The Kyrgyz parliament has approved a proposal from the government to privatise state-owned operator Megacom, Tazabek reported.
Kyrgyzstan's state property management fund has been unsuccessfully attempting to offload the state’s stake in Megacom for over a decade.
Previous attempts to accomplish this have included auctions that ultimately failed.
The Eurasian Development Bank (EDB) said on March 26 it had fully redeemed a five-year Eurobond, meeting all obligations to investors at maturity. The bank paid a total of €286mn, covering both ... more
Construction work on the proposed Trans-Afghan Railway could be under way within six months, while the project could cost around $4.6bn to deliver and cut shipping transit times from Uzbekistan to ... more
Central Asia experienced an unusually intense heatwave in March that could have an impact on agricultural crop yields, according to an April 4 ... more