Real per capita income falls by 24 percent in Tajikistan — survey

DUSHANBE (TCA) — During the period of November 2015-March 2016, average per capita real income in Tajikistan fell across all subgroups (urban, rural, bottom 40 percent, and top 60 percent of the population), resulting primarily from declining remittances, and reduced self-employment and agricultural income over the winter season, according to the World Bank Listening2Tajikistan Survey of Wellbeing. Since November 2015, average real per capita income fell by about 24 percent, but climbed slightly for the bottom 40 percent of the population between January and March.

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Times of Central Asia

Mining blues in Kyrgyzstan: Kumtor, Centerra once more targeted

BISHKEK (TCA) — This time the clash between Kyrgyzstan’s authorities and the operator of the country’s largest gold mine and core moneymaker Kumtor Gold seems to be more serious than previous ones. At stake is close to $200 million in dividends paid by Kumtor to its parent company in Canada back in early 2013 and withheld by the latter to its shareholders citing a “charge” for “de-recognition” of mining assets during the summer of the previous year. Perfectly legal, the mining company argues. A corporate kickback in the eyes of the Kyrgyz prosecutors, though.

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A Kazakh food store in Moscow (Kazakh Embassy photo)

Kazakh food store opens in Moscow

MOSCOW (TCA) — On May 3, with the support from Kazakhstan’s Embassy and Trade Representative Office in Russia, a store of Kazakhstan’s food products opened in downtown Moscow. It is a fifth outlet of the Baursak retail chain, the Kazakh Embassy said.   

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Kazakhstan to export wine to China, Russia and Europe

ASTANA (TCA) — Kazakhstan’s company Arba Wine is planning to export its quality wines to China, Russia, Europe, and the United States. The company currently produces up to 300 thousand bottles of red and white dry wine per year, according to Kazakhstan’s national export and investment promotion agency KAZNEX INVEST.

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Times of Central Asia