At a meeting with the ambassador of Japan to Bulgaria Hisashi Michigami, Bulgarian President Rumen Radev welcomed the interest by the Japanese side in the investment and trade potential of Bulgaria. The meeting was attended by proprietors and representatives of leading Japanese companies operating in the sphere of transport, construction, the food industry, IT, cinema, tourism, culture and art, as well as local self-government in the country, the presidential press service has announced.
During the first 6 months of 2024, trade between Bulgaria and Japan totaled USD 124.1 million, USD 37.9 million in exports and USD 86.2 million in imports from Japan. Integrated circuits and electronic microassemblies, as well as chemical products account for the growth in Bulgarian exports. Cars are top of the list in Japanese imports.
The overall business climate indicator in Bulgaria has increased in December by 1.7 points from 17 percent to 18.7% compared to November . An increase in the indicator was observed in the industry sector by 1.9 points, in retail trade by 5.7 points and..
The National Assembly postponed the discussion and voting of the most important fiscal law of the land – the national budget for 2025 – for next year. “If we do not have an approved budget by 19 January, then everything in the country will grind to a..
41% of the member companies of the Bulgarian Industrial Association expect an economic decline in 2025. 21% believe there will be no change compared to 2024. 65% of the respondents anticipate a deterioration in their own business due to the..
Bulgaria’s Minister of Finance Temenuzhka Petkova said that the turnover of large retail chains in Bulgaria decreased by 28.8% on the day of the boycott..
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