Turkish Aksa Enerji is intending to build two 470 MW and $300 million worth of power plants in the Tashkent region of Uzbekistan, the Energy Ministry reports. The stations are expected to generate 3.9 billion kilowatt-hours of electricity per year. The power plants are set to be built on 7 hectares of land in the…Details
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The first period for submitting applications to leave the second pension pillar ended on April 1 and those leaving would withdraw a total of almost EUR 1.3 billion. Significantly more people continue to collect pensions than the November 2020 survey of pollster Turu-uuringute AS showed. In November 2020, more than half, or 56%, of working-age…Details
Slower-than-expected vaccination of the population or emergence of new strains of COVID-19 virus could delay economic recovery until 2022 in the Kyrgyz Republic, statement by the International Monetary Fund following consultations with the Kyrgyz authorities says. It is noted that the global economic situation remains uncertain and serves as the basis for development of plans…Details
The State Aviation Administration of Ukraine has allowed Ukraine-based SkyUp Airlines to launch three new scheduled flights, namely Kyiv-Bodrum (Turkey), Kyiv-Helsinki (Finland) and Lviv-Baku (Azerbaijan). Relevant orders have been published on the agency’s website. The Kyiv-Bodrum flights will be performed three times a week, the Kyiv-Helsinki flights – four times a week and the Lviv-Baku…Details
JCB, the largest payment system of Japan, is entering the Ukrainian market, the National Bank of Ukraine (NBU) reports. “The National Bank of Ukraine has agreed on the terms and conditions for its activity in Ukraine. The international JCB Payment System will provide services of acquiring, cash disbursement and payment for goods and services by…Details
The Kyrgyz economy is expected to resume growth in 2021, but the degree of uncertainty remains high, the final statement of the staff of the International Monetary Fund following consultations with the authorities says. In case of absence of a new wave of the pandemic, the economy is projected to grow by 3.8% in 2021…Details
The number of lasting unemployed people or residents who are unable to find a job for 12 months or more is on a rise in Latvia, the State Employment Agency’s Customers Services Management and Development Office senior expert Andris Maskalovs has said. “An increase is observed for the total number. This tendency is expected to…Details