Finance and Investment

25.07.2024

FDI inflows in Kyrgyzstan increase by 17.2% and amount to $200.3 million in January-March

The inflow of foreign direct investment in January-March 2024 increased by 17.2% compared to the same period in 2023 and amounted to 200.3 million US dollar. This is stated in the materials of the National Statistical Committee.

At the same time, the inflow exceeded the outflow level by $100.1 million.

In the...

The inflow of foreign direct investment in January-March 2024 increased by 17.2% compared to the same period in 2023 and amounted to 200.3 million US dollar. This is stated in the materials of the National Statistical Committee.

At the same time, the inflow exceeded the outflow level by $100.1 million.

In the...

25.07.2024

Turkiye and Kyrgyzstan continue to work in field of e-commerce

The Trade Representative of Kyrgyzstan in Turkiye, Chyngyz Toktobekov, held a meeting with the Director General of the General Directorate of the Turkish Postal and Telegraph Organisation (PTT), Hakan Cevikoglu, to discuss further cooperation in the field of e-commerce and logistics.

During the meeting, Toktobekov proposed to organise a regular meeting...

The Trade Representative of Kyrgyzstan in Turkiye, Chyngyz Toktobekov, held a meeting with the Director General of the General Directorate of the Turkish Postal and Telegraph Organisation (PTT), Hakan Cevikoglu, to discuss further cooperation in the field of e-commerce and logistics.

During the meeting, Toktobekov proposed to organise a regular meeting...

25.07.2024

Kyrgyz entrepreneurs issue electronic invoices for almost 950 billion som

In the six months of this year, business entities issued more than 9.3 million electronic invoices (e-invoices) for a total turnover of 947.6 billion som. This became known during a press conference dedicated to the results of the work of the State Tax Service.

Since the beginning of the implementation of...

In the six months of this year, business entities issued more than 9.3 million electronic invoices (e-invoices) for a total turnover of 947.6 billion som. This became known during a press conference dedicated to the results of the work of the State Tax Service.

Since the beginning of the implementation of...

25.07.2024

Retreating greenback drags stock markets along

The dollar sank to a two-month low against the yen on Wednesday. This decline comes as investors unwound short-yen carry trades ahead of the Bank of Japan's forthcoming meeting, anticipating a hawkish move towards removing monetary stimulus. The yen hit its highest level against the euro since mid-May.

The dollar index,...

The dollar sank to a two-month low against the yen on Wednesday. This decline comes as investors unwound short-yen carry trades ahead of the Bank of Japan's forthcoming meeting, anticipating a hawkish move towards removing monetary stimulus. The yen hit its highest level against the euro since mid-May.

The dollar index,...

24.07.2024

Kyrgyzstan has infrastructure for development of Islamic securities

Islamic securities have a great potential for development in Kyrgyzstan. This was announced by the head of the Department of Sustainable Development of the KSE Irina Ivanova on the radio.

According to him, Islamic securities include green sukuk [sukuk is an Islamic financial certificate, the so-called equivalent of a bond of the Western financial system], which is an Islamic bond and includes criteria for financing environmental projects.

"Islamic finance is more developed in Arab countries, but we are...

Islamic securities have a great potential for development in Kyrgyzstan. This was announced by the head of the Department of Sustainable Development of the KSE Irina Ivanova on the radio.

According to him, Islamic securities include green sukuk [sukuk is an Islamic financial certificate, the so-called equivalent of a bond of the Western financial system], which is an Islamic bond and includes criteria for financing environmental projects.

"Islamic finance is more developed in Arab countries, but we are...


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