Ministry of Economy of Kyrgyzstan has agreed to revise the country’s Tax Code after criticism of businessmen. Minister of Economy Arzybek Kozhoshev said that the Tax Code had technical errors. In 2015, a group was formed, which worked on a new version of the Tax Code. The Ministry of Economy noted that the current version…
DetailsAshgabat hosted the next meeting of the Interstate Commission for Water Coordination (ICWC) of Central Asia. The ICWC is the body of five governments, which entrusted direct functions of water resources management and development and maintenance of sustainable natural and hydro ecological processes on transboundary water resources to the ministries (State Committees, Departments) of water…
DetailsThe government of Japan in 2017 intends to allocate about $290,000 on projects of donor organizations in the sphere of medicine and health education in Ukraine. “We are happy to sign these five project proposals, four of which involve medicine, and one health education. It is very important for Ukraine,” Japan’s ambassador to Ukraine Shigeki…
DetailsIn 2016/2017 MY the export potential of Ukrainian feed corn will total nearly 18 million tons, up by 9% YoY. At the same time, in October 2016 Ukraine exported over 1.35 million tones of corn, which became the absolute record for the reporting month. But due to the record global production of corn, as well…
DetailsIn 2016 the imports of wheat to Tajikistan totaled over 1.34 million tons, up by 16.9% YoY. Kazakhstan was the main country-supplier of wheat, the Head of the Antimonopoly service at the Government of Tajikistan Sajdi Kodirzoda said. Also, in the reporting period Tajikistan imported nearly 88.8 thousand tons of flour (the average price totaled…
DetailsIn January Ukraine’s wholesale and retail sugar prices increased by 5.5% on average, and now they are ranging between UAH 14.10 and UAH 14.50 per kilogram. The increase in sugar prices was caused by growing prices on the global market. This has been reported by the press service of Ukrtsukor National Association of Sugar Producers…
DetailsPJSC Ukrzaliznytsia should in 2017 complete the separation of individual directions in the company’s activities, as well as introduce European standards of corporate governance, the head of the company supervisory board, First Deputy Minister of Infrastructure Yevhen Kravtsov said. “In 2016 the company’s management focused on stabilization of management processes in the company. The supervisory…
DetailsRussian banks share in Kazakhstan’s banking sector is decreasing, Kazakh Finprom.kz analytical center said in a message. The share of Russian banks in the deposit portfolio of Kazakh banking sector decreased from 10.8% to 8.1% in November 2015 – November 2016, in loan portfolio – from 9.6% to 8.1%. This reduction mainly resulted from the…
DetailsBusiness circles of Uzbekistan and Ukraine signed bilateral agreements in the diplomatic mission of Uzbekistan in Kiev, aimed at increasing the volume of exports of the Uzbek producers. In particular, representatives of JSC Uzsanoateksport and JSC Uztadbirkoreksport signed agreements for a total amount of $7.05 million on the export of products of domestic manufacturers, namely…
DetailsProfit of gold refinery of Kyrgyzaltyn JSC in Kara-Balta on the results of 2016 has grown by half. Profit of the refinery in 2016 amounted to 132.5 million soms, up by 84.1 million soms YoY. In 2012-2015, profit of the gold refinery did not exceed 80 million soms. Volume of refinery’s output also increased by…
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