Economy

Cinema advertising in Lithuania grows 34 pct in 2017

Cinema attendance and advertising volumes in Lithuania grew last year compared with 2016, with the total number of commercials screened at the country’s movie theaters up by 34.2 percent to 581,000 commercials, the business daily Verslo Žinios reported on Tuesday, citing data from the market research company Kantar TNS. […]

No Picture
Economy

Lower VAT on food discussed in Lithuania as a way of bringing down prices

As politicians, retailers and producers in Lithuania discuss how to bring down rising food prices, opposition lawmakers propose that the government should lower the value-added tax (VAT) on food and retailers, for their part, should pledge not raise prices. […]

#Blockchain by Mantas Bartaševičius
Economy

Blockchain – revolutionary innovation that will help us in everyday lives

Blockchain could be used in car markets – then drivers should not rely solely on the seller’s persuasions, as they could see the whole history of the car they are going to buy in a decentralized network, says adviser to the Board of the Bank of Lithuania Ekaterina Govina. She and the director of Blockchain Centre Vilnius Eglė Nemeikštytė told about the practical uses of the promising technology that has been recently enjoying much attention. […]

Tomer Sofinzon, Founder of the Pillar Project, at a panel discussion, by Mantas Bartaševičius
Economy

Tomer Sofinzon: Blockchain will change the way we live

Blockchain technology is going to change the world and potentially could have as big effect on our lives as birth of the Internet. Still, since it is relatively unknown, the perception of it is that this technology has been created to serve only the cryptocurrencies, let’s mention the Bitcoin. The Lithuania Tribune spoke with Tomer Sofinzon, the founder of the Pillar Project and member of the 2030 project, about the technology and how Blockchain is going to change our lives. […]

Members of the Organization for Economic Cooperation and Development
Economy

Lithuania ranks among 10 most open markets for services in OECD index

Lithuania is ranked by the Organization for Economic Cooperation and Development (OECD) among the ten top countries with the most open markets for services trade in 2017. […]