President of Turkmenistan Gurbanguly Berdimuhamedov signed a decree on reorganization of certain banks in the country, the Turkmen government said in a message. At a government meeting, the Turkmen president gave concrete instructions to the management of the country’s Central Bank. Also, a decree was signed on the transfer of rights and obligations on the…Details
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Ukraine has increased gas inventories in underground storage by 47.3% since the end of the heating season, according to operational data from Ukrtransgaz. The inventories amounted to 11.929 billion cubic meters on July 8, up from 8.1 billion cubic meters on March 22. The current inventories are up by 21.5% YoY (9.821 billion cubic meters),…Details
Over the past 4 months, trade turnover between Kazakhstan and Malaysia increased by 30% YoY. “Kazakhstan sees Malaysia as an important strategic, trade and economic partner among the countries of South-East Asia. I would like to note the positive dynamics of the bilateral trade and economic cooperation development. Foreign trade turnover between Kazakhstan and Malaysia…Details
The Central Bank of Uzbekistan has set new standards for managing current and instant liquidity of commercial banks, said the message posted on the bank’s website. The current liquidity ratio defined as the ratio of the amount of current assets (liquid assets and bank’s investments with a payment period of up to 30 calendar days,…Details
Britain’s Crown Agents is replacing a number of medicines supplied under the project of public procurement of medicines for oncology adults and children by the 2015 state budget, the agency has said in a press release. At present, Crown Agents replaced 2,800 out of 17,000 packages of Methotrexate to treat child oncology that was procured…Details
Ukraine boosted electricity exports by 59.5% YoY in January-June, to $136.4 million, according to Ukraine’s State Fiscal Service. Hungary accounted for 57.4% of electricity sales abroad, the share of Moldova was about 20.6% and that of Poland about 17.4%. In June Ukraine’s electricity exports to Hungary were estimated at $4.3 million, those to Poland at…Details
Slavkaliy will sell its products only via Belarusian Potash Company (BPC), Slavkaliy’s Chairman of the Board Mikhail Gutseriyev reported. When asked about possible cooperation with Uralkali, Mikhail Gutseriyev said: “We are going to work and sell only via Belarusian Potash Company. We are not going to compete with Belaruskali in any way.” According to Mikhail…Details