Latest Central Asia News
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Azerbaijan`s Minister of Health visits Hungary
Azerbaijan`s Minister of Health Ogtay Shiraliyev has visited Hungary. During the visit, Ogtay Shiraliyev had a number of meetings with Hungarian dignitaries, including Hungarian Minister of Human Resources Zoltan Balog, State Secretary of the Prime Minister`s Office and co-chair of the Hungary-Azerbaijan joint economic commission Peter Szijjarto, to discuss bilateral cooperation in the health ...
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Azerbaijan`s State Budget receives AZN 46694 mln in January-March 2013
Azerbaijan`s state budget revenues in January-March, 2013, amounted to AZN 34669,4 mln, expenses - AZN 4514,8 mln. According to the State Statistical Committee, compared to last year budget revenues increased by 33.9%, while expenses rose by 58.8 % and made 1.2% of ...
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IFC approves first loan on Azerbaijans energy efficiency
IFC approves first loan to finance energy efficiency and alternative energy in Azerbaijan. The International Finance Corporation (IFC) has endorsed the first loan to finance into renewable energy and energy efficiency (RE/EE) in Azerbaijan. The IFC informs that on 17 May the Corporation`s Board of Directors endorsed a loan for Bank Respublika OJSC to finance energy efficiency and expand ...
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Romanian presidential advisor Azerbaijan NATO enjoy good relations
'Azerbaijan, NATO are enjoying good relations in different fields'. "Azerbaijan and NATO are enjoying good relations in different fields, particularly in the field of security. Azerbaijan is NATO`s partner in transportation of military equipments to Afghanistan. Azerbaijan is also enjoying cooperation with the European Union (EU), with the Eastern Partnership Program to be ...
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Sri Lankan tour operators explore Bali with eye on joint ventures
With the picturesque Bali Island in Indonesia, launching a massive tourism promotion, Sri Lankan tour operators were exploring the hitherto largely unexplored market, with a focus on joint ventures.A Business Seminar entitled "Bali Tourism Prospects Reaching Out To South and Central Asian Market", held at the Grand Kuta Bali Hotel last week, revealed that over 1300 Lankans had visited ...
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Dollar rebounds in Asia as investors await Bernanke
The dollar turned higher against the yen in Asia on Tuesday as investors waited for testimony by the US central bank chief and a policy meeting of the Japanese central bank. The dollar was changing hands at 102.61 yen in Tokyo morning trade, up from 102.26 yen in New York late Monday. The euro rose to 132.20 yen from 131.76 yen in New York while slipping to $1.2868 from $1.2884. The dollar ...
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Asia stocks muted ahead of Fed meeting
The Fed is currently conducting the third round of massive bond purchases known as quantitative easing to help drive down interest rates and spur lending. But recently improving data on the U.S. economy has led to speculation that the Fed might consider scaling back the program or winding it down earlier than ...
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Azerbaijan hints at Eurovision vote breach
THE head of Azerbaijan's state broadcaster has questioned the vote tally in the Eurovision Song Contest where it embarrassingly gave "nul points" to the entry from neighbouring Russia. The broadcaster is claiming votes for Russia were apparently not taken into account. "It is of serious concern and surprise that at the final count of votes from Azerbaijan, Russia was not given ...
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Centerra Gold risks Kyrgyz collapse
By Fozil Mashrab A legal dispute between the Kyrgyzstan government and Centerra Gold has entered a decisive stage for both sides after the Kyrgyz parliament instructed the government either to renegotiate a 2009 deal with the Canadian mining company or withdraw its mining license, though Kyrgyz Prime Minister Jantoro Satybaldiev recently ruled out any steps to nationalize the mine. The ...
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Tajikistan president visits China
/enpproperty--> China and Tajikistan established a strategic partnership on Monday, which observers said would benefit the two countries' economies and regional stability. ...
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Milli Majlis dismisses reports on bill on Azerbaijan’s occupied lands
A number of media have recently spread reports about the alleged preparation of a bill on the occupied lands of Azerbaijan in Milli Majlis. According to the press service for the Milli Majlis of Azerbaijan, in line with the information in media, there is a plan to submit the bill for discussion in the parliament of Azerbaijan soon. The statement disseminated by the press service for the Milli ...
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Baku expands role in Turkish economy
By Vladimir Socor On March 22 in Copenhagen, the Danish and Turkish prime ministers, Helle Thorning-Schmidt and Recep Tayyp Erdogan, witnessed the signing of agreements between subsidiaries of Danish Moeller-Maersk and Azerbaijan's State Oil Company (SOCAR) to develop a giant port near Izmir in Turkey. The petrochemicals holding Petrokimya (Petkim), majority-owned by SOCAR, is ...
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The right fare in Azerbaijan
importing of 1,000 London taxis to Baku, the construction of an international bus station, and a lucrative road-construction project. The group has received preferential treatment and the interlinked companies owned by the families have taken large shares or even monopolized certain transportation sectors like bus transport, taxis, road construction, and cargo-transportation services in the ...
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Azerbaijan queries Eurovision snub
Azerbaijan says Eurovision made a mistake when it recorded 'nul votes' from the country for Russia's Dina Garipova, above, at the Eurovision Song Contest. Picture: ...
Kazakhstan Focus
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Kazakhstan capital's next challenge
Astana, the capital of Kazakhstan, has experienced rapid growth in recent years and has seen the completion of some impressive architectural feats, now there are plans by the government to build a huge indoor city within the capital, providing the country with a modern feat of engineering and a tourist attraction of which to be proud.
Astana and Dubai, despite vast differences, have a few things in common as cities. Dubai is not the capital of the United Arab Emirates, while Astana is the capital of Kazakhstan, Astana is one of the coldest capitals in the world while Dubai is in one of the hottest regions on the planet. But Astana, like Dubai, has experienced rapid development in recent years, due in large part to the relocation of the capital to the city, and like Dubai, it has had to make sometimes impressive adaptations to architecture and development in order to compensate for the climate. Read more
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