Page 1909 – The Times Of Central Asia

17 Jan 2016

Tourism in Central Asia: telling it all in figures

January 17, 2016
By Douglas Green

LONDON (TCA) — Study material publicised over summer last year by the World Travel & Tourism Council on the development of Central Asia’s tourism sector shows disappointing figures in terms of the contribution from the sector to the region’s overall economic development. Opening up the area for larger numbers of tourists would make transportation and accommodation cheaper, and the destination, which has many interesting things to offer, more competitive.

16 Jan 2016

NEWS

State Mortgage Company starts operating in Kyrgyzstan

January 16, 2016
By Maria Levina

BISHKEK (TCA) — The Government of Kyrgyzstan has developed an affordable housing program until 2020 for public-sector employees.

16 Jan 2016

NEWS

EBRD investment in Central Asia reaches record €1.4 billion in 2015

January 16, 2016
By TCA

BISHKEK (TCA) — The European Bank for Reconstruction and Development (EBRD) invested a record amount in the Central Asian region in 2015. Last year’s total investment rose 75 per cent to €1.402 billion from €803 million, in 82 different transactions following 71 projects in 2014. This brings the total EBRD financing in Central Asia to just over €10 billion, the Bank said.

16 Jan 2016

NEWS

China becomes EBRD member

January 16, 2016
By TCA

BISHKEK (TCA) — China has become the 67th member of the European Bank for Reconstruction and Development. Following the completion of all the formalities, the announcement was made after a meeting between the EBRD President Sir Suma Chakrabarti and Chinese Premier Li Keqiang in Beijing on January 15, the EBRD press office said.

15 Jan 2016

NEWS

Organic food can become priority export niche for Kazakhstan

January 15, 2016
By TCA

ASTANA (TCA) — Organic food can become a priority export niche for Kazakhstan, the country’s Minister for Investment and Development Asset Issekeshev said, the official website of the Prime Minister of Kazakhstan reported.

15 Jan 2016

NEWS

Kazakhstan’s gold and forex reserves almost $11 billion down in 2015

January 15, 2016
By TCA

ALMATY (TCA) — The National Bank of Kazakhstan said that the country’s international reserves, including gold and foreign currency reserves of the National Bank and assets of the National (Oil) Fund, in 2015 decreased by 10.6 percent, from US $102.452 billion down to $91.581 billion.