IFG News Digest – latest business news from Uzbekistan, December 20, 2018

Central Bank published draft law on payments and electronic money in Uzbekistan; EBRD supports expansion of ABNMB Group in Uzbekistan; Five start-up initiatives received 40 million soums for project development; Indian “Synthite Industries” to grow, process peppers in Uzbekistan; A delegation of Canadian oil workers to visit Uzbekistan; Reserves of Uzbekistan increased in gold, but…

IFG News Digest – latest business news from Uzbekistan, December 18, 2018

German Investment Corporation DEG allocated 3 million euros to “Ipak Yuli” Bank; Uzbekistan simplified transit of goods through its territory; Uzbekistan expressed its willingness to invite the Dutch airline KLM to the country; The issue of government securities will be continued in December; City Wi-Fi network has been launched in Tashkent; WindEurope wonders why Uzbekistan…

IFG News Digest – latest business news from Uzbekistan, December 12, 2018

Uzbekistan-Based Turkiston Bank Ratings Lowered to ‘CCC+/C’; Uzbekistan-Based Ravnaq-bank ‘CCC+/C’ ratings put on CreditWatch; The first in the country fintech-lab was announced in Tashkent; Uzbekistan intends to increase FDI attraction to $4,1 billion by 2022; Taxpayers will be certified only once in three years; Kokand Mechanical Plant shares subscription launched as part of the country’s…

IFG News Digest – latest business news from Uzbekistan, December 10, 2018

Rising Hongfa Heavy Machinery plans to implement investment projects in Uzbekistan; American Healthcare Investment Group Signs Trust Agreement for Dori-Darmon; Kazakhstan Kolesa Group enters the market of Uzbekistan; India will help Uzbekistan to organize the production of smartphones; Russia, Uzbekistan, Kazakhstan, Afghanistan and Pakistan will create a financial consortium for the construction of a new…