Saudi Arabia will award a $200 million grant to Tajikistan for construction of parliamentary and governmental complexes in Dushanbe, a source in the Tajik government reported. A new parliamentary complex will be built in the place where the Ministry of Agriculture, Dushanbe Mayor’s Office, Iranian Embassy and a number of residential and administrative buildings are…
Turkmenistan is building a new seaport on the Caspian Sea in the city of Garabogaz, the country’s Deputy Prime Minister for Industry Batyr Ereshov said at a government meeting. Chemical products are planned to be exported through the new seaport. The construction of a modern port facility in Garabogaz in the place of the old…
The open joint stock company Belsolod is expanding its presence on the markets of Southeast Asia, the company’s director general Sergei Gorbatsevich declared. “The Belarusian president set a goal to diversify sales markets. We have met this goal. Today we are advancing into new markets such as Vietnam, Laos, Cambodia, and Malaysia. We have already…
Fitch Ratings has affirmed Ukraine’s Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at ‘B-‘ with a Stable Outlook. This is stated in the agency’s press release. “We forecast Ukraine’s GDP growth to decelerate to 2% in 2017 before picking up to 3% in 2018 on the back of improving consumer demand and investment,” the…
Alfa-Bank (Kyiv) in January-March received UAH 6.876 million of net profit against UAH 536.849 million of net loss for the same period in 2016. According to a bank financial report released on its website, its net interest income in the reporting period increased 2.63-fold, to UAH 653.827 million. Excluding expenses for the formation of reserves,…
Compared to March 2016, total retail trade turnover in Latvia rose by 1.5% in March 2017. Turnover of retail trade in food products declined by 0.8%, whereas turnover of retail trade in non-food products grew by 3.3%. The most significant turnover growth in the non-food product group was recorded in retail sale of information and…
Belarus has reduced beer imports 5-fold in the past two years, Chairman of Belgospishcheprom Concern Alexander Zabello said. “I cannot say that the domestic brewing industry makes no headway. Yes, the sales are shrinking a bit, but we do not have a 10-15% slump as the neighboring countries are registering. Beer exports have reduced 5-fold…