Tajikistan’s central bank late last week announced it was pulling the licenses of two of its troubled banks and was trying to work out how to compensate account-holders. That decision, publicized on February 24, comes only weeks after the National Bank of Tajikistan (NBT) committed to spending tens of millions of dollars on refinancing the…Details
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“In 2016 Kyrgyzstan exported garment products valued at $95.5 million, or 7% of the total exports,” the head of the light industry department of the State Committee for Industry, Energy and Mining Fatima Sadamkulova said. In general Kyrgyzstan exported products valued at $1,268 billion. “Sewing industry occupies the third place in the economy of the…Details
The current season of 2016/2017 features a bumper soybean harvest in Ukraine, which is estimated by analysts at 4 MMT. At the same time, the crusher interest in soybeans is declining. The main reason is decreased domestic demand for soybean products, primarily soybean meal as a basis for poultry feed. Statistics show a downward trend…Details
LOT Polish Airlines has operated its first flight on the Warsaw-Kyiv-Warsaw route, Kyiv International Airport reports. “On February 27, the first flight operated by a strong Polish company, LOT Polish Airlines, departed from Kyiv International Airport to Warsaw. From now on, Warsaw-Kyiv-Warsaw direct flights will be operated six times a week,” the report states. The…Details
Belarusian construction companies will continue building public welfare homes in Venezuela. The plans were discussed when Ambassador Extraordinary and Plenipotentiary of Belarus to Venezuela Oleg Paferov met with Venezuelan Minister of Housing and Habitats Manuel Quevedo, the press service of the Belarusian Ministry of Foreign Affairs reported. During the meeting the sides discussed prospects of…Details
The International Bank of Tajikistan (IBT) has opened its banking service in Kulob. The IBT’s banking service center reportedly offers the following services to its customers: money transfer; currency exchange; loaning; deposit keeping; plastic card transactions; and so forth. The closed joint-stock company “International Bank of Tajikistan” was established in February 2016, as the microfinance…Details
The Ministry of Ecology and Natural Resources of Ukraine as of February 28, received 44 applications for the construction of solar power plants in the Chornobyl exclusion zone, minister Ostap Semerak said at the annual Ukrainian Energy Forum, organized by the Adam Smith Institute. “As of today we have 44 applications and the territories, which…Details