• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00192 -0%
  • TJS/USD = 0.10876 0.55%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00192 -0%
  • TJS/USD = 0.10876 0.55%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00192 -0%
  • TJS/USD = 0.10876 0.55%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00192 -0%
  • TJS/USD = 0.10876 0.55%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00192 -0%
  • TJS/USD = 0.10876 0.55%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00192 -0%
  • TJS/USD = 0.10876 0.55%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00192 -0%
  • TJS/USD = 0.10876 0.55%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00192 -0%
  • TJS/USD = 0.10876 0.55%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
11 December 2025

How Kyrgyzstan’s Fastest-Growing Restaurant Tech Startup Is Revolutionizing Dining

Bishkek has long been known for its vibrant restaurant scene. Now the sector is implementing innovations, making the lives of its customers even easier. Meet Pai, the Kyrgyz startup serving as a digital concierge between restaurants and their customers.

“In Kazakhstan, I saw a product where you could pay your bill right at your table with two taps and leave without interacting with the staff. That’s when I realized you could build a whole world around this, turning every interaction between a guest and an establishment into a digital experience,” says Ehrlan Zholdosh, CEO and Co-Founder of Pai.

Zholdosh is not a newcomer to the industry; his experience in product design and management in Eastern Europe and the Middle East was an asset when launching his own company, Pai.

Old Habits Die Hard
 It’s a universal restaurant experience around the globe when you’re done with your meal and ready for the check – it can take an age to come, and that’s if you can find waitstaff in the first place. Now, with Pai, which essentially turns every table into a payment terminal, this process has been streamlined to the point where it takes only seconds to pay and even leave a tip.

The very first MVP (minimum viable product) was launched in Mar 2024. This is when Aibek Nogoev joined as a Co-Founder to completely overhaul the technical side of the product. The co-founder’s team has complementary skillsets — the third Co-Founder, Kairygul Kalbaeva, has over ten years of experience in the restaurant business, which came in handy when onboarding the first customers, as she understands how restaurants operate inside out.

As for the Pai team, the majority of its members were hired in ololoPlanet, one of the locations of ololo, the largest chain of tech hubs in Central Asia, where Pai has its offices.

Apart from enabling customers to pay faster and more smoothly, Pai aims to build a restaurant super-app that integrates with the ERP systems restaurants use, including customizable loyalty programs. Another strategic benefit for restaurants using Pai is a non-invasive way to collect user data.

The Snowball Effect

In September, Pai won first place in the country’s largest hackathon, Startup Nation. It may have been tough to onboard customers at the beginning of Pai’s journey, but now there are over 70 active restaurants and more than 100 in the waitlist, with hundreds of thousands of users and a daily turnover in excess of $20,000.

Recent changes to Kyrgyz tax legislation linked to the efforts to make the restaurant industry less opaque have been a massive boost as well. The authorities are trying to combat the shadow economy, pushing businesses, including restaurants, to become significantly more transparent, and many in the restaurant industry see Pai as the best solution. Its customer base now includes the majority of the largest restaurant chains in the Kyrgyz Republic, including global franchises.

The key challenge lies in its integration with ERP systems, which delivery services usually don’t integrate with. Pai has plans to expand its services to ultimately allow users to not only pay and receive rewards, but to enjoy new features, including ordering delivery and leaving reviews.

On the Way to Regional Expansion

Now, with domination within the Kyrgyz market and seven cities covered, Pai has ambitions beyond its home country and is looking to expand, starting with neighboring Kazakhstan, which offers a much larger market.

“Inspired by the words of PayPal’s founder, our product moved from zero to one by creating an innovative solution in a field lacking a standardized user experience or a monopoly, especially in a globalized world. Our first goal is to make requesting the bill from a waiter as obsolete as ordering a taxi via a phone call, and then build a new tech industry around restaurant services,” says Zholdosh.

Uzbek boxer Mullojonov Gets Three-Year Suspension for Doping Violation

Uzbek heavyweight boxer Lazizbek Mullojonov, who won Olympic gold in Paris last year, has been suspended from amateur bouts for three years because of doping, the International Testing Agency said.

“The athlete tested positive for the prohibited substance methasterone metabolites after providing an out-of-competition sample on 11 June 2025,” the agency said in a statement on Friday on behalf of World Boxing, which governs international amateur boxing. Methasterone is a steroid that enhances muscle and strength.

The agency said Mullojonov, 26, has agreed to the suspension, which was reduced by one year from the standard period of four years “due to his early admission” of the anti-doping violation. The agency is based in Lausanne, Switzerland.

The suspension is retroactive to July 22 of this year, when Mullojonov was provisionally suspended pending the outcome of an investigation, and runs until July 21, 2028. The 2028 Summer Olympics in Los Angeles take place from July 14-30.

Under the ruling on Friday, Mullojonov’s competitive results between June 11 of this year, the date of a sample collection, and July 22 are disqualified.

The Uzbekistan Boxing Federation had said Mullojonov may have ingested “prohibited doping substances” during a hair transplant last year. It said the surgery occurred on November 19, 2024, at a private clinic in Fergana city in Uzbekistan after the Paris 2024 Olympic Games. The athlete may have taken medications containing banned substances that were provided by the clinic during the treatment.

Mullojonov also won gold in the super-heavyweight category at the Asian Championships in 2022. Despite the suspension from amateur competition, Mullojonov can compete in some professional fights, including one in which he defeated Nigerian boxer Monyasahu Muritador in Tashkent on Friday.

With Shared Goals, Azerbaijan Draws Closer to Central Asia

Then there were six.

The five Central Asian countries of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan are widely thought of as a group, united by geography, their shared history as former Soviet republics, and growing collaboration in recent years. Now, Azerbaijan is emerging as a sixth member of the group, even though it is in the South Caucasus.

At a summit on Sunday, Central Asian leaders supported Azerbaijan’s accession to the region’s Consultative Meeting format as a full participant, “forming a unified space for interaction between Central Asia and the South Caucasus,” Uzbekistan’s presidency said.

The Consultative Meeting format is a vehicle for high-level collaboration among Central Asian countries, which have taken steps to resolve border disputes and other sources of tension between them over the years. The format addresses trade, security, and other issues. All five Central Asian leaders, as well as President Ilham Aliyev of Azerbaijan, attended the annual meeting in Tashkent on Sunday.

In a speech, Aliyev noted that he had visited Central Asian countries 14 times in the last three years, and that Central Asian leaders had visited Azerbaijan a total of 23 times during the same period. He said Azerbaijan and Central Asia “today form a single geopolitical and geo-economic region, whose importance in the world is steadily growing.”

Azerbaijan, which is also a former Soviet republic, shares the Turkic background of some of the Central Asian nations. While all the countries have distinct national identities, they covet the goal of more robust trade routes linking Asia and Europe, as well as regional solidarity in an uncertain geopolitical environment where China, Russia, and the United States are dominant powers.

After Azerbaijan was admitted to the Central Asian talks format, Azerbaijani presidential adviser Hikmet Hajiyev posted on X: “From now on, Central Asia stands as 6.”

New Book Review: ‘Silk Mirage: Through the Looking Glass in Uzbekistan’ by Joanna Lillis

“Vibrant” and “brutal” are words that British journalist Joanna Lillis uses to describe Uzbekistan in her new book Silk Mirage: Through the Looking Glass in Uzbekistan, released this week through Bloomsbury. But they could just as easily be used to describe the book itself.

In her own words, Lillis, a Central Asia correspondent for The Economist and other media, set out to create “a portrait of Uzbekistan from independence to the modern-day, dipping into history to demonstrate where the country came from and how it got where it is today, and offer clues about where it is going.” She achieves this with a book that is clear-eyed and meticulously researched, detailing how Uzbekistan’s two 21st-century leaders, presidents Islam Karimov and Shavkat Mirziyoyev, have shaped the lives of Uzbekistan’s remarkable people.

The book opens with a summary of the paranoia and violence of the Karimov era (1989-2016), told through Lillis’ experience of having recently arrived in Tashkent in 2001. She lived in the country until 2005, and has spent a lot of time in Uzbekistan thereafter. While the western media that reported on Karimov’s death in 2016 speculated on a battle behind the scenes to succeed him, Silk Mirage is clear that power was always going to pass to Miziyoyev, who had been Karimov’s prime minister for the previous 14 years. Lillis does, though, memorably mention that “there may have been a fierce under-the-rug catfight.”

A recurring topic in Silk Mirage is the repression of the media in Uzbekistan, and local journalists’ need to self-censor and avoid uncomfortable issues. There is none of that in this absolutely fearless book. Lillis gives stark details of Karimov’s human rights abuses, particularly in accounts of the horrific Jaslyk prison. She also confronts his successor’s failure to eradicate some of the injustices in the present day. 

When comparisons are made between life under Karimov, referred to as “Old Uzbekistan”, and the New Uzbekistan of Mirziyoyev, the progress towards democracy is described as a qualified success. The country now has a parliament with younger, more accountable deputies; however, “opposition” is still a dirty word, and the proliferation of new political parties is misleading. 

Economic reforms have led to the previous official corruption and black market profiteering being replaced with a state that is friendlier to local businesses and foreign investors alike. That being said, there are still restrictions on citizens’ rights.

So, have Mirziyoyev’s plans for democracy and reforms been slowed down by systemic issues – the need for his government to first dismantle the dictatorship he inherited? Or is Karimov’s old ally too much of a product of Old Uzbekistan to fully stop the past from repeating? Lillis leaves the reader to decide for themself. 

Silk Mirage dedicates chapters to events in Uzbekistan that have occasionally caught international attention. The last two decades have seen the authorities’ 2005 massacre of hundreds of people in the eastern city of Andijan, which was blamed on an ambiguous Islamist cult; outcries over forced labour and child labour in Uzbekistan’s cotton industry; the ecological crisis in the vanishing Aral Sea; and the (less publicised) violent riots in Karakalpakstan, an autonomous republic in Uzbekistan’s west, in 2022. On all of these issues, Lillis gives a comprehensive account, based on interviews with Uzbeks who have been witnesses to them.

Lillis also goes further back in the country’s history, to bring to life the city of Bukhara – and the Jadids, a group of enlightened Uzbeks who aligned with the Bolsheviks to play an influential role in the early Soviet Uzbek Republic. The Jadids were killed during Stalin’s purges in the 1930s, but their members are being rehabilitated under Mirziyoyev.

Another interesting parallel between the Old and New Uzbekistan is the role of each president’s daughter in public life. Silk Mirage tears down Gulnara Karimova for her vulgar excesses and dumbfounding corruption; by contrast, Saida Mirziyoyeva – aide to her father, but most visible through her leadership of Uzbekistan’s Art and Culture Development Foundation – is the ambassador that Karimova never was, and a champion of Uzbekistan’s creative industries. 

For all that Karimov and Mirziyoyev loom large in Silk Mirage, it is the ordinary Uzbeks whose stories from this mesmerising country shine through. Through Lillis’ reporting, we meet the young tech entrepreneur Dildora Atadjanova, whose app helps Uzbek farmers to sell their crops to exporters. We also meet Agzam Turgunov, a former political prisoner who is now fighting to help others like him clear their names. And we are introduced to the former director of the State Art Museum of the Republic of Karakalpakstan, Marinika Babanazarova, who for years was the director of a vast collection of Karakalpak and other nonconformist art, better known as the Savitsky Museum. The story of the museum is an enthralling success story in its own right.

These are just three of the dozens of human stories that make Silk Mirage such a poignant read. Lillis has held a looking glass up to today’s Uzbekistan, and come back with a true reflection.

Made In Central Asia: Leaders Eye $20 Billion Trade Milestone as Regional Cooperation Deepens

The first meeting of trade and investment ministers from Central Asian countries, joined by Azerbaijan, has taken place in Tashkent, where participants agreed to nearly double mutual trade to $20 billion and discussed launching a regional brand, Made in Central Asia.

Opening the session, Uzbekistan’s Minister of Investment, Industry, and Trade, Laziz Kudratov, highlighted the substantial potential for increased trade due to the complementarity of regional economies and growing business interest in joint initiatives

According to Uzbek data, intra-regional trade doubled between 2017 and 2024, reaching approximately $11 billion.

Kudratov proposed developing an action plan to raise trade turnover to $20 billion. The proposed strategy includes harmonizing customs procedures, implementing digital document management, mutually recognizing permits, and developing “single window” systems at borders. Additional measures under discussion include creating a regional electronic catalog of goods and producers and integrating the digital platforms of chambers of commerce, industry, and export agencies.

Uzbekistan also proposed hosting the Central Asia and Azerbaijan Investment Forum in Samarkand in 2026, positioning it as a platform to launch the Made in Central Asia brand.

Kazakhstan’s Minister of Trade and Integration, Arman Shakkaliev, urged countries to shift from a “buy-sell” model to an “invest-produce-sell” approach. He noted that Kazakhstan is entering a new investment cycle aimed at building export-oriented industries and sustainable value chains.

Shakkaliev added that the upcoming industrial cooperation development program with Uzbekistan could be expanded to other Central Asian countries and Azerbaijan. Kazakhstan also supported the common branding initiative and proposed a pilot project using digital trading platforms.

Tajikistan’s Minister of Economic Development and Trade, Zavki Zavkizoda, underscored the importance of digital technologies and cited examples of regional companies operating at an international level.

Nazar Agakhanov, Turkmenistan’s Minister of Trade and Foreign Economic Relations, stressed that simplifying trade procedures and developing electronic platforms are essential to meeting shared goals. Ashgabat expressed its readiness to join the working group to be established following the meeting.

Kyrgyzstan was represented by its ambassador to Uzbekistan, Duishonkul Chotonov, who noted that Bishkek views the format as a platform for collective decisions that advance regional economic development.

Azerbaijan’s First Deputy Minister of Economy, Elnur Aliyev, reported that trade with Central Asian states grew by 58% in the first nine months of 2025, surpassing $1 billion. He said Azerbaijan is prepared to expand its transport infrastructure through new logistics hubs and the promotion of joint ventures.

The meeting concluded with the signing of a joint communiqué expressing intentions to deepen economic ties, establish joint ventures, and develop new instruments for investment cooperation.

The seventh Consultative Meeting of the Heads of State of Central Asia will be held in Tashkent on November 15-16. Azerbaijani President Ilham Aliyev is also expected to attend.

Kazakhstan Among Countries with Lowest Debt Burden

Kazakhstan continues to maintain a low level of public debt, amounting to 24.8% of the country’s GDP, ranking it 25th globally. This figure is well below the global average and reflects a relatively low debt burden, according to an analysis by Finprom.kz based on International Monetary Fund (IMF) data.

By comparison, Uzbekistan and Kyrgyzstan have higher public debt levels, at 31.1% and 37.8% of GDP, respectively. Russia (22%) and Tajikistan (23.1%) have slightly lower debt levels. Turkmenistan ranks among the top five countries globally with the lowest public debt, at just 3.9% of GDP.

The IMF projects global public debt will rise to 94.7% of GDP in 2025, an increase of 2.3% year-on-year.

Japan remains the country with the highest debt-to-GDP ratio at 229.6%. Other countries with high debt levels include Greece (146.7%), Bahrain (142.5%), Italy (136.8%), the Maldives (131.8%), the United States (125%), Senegal (122.9%), France (116.5%), and China (96.3%).

Global public debt is expected to reach $111 trillion in 2025. The U.S. and China account for more than half of this total, with $38.3 trillion and $18.7 trillion in public debt, respectively.

In absolute terms, Kazakhstan has the highest gross public debt among Central Asian countries, at $74.4 billion. It is followed by Uzbekistan ($42.8 billion), Kyrgyzstan ($7.6 billion), Tajikistan ($3.7 billion), and Turkmenistan ($2.8 billion).