Gross international reserves of Kyrgyzstan are growing for the second month in a row. Such conclusions can be drawn from the statistics presented by the National Bank of Kyrgyzstan. In February international reserves amounted to $1,991.49 billion. In January, the increase in reserves amounted to $13.94 million despite the interventions of the National Bank on…Details
Kazakh production of refined and unrefined vegoils shrank to 24.6 KMT in January against 32.2 KMT a month earlier, Kazakhstan’s Statistics Agency reported.
Compared to January 2016, vegoil production gained 5.6%.
A total 325.3 KMT of vegoil was produced in 2016. (UkrAgroConsult/Business World Magazine)
Russia’s net private capital outflow increased by 6.3% YoY, to $5.1 billion in January-February, the central bank said in a statement.
In January-February 2016, Russia’s net private capital outflow stood at $4.8 billion. (Prime/Business World Magazine)
An expanded-participation meeting of the board of the Ministry of Foreign Affairs of Belarus reviewed the ministry’s performance in 2016, the press service of the ministry reported. The meeting gathered members of the government, representatives of the Belarus President Administration, the National Assembly, the National Bank, heads of the national government agencies, region executive committees…Details
During his trip to Bukhara region the president of Uzbekistan Shavkat Mirziyoyev inspected a number of projects aimed at improving the well-being of the population and creating new jobs. The head of state visited the Uzbek-Chinese joint venture Bukhara Brilliant Silk. The enterprise equipped with modern technology, on the basis of processing cocoons produces dozens…Details
Ukrainian airlines, according to data from the State Aviation Service, transported 1.235 million passengers in January-February, up by 51.9% YoY. According to a report on the agency’s website, international traffic grew by 55.2%, to 1.106 million people. Passenger flows through the airports of Ukraine increased by 37.4% and amounted to 1.949 million people, in particular…Details
The Economic Development and Trade Ministry has developed a set of documents aimed at the abolition of some regulations that create legal obstacles for business activities in Ukraine, Deputy Economic Development and Trade Minister Maksym Nefyodov has said at a government meeting on March 10. “We’ve development a large set of documents aimed at the…Details
Gazprom has postponed commissioning of the Baltic LNG liquefied natural gas (LNG) producing facility to 2022-2023 and may postpone the date further, it said in promo materials for its new bond issue on March 10. “We expect the Baltic LNG to be launched in 2022-2023 and may revise the inauguration date after the project documentation…Details
Azerbaijan’s Financial Market Supervisory Authority (FIMSA) has registered the additional issuance of shares of AtaBank OJSC in the total amount of 20 million manats, FIMSA said in a message on March 10. One million shares have been issued at a par value of 20 manats each. The shares will be placed via closed subscription. AtaBank…Details
State-run PrivatBank (Dnipro) has filed an application seeking to join the primary government domestic loan bond dealer list, PrivatBank Head Oleksandr Shlapak has said. “PrivatBank has not worked on the interbank market for two years. In January we placed funds on the interbank market, we buy and sell government domestic loan bonds. Now we have…Details
Minsk Tractor Works (MTZ trademark) plans to increase its exports by more than 10% as against 2016. The information is posted on the official website of the Belarusian Industry Ministry. The MTZ dealerships based in the European Union have recently held a conference in Vilnius. The event summed up the results of their work in…Details
The National Statistical Committee presented the results of the social and economic development of Kyrgyzstan for January-February. According to the committee, in the first two months of 2017, GDP amounted to almost 52 billion soms. In comparison with 2016, it grew by 5.4%. Without taking into account the enterprises developing Kumtor mine, the indicator is…Details
On March 9, the presidium meeting of the Bishkek City Council determined the date of the third session. It will be held on March 16. The provisional agenda includes seven issues, in particular the structure and staffing of the mayor’s office, amendments to the budget of 2016, a report on the work done by Bishkekgorlift.…Details
Minsk is ready to cooperate with Russian potash fertilizer producer Uralkali if the company respects interests of Belarus to the degree of “200%”. While hearing a report on operation of Belarusian Potash Company, or Belaruskali, the Belarus president Alexander Lukashenko said that representatives of Russia had repeatedly asked him to restore cooperation between Uralkali and…Details
The US Energy Information Administration (EIA) in its March short-term energy outlook has raised the forecast for the 2017 and 2018 oil output in Kazakhstan. The forecast for 2017 was increased to 1.88 million barrels per day as compared to 1.86 million in the previous report published in February. The forecast for 2018 rose to…Details