Tajikistan: Dushanbe bus terminal awaiting permission to operate services to Uzbekistan

Dushanbe bus terminal, Asian Express Terminal, is waiting for answer to its proposal to re-launch bus routes between Tajikistan and Uzbekistan. Deputy Director General of the Closed Joint Stock Company (CJSC) Holding Asia Group Tajikistan Sulton Kamolov says they have already discussed this issue with representatives of the Uzbek Embassy in Dushanbe. “They have expressed…

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Azerbaijan: S&P expects Kapital Bank’s market share to increase

Standard & Poor’s (S&P) Global Ratings expects that Azerbaijan’s Kapital Bank OJSC will likely increase its already material market share, while its operating revenues continue increasing progressively and its profitability remains high, according to an S&P report. S&P confirmed the credit rating of the Azerbaijani bank at BB-/B level with a negative outlook. Meanwhile, the…

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Turkmenistan to keep benefits only for socially vulnerable people

President of Turkmenistan Gurbanguly Berdymukhamedov, noting that the system of benefits in the country has become completely ineffective, instructed to prepare proposals for cancellation of all benefits. Berdymukhamedov was addressing a meeting with the leadership of the Turkmen banking and financial sectors. “Benefits should be provided not to anybody, but only to those who really…

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