The Central Bank of Azerbaijan (CBA) sees the potential for further reduction of the discount rate, Chairman of the CBA Elman Rustamov declared. Rustamov said the monetary regulator (CBA) this year had done much in this direction. “Nevertheless, external risks have recently intensified, in particular, those related to volatility of the national currencies in a…
DetailsYildirim Holding, a Turkish company, plans to launch soda ash production in Zhambyl region. In December 2017 Head of State Nursultan Nazarbayev had a meeting with Robert Yuksel Yildirim, CEO at Yildirim Holding, at the EXPO Congress Center in Astana. The meeting participants discussed prospects for investment projects in the chemical industry of Kazakhstan. In…
DetailsIn parallel with late cereals and legumes harvesting Kiev region has begun sugar beet harvesting. As of September 13 in Kiev region agrarians started late cereals, legumes and technical crops harvesting, Kyiv Regional State Administration reported on its Facebook page. That 36.9 thousand tons of sugar beet have been harvested with the average yield of…
DetailsUkraine boosted exports of poultry meat and offal to 184,600 tons January through July, up by 8.9% YoY. Today Ukraine ranks 7th in terms of exports of broiler meat among the countries that sell this product abroad, the press service of Ukraine’s Ministry of Agrarian Policy and Food has said. The largest importers are Japan,…
DetailsDuring an extraordinary meeting, members of Ogre County Council supported creation of an egg and egg product plant in Madliena Parish, which had been picked by a Ukrainian investor as a location for the plant. The municipality has received an application from SIA Gallusman board chairman Arnis Veinbergs with information regarding the plans of Ukrainian…
DetailsMore than 3.3 million shipments weighing over 275,000 kilograms were processed in the transit center of Azerpost LLC and sent to 15 countries in the first seven months of 2018, Ministry of Transport, Communications and High Technologies reported. The postal operator delivered them to the U.S., Germany, Austria, Belarus, Great Britain, Czech Republic, France, Iran,…
DetailsSZAO BelGee intends to have increased car output up to 1,400 cars per month by the end of the year, the company’s Acting Director General Gennady Svidersky reported. At present BelGee makes 50 cars every eight-hour shift or 1,000 cars per month. The executive said: “From the point of sales we have to raise the…
DetailsThe National Bank of Ukraine (NBU) has reported how much foreign currency it gas sold to prop up the hryvnia, Ukraine’s national currency. The NBU’s forex sales on the country’s interbank forex market in August exceeded purchases by $621.3 million, the bank said on its official website. The central bank conducts forex interventions on the…
DetailsThe price of natural gas for industry and households in Ukraine is likely to grow after negotiations with the International Monetary Fund (IMF), Ukrainian Energy and Coal Industry Minister Ihor Nasalyk has said. “What will be the outcome of negotiations? The premier has already announced that we cannot conduct unconstructive talks with the IMF. There…
DetailsAzerbaijani President Ilham Aliyev has signed an order to provide funds for the construction of Bujag-Mukhas-Bash Dashagil road in Oghuz region. Under the presidential order, the Azerbaijan Highway State Agency is allocated 9.4 million manats for the construction of the road connecting four residential areas with a total population of 4,000 people. (AzerNews/Business World Magazine)
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