The EBRD is promoting the implementation of a fair and competitive business environment in Montenegro with a capacity building project for the national Agency for the Protection of Competition. The project includes training for staff and judges on merger and antitrust cases, the introduction of econometric software to analyse competition cases and activities to raise… READ MORE
Thailand has topped fDi’s inaugural ranking of global tourism locations with the best potential for investment. The balmy Maldives is second, while Asian business hub Hong Kong has placed third. Cathy Mullan explores the winning locations. Thailand’s food, beaches and sunshine make it a popular holiday destination for millions of tourists every year. But its… READ MORE
As part of its effort to improve regional integration in the Western Balkans, the EBRD is providing a €40 million loan to contribute to the financing of the reconstruction of 216 km of Montenegro’s main roads. The loan will be extended in three tranches to the Ministry of Transport and Maritime Affairs, according to the… READ MORE
Azerbaijan invested 45 million euros in the economy of Montenegro in ten months of 2017, says a message posted on the website of the Central Bank of Montenegro. The message says that the share of Azerbaijan accounted for nine percent in the total volume of investments put in Montenegro in the period. The entire volume… READ MORE
His Highness Shaikh Mohammad Bin Zayed Al Nahyan, Abu Dhabi Crown Prince and Deputy Supreme Commander of the UAE Armed Forces, received Filip Vujanović, President of Montenegro, at Al Shati Palace. Shaikh Mohammad and Vujanović discussed bilateral ties between the UAE and Montenegro and ways to enhance them. They also discussed means of boosting cooperation… READ MORE
The fourth-period meeting of Turkey-Montenegro Joint Economic Committee began in Ankara on Thursday that aims to strengthen economic ties between the two sides. Deputy Prime Minister Recep Akdag and his Montenegrin counterpart Milutin Simovic attended the meeting at Cankaya Palace. Montenegro’s Education Minister Damir Sehovic, Transport Minister Osman Nurkovic, Health Minister Kenan Hrapovic, Ambassador of… READ MORE
The key IMO treaty supporting the free flow of international maritime traffic – the Facilitation Convention – provides a set of consistent, uniform regulations that cover the wide range of administrative tasks required of ships coming into and leaving port. To support this process in Montenegro, IMO is holding a seminar with the Ministry of… READ MORE
Establishing the power exchange in Montenegro is a step towards a free wholesale power market. It is to provide transparent trade and the establishment of benchmark wholesale price, and also enhance competition, says the economy minister, Dragica Sekulic in an interview with Pobjeda newspaper. She added that our power market was small, so the full… READ MORE
The construction of the Bar-Boljare highway priority section officially began on this day in 2015. A lot has been done in the last 24 months and photos from the field are the best proof that Montenegro will have ready its first section from Smokovac to Matesevo by 11 May 2019, Dnevne Novine writes. Works being… READ MORE
World Bank (WB) has raised its forecast of growth of Montenegrin economy for 2017 by 0.5 percentage points to 3.6%. In its June report, WB predicted that the Montenegrin economy would strengthen to 3.1% this year. According to the forecasts, GDP should grow 3% in 2018. WB has also estimated the growth of Montenegrin economy… READ MORE
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