Grodno authorities are making preparations to convert the state-owned Hotel Belarus into an open joint stock company and sell a stake to an investor, Grodno Regional administration said. Built in 1968, Hotel Belarus is an 8-storied building with 242 rooms. The hotel is located in the city center. Earlier Lithuania’s Arvi Group considered buying the…
Proposals have been brought forward to cancel more than 40 administrative procedures for businesses, the press service of the Belarusian Economy Ministry reported. A working group for the simplification of administrative procedures was set up under the Prime Minister’s instruction. The minutes of the meeting of the working group held on April 27, read that…
ASB Leasing Ltd, the leasing arm of OAO Belarusbank, has reduced the interest rate for lease purchases of dwellings by individuals by 4% to 21% per annum. Apartments and single-family houses can be purchased on a lease scheme with a maximum period of 15 years. A down payment is required to cover at least 20%…
Kyrgyzstan plans to expand the range of investment projects, the Prime Minister Sooronbay Jeenbekov announced at the meeting of Coordination Council on Macroeconomic and Investment Policy. According to him, amid the economic crisis, limited resources, and reduction in the traditional markets, the country needs to take a number of measures that will help to create…
Kazakhstan is concerned about the state of foreign businesses in the country, and is ready to create favorable conditions for them, the Minister of Foreign Affairs of Kazakhstan Erlan Idrissov said at a briefing for foreign diplomatic corps in Astana on. Commenting on the amendments to the tax laws of the country, Idrissov noted that…
The China-Belarus industrial park Great Stone and the Suzhou industrial park have signed a cooperation agreement, the press service of the Belarusian Ministry of Foreign Affairs reported. The agreement was signed in conclusion of the second session of the Belarusian-Chinese commission on trade and economic cooperation as well as the eighth session of the working…
Issues related to expansion of economic cooperation between Tajikistan and Afghanistan were discussed at a roundtable entitled “Commercial Opportunities of Tajikistan and Afghanistan” that took place in Dushanbe on August 16. The meeting brought together representatives of relevant bodies of Tajikistan, Afghan Embassy in Dushanbe, international organizations active in Tajikistan, as well as Tajik and…