Issue 1962 - 26.11.2025
26.11.2025

Russian President Vladimir Putin arrives in Kyrgyzstan for state visit

President of Russia Vladimir Putin arrives in Kyrgyzstan, on November 25, for a state visit.

According to the KR Presidential Administration, President Sadyr Zhaparov meets the high-ranking guest at Manas International Airport.

The flags of the two countries are hung on the flagpoles, a red carpet is laid out, and a company of the guard of honour is lined up.

National yurts are also set up on the apron, and ethno-warriors demonstrate elements of nomadic culture with hunting birds and Taigans.

A short concert program follows for the heads of state, with Kyrgyz artists performing musical compositions of the two nations.

During the state visit, the leaders of Kyrgyzstan and Russia discuss topical issues on the bilateral agenda tomorrow, November 26, and prospects for further strengthening cooperation in the spirit of strategic partnership. A number of bilateral documents are also planned for signing.

Reported by Kabar (Kyrgyzstan).

Kyrgyzstan General

26.11.2025

Kyrgyzstan, Austria plan cooperation in artificial intelligence, information technology sectors

The first meeting of the Kyrgyz–Austrian Joint Working Group takes place in Bishkek, reports the Ministry of Digital Development and Innovation Technologies.

The Austrian delegation is led by Andreas Reichhardt, Deputy Minister of the Federal Ministry of Finance.

The meeting discusses issues of artificial intelligence (AI), innovative technologies, telecommunications regulation, and the development of data processing centres.

As part of the program,...

The first meeting of the Kyrgyz–Austrian Joint Working Group takes place in Bishkek, reports the Ministry of Digital Development and Innovation Technologies.

The Austrian delegation is led by Andreas Reichhardt, Deputy Minister of the Federal Ministry of Finance.

The meeting discusses issues of artificial intelligence (AI), innovative technologies, telecommunications regulation, and the development of data processing centres.

As part of the program,...

26.11.2025

Meeting with business representatives in Belarus–Kyrgyzstan format takes place in Minsk

A meeting between Erbol Sultanbaev, Ambassador of Kyrgyzstan to Belarus, and Belarusian business people takes place in Minsk as part of Entrepreneurship Week.

According to the Ministry of Foreign Affairs press service, the event is organised to expand Kyrgyz–Belarusian trade and economic cooperation and establish direct contacts between the business circles of the two countries.

The meeting is attended by members of parliament and...

A meeting between Erbol Sultanbaev, Ambassador of Kyrgyzstan to Belarus, and Belarusian business people takes place in Minsk as part of Entrepreneurship Week.

According to the Ministry of Foreign Affairs press service, the event is organised to expand Kyrgyz–Belarusian trade and economic cooperation and establish direct contacts between the business circles of the two countries.

The meeting is attended by members of parliament and...

26.11.2025

Collective Security Treaty Organisation leaders meet in Bishkek

Sadyr Zhaparov, President of Kyrgyzstan and Chairman of the Collective Security Council of the Collective Security Treaty Organisation (CSTO), will hold the next meeting of the Council in Bishkek, says Sagynbek Abdumutalip, Head of the Foreign Policy Department of the KR Presidential Administration.

“The event takes place on November 26–27, 2025, in the city of Bishkek and becomes the key event of the...

Sadyr Zhaparov, President of Kyrgyzstan and Chairman of the Collective Security Council of the Collective Security Treaty Organisation (CSTO), will hold the next meeting of the Council in Bishkek, says Sagynbek Abdumutalip, Head of the Foreign Policy Department of the KR Presidential Administration.

“The event takes place on November 26–27, 2025, in the city of Bishkek and becomes the key event of the...

Finance and Investment

26.11.2025

Entrepreneurship Development Fund starts issuing loans to women entrepreneurs at 12 per cent per annum

The Entrepreneurship Development Fund starts issuing loans to women entrepreneurs at 12% per annum.

According to the press service of the department, women working in the production and service sectors, as well as legal entities with at least 50% women founders, can receive financing.

The money is aimed at supporting entrepreneurship in the regions, so loans at this...

The Entrepreneurship Development Fund starts issuing loans to women entrepreneurs at 12% per annum.

According to the press service of the department, women working in the production and service sectors, as well as legal entities with at least 50% women founders, can receive financing.

The money is aimed at supporting entrepreneurship in the regions, so loans at this...

26.11.2025

Commercial banks acquire $14.15 million in interbank trading

On November 24, commercial banks acquire $14.15 million in interbank trading. Of this amount, $6.5 million in currency is bought with 'same-day' settlements, and another $7.65 million is bought with deferred settlement.

The cost of the currency remains at the level of 87.45 Som per dollar at the opening and closing of trading.

A similar situation is observed last week. From November 17 to 21, the...

On November 24, commercial banks acquire $14.15 million in interbank trading. Of this amount, $6.5 million in currency is bought with 'same-day' settlements, and another $7.65 million is bought with deferred settlement.

The cost of the currency remains at the level of 87.45 Som per dollar at the opening and closing of trading.

A similar situation is observed last week. From November 17 to 21, the...

26.11.2025

Bank of Asia fully redeems first gender bonds issue

Bank of Asia announces the full redemption of its first issue of registered gender bonds. Their circulation period ends in accordance with the issuance terms.

As part of its sustainable development strategy, Bank of Asia plans to place 82 thousand bonds with a yield of 12% and a circulation period of three years. The par value of one...

Bank of Asia announces the full redemption of its first issue of registered gender bonds. Their circulation period ends in accordance with the issuance terms.

As part of its sustainable development strategy, Bank of Asia plans to place 82 thousand bonds with a yield of 12% and a circulation period of three years. The par value of one...

26.11.2025

Foreign biotechnology company, with Kyrgyz Ministry of Finance among founders, increases capital

The MedVetCity+ Centre for the Development and Implementation of Innovative Technologies holds an extraordinary meeting on November 12. The main issue on the agenda is the increase of the authorised capital.

The Ministry of Finance of the Republic is also listed among the founders of the company.

The key decision of the meeting is the approval of...

The MedVetCity+ Centre for the Development and Implementation of Innovative Technologies holds an extraordinary meeting on November 12. The main issue on the agenda is the increase of the authorised capital.

The Ministry of Finance of the Republic is also listed among the founders of the company.

The key decision of the meeting is the approval of...

Metals and Minerals

26.11.2025

Gold market tries to recover after last week fluctuations

The market for measured gold bars in Kyrgyzstan shows a gradual recovery after a volatile week. On November 25, both the buyback and selling prices for an ounce increase compared to the previous day, but remain noticeably lower than last week’s peaks.

Today, November 25, the price of an ounce for buyback is 359 thousand 529...

The market for measured gold bars in Kyrgyzstan shows a gradual recovery after a volatile week. On November 25, both the buyback and selling prices for an ounce increase compared to the previous day, but remain noticeably lower than last week’s peaks.

Today, November 25, the price of an ounce for buyback is 359 thousand 529...

Energy Industry

26.11.2025

General contractor for reconstruction of Lebedinovskaia Hydroelectric Power Plant project determined

Chakan HES Open Joint-Stock Company completes the selection procedure for the general contractor for the Lebedinovskaia Hydroelectric Power Plant (HPP) reconstruction project, reports the Ministry of Energy of the KR.

The opening of the final stage of the tender takes place, the evaluation is completed, and it is sent to the bank for approval. The...

Chakan HES Open Joint-Stock Company completes the selection procedure for the general contractor for the Lebedinovskaia Hydroelectric Power Plant (HPP) reconstruction project, reports the Ministry of Energy of the KR.

The opening of the final stage of the tender takes place, the evaluation is completed, and it is sent to the bank for approval. The...

Agriculture

26.11.2025

Kyrgyzstan introduces innovation in seed sowing method for farmers

An innovative seed sowing method, whose effectiveness is confirmed by many years of practice, is introduced in Kyrgyzstan for the first time, says Nurdin Dovletov, Head of the Department for Interaction with Regions and Land Resources of the Ministry of Water Resources, Agriculture and Processing Industry.

He says the new method significantly reduces the consumption...

An innovative seed sowing method, whose effectiveness is confirmed by many years of practice, is introduced in Kyrgyzstan for the first time, says Nurdin Dovletov, Head of the Department for Interaction with Regions and Land Resources of the Ministry of Water Resources, Agriculture and Processing Industry.

He says the new method significantly reduces the consumption...

26.11.2025

Ministry of Agriculture urges trout exporters undergo necessary procedures

Due to growing interest from foreign markets, particularly Russia, the Ministry of Water Resources, Agriculture and Processing Industry of the KR urges all entities planning trout export to contact the department’s relevant structures in advance for consultation and completion of the necessary procedures.

It is specified that timely interaction with the ministry ensures...

Due to growing interest from foreign markets, particularly Russia, the Ministry of Water Resources, Agriculture and Processing Industry of the KR urges all entities planning trout export to contact the department’s relevant structures in advance for consultation and completion of the necessary procedures.

It is specified that timely interaction with the ministry ensures...

Manufacturing industry

26.11.2025

Tender announced for water supply construction in Kamysh-Bashy village

The State Institution for Capital Construction of Drinking Water Supply Facilities opens a procurement for 28.1 million Som to provide water to the residents of Kamysh–Bashy.

The State Institution 'Department of Capital Construction of Drinking Water Supply and Sanitation Facilities'announces the start of procurement for the construction of a water supply system in the village of Kamysh–Bashy in the Kyzyl–Ozgoryush...

The State Institution for Capital Construction of Drinking Water Supply Facilities opens a procurement for 28.1 million Som to provide water to the residents of Kamysh–Bashy.

The State Institution 'Department of Capital Construction of Drinking Water Supply and Sanitation Facilities'announces the start of procurement for the construction of a water supply system in the village of Kamysh–Bashy in the Kyzyl–Ozgoryush...

Pharmaceutical and Healthcare News

26.11.2025

Kyrgyzpharmacy, United Nations Development Programme cooperate in medicine procurement, logistics

The State Enterprise Kyrgyzpharmacy holds a working meeting with representatives of the United Nations Development Programme (UNDP) in Kyrgyzstan.

The parties discuss opportunities for cooperation in the centralised procurement of medicines and medical products, including through UNDP's international catalogues. Separate attention is paid to the issues of digitalisation, logistics, and the application of sustainable procurement standards.

Following the meeting,...

The State Enterprise Kyrgyzpharmacy holds a working meeting with representatives of the United Nations Development Programme (UNDP) in Kyrgyzstan.

The parties discuss opportunities for cooperation in the centralised procurement of medicines and medical products, including through UNDP's international catalogues. Separate attention is paid to the issues of digitalisation, logistics, and the application of sustainable procurement standards.

Following the meeting,...

Regional News

26.11.2025

Central Asia’s retail trade forecast to exceed $100 billion in 2025

Retail trade in Central Asian countries is reaching a new symbolic level. In 2025, the total retail turnover of Kazakhstan, Uzbekistan, Kyrgyzstan, Tajikistan, and Turkmenistan will exceed the $100 billion mark for the first time.

Growth is driven by the expansion of domestic demand, an increase in population, and the active development of trade infrastructure in the region's largest cities.

In 2025, the dynamics of retail turnover by...

Retail trade in Central Asian countries is reaching a new symbolic level. In 2025, the total retail turnover of Kazakhstan, Uzbekistan, Kyrgyzstan, Tajikistan, and Turkmenistan will exceed the $100 billion mark for the first time.

Growth is driven by the expansion of domestic demand, an increase in population, and the active development of trade infrastructure in the region's largest cities.

In 2025, the dynamics of retail turnover by...

26.11.2025

Russian bank temporarily suspended from fuel trading

The St. Petersburg Exchange applied the maximum regulatory measure consisting of a ten-session trading suspension to a bank-trader, a Sovcombank subsidiary, for the first time in its regulatory history. The decision was made due to the mass purchase of petroleum products on a single basis, with the volume exceeding the set limit. The trading...

The St. Petersburg Exchange applied the maximum regulatory measure consisting of a ten-session trading suspension to a bank-trader, a Sovcombank subsidiary, for the first time in its regulatory history. The decision was made due to the mass purchase of petroleum products on a single basis, with the volume exceeding the set limit. The trading...

26.11.2025

Russian exports rise on gold and fertilisers

Analysts from the Centre for Economic Forecasting of Gazprombank (CEP GPB), using data from the Centre for Price Indices (CPI), segregated Russia's oil and gas export indicators from other exports. Overall, Russia's export revenues remain stable at an average of $34 billion per month after nine months of 2025, despite falling oil prices.

While...

Analysts from the Centre for Economic Forecasting of Gazprombank (CEP GPB), using data from the Centre for Price Indices (CPI), segregated Russia's oil and gas export indicators from other exports. Overall, Russia's export revenues remain stable at an average of $34 billion per month after nine months of 2025, despite falling oil prices.

While...

26.11.2025

Russian creditors transfer record overdue debts to collection agencies in 2025

Over nine months of 2025, creditors transferred 1.2 trillion rouble to collection agencies under an agency scheme. This volume surpasses the amount for each full year from 2020 to 2024. Market participants anticipate record levels in the fourth quarter as well. High interest rates are making debt refinancing difficult.

The National Association of Professional...

Over nine months of 2025, creditors transferred 1.2 trillion rouble to collection agencies under an agency scheme. This volume surpasses the amount for each full year from 2020 to 2024. Market participants anticipate record levels in the fourth quarter as well. High interest rates are making debt refinancing difficult.

The National Association of Professional...