Finance and Investment

10.07.2020

Support measures of Uzbekistan only lead to bankruptcy

Marina Ten, founder of the furniture company and head of the Pan-Asian cuisine cafe Kimchi Plate, wrote a post on Facebook listing government support measures that would really help the business.

Among them:

interest-free loans to pay rent, pay salaries/vacation pay for the employees, to replenish working capital;

VAT reduction for catering, hotels,...

Marina Ten, founder of the furniture company and head of the Pan-Asian cuisine cafe Kimchi Plate, wrote a post on Facebook listing government support measures that would really help the business.

Among them:

interest-free loans to pay rent, pay salaries/vacation pay for the employees, to replenish working capital;

VAT reduction for catering, hotels,...

10.07.2020

Uzbekistan develops “completely new” system to support small businesses

Under the chairmanship of the president, a meeting was held on the development of entrepreneurship and budget revenues. Of the entrepreneurs registered last year, 23 thousand or 24% of the total number are not working today. Responsible managers were instructed to establish a dialogue with them and take measures to...

Under the chairmanship of the president, a meeting was held on the development of entrepreneurship and budget revenues. Of the entrepreneurs registered last year, 23 thousand or 24% of the total number are not working today. Responsible managers were instructed to establish a dialogue with them and take measures to...

10.07.2020

Central Bank of Uzbekistan approves criteria for the significance of payment systems

The Central Bank has established criteria for determining the significance of payment systems.

Among them:

the presence in the infrastructure of the payment system of more than 2 million active users, to whose account funds are credited at least once a month;

the value of payments made through the payment system over 1...

The Central Bank has established criteria for determining the significance of payment systems.

Among them:

the presence in the infrastructure of the payment system of more than 2 million active users, to whose account funds are credited at least once a month;

the value of payments made through the payment system over 1...

10.07.2020

Greenback loses ground to rivals as bulls return to paper markets

The U.S. dollar fell against most currencies on Thursday as a rally in riskier assets such as global equities and commodities put a dent in safe-haven demand for the U.S. currency. China’s yuan rose to a four-month high against the dollar, extending recent gains as investors of all stripes increased...

The U.S. dollar fell against most currencies on Thursday as a rally in riskier assets such as global equities and commodities put a dent in safe-haven demand for the U.S. currency. China’s yuan rose to a four-month high against the dollar, extending recent gains as investors of all stripes increased...

10.07.2020

Global stocks rally as bulls brave pandemic spectre

European shares rose on Thursday after a two-day wobble, as Chinese markets continued their charge, while investors propelled gold to a nine-year high. Chinese stocks set their longest winning streak in two years, and the yuan had strengthened past 7 per dollar overnight [.SS], despite rising tension over Hong Kong...

European shares rose on Thursday after a two-day wobble, as Chinese markets continued their charge, while investors propelled gold to a nine-year high. Chinese stocks set their longest winning streak in two years, and the yuan had strengthened past 7 per dollar overnight [.SS], despite rising tension over Hong Kong...


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