The Central Asian countries are continuing improving their economic situation to facilitate foreign business partners to do their business in the region, recent World Bank Group’s annual Doing Business 2018 said. According to the report, Uzbekistan, of all the Central Asian states, boasts the most improved economy and made the top ten list of "most improved economies in the world in 2016-17".
Tajik police detained a prominent businessman, leaving room for the president’s son-in-law.
rferl.org: Kyrgyzstan's government has adopted a resolution aimed at assisting businesses and entrepreneurs who have suffered financial losses due to delays at the Kyrgyz-Kazakh border.
More than 200,000 people in the Kyrgyz Republic will benefit from the improved efficiency and quality of heating during cold winter months, thanks to the Heat Supply Improvement Project, approved today by the World Bank’s Board of Executive Directors. The project will be financed by the combination of a US $23 million credit and a US $23 million grant.
Recently Kaktus Media, a Bishkek-based news outlet, compiled a map of the countries, outgoing President of Kyrgyzstan Almazbek Atambayev had insulted during his presidency.
URGENCH, Uzbekistan — Muhammad Bekjanov, often called the world’s longest-imprisoned journalist, did 18 years of hard time in some of Uzbekistan’s most notorious prisons, with nicknames like “Goodbye to Youth.” He was a writer with never much hope for a happy ending to his own story.
Condemned businessman Muratkhan Tokmadi made a sensational statement. In the second part of the film His name was Murka, filmed by KTK television channel, he confessed he murdered banker Yerzhan Tatishev. The Glass King, as he is referred to, said that the murder of the former head of Bank TuranAlem (also known as the BTA Bank) was ordered by Mukhtar Ablyazov.
True friends and partners of Aktobe businessman Askar Kupesov, who asked for political asylum in Europe, do not speak of him kindly. Asking political asylum in Poland, Kupesov said that in Kazakhstan officials want to unreasonably charge with a crime and torture him.
Times of Central Asia: Business associations of Kyrgyzstan on October 20 urged domestic cargo carriers to refrain from crossing the Kyrgyz-Kazakh border in order not to increase the queues at checkpoints.
In Kazakhstan, extreme poverty has been virtually eradicated, while the middle-class has grown to around 20% of the population. The Kyrgyz Republic and Tajikistan have managed to halve their rates of poverty over the past decade and are continuing to make progress. In Uzbekistan and Turkmenistan, poverty is now mostly a rural phenomenon. These hard-earned success stories are a testament to what can be accomplished when the benefits of economic growth are shared more broadly across society.