DV Times, Economic and investment news and reviews from the Far East of Russia, Vladivostok, Khabarovsk, Primorye, Magadan, Sakhalin
Economic and investment news and reviews from the Far East of Russia
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09.10.2009 Large-scale exercise of rescuers begins in Russia's Far East
A large-scale exercise of rescuers has begun in the Russian Primorsky territory.

02.10.2009 Fire at Nakhodka shipyard localized
A fire that broke out at a shipyard in Nakhodka was localized; the fire spread threat was eliminated.

01.10.2009 Vladivostok has marked Tiger Day
Vladivostok has celebrated the Tiger Day for the tenth year running to raise awareness of conservation of the Ussuri Taiga and its animal species – Amur tiger and Far-Eastern leopard.

10.08.2009 Opera and Ballet Theater in Vladivostok to be built
Earlier the authorities had feared that this object of the APEC-2012 summit could be reduced

10.08.2009 Investment in the economy of Primorye grew more than twice
Despite the crisis, investments in the regional economy grow

07.08.2009 Putin marks construction of new pipeline
Russian Prime Minister Vladimir Putin attended opening ceremonies Friday for construction of the first leg of a new natural gas pipeline in Russia's Far East.

15.07.2009 Russia plans disposal of 2 nuclear subs
Russia announced that it will have disposed of two nuclear submarines by the middle of 2010.

06.07.2009 Glow-lamps will fall into oblivion
From 2011 the manufacture and sale of the traditional incandescent lamps may be prohibited.

08.06.2009 Israel, Russia to ally on nanotech
Israel and Russia will be collaborating on the cutting-edge science of nanotechnology, which is the science of controlling matter at molecular or even atomic levels.

08.06.2009 Fishermen of Primorye caught out more than 330 thousand tons of water bio resources
This is 10 percent more than last year's level.

08.06.2009 Taiwan to shut representative offices in five countries
Taiwan plans to shut its representative offices in five countries which "do not function well," and will open two new representative offices, one in Japan and another one in Turkey, an official said Saturday. The countries where Taiwan will close its representative offices are Bangladesh, Bolivia, Venezuela, South Africa and Panama, Foreign Minister Francisco Ou said.

04.06.2009 APEC summit in Vladivostok is aimed on Far East development
Russian President Dmitry Medvedev is certain that the main aim of the preparation for the Asia-Pacific Economic Cooperation (APEC) forum’s summit that will be held in Vladivostok in 2012 is the development of the Russian Far East. “The aim is not only to surprise the foreign guests and create normal work conditions at the summit, but the development of Primorye, Vladivostok, so it is necessary to proceed from this,” the RF head of state said at a meeting with First Vice Prime Minister Igor Shuvalov and governor of the Primorsky Territory Sergei Darkin.

01.06.2009 Russia and Japan will jointly respond to North Korea's threat
During the phone talk Medvedev and Aso came to agreement that it is necessary to seriously respond to the actions of North Korea that make a challenge to the system of international security.

19.05.2009 New presidential envoy introduced to Russia’s Far East governors
First deputy chief of the Russian presidential administration Vladislav Surkov introduced new presidential plenipotentiary representative in the Far Eastern Federal District Viktor Ishayev to the governors of Russia’s Far East. “The Far East Federal District has the biggest territory among all other Russian federal districts. The foresaid district occupies one third of Russia’s territory,” Surkov said.

19.05.2009 China embarked on an oil pipeline "Eastern Siberia - Pacific Ocean"
Construction of ESPO branch started in the border city Mohe.

15.05.2009 Russia, Japan Sign Nuclear Deal
Russia and Japan agreed on Tuesday to expand their cooperation in the nuclear industry as part of a visit to Tokyo by Prime Minister Vladimir Putin, who presided over a deal that will open the way for contracts worth billions of dollars between the world’s two leading nuclear technology powers.

13.05.2009 Medvedev signs law on APEC's 2012 summit
Russian President Dmitry Medvedev signed into effect a law on organizing a planned 2012 summit of Asia-

Pacific Economic Cooperation (APEC) a forum of Pacific Rim countries.

08.05.2009 Russia warns Japan against 'inflated hopes' in islands dispute
Russia on Thursday warned Japan not to expect a decades-old territorial row to be resolved ahead of Prime Minister Vladimir Putin’s visit to Tokyo early next week.

07.05.2009 Japanese companies to cooperate on wind farm project on Russky Island
Russian hydrogenerating company RusHydro is planning to sign a memorandum on cooperation with Japan's Mitsui and J-Power on May 11-12 as part of a project to build wind plants on Russky Island off Vladivostok, acting RusHydro CEO Vasily


Zubakin said.


07.05.2009 Japan sending another $40 million to Russia for sub dismantlement
Japan is to allocate Russia an extra 4 billion yen ($40 million) to dismantle decommissioned Russian nuclear submarines in the Far East, Japanese media reported on Tuesday.

07.05.2009 U.S. warship to visit Russia for Victory Day celebrations
The U.S. missile cruiser Cowpens will start a four-day visit to Russia's Far East port of Vladivostok on May 7 to take part in Victory Day celebrations, a spokesman for Russia's Pacific Fleet said Wednesday.

06.05.2009 Vladivostok and Japan will exchange delegations
Such proposal was made by the chairman of the Duma Valery Rozov at the meeting with the Consul of Japan Yamada Jun.

29.04.2009 Vladivostok signs agreement on development of tourism with APR cities
Vladivostok has singed an agreement on development of tourism with the biggest cities of the Asia-Pacific region (APR) on Monday. Fukuoka (Japan), Honolulu (USA), Pusan (South Korea), Jakarta (Indonesia), Guangzhou (China), Ho Chi Minh and Hai Phong (Vietnam), Manila (Philippine) became its partners in tourism.

29.04.2009 Siberian vets fight to save rare tiger hit by car
Vets are working to save the life of a Siberian tiger hit by a car in Russia's Far East, a regional conservationist group said on Tuesday.

29.04.2009 Russian warships arrive in Gulf of Aden for anti-piracy mission
A new task force from Russia's Pacific Fleet has joined operations against Somali piracy off the Horn of Africa, a fleet spokesman said on Monday.

10.04.2009 Russian Internet celebrated the 15th anniversary
The audience of users for this period has reached the amount of 31 million.

08.04.2009 Vendemiaire frigate of French Navy arrives in Vladivostok
A frigate of the French Navy, the Vendemiaire, arrived in Vladivostok on Monday on a three-day visit.

23.03.2009 Each resident of Primorye will answer 19 questions
The preparation for the All-Russian Population Census of 2010 is in full swing in Primorye.

"All-Russian population census is a voluntary matter, and no one can force people to answer the questions from the questionnaire. But we must understand: the acquired data will seriously affect the formation of the further social, ethnic and demographic policy of the state and the Primorye region in particular.

18.03.2009 Korea Gas Seeks to Join Sakhalin-Vladivostok Pipeline Project
Korea Gas Corp., the world’s biggest buyer of liquefied natural gas, is seeking to take part in a Russian pipeline project to connect fields at Sakhalin with the port of Vladivostok near the North Korean frontier.

16.03.2009 Vladimir Putin confirmed Vladivostok as the place for the APEC summit conduction
The amount of financial assistance to the region will grow by 300 billion rubles.

11.03.2009 Hurricane moving from Pacific to Kurils, storm warning made
The Kuril Islands are going to be affected by a cyclone that is moving towards them from the Pacific Ocean. The cyclone will hit the islands ôå the afternoon, its maximal wind force is forecasted to reach 37 metres per second.

11.03.2009 St. Petersburg Model Crowned Miss Russia
An 18-year-old model from St. Petersburg has won this year's Miss Russia title by humming a song from composer Nikolai Rimsky-Korsakov.

04.03.2009 U.S. Rabbi Leaves Amid Visa Inquiry
The chief rabbi of the Primorye region, a U.S. citizen, has left Russia of his own accord following a court ruling ordering him to be deported over visa violations.

04.03.2009 BP, Rosneft back out of Sakhalin-4
BP pulled out of exploration at a facility near Sakhalin Island in Russia when drilling failed to reveal natural resource reserves.

26.02.2009 Russian governor plans second Far East LNG plant
Russia plans to build a second Far East liquefied natural gas plant in the next few years, a regional governor said on Wednesday, a week after it launched the Sakhalin-2 project to supply Asian markets. Primorye Governor Sergei Darkin said the plant would be among the largest in the Asia-Pacific region, although the details of the project were still being worked out.

26.02.2009 Surviving Chinese sailors in Russia return home
Three Chinese sailors who survived the sinking of a civilian cargo ship at the Sea of Japan left the Russian Far Eastern city of Vladivostok for home on Wednesday.

20.02.2009 Medvedev Opens LNG Plant on Sakhalin
Sakhalin Island — Russia’s first plant to supply natural gas by tanker opened Wednesday on Sakhalin Island, marking the country’s foray into a new market both by product and location.

18.02.2009 Russia highly regards APEC summit in Far East
Giving the 2012 APEC summit in Vladivostok the highest possible level of quality is a matter of Russia's prestige, first deputy chairman of the United Russia political faction in the State Duma Vladimir Pekhtin told journalists.

17.02.2009 Russian and Americans will fight child pornography together
International scientific-practical seminar "Counteraction of child exploitation and child pornography" will be held in Vladivostok on February, 19-20

16.02.2009 Prokhorov Tops List of 49 Russian Billionaires
Mikhail Prokhorov’s $14.1 billion fortune ranked him at the top of a list of Russian billionaires as the global crisis pushed the country to the brink of recession after a decade of growth.

16.02.2009 Medvedev, Obama may meet in London
The first meeting between Russian President Dmitry Medvedev and U.S. President Barack Obama will most likely take place in London where a G20 summit on the global financial crisis is scheduled for April 2, Russian Foreign Minister Sergei Lavrov told TV-Centre television on Saturday.

16.02.2009 Russian destroyer escorting 4 ships through Gulf of Aden
Russia's Admiral Vinogradov destroyer is escorting four vessels through waters off the Horn of Africa to protect them against Somali pirates, Navy Capt. 1st Rank Roman Martov said on Friday.

12.02.2009 Russian Foreign Minister to visit West Asia next week
Russian Foreign Minister Sergei Lavrov will visit Israel and the Palestinian territories during his West Asia tour next week, to push for a renewed peace efforts in the region.

12.02.2009 Indian delegation inspects Nerpa nuke submarine
An Indian delegation has visited the Vostok dockyard in Russia's Far East where K-152 Nerpa, Akula II class nuclear-powered attack submarine has been berthed since last year's fatal accident on board.

10.02.2009 Vladivostok will see the faces of love and beauty
An exhibition devoted to St. Valentine's Day will be opened in the city.

10.02.2009 Russia frees Japanese seamen detained for poaching
Russia on Saturday released a Japanese fishing vessel, detained in Russian waters in late January for alleged crab poaching, a spokeswoman for the local border guards department said.

10.02.2009 The senators are concerned with the child pornography
The members of the Federation Council and the Minister of Communications and Mass Communications of Russian Federation Igor Schegolev met at the Ministry of Communication and Mass Communications on February 4.

09.02.2009 Japanese airlines go bankrupt
Japan Airlines will receive a net loss for 2008 fiscal year, which ends in Japan on March 31, 2009, in the amount of 34 billion yen (377 million dollars)

09.02.2009 The gambling zone of Primorye will be located on the shores of the Muravyinaya bay
Casino, hotels, shopping areas, restaurants, cafes, concert halls, swimming pools and fitness centers will be placed there

05.02.2009 Construction of gas pipeline in Primorye may begin this year
Construction of the main facilities for the Sakhalin-Khabarovsk-Vladivostok trunk gas pipeline in Primorye may begin in the first half of 2009, the territorial administration said.

04.02.2009 Primorye and South Korean province of Kangwon intend to develop cooperation
The governor of Primorye Territory Sergey Darkin during the working visit to the Republic of Korea signed a memorandum of cooperation with the governor of Gangwon Province Mr. Kim Jin Sung.

04.02.2009 Fishermen from around will once again gather In Primorye
On September 8-10 an International Fishermen congress and international fisheries exhibition will take place in Vladivostok.

03.02.2009 Fishermen of Primorye will get 15 million roubles
A decree on the support of fishing industry was signed in the region.

03.02.2009 The V winter Spartakiad starts in Primorye
More than 700 athletes from the region will participate in the competitions.

30.01.2009 The law on «Production and consumption wastes in Primorye Territory" passed on first reading
The Legislative Assembly of Primorye Territory passed on first reading of the bill.

29.01.2009  The Governor of the region Sergei Darkin went on a working trip on the region
He plans to visit the village Noviy in the Nadezhdinsk area and Arsenevskiy urban district.

In the Noviy village Governor will award certificates to the participants of regional housing program "Social development of the village until 2012." Housing conditions will be improved by 58 specialists of demanded in rural areas specialties and their families.

29.01.2009  PMP boosts cargo shipping by 2% in 2008
OJSC Primorsk Shipping (PMP) (RTS:PRIM), part of the PRISCO Corporation, boosted liquid cargo transport by 2% to 14.433 million tonnes in 2008.

21.01.2009 The State Duma began its consideration of the "APEC Law"
The main purpose of the law is the simplification of bureaucratic procedures for the construction of the objects of the APEC Summit 2012

20.01.2009 Harbin-Russia freight transport road opens
An international freight transport road connecting Harbin, the capital city of China's Heilongjiang Province, with Vladivostok, a port city in Russia, officially opened on the morning of January 18.

16.01.2009 Shipbuilders of Primorie don’t stand up to Chinese competition
Parliamentarians of the region will consider the issue on providing them with tax breaks

15.01.2009 Vladivostok customs reports slight decrease in car imports
Car imports to Russia through the far eastern port of Vladivostok have decreased only slightly, customs officials said.

14.01.2009 Motorists Rally Against Increased Car Import Tariffs
Dozens of motorists rallied in several cities nationwide last week to protest the government's decision to raise car import tariffs, Ekho Moskvy radio station reported.

14.01.2009 Russia will reduce tariffs on foreign cars after WTO accession
Russia has temporarily increased the duties on imports of foreign cars to 30% of the customs value, after joining the World Trade Organization rates will again be lowered to 25%, said Director of the Information Bureau on Russia's WTO accession Alexei PORTANSKY.

13.01.2009 The regional budget allocated more than 500 million roubles for the preparation of the roads of Primorye to the APEC summit in 2008
The money had been sent to the construction and design of road facilities of Primorye.

13.01.2009 Far Eastern companies were recommended to catch more than 3 million tons of fish
The forecast of possible catches in the Far Eastern basin

11.01.2009 China bans diet drug, says it can harm heart
Japanese Foreign Minister Hirofumi Nakasone met Thai counterpart Kasit Piromya on Saturday for brief but wide-ranging talks that dealt with the recent closure of Bangkok\\\'s airports by protesters.

11.01.2009 The Year of the Family Triggered More Marriages in Vladivostok
The Civil Registry Office registered the decrease in the quantity of divorces

10.01.2009 Japanese foreign minister visits Thailand for political talks
Japanese Foreign Minister Hirofumi Nakasone met Thai counterpart Kasit Piromya on Saturday for brief but wide-ranging talks that dealt with the recent closure of Bangkok's airports by protesters.

29.12.2008 An unusual “snowflake” whirled above Primorye
In Arsenyev New Year was greeted in the air.

26.12.2008 Former Vladivostok mayor Yuri Kopylov gets a three-year suspended sentence
The Lenin district court of Vladivostok handed down a three-year suspended sentence on Thursday to former mayor of the city Yuri Kopylov for abuse of office.

26.12.2008 Dalsvyaz to boost 2009 investment program 21%
Dalsvyaz, the incumbent telecom operator in Russia's Far East, plans to increase its investment program for 2009 by 21.4% to 3.4 billion rubles, company General Director Anton Kolpakov said.

24.12.2008 Vladivostok Air charter flight is due on Sunday
The first of three trial charter flights of Vladivostok Air will arrive on Saipan at 3:40pm this Sunday, according to the Marianas Visitors Authority.

23.12.2008 American, Russian take spacewalk to solve module woes
American and Russian crewmen installed a probe today aimed at tracking down problems with a Russian module during a six- hour spacewalk outside the international space station.

23.12.2008 Protests Erupt in Russia Over Raising of Car Tariffs
Small demonstrations occurred in several Russian cities over the weekend in reaction to the government’s plan to raise tariffs on imported automobiles, and the riot police broke up one protest on Sunday in Vladivostok in the country’s far east, briefly detaining scores of people, news agencies reported.

12.12.2008 Primorye is not threatened by financial crisis
The measures to counter the financial crisis were taken in Primorye. The Action Plan designed to improve the situation in the financial sector and economy was approved by the Governor Sergei Darkin, informed in the press service of the regional administration.

09.12.2008 Fishermen will feed Primorye with fish
The fishermen of Primorye receive shares for coastal fisheries. The press service of the Administration of Primorye reports that the contracts for the consolidation of shares on coastal fisheries have been signed with 10 out of 28 enterprises of Primorye fishery complex.

09.12.2008 Primorye is preparing for the census
A census will be held in Russia in 2010. Preparations for this process in Primorye have already started.

08.12.2008 Pope urges prayers for soul of Russia's Alexy II
Pope Benedict XVI is calling for prayers for the soul of Russian Orthodox Patriarch Alexy II.

08.12.2008 Gazprom approves investment program for 2009
Gazprom's executive board has approved an investment program worth RUB 920.44bn for 2009, the Russian gas monopoly said in a statement today. Specifically, Gazprom's capital investment is to amount to RUB 699.88bn, and long-term financial investment to RUB 220.56bn. According to the draft program for cost optimization for 2009, also approved by the board, the effect from the program's implementation is expected to reach RUB 11.3bn.

08.12.2008 The residents of Artem will turn their city into a New Year’s Fairy Tale
The competition on the best decoration of houses was announced

08.12.2008 Russian tourists will be helped in China
Public Reception for Russian tourists opened in the Chinese city Suifenhe.

08.12.2008 Primorye is fighting with poachers
More than 718 raids to curb poaching held in the Primorsky Territory from the beginning of the year.

05.12.2008 Primorye will drink its milk
The dairy market of Primorye is replenished with the milk of local production.

04.12.2008 The Fest “French cinema today” is starting out in Vladivostok
December 9-11, a Fest of the modern French cinema will take place in Vladivostok. The Embassy of France in Russia with the support of the Administration of Primorsky Krai is organizing this event.

04.12.2008 Primorye will be clean
Preserving the unique nature of Primorye is the main objective of the program «Neat Primorye», the draft of which has received cconclusion of the state ecological examination.

03.12.2008 The hand-made toys will decorate the main fir-tree of the country
The contest on the most original toy for the New Year’s tree will pass in the educational institutions of the region. The best New Year gifts made by kids will decorate the Kremlin tree – the main New Year’s tree of the country.

03.12.2008 Issues of labor protection on the ship repair enterprises will be discusses on the committee
The labour protection on the enterprises of ship repair will become the main topic of interdepartmental committee on the labour protection in Primorye. The leaders of the industry, representatives of supervisory authorities and trade union organizations of the province are among the participants.

02.12.2008 The protocol on cooperation between Primorye Territory and DPRK was signed
The protocol of the 5th meeting of a bilateral working group on trade and economic cooperation of Primorye Territory and the DPRK signed today in the administration of the region.

02.12.2008 Children with disabilities will receive online classes
The rehabilitation centers of Primorye Territory will receive Internet classes and new buses in near future.

The press service of the territorial administration informed that more than 80 billion rubles were sent from the President of Russia reserve fund for this puprpose.

02.12.2008 The APEC summit: road construction continues
The Construction of facilities for the APEC summit in Vladivostok, which will be held in 2012, is in full swing. As reported in the press service of the Administration of Primorsky Krai, thee traffic through the funicular will be opened by New Year.

28.11.2008 Russia to partake in joint naval exercises with Indian Navy
A task force from Russia's Pacific Fleet will leave its main base in Vladivostok on December 9 to take part in joint naval exercises with the Indian navy in the Indian Ocean, a fleet spokesman said.

28.11.2008 Russia begins boring railway tunnel to Pacific coast
A South Korean citizen must pay damages, Prosecutor of the South Kurils Yevgeny Frolov demanded, in relation to criminal case of illegal fishing handled by the local district court.

26.11.2008 50 young residents of Ussuriisk became the scholarship holders of the year
50 of the most talented and successful children of Ussuriisk received the scholarships of the year. This award was established by the head of the urban district for the most gifted and promising young people.

25.11.2008 Fishermen of Primorye increased the production of bio
592 thousand tons of water bio-recourses were obtained by fishery enterprises of Primorye from the beginning of the year.

25.11.2008 The governor of Primorye took part in the APEC summit
Sergei Darkin was a member of the official Russian delegation.

21.11.2008 More than 50 families will receive subsidies for the purchase of housing in rural areas
52 families will benefit from the subsidy for the construction and purchase of homes within the regional target program «Social development of the village». Governor Sergei Darkin signed an order on the approving of the list of measures to improve housing conditions.

21.11.2008 Russia, India to hold joint naval drills in January
Russia and India will conduct joint naval exercises in the Indian Ocean in January, a spokesman for Russia's Pacific Fleet said Thursday.

20.11.2008 Russian Duma passes longer presidential, parliamentary terms
The State Duma, the lower house of Russian Parliament, today in the second reading approved the bills extending longer terms for the President and Parliament, from current four years to six and five years respectively.

20.11.2008 South Korea launches tanker for Russian Far East shipping company
South Korea's Hyundai Heavy Industries has launched a new 104,000-dwt oil tanker ordered by Russia's Primorsk Shipping Corporation (PRISCO), the PRISCO press office said on Wednesday.

20.11.2008 The border checkpoints of Primorye will be modernized by 2012
The capacity of ports will be significantly increased.

 
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