Directorate for Management of Issyk-Kul Development Fund plans to reconstruct the road on Kydyr-Ake Street in Karakol, state procurement portal says. Reconstruction will be carried out from Kuchukov highway to a filling station. At least 108.5 million soms were allocated for 1.5 km of the road. The project includes felling of 135 trees. Poplars with…
A chemical plant will start operating in Aktau in 2020. It will be built by Topan Chemical Industries. According to Gaisa Zhumaliyev, head of the company, the new factory will produce caustic soda and chlorine-containing products. The project value is $70 million. The plant is expected to be constructed in the Seaport Aktau Special Economic…
The Export Credit Agency (ECA) may start working in the fourth quarter of 2018 if its funding is increased by UAH 80 million. “We need UAH 80 million more to take legal and organizational measures needed to launch the agency. For the last six months we have been insisting on the stipulation of the indicated…
The National Bank of Ukraine (NBU) is mulling over change in its monetary policy, admitting a possible lack of liquidity in the banking sector in 2019. “Besides the current decision on the key policy rate, the NBU Monetary Policy Committee (MPC) members also discussed potential needs in further modification of the operational design of the…
Latvian airline airBaltic has carried 2,770,047 more passengers to destinations in Europe, Scandinavia, Russia, CIS and the Middle East in the first eight months of 2018. In August airBaltic carried 440,562 passengers, up by 14% YoY. In addition to that, airBaltic carried 18% more passengers in this year’s summer season than last year, setting a…
In January-August the output of machinery and equipment, other vehicles, cars, trailers and semi-trailers amounted to 209.6 million manats, the State Statistics Committee of Azerbaijan said in a message on September 18. Compared with the same period last year, car production grew 32-fold, machinery and equipment production by 16%, while the production of other vehicles…
The cost of bread has been reduced in Uzbekistan since September 17. The cost of a loaf of bread decreased from 1,200 soums to 1,050 soums. Earlier, since September 15 the cost of a loaf of bread has almost doubled from 650 to 1,200 soums, which caused discontent among the citizens. Such price fluctuations are…