LRT Radio. According to Mykolas […]

#Blockchain by Mantas Bartaševičius
Economy

The future of real estate industry is here already

The Fourth Industrial Revolution (4IR) is already affecting every corner of economy and our lives, and this is only the beginning. The real estate industry is not an exception, even though the 4IR has not made visible inroads into the industry yet. Not for long, Ruden Blockchain, a Singaporean real estate company is convinced. This company has answers of how the 4IR is going to affect the real estate industry in the near future. This future is already here, and Ruden Blockchain representatives are going speak about the future of the real estate in Vilnius this Wednesday. We asked one of the speakers Takatoshi Shibayama about his vision of the real estate in the dawn of the 4IR, a Blockchain Centre Vilnius press release states. […]

Lithuania
Cyber security

The history of Lithuanian statehood has always been built by members of various ethnic communities

Ethnic minorities in Lithuania lived through the same historical tendencies as the country in which they live: the highs and the lows, the occupations, the political crises and persecution, various reforms. These processes changed the structure of the Lithuanian society and the composition of Lithuanian cities. Below, Zenonas Butkus, a history professor at the Vilnius University, sheds light on how various ethnic minorities in Lithuania became an inseparable part of our society, participated in building the Lithuanian state, defending our statehood and independence. […]

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Politics

Ruling party moves to cut MP seats to 121

Lawmakers of the ruling Lithuanian Farmers and Greens Union (LVŽS) say that will table a new draft constitutional amendment to reduce the number of members of the Seimas to 121, from the current 141 seats. […]