Economics Hot News
16 July 17:01
Kyrgyzstan’s economic confidence grows sharply as food insecurity, poverty drop, World Bank reportsKyrgyzstan is seeing strong economic growth, rising life satisfaction, and record-high public support for reforms, with the World Bank reporting improvements in financial stability, food security, and trust in government.
16 July 16:39
AI-80 gasoline price hits historic high on the Commodity Exchange.Price has risen by 15% over the past year and by 1.5 times over the past two years..
16 July 14:35
Uzbekistan’s IMEI system: A billion-dollar burden on citizens.Abolishing the mobile device IMEI registration system could save Uzbek citizens billions of dollars, according to economist Behzod Khoshimov. He argues that consumers are paying not only with money but also with their time..
16 July 14:30
Kazakhstan aims to double GDP to $450bn by 2029Prime Minister Olzhas Bektenov has reaffirmed Kazakhstan’s goal to double its GDP to $450bn, outlining major industrial and infrastructure projects, increased investment, and economic diversification as key drivers of growth.
Economics News
Uzbekistan is seeking to raise approximately US$300 million through the privatization of the mobile operator Mobiuz, hoping to attract investors from the Middle East and Europe, Bloomberg reported, citing informed sources.
16 July 13:43
Uzbekistan is seeking to raise approximately US$300 million through the privatization of the mobile operator Mobiuz, hoping to attract investors from the Middle East and Europe, Bloomberg reported, citing informed sources.
16 July 13:43
19 fake $100 bills have been seized, and a criminal case has been opened..
16 July 13:37
19 fake $100 bills have been seized, and a criminal case has been opened..
16 July 13:37
A private developer, “Strong Cities” LLC, engaged in constructing a multi-storey residential building in Tashkent’s Olmazor district, has defrauded citizens by collecting large sums of money without obtaining the necessary permits or documents..
16 July 13:16
A private developer, “Strong Cities” LLC, engaged in constructing a multi-storey residential building in Tashkent’s Olmazor district, has defrauded citizens by collecting large sums of money without obtaining the necessary permits or documents..
16 July 13:16
A recent report by Kotib AI Research warns that Uzbekistan is losing up to $4.5bn annually due to a restrictive data localization law that discourages global tech companies from entering the market, hindering digital growth, foreign investment, and innovation across key sectors.
16 July 13:08
A recent report by Kotib AI Research warns that Uzbekistan is losing up to $4.5bn annually due to a restrictive data localization law that discourages global tech companies from entering the market, hindering digital growth, foreign investment, and innovation across key sectors.
16 July 13:08
International credit rating agency Fitch Ratings has upgraded the Insurer Financial Strength (IFS) Rating and Long-Term Issuer Default Rating (IDR) of Uzbekistan-based SQB Insurance from ‘BB-’ to ‘BB’. The outlook on both ratings is “Stable.”
16 July 12:55
International credit rating agency Fitch Ratings has upgraded the Insurer Financial Strength (IFS) Rating and Long-Term Issuer Default Rating (IDR) of Uzbekistan-based SQB Insurance from ‘BB-’ to ‘BB’. The outlook on both ratings is “Stable.”
16 July 12:55
Chinese carrier China Eastern Airlines has officially entered the Uzbek market by launching a regular flight service on the Xi’an–Tashkent–Xi’an route. The inaugural flight landed at Tashkent International Airport on 16 July at 14:50.
16 July 12:31
Chinese carrier China Eastern Airlines has officially entered the Uzbek market by launching a regular flight service on the Xi’an–Tashkent–Xi’an route. The inaugural flight landed at Tashkent International Airport on 16 July at 14:50.
16 July 12:31
Jasur Karshibaev, Advisor to the Minister of Economy and Finance of the Republic of Uzbekistan, held a meeting with a delegation from the German Development Bank KfW.
16 July 12:17
Jasur Karshibaev, Advisor to the Minister of Economy and Finance of the Republic of Uzbekistan, held a meeting with a delegation from the German Development Bank KfW.
16 July 12:17
On 15 July 2025, a delegation from the Republic of Uzbekistan held a meeting with the leadership of the Central Bank of Malaysia (Bank Negara Malaysia).
16 July 12:07
On 15 July 2025, a delegation from the Republic of Uzbekistan held a meeting with the leadership of the Central Bank of Malaysia (Bank Negara Malaysia).
16 July 12:07
A new scheme promising easy money under the name Veemine has emerged in the lives of people weary of fraud and financial pyramids. Despite its obvious deceit, many are investing in this project, driven by belief in its promises. While law enforcement agencies await formal complaints, Uzbekistan risks facing a new wave of victims deceived by financial pyramids..
16 July 10:49
A new scheme promising easy money under the name Veemine has emerged in the lives of people weary of fraud and financial pyramids. Despite its obvious deceit, many are investing in this project, driven by belief in its promises. While law enforcement agencies await formal complaints, Uzbekistan risks facing a new wave of victims deceived by financial pyramids..
16 July 10:49
Uzbekistan saw a sharp rise in tourism in early 2025, attracting 4.2mn foreign visitors—a 48.2% increase from the previous year—driven largely by travelers from Kyrgyzstan, Tajikistan, and Kazakhstan.
16 July 10:30
Uzbekistan saw a sharp rise in tourism in early 2025, attracting 4.2mn foreign visitors—a 48.2% increase from the previous year—driven largely by travelers from Kyrgyzstan, Tajikistan, and Kazakhstan.
16 July 10:30
Electric vehicle sales in Uzbekistan rose by 62.6% in the first half of 2025, reaching 28,800 units, while overall car sales declined by 23% compared to the same period in 2024.
16 July 09:01
Electric vehicle sales in Uzbekistan rose by 62.6% in the first half of 2025, reaching 28,800 units, while overall car sales declined by 23% compared to the same period in 2024.
16 July 09:01
Domestic and international demand for freight transportation in Uzbekistan showed strong growth in the second quarter of 2025, according to international freight exchange platform ATI.SU. Freight rates for domestic trucking in Uzbekistan rose by 37% compared to the same period last year, while rates on export and import routes remained largely unchanged.
16 July 08:27
Domestic and international demand for freight transportation in Uzbekistan showed strong growth in the second quarter of 2025, according to international freight exchange platform ATI.SU. Freight rates for domestic trucking in Uzbekistan rose by 37% compared to the same period last year, while rates on export and import routes remained largely unchanged.
16 July 08:27
The Competition Development Committee of Uzbekistan continues its systematic efforts to detect and prevent violations of antimonopoly legislation in the field of public procurement.
16 July 06:53
The Competition Development Committee of Uzbekistan continues its systematic efforts to detect and prevent violations of antimonopoly legislation in the field of public procurement.
16 July 06:53
On 14 July 2025, a study visit by a delegation from the Republic of Uzbekistan commenced in Kuala Lumpur, the capital of Malaysia, focusing on Islamic finance, its regulation, and the development of a supportive ecosystem.
16 July 05:31
On 14 July 2025, a study visit by a delegation from the Republic of Uzbekistan commenced in Kuala Lumpur, the capital of Malaysia, focusing on Islamic finance, its regulation, and the development of a supportive ecosystem.
16 July 05:31
In the first half of 2025, more than 13,000 business projects in Uzbekistan received financial support totaling 1.774 trillion soums, according to Abdullah Buvraboyev, spokesperson for the Entrepreneurship Development Company JSC.
16 July 05:09
In the first half of 2025, more than 13,000 business projects in Uzbekistan received financial support totaling 1.774 trillion soums, according to Abdullah Buvraboyev, spokesperson for the Entrepreneurship Development Company JSC.
16 July 05:09
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