Category: Russia

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Why is customs more expensive for individuals?

Translation. Region: Russian Federation –

Source: KMZ Cargo – KMZ CARGO –

An important disclaimer is at the bottom of this article.

Why is customs more expensive for individuals?

When shipping goods internationally, customs clearance and duties are inevitable. But few people know: individuals pay significantly more than companies. For example, in Ethiopia, if the value of a shipment is $12,369.46, the duty for an individual is $4,499.73, while for a legal entity, it's only $1,853.31. Why is this?

1. Businesses need incentives—low rates facilitate trade. 2. Legal entities are under strict government control, so there are fewer risks to the budget. 3. High duties for individuals restrict commercial trade under the guise of personal parcels. Customs regulations are an economic tool. They create conditions for business growth, while barriers for private shipments are created to maintain market balance. Therefore, it's always worth calculating duties in advance before international shipping—this will help avoid unpleasant surprises. Advice from logistics experts:

– Always clarify the recipient's status (individual/legal entity) – this directly affects the amount of duty;– Ask the client for an exact invoice – customs calculates payments based on it;– Check the tariffs of the destination country before shipping – each country has its own legislation and approach to calculating duties;– If the cargo is being shipped for commercial purposes, it is more profitable to register it under the name of a legal entity;– Be sure to factor in additional costs: taxes, processing fees, and storage;– Keep all documents – this will help avoid delays at the border.

 

Publication date: 10/29/2025

Please note; this information is raw content obtained directly from the information source. It is an accurate account of what the source claims, and does not necessarily reflect the position of MIL-OSI or its clients.

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Financial news: Yakutsk people's bonds will be available on Finuslugi starting November 6.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

Applications for Yakutsk's 30 million ruble public bonds will be accepted on the Finuslugi marketplace on November 6, 2025, at 12:00 AM Moscow time and 6:00 AM Yakutsk time. This will be the third placement among the constituent entities of the Far Eastern Federal District and the Arctic.

The bonds will have a one-year maturity. The bond maturity date is scheduled for November 6, 2026. The par value of each bond will be 1,000 rubles. The coupon income is fixed at 16.03% per annum and will be paid quarterly.

The volume of the Yakutsk city bond issue is limited, so no more than 1,000 bonds will be available to any one buyer. Only already paid purchase orders will be accepted. Investors will be able to sell bonds back to the issuer from February 1 to October 23, 2026, inclusive. The order will be executed within five to six business days. Accrued coupon income will be calculated until the order is executed, meaning the investor will not lose interest while the order is being executed. The funds raised will be used to green the city's streets and public spaces.

Igor Alutin, Senior Managing Director for Retail Business and the Finuslugi Marketplace at Moscow Exchange:

"By investing in public bonds, people participate in the development of our country's cities and regions. This means their savings won't just earn interest but will also serve a noble purpose, such as building medical facilities, planting greenery, or renovating housing and utilities. Our team continues to work actively and takes a responsible role in developing tools that promote not only informed but also socially significant investing among citizens."

Ivan Alekseev, Acting Minister of Finance of the Republic of Sakha (Yakutia):

"Until now, municipalities in the Republic of Sakha (Yakutia) have not issued bonds. Therefore, the Yakutsk District Administration's decision to enter the organized securities market by issuing public bonds can be considered a true breakthrough. We note that, in its 30-year history as an issuer of government securities, the Republic has never issued special bonds for the public. Public bonds are a proven tool for raising public funds to finance development and improvement projects in cities and towns across Russia."

Elvira Nurgalieva, Deputy Minister of the Russian Federation for the Development of the Far East and the Arctic:

"The people's bond mechanism works not only as a financial instrument but also as a form of participatory budgeting, where citizens become participants in significant changes and make their personal contribution to the implementation of master plans and the development of a strategically important region of the country. Two regions—Amur Oblast and Chukotka Autonomous Okrug—have already issued people's bonds. Today, the city of Yakutsk joins them, taking another important step toward developing social investment in the macroregion."

About the Far Eastern Federal District's public bonds

An agreement providing for the issuance of national bonds by subjects of the Far Eastern Federal District and the Arctic to finance regional master plan projects was signed by the Moscow Exchange and the Ministry for the Development of the Russian Far East on the sidelines of the Eastern Economic Forum (EEF-2025).

People's bonds became available for purchase on Finuslugi in 2021. A unique feature of these bonds is that they are only available to individuals—they are not traded on the stock exchange and have no secondary market. Purchasing people's bonds on Finuslugi does not require a brokerage account: all transactions are conducted directly between the individual and the issuer. Simply register in your personal account or the Finuslugi mobile app using the Gosuslugi service.

Finuslugi is a money marketplace created by the Moscow Exchange. On Finuslugi, you can open bank deposits, take out cash loans, purchase mutual fund shares, public bonds from companies and Russian regions, as well as compulsory motor insurance (OSAGO), comprehensive motor insurance (CASCO), mortgage insurance, property insurance, and other products. You can top up your Finuslugi account commission-free using the Faster Payment System (FPS) 24/7. The service can be used regardless of region, anywhere in Russia and worldwide. Learn more on the website. http://finuslugi.ru.

Contact information for media: 7 (495) 363-3232PR@moex.com

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

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Financial news: On October 29, 2025, the Territorial Development Fund will hold a deposit auction.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

CategoriesEconomics, MIL-OSI, Moscow, Russia, Russian Economy, Russian Federation, Russian Language, Moscow Exchange, University life /

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Parameters
Date of the deposit auction October 29, 2025
Placement currency RUB
Maximum amount of funds placed (in placement currency) 1,530,000,000
Placement period, days 13
Date of deposit October 29, 2025
Refund date November 11, 2025
Minimum interest rate for placement, % per annum 16.5
Conditions of imprisonment, urgent or special Urgent
Minimum amount of funds placed per application (in placement currency) 1,530,000,000
Maximum number of applications from one Participant, pcs. 1
Auction form, open or closed Open
Basis of the Treaty General Agreement
Schedule (Moscow time)
Preliminary applications from 12:30 to 12:40
Applications in competition mode from 12:40 to 12:45
Setting a cut-off percentage or declaring the auction invalid until 12:55
Additional terms and conditions
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Red Wings completed its first flight to Sri Lanka this season on October 29, 2025.

Translation. Region: Russian Federation –

Source: Red Wings Airlines –

An important disclaimer is at the bottom of this article.

This winter, Red Wings Airlines will fly to Sri Lanka from seven Russian cities: Moscow, St. Petersburg, Yekaterinburg, Kazan, Ufa, Novosibirsk, and Samara. Tickets are already available as part of travel packages through the airline's partners.

The first flight from Moscow has already taken place – yesterday at 12:30 local time, a Red Wings airline plane landed in Hambantota and delivered more than 400 passengers to the resort.

Hambantota is a young resort town in the south of the island, where tourists enjoy a warm ocean and wide, white beaches with soft sand. The resort offers a wide range of activities, from surfing to exciting excursions to ancient temples hidden in the jungle.

This winter, Red Wings offers Russian tourists direct access to one of Sri Lanka's most promising resorts. The launch of flights from seven cities makes it easy for residents of various regions to plan a winter vacation by the ocean.

Please note; this information is raw content obtained directly from the information source. It is an accurate account of what the source claims, and does not necessarily reflect the position of MIL-OSI or its clients.

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Marat Khusnullin: Since the beginning of 2025, 25.8 million square meters of non-residential real estate have been commissioned in the country.

Translation. Region: Russian Federation –

Source: Government of the Russian Federation – Government of the Russian Federation –

An important disclaimer is at the bottom of this article.

In the first nine months of 2025, 25.8 million square meters of non-residential building space were commissioned in Russia. This figure is 14.4% higher than the same period last year, according to Deputy Prime Minister Marat Khusnullin.

"A key factor in the balanced development of territories is the construction of non-residential real estate. A modern residential area must include the necessary infrastructure for living, including commercial properties. Thus, as of October 1, 2025, the commissioning of non-residential buildings amounted to 25.8 million square meters, which is 14.4% higher than the 2024 target. This is the result of systematic work to create conditions for business activity and the implementation of investment projects in the regions," noted Marat Khusnullin.

The Deputy Prime Minister added that positive dynamics are observed in most segments in the first nine months of 2025. The largest growth was demonstrated by the commissioning of administrative buildings (80.5%), commercial (31%), and other buildings (27.7%). Agricultural (9.5%) and industrial (2.3%) buildings also increased. Commercial buildings (7.99 million square meters, 31%) and other buildings (6 million square meters, 23.3%) lead the way in terms of commissioning.

Speaking about the regional distribution, Marat Khusnullin noted that the leaders in terms of commissioning among the federal districts remain the Central Federal District with 9.4 million square meters (36.4% of the total commissioning), the Volga Federal District with 4.6 million square meters (17.8%), and the Northwestern Federal District with 2.7 million square meters (10.5%). Moreover, all federal districts are showing positive dynamics compared to the same period in 2024. The Urals Federal District (35.7%), the Far Eastern Federal District (32.3%), and the Siberian Federal District (19.3%) showed the most significant increases.

"In the first nine months of 2025, we observed dynamic growth in non-residential building commissioning across all regions of the country. Among the constituent entities of the Russian Federation, the best results in terms of total non-residential building commissioning were demonstrated by the Moscow Region (3.4 million square meters), Moscow (2.6 million square meters), and St. Petersburg (1.1 million square meters). Combined, the top 10 regions in terms of total non-residential building commissioning in the first nine months of 2025 commissioned 12.5 million square meters, or 48.7% of the total commissioning in the Russian Federation. By the end of the first nine months of 2025, the top 10 regions had commissioned 11.99 million square meters, or 53.3% of the total. This means that we see that the increase in commissioning is not solely due to the leading regions," noted First Deputy Minister of Construction, Housing and Utilities Alexander Lomakin.

In the first nine months of 2025, 19,081 new permits were issued for the construction of non-residential buildings (1.9% of the same period in 2024) for a total area of 48 million square meters, excluding the area of non-residential premises in apartment buildings.

"The largest number of new construction permits were issued for commercial buildings – 6,693 for a total area of 8.8 million square meters. Industrial buildings accounted for the largest area of construction permits issued – 13.9 million square meters. The fewest new permits were issued for healthcare facilities – 410 for a total area of 0.98 million square meters," said Dina Safiullina, head of the Ministry of Construction's Project Directorate.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

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Tatyana Golikova chaired a meeting of the project committee for the national project "Personnel"

Translation. Region: Russian Federation –

Source: Government of the Russian Federation – Government of the Russian Federation –

An important disclaimer is at the bottom of this article.

Tatyana Golikova chaired a meeting of the project committee for the national project "Personnel"

Deputy Prime Minister Tatyana Golikova chaired a meeting of the project committee for the national project "Personnel." Representatives from the Ministry of Labor, the Ministry of Education and Science, the Ministry of Education, the Ministry of Finance, the Federal Agency for Youth Affairs, the Federal Service for Labor and Employment, the Federal State Statistics Service, and others participated. Participants discussed the implementation results of the national project, as well as its constituent federal projects, for the first nine months of 2025.

The total federal budget funding for the "Human Resources" national project in 2025 is 21 billion rubles. Cash execution at the end of the third quarter is approximately 70%.

As part of the national project "Personnel," four federal projects are being implemented, which, among other things, are aimed at achieving the national goals set by the head of state.

The highest cash execution was achieved for the federal projects “Working People” and “Active Measures to Promote Employment”: more than 87% and 85%, respectively.

Under the federal project "Labor Market Management," this year, 482 employment centers in 17 regions of the country are scheduled to be modernized, as well as 6,000 employees of these centers to be retrained, 4,500 of whom have already completed the training.

To update the forecast for personnel needs in economic sectors over a seven-year period, a nationwide survey of employers was conducted, in which over 320,000 companies participated.

As part of the federal project "Education for the Labor Market," a national ranking of universities and colleges by graduate employment was published in June of this year on the "Work in Russia" digital platform. This ranking is designed to help applicants choose a future profession that is in demand in the labor market.

The federal project's targets for employment rates for university and college graduates in their first and second years of graduation have been met. As of September 1, 2025, 78% and 80% of university graduates, and 92% and 93% of college graduates, respectively, were employed within one and two years of graduation.

Development programs have been approved for 70 career centers based at universities, each with over 2,000 students.

Efforts are being actively implemented to develop a mechanism for independent qualification assessment. As of October 1, 2025, over 84,000 people had undergone independent assessment, representing 169% of the planned target.

As part of the federal project "Active Measures to Promote Employment," vocational training and continuing education programs are being implemented for certain categories of citizens. As of October 1 of this year, over 109,000 applications for vocational training and continuing education have been approved, 71,600 people have been referred for training, 21,000 have completed the training, and 15,400, or over 73%, of those who completed the training, are employed.

206 potential employers have been selected under regional programs aimed at increasing labor force mobility.

A youth entrepreneurship development program is being implemented, with 14,000 young entrepreneurs from 82 regions participating as of October 1, 2025.

As part of the federal "Working People" project, the All-Russian Job Fair "Work Russia. Time of Opportunities" was held in all regions of the country. Over 474,000 job seekers participated in the regional stage, with 44,500 finding jobs. Over 462,000 people attended the federal stage of the fair, and 86,600 received job offers.

The final round of the All-Russian Professional Skills Competition "Best in Profession" will take place in December. Participants will present their submitted practices, the results will be announced, and the winners will be awarded.

To date, 210 regional stages of the competition have been completed in 73 regions, with 1,078 participants. 297 applications were submitted for the federal stage of the competition, including 90 applications from industry competition winners from 79 regions. Fifteen federal stages of the competition have been held.

As of October 1, 2025, the proportion of citizens who consider blue-collar jobs prestigious increased to 73%.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

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Financial news: On October 29, 2025, the Federal Treasury will hold a deposit auction of 22,025,347.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

CategoriesEconomics, MIL-OSI, Moscow, Russia, Russian Economy, Russian Federation, Russian Language, Moscow Exchange, University life /

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Application selection parameters
Date of the application selection October 29, 2025
Unique identifier for the selection of applications 22025347
Deposit currency rubles
Type of funds funds of the single treasury account
Maximum amount of funds placed in bank deposits, million monetary units 300,000
Placement period, in days 7
Date of deposit October 29, 2025
Refund date November 5, 2025
Interest rate for placement of funds (fixed or floating) FIXED
Minimum fixed interest rate for placement of funds, % per annum 15.76
Basic floating interest rate for placement of funds –
Minimum spread, % per annum –
Terms and conditions for concluding a bank deposit agreement (fixed-term, replenishable or special) Urgent
Minimum amount of funds placed per application, million monetary units 1,000
Maximum number of applications from one credit institution, pcs. 2
Application selection form (open or closed) Open
Application selection schedule (Moscow time)
Venue for the selection of applications Moscow Exchange PJSC
Applications accepted: from 4:00 PM to 4:10 PM
*Preliminary applications: from 4:00 PM to 4:05 PM
*Competition mode applications: from 4:05 PM to 4:10 PM
**Time interval for the end of accepting applications (seconds): –
***Extension period (seconds): –
***Bet step: –
***End of renewal periods: –
Formation of a consolidated register of applications: from 4:10 PM to 4:20 PM
Setting a cut-off percentage and/or recognizing the selection of applications as unsuccessful: from 4:10 pm to 4:30 pm
Submitting an offer to credit institutions to conclude bank deposit agreements: from 4:30 pm to 5:20 pm
Receiving acceptance of offers to enter into bank deposit agreements from credit institutions: from 4:30 pm to 5:20 pm
Deposit transfer time In accordance with the requirements of paragraphs 63 and 64 of the Order of the Federal Treasury dated April 27, 2023 No. 10n
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Physics students won the volleyball tournament

Translation. Region: Russian Federation –

Source: Novosibirsk State University –

An important disclaimer is at the bottom of this article.

The competition counts toward the Spartakiad among faculties, institutes, the Specialized Scientific Center, and the Higher Institute of Culture (VKI) and was held using the Olympic system. Pairs were determined by drawing lots and taking into account the previous year's results. The losers were immediately eliminated, while the winners advanced to the next round and then to the semifinals.

In the final, the places were distributed as follows:

1st place — Faculty of Physics: Daria Kiryanova, Elizaveta Karlova, Elizaveta Kirchanova, Alexandra Kopysova, Daria Litvinova, Alena Mikhailova, Daria Lisyutenko and Alisa Ilinykh.

2nd place — Institute of Philosophy and Law: Sofia Volkova, Maria Dukhina, Alena Zagorodnikova, Sofia Kolmagorova, Polina Krivoshey, Ekaterina Petrova, Lada Sizova, Valeria Sitnikova and Daria Stepanova.

3rd place — Faculty of Economics: Anna Remus, Anastasia Turaeva, Darima Bayartueva, Daria Efimova, Sofia Nechaeva, Svetlana Ushakova, Ksenia Rekunova, Maria Kuminova, Sofia Rodenko and Elizaveta Karshakevich.

The Faculty of Mechanics and Mathematics took 4th place. From there, places were determined by goal difference.

We congratulate the winners and wish the Physics Department team good luck and success at the upcoming Faculty Festival among universities in the Novosibirsk Region!

We thank KafFV teachers Svetlana and Vladimir Krylov for the excellent organization of the tournament.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

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China recorded over 50 billion interregional passenger trips in January-September 2025.

Translation. Region: Russian Federation –

Source: People's Republic of China in Russian – People's Republic of China in Russian –

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Source: People's Republic of China – State Council News

BEIJING, Oct. 29 (Xinhua) — The number of interregional passenger trips across China increased by 3.1 percent year-on-year to 50.6 billion in the first nine months of 2025, according to data released by the Ministry of Transport on Wednesday.

During the reporting period, the country's total commercial cargo volume reached 43.25 billion tonnes, a 3.89 percent increase compared to the same period last year. Meanwhile, cargo throughput at Chinese ports reached 13.57 billion tonnes, a 4.6 percent increase year-on-year.

In January-September, fixed capital investment in the country's transport sector amounted to 2.6 trillion yuan (approximately 367 billion US dollars).

The ministry reported that the sector has maintained stable performance, gaining new momentum and further strengthening its resilience. -0-

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

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In the first three quarters of 2025, 10.57 million people were employed in Chinese cities and urban towns.

Translation. Region: Russian Federation –

Source: People's Republic of China in Russian – People's Republic of China in Russian –

An important disclaimer is at the bottom of this article.

Source: People's Republic of China – State Council News

BEIJING, Oct. 29 (Xinhua) — China's cities and towns created a total of 10.57 million new jobs in the first three quarters of 2025, accounting for 88 percent of the annual target, official data showed Wednesday.

In September, the unemployment rate, calculated based on sample surveys in cities and towns, was 5.2 percent, down 0.1 percentage points month-on-month, Cui Pengcheng, spokesman for the Ministry of Human Resources and Social Security, announced at a press conference.

Cui Pengcheng added that the country has stepped up efforts to maintain a stable labor market by accelerating the implementation of relevant employment support measures.

According to China's 2025 targets, the survey unemployment rate in cities and towns should remain at around 5.5 percent, with more than 12 million new jobs created in these categories of localities nationwide. -0-

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.