Kyrgyztelecom management stated that the company was deliberately hindered from development. The Chairman of the Board of Kyrgyztelecom JSC Emil Eshenaliev announced this at a press conference. According to him, the company has been working in noncompetitive environment for 15 years. It could not develop the Internet in Bishkek and Osh, nor have a cellular…
Kyrgyzstan will receive a loan to improve the efficiency of water and energy in the south of republic, the European Bank for Reconstruction and Development (EBRD) reported. The bank allocates $1 million. The money will be provided to micro-credit companies. And through it, ordinary citizens will receive credits for the installation of energy efficient windows…
Kyrgyzstan occupies the last place among EEU countries in Doing Business 2017. World Bank’s report was published the day before. Kazakhstan has the best indices among the countries of the Eurasian Economic Union. It occupies 35th place with 75.09 points. Kazakhstan is among the countries that have achieved the greatest success in the field of…
Kyrgyzstan takes 163rd place out of 190 in getting electricity rank in Doing Business 2017. This is stated in the World Bank report. The only indicator where Kyrgyzstan has received a positive assessment was “trading across borders”. Kyrgyzstan took 79th place here. Thanks to accession to EEU, Kyrgyzstan reduced the time for the export of…
Kazakhstan and Saudi Arabia signed more than 10 agreements worth over 60 billion tenge ($181.55 million) within the official visit of Kazakh President Nursultan Nazarbayev to Saudi Arabia on October 24- 25, the presidential press-service reported. At the briefing on the results of the visit Nazarbayev announced that the agreements had been signed in the…
According to the Minister of National Economy Kuandyk Bishimbayev, Kazakhstan’s economy grew by 0.4% in January-September. The inflow of foreign investment in Kazakhstan’s economy increased 4.4-fold YoY. “Net inflow of foreign investment amounted to $5.7 billion in the reporting period, which is a 4.4-fold increase versus the same period of last year, which was $1.3…
The European Bank for Reconstruction and Development (EBRD) and Kazakhstan’s national gas operator KazTransGas have agreed to join forces in supporting the country’s drive towards a green economy, the bank reported. According to a Memorandum of Understanding signed in Astana on October 26, the two partners will explore ways to promote energy efficiency in the…