Pinsk-based clothing manufacturing and trading association Polesye has recently increased its exports to Kazakhstan and Russia through its schoolwear supplies, Sergei Kasperovich, head of the company’s export department, reported. About 35,000 back-to-school items produced in Pinsk will go to Russian regions this summer. Polesye school clothes are on sale in stores of Moscow, Saint Petersburg,…
PayPal is preparing to receive accreditation in Azerbaijan, a source in the country’s e-payment systems market reported. PayPal has already selected the bank that will represent its interests in Azerbaijan, according to the source. The bank’s name was not revealed. “The issue of PayPal’s accreditation is currently the subject of discussion of the sides: after…
The President of the Republic of Uzbekistan signed a decree to increase the wage of employees of budgetary institutions and organizations, pensions, stipends and grants on average 1.15 times (15%). The document comes into effect on October 1. According to the decree, the minimum wage rate on the territory of the Republic of Uzbekistan will…
Kyrgyzstan expects increase in investments in 2017, Deputy Prime Minister of Kyrgyzstan Oleg Pankratov announced. According to him, countries of EEU remain the main market outlet for Kyrgyzstan. Meanwhile, the Eurasian Economic Union makes republic attractive for investors. “We have open market of 180 million people in front of us. Of course, there was no…
Kazakh and Polish businessmen are going to sign bilateral deals worth $1 billion, the Head of State Nursultan Nazarbayev announced after the talks with his Polish counterpart Andrzej Duda in Warsaw, Poland. The businessmen will sign the contracts on August 23, during the Kazakh-Polish Business Forum. The Kazakh Leader noted that this was his third…
The activity of JSC “Uzeltehsanoat” over the years of independence, achievements and future plans were discussed at the briefing held in the capital. The participants, comprised of business leaders, members of the company, noted that if in 2005 the volume of production was some 80 billion soums, in the first half of 2016 this figure…
New contracts of Belarus’ leasing companies dropped 2.4 times YoY in January-June to Br270.7 million ($140.3 million) as of July 1. Belarus’ Association of Lease Providers posted these figures in its semiannual report. The total portfolio of lease contracts stood at Br2.367 billion ($1.227 billion) as of July 1, down by 3.5% since January 1.…