In this issue:
2 Laws & Legislations
2-3 Politics and Economics
2 Moody's outlook for Uzbek banking system is negative
2 Uzbekistan sets new import duties for vehicles
3 Senate adopts amendments to Tax Code on gas PSA
3 Uzbekistan introduces new import duties
3 Uzbekistan utilizes investments for 6.026trln soums in 1H
4 Banking
4 Uzbekistan-based Halk Bank ‘B/B’ ratings assigned; outlook stable
4 Fitch affirms Uzbekistan’s OJSCB "Hamkorbank" at ‘B-’; outlook stable
4 Kapitalbank outlook revised to negative on diminishing cash flows in core transfer business
4 Uzbek President binds commercial banks to issue bonds for the total value of 110 billion sums
4 Agrobank's aggregate capital up by 31%, assets by 35% in 1H 2009
5 HR News
5-6 Corporate News
5 GM Uzbekistan increases car output by 0.2% in 1H
5 Navoi mining-and-metallurgical integrated works to invest US $53 million into gold ore processing
5 Revenue of Uzbektelecom increases by 15.8% in 1H
5 MAN Nutzfahrzeuge, Uzavtosanoat create venture in Samarkand
6 Development of Nishan gas condensate field starts in Uzbekistan
6 Uzbekiston Temir Yollari to modernize casting and mechanical plant
6 Uz-SeMung’s net income makes up 2.1bn soums in 2008
6 IPO and M&A news
6 Upcoming events
7-8 UzSE & Last month market leaders
9 Tenders list
10 AFS-Research news
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In this issue:
2 Laws & Legislations
2 Politics and Economics
2 ADB maintains growth projects for Uzbekistan
2 Leasing operations’ share in GDP of Uzbekistan reaches 1.1%
3 Industry News
3 Uzbekistan increases steel output by 9.4% y-o-y in January-August
3 Uzbekistan adopts measures to control electricity consumption
3 UzbekUzbekistan plans to modernize gas-distributing system
3 Forty five projects to be implemented in the pharmaceutical industry through 2011
4 Banking
4 Alp Jamol Bank’s assets exceed 108bn soums
4 Qishloq Qurilish Bank’s capital exceeds 69.202bn soums
4 Agrobank’s aggregate capital grows by 20.9% in Jan-Jul
4 Ipoteka Bank’s assets increase 19.5% in eight months
4 Infinbank assets grew 2.6 times in eight months
4 Expert RA withdraws rating of Hamkorbank
4 CBU accredits Korea’s Shinhan Bank
5 HR News
Senate appoints new head of State Nature Protection Committee
5-6 Corporate News
5 Uzavtoprom increases charter capital to 226.96bn soums
5 Uzbekistan, China create uranium joint venture
5 Knauf begins production of dry building mixtures at Bukharagips JV
6 Uzbekugol gets US$6m loan to reconstruct coal deposits
6 Uzkimyosanoat to launch tyres production in Angren
6 GM Uzbekistan car output up 5.5% on year in Jan–Aug
6 UzChasys officially opened in Namangan region
6 IPO and M&A news
VimpelCom increases its share in Unitel to 100%
6 Upcoming events
7-8 UzSE & Last month market leaders
9 Tenders list
10 AFS-Research news
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In this issue:
2 Laws & Legislations
2-3 Politics and Economics
2 Uzbekistan’s economy grows in 8.2% in 1H 2009
2 Salaries to increase by 25% from 1 August
2 Uzbekistan, Malaysia starts gas project for US$500m
3 About US$500m to be directed to creation of Navoi FIEZ
3 Business activity index planned to be introduced in Uzbekistan
3 New upsurge in inflation starts in Uzbekistan
4 Banking
4 Bank Credit Standard sums up 1H results
4 Banking system of Uzbekistan is developing steadily
4 Fitch upgrades Uzbekistan’s Agrobank and Uzpromstroybank; affirms Asaka Bank
4 Alp Jamol Bank assets grows 15% in 1H
5 HR News
5-6 Corporate News
5 American Platineum Partners to build cement plant with a capacity of 1 million tons in Uzbekistan
5 Initec to modernize Navoi thermoelectric power station
5 Uzbekneftegaz to construct gas fields in south of Uzbekistan
5 Uzbekneftgaz signs agreement on joint venture with Petronas, Sasol
6 BAT Uzbekistan increases cigarette production by 24.8%
6 Uzbekistan to expand capacity of Talimardjan thermoelectric power station
6 Uzavtoprom to pay dividends for 453.21 soums per share
6 “Akhangarancement” reports successful completion of plans
6 IPO and M&A news
6 Upcoming events
7-8 UzSE & Last month market leaders
9 Tenders list
10 AFS-Research news
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In this issue:
3 Laws & Legislations
3-4 Politics and Economics
3 Chinese-Uzbek trade turnover increases by 97.2% in Jan-Mar
3 Uzbekistan's growth among highest: IMF chief
3 Localization of auto industry reaches 60% in Uzbekistan
4 Saudi Arabia gives Uzbekistan US$5.59m loan to upgrade water pump
4 Purchasing price of wheat constitutes US $140, 22% higher than last year
4 Physical parties may import goods only for US $10 duty-free in Uzbekistan
4 Uzbekistan 08-09 cotton exports to decrease
5 Banking
5 Kapitalbank sums up results of 1Q 2009
5 Kapitalbank's deposit volume reaches 56.91bn soums
5 Agrobank introduces new deposits in hard currency
5 NBU introduces multicurrency deposit
5 Moody's assigns B1/NP/E+ ratings to Asaka Bank; stable outlook
5 NBU launches new deposits in national currency
5 HR News
6-7 Corporate News
6 KOGAS to invest US$22m in exploration in Uzbekistan
6 Uzbektelecom’s net income makes up 7.5bn soums in 1Q
6 Uzbekneftegas” to produce gas valves together with Korean company BTX
6 South Korea to invest US$2m into pharmaceutical joint venture in Navoi
6 New venture to produce PVC in Navoi
7 Production of new cement brands starts in Uzbekistan
7 Two Uzbek-Korean ventures start exploration of quartz and quartzite deposits
7 MTS Uzbekistan's subscriber base reaches 6.51m
7 GM Uzbekistan JV boosts auto output 0.1% in Jan-May
7 LG refrigerators to be produced in Samarkand
7 IPO and M&A news
8-9 UzSE & Last month market leaders
10 Tenders list
11 AFS-Research news
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In this issue:
3 Laws & Legislations
3-4 Politics and Economics
3 Main macroeconomic indicators of Uzbekistan for 1Q 2009
3 Kazakhstan, Turkmenistan, Uzbekistan refuse to sign "Nabucco" declaration
3 Uzbekistan to export over 15bn cbm of gas to Russia in 2009
3 South Korea offers Uzbekistan “New Silk Way” construction
4 Construction works for 1.22trln soums carried out in 1Q
4 Average nominal salary in Uzbekistan increases by 40.2%
4 About 27.6% of investments directed to non-production branches of economy
4 Consumer price index in Uzbekistan grows by 0.9% in 1Q
5 Banking
5 NBU says Moody's confirms its rating
5 Uzbekistan to host ADB Annual Meeting in 2010
5 Deloitte & Touche completes audit of Kapitalbank
5 Credit portfolio of People’s Bank reaches 307bn soums
5 South Korea increases values of credits to two Uzbek banks up to US $190 million
5 Bank Credit-Standard sums up 2008 results
5 HR News
6-7 Corporate News
6 Kokdumalak-Gaz commissions third unit of petroleum gas recycling plant
6 Uzbekistan, Korea create two JV in car industry
6 Swiss Zeromax intercepts the contract of Russian “Stroitransgas”
6 GM Uzbekistan JV reduces auto output 1.1% in Jan-Apr
7 Zeromax, Uzbekneftegaz create new joint venture
7 Gissarneftegaz JV commissions three new wells
7 Oman, Uzbekistan set up US$500m investment firm
7 Oxus Gold scales back Amantaytau development plans
7 Uzbekneftegaz cuts liquids production 1.4% in 4 mths
7 IPO and M&A news
8-9 UzSE & Last month market leaders
10 Tenders list
11 AFS-Research news
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In this issue:
3 Laws & Legislations
3-4 Politics and Economics
3 IFC presents report on business climate in Uzbekistan
3 Uzbek PM resolves on creation of construction materials shops
3 Number of inspections of entrepreneurs to decrease
4 Karakalpakstan to create 6.2 thousand new work places in rural areas
4 Uzbekistan reduces gas supplies to Tajikistan over debt
4 Uzbekistan?s economy grows 7.9% in 1Q
4 Uzbekistan boosts steel output 12% in 1Q
4 Tashkent city's economy grows by 11.8% in 1Q
5 Banking
5 NBU's Kashkadarya branch allocates 102.9m soums to support service
5 Banks to direct 154bn soums to boost women businesses
5 Microcredit Bank renders micro leasing services for 16.4bn soums
5 CBU refinancing rate remains at 14% APR
5 Transinsurance plus increases its charter capital to US$2.2m
5 Volume of banking deposits to rise by 50% in 2009
5 HR News
6-7 Corporate News
6 GM Uzbekistan to build US$37m press shop in 2009-2010
6 Uzagromashservice, Minsk Motor Plant to create US$30m diesel
engine plant
6 Bashkortostan businesses hold talks at Uzbekneftegaz
6 Petronas inks pact to build Uzbek fuels plant
6 Korean consortium visits Uzbekneftegaz
7 India's Ashok Minda Group plans manufacturing unit in Uzbekistan
7 Lukoil could reduce gas output in Uzbekistan
7 GM Uzbekistan car output decreases in Jan-Mar
7 MTS, TeliaSonera sign interconnection agreement
7 UAE to invest US$15m in new terminal at Uzbek airport in southwest
7 IPO and M&A news
8-9 UzSE & Last month market leaders
10 Tenders list
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In this issue:
3 Laws & Legislations
3-4 Politics and Economics
3 New order on transactions in currency market in Uzbekistan approved
3 Tashkent closes market for foreign goods
3 Trade turnover between Uzbekistan and Ural region reaches US$245 million
3 Uzbekistan’s foreign trade surplus up 56.5% in 2008
3 Amount of foreign investments to increase in 2009 by 40%
4 New embassy of Turkmenistan opens in Uzbek capital
4 Karakalpakstan's economy increases by 8.3% in 2008
4 Uzbekistan to allow supply transits to Afghanistan
4 Uzbekistan to spend US$60m on drinking water supply projects for villages
5 Banking
5 Hamkorbank issues 27,000 plastic cards
5 Specialized bank to develop rural infrastructure
5 Central Bank sterilizes excessive liquidity in money market
5 RBS 'set to shed up to 20,000 jobs'
5 Ipoteka Bank issues savings and deposit certificates
5 HR News
6-7 Corporate News
6 Uzbekugol OJSC cuts production in 2008
6 Gissarneftegaz JV commissions new well
6 Lukoil invests US$67m in exploration at 2 Uzbek areas in 2008
7 Gazprom to buy 30bn cm of gas from Uzbekistan in 2010
7 Izhneftemash settled the contract with Uzbekistan.
7 Angren coal strip mine to be modernized
7 Uzbekneftegaz implements 12 investment projects in 2008
7 Paynet registers over 35,000 MIACL policies
7 IPO and M&A news
8-9 UzSE & Last month market leaders
10 Tenders list
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In this issue:
3 Laws & Legislations
3-4 Politics and Economics
3 Russia, Uzbekistan enjoy close stances on world issues
3 Uzbekistan approves agreement to avoid double taxation with Saudi Arabia
3 Over 90 billion sums spent in Surkhandarya in 2008 State program
4 Belarus President affirms economic cooperation agreement with Uzbekistan
4 Uzbek head: Crisis impedes possible uranium supplies to Russia
4 Uzbekistan offers up to 31 bln. cubic meters of gas to Russia
4 Uzbek government supports exporters
5 Banking
5 RAVNAQ-BANK's assets make up 18.04bn soums
5 Turon Bank's deposits reach 20bn soums
5 CBU replaces licenses of Ipoteka Bank, UzKDB Bank
5 Four banks become open joint-stock banks
5 Euroasia Insurance BDS Lising
5 InfinBank: new term deposits in foreign currency
5 HR News
6-7 Corporate News
6 Uzbekneftegaz increases production of gas, petroleum
6 Samarkand companies export over US$10 m-worth goods
6 Oxus Gold says Amantaytau operations on track
7 Uzbekistan to put into operation 7 new uranium deposits
7 Uzbektelecom, Afgan Telecom sign inter-operator agreement
7 UzCarlsberg to increase beer production in 2009
7 Uzkimyosanoat to spend US$291m to modernization
7 IPO and M&A news
8-9 UzSE & Last month market leaders
10 Tenders list
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In this issue:
3 Laws & Legislations
3-4 Politics and Economics
3 Uzbekistan cuts gas supply to Tajikistan
3 Obama to make speech in Uzbekistan
3 Kyrgyzstan, Uzbekistan resume energy talks
4 Russian Federation President visit to Uzbekistan prepared
4 Uzbek-Polish trade turnover rises 12 times in 2004/07
4 Uzbekistan to issue US$12m to boost small businesses
5 Banking
5 Public Bank signs money market deal with Uzbekistan's central bank
5 Capital Bank's deposits increases by 44.53% in Jan-Nov
5 UNIStream, Bank Credit Standard sign accord on partnership
5 Bank Ipak Yuli to raise charter capital
5 Jizzakh brand of Microcreditbank issues credits for 4.988bn soums in Jan-Sep
5 HR News
6-7 Corporate News
6 Daewoo International to invest in oil and gas in Uzbekistan
6 Kungrad Ash Plant receives prestigious award
6 Gazprom, Uzbekistan agree on gas purchase
6 Investments in environmentally clean fuel
7 GM Uzbekistan gets US$25m credit to expand sales in Russia
7 Gissarneftegaz JV commissions two new wells
7 Kazakh company to invest in Uzbek Cement Plant
7 IPO and M&A news
8-9 UzSE & Last month market leaders
10 Tenders list
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