• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00218 0%
  • TJS/USD = 0.10663 0.38%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00218 0%
  • TJS/USD = 0.10663 0.38%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00218 0%
  • TJS/USD = 0.10663 0.38%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00218 0%
  • TJS/USD = 0.10663 0.38%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00218 0%
  • TJS/USD = 0.10663 0.38%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00218 0%
  • TJS/USD = 0.10663 0.38%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00218 0%
  • TJS/USD = 0.10663 0.38%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00218 0%
  • TJS/USD = 0.10663 0.38%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%

Viewing results 1 - 6 of 44

World Bank-funded project to support digital transformation in Kyrgyzstan

BISHKEK (TCA) — Citizens of Kyrgyzstan will have improved access to more affordable internet, better quality electronic government services, and opportunities for digital skills development and new jobs, thanks to the US$ 50 million financing for the Digital CASA (Central Asia-South Asia) – Kyrgyz Republic Project approved on March 20 by the World Bank’s Board of Executive Directors. The project will be financed by a combination of a US$ 25 million grant and a $25 million credit, the Bank said. Continue reading

Kyrgyzstan: why sell profitable state-owned mobile operator?

BISHKEK (TCA) — Kyrgyzstan’s major mobile operator Alfa Telecom CJSC (MegaCom trademark) will be sold in the near future, Prime Minister Sapar Isakov said at a press conference in Bishkek on December 7. Continue reading

Kazakhstan launches ‘cyber shield’ concept

ASTANA (TCA) — Cyber terrorism and cyber-attacks is a serious challenge facing business companies and even entire countries in contemporary world. Kazakhstan is no exception, and the country has taken efforts to thwart the new threat. We are republishing this article by Anna Gussarova on the issue, originally published by The Jamestown Foundation’s Eurasia Daily Monitor: The government of Kazakhstan has approved an action plan, on October 28, to implement the country’s cybersecurity concept—“Cyber Shield”—by 2022 (Zakon.kz, November 1). The document outlines key areas of state policy that will be required to build a modern yet reliable system to mitigate and prevent cyberattacks and threats from hybrid (“new type”) warfare. The amount of illegal online content reaching Kazakhstan has grown by a factor of 40 in the last three years (Kapital.kz, September 4). Both government agencies and domestic financial institutions frequently suffer from cyberattacks. Ruslan Abdukalikov, the deputy chairman of the Committee on Information Security in the Ministry of Defense and Aerospace Industry, recently pointed out that the number of cyber threats to the state’s electronic systems increases by 2–2.5 times every year (Inform.kz, October 28). As the country seeks to attract new technologies to encourage economic diversification, information and cybersecurity challenges have been growing as well. To reduce these vulnerabilities, Kazakhstani President Nursultan Nazarbayev instructed the government and the National Security Committee to develop the country’s cybersecurity strategy, emphasizing “this is a matter of national security… In today’s world, it is not necessary to fight using an aircraft or a tank.” Rather, a computer virus can knock a power plant offline or paralyze the domestic railway network, he noted (Informburo.kz, September 4). Recent trends in cyber espionage and hybrid warfare have revealed the country’s need to rethink its security policies, including in the cyber realm. The security services have contributed heavily to formulating a cybersecurity strategy for Kazakhstan. But the above-cited recently adopted action plan is notable because it introduces a comprehensive approach to build a “Cyber Shield” concept that will have multiple stakeholders, including businesses, the research community and the general population. Several important conclusions can be drawn based on the text of the action plan: First, in the government’s view, local software is preferable, but not yet available. As a result, the recently reorganized Ministry of Defense and Aerospace Industry is working to gradually overcome the country’s reliance on proprietary information security software from abroad as well as foreign IT product certification. Policymakers in Kazakhstan have been discussing this particular issue for the last five years. As a first step in this direction, the Chamber of Entrepreneurs will create a national register of trusted software and IT products by July 2018 (Zakon.kz, November 1). Second, international cooperation is so far limited, but seen as important. In particular, international cooperation appears particularly necessary to allow Kazakhstan to attract new technologies and develop its domestic information and communications technology (ICT) sphere. In this regard, the Cyber Shield action plan lists two main priorities. The first is for the National...

Kyrgyzstan trying to sell major mobile operator by direct sale

BISHKEK (TCA) — In Kyrgyzstan, the main news of this week was that a Russian citizen, Elena Nagornaya, importer of coffee and tea from Africa, is going to buy the Alfa Telecom CJSC (MegaCom trademark) mobile operator. MegaCom was offered for auction five times, but no one applied for participation. This time, the State Property Management Fund of Kyrgyzstan (SPMF) has put the company on sale through direct sale. Alfa Telecom is a major player in the country’s telecommunication market. The state owns 100% of the company’s shares. The company covers 98 percent of the country with mobile communication and has more than three million subscribers. In May 2016, the initial price of the company’s shares was 19.7 billion soms (about $306 million). The price was reduced to 14.255 billion soms at the next auction because no applications were submitted, and it is now 13.5 billion soms (about $198 million). In 2008, the state planned to sell the company for $1 billion, but there was little competition in the telecom market then. The high price of the shares of the mobile operator in the conditions of the world crisis was among the main reasons for the failure of the auctions, the Government said. The Government wants to sell MegaCom while it is attractive to buyers to get the maximum price for it. On September 27, the parliament of Kyrgyzstan listened to a report of the State Property Management Fund on the sale of Alfa Telecom CJSC. MPs opinion The Parliament deputies believe that the Government is in a hurry with the sale of MegaCom to Nagornaya. MPs criticized SPMF Chairman Bolsunbek Kazakov and some MPs even suggested he should leave his post. Firstly, it was necessary to carefully consider the situation and to negotiate with the applicant for the purchase of the company, and only then to declare that they have found a buyer, MPs said. According to the SPMF, Alfa Telecom has many court obligations, and Nagornaya agreed to execute them. The SPMF does not exclude that during the negotiations she will abandon the deal. Some MPs believe that the company should be sold after the presidential elections take place on October 15. In addition, the Government should provide the Parliament with full information about the buyer. Inquiries have been sent to the competent authorities regarding Nagornaya’s personality, and the response is expected in the next few days, the SPMF said. The MPs considered the candidacy of the buyer to be insufficiently reliable and questionable. "MegaCom cannot be sold to a woman who sales tea," MP Janar Akayev said, urging the Government not to repeat mistakes of the recent unsuccessful deal with the Czech company Liglass Trading for the construction of hydropower stations in Kyrgyzstan. A large corporation should buy MegaCom, he added. According to the SPMF, cellular corporations of China and Turkey refused to buy MegaCom. Earlier this year, the SPMF said that large cellular companies from China, South Korea and Turkey were interested to purchase the company....

Prime Minister presents Digital Kazakhstan program

ASTANA (TCA) — On September 13, during the meeting on digitalization of Kazakhstan’s economy chaired by President Nursultan Nazarbayev, the Prime Minister of Kazakhstan Bakytzhan Sagintayev presented the government’s Program of Innovative Development "Digital Kazakhstan", the official website of the Prime Minister of Kazakhstan reported. Continue reading

Digital technologies can help Tajikistan diversify economy, make it more competitive

DUSHANBE (TCA) — Digital Tajikistan can be an important source of innovation, growth, and employment – provided that the country invests more in people’s skills, improves the business environment, and strengthens the digital infrastructure, according to a recent World Bank report, entitled Reaping Digital Dividends, that outlines routes and instruments needed to take full advantage of the Internet and new digital technologies. The report examines the impact of information technologies and the Internet on economic growth and the development of countries across Europe and Central Asia, including Tajikistan. Continue reading