Economy

"Aiyl Bank" will change its name to "ABank"

OJSC "Aiyl Bank" announced its name change to OJSC "ABank". This decision was made on February 2 at an extraordinary shareholders' meeting. It became known that the shareholders unanimously supported the updated version of the bank's charter. After completing all necessary re-registration procedures with government authorities, the bank will begin operating under its new name.

04.02.2026, 13:19
Economy

Cryptocurrency Crash: The Market Lost Nearly $500 Billion in a Week

Over the past week, the global cryptocurrency arena has suffered losses amounting to approximately $467.6 billion, according to information from Bloomberg. The most notable among the losers was Bitcoin, which fell to levels not seen since November 2024, when the administration of Donald Trump, which supported the crypto industry, came to power. According to data from CoinGecko, a sharp decline in the total market capitalization of all cryptocurrencies has been observed since January 29. On

04.02.2026, 12:59
Kyrgyzstan demonstrates accelerated rates of attracting foreign direct investment
Economy

Kyrgyzstan demonstrates accelerated rates of attracting foreign direct investment

According to the Eurasian Development Bank, the growth of foreign direct investment (FDI) in Kyrgyzstan from the countries of the Eurasian region significantly outpaces the average indicators for this region, nearly threefold. It is important to note that the Eurasian region includes the CIS countries, as well as Georgia, Mongolia, and Ukraine, highlighting the wide range of investors interested in Kyrgyzstan.

04.02.2026, 12:44
Economy

Daniyar Amangeldiev named IT, logistics, and financial services as key areas for investment in Central Asia

Central Asia, with a population of over 80 million people and a strategically advantageous geographical position on major trade routes, represents an interesting region for investments. Deputy Prime Minister Daniyar Amangeldiev shared this opinion on February 4 at the B5+1 business forum. He emphasized that investments from the United States are significant not only as a financial resource but also as a source of modern technologies and management practices. Amangeldiev highlighted several

04.02.2026, 12:25
Economy

The Minister of Economy outlined three key significances of the B5+1 forum for Kyrgyzstan

A two-day business forum B5+1 was held in Bishkek, gathering representatives from business and government structures from Central Asian countries and the USA. As part of the event, a press conference took place, featuring the U.S. Special Envoy for South and Central Asia, Sergio Gorra, and heads of delegations from the region. The Minister of Economy and Commerce of the Kyrgyz Republic, Bakyt Sadykov, emphasized during his conversation with journalists that the B5+1 format symbolizes a new

04.02.2026, 12:25
Economy

How they plan to develop hydropower. Data from the Ministry of Energy

OJSC "Electric Stations" has announced plans for the implementation of key projects at its energy facilities in 2026, according to information from the Ministry of Energy. The first phase of commissioning the second hydro unit at the Kambar-Ata HPP-2 is scheduled for spring. This project is part of the ministry's strategy for the phased increase of generating capacity. Reconstruction of two hydro units at the Uch-Kurgan HPP will also begin. Work on the second hydro unit will

04.02.2026, 12:09
Economy

The director of the GP "Single Window Center" at the customs service has changed.

Tilek Asanov has been relieved of his position as the director of the state enterprise "Single Window Center" in the field of foreign trade, operating under the State Customs Service. This information became known thanks to the information support department of the cabinet of ministers. The signing of the order for his dismissal was carried out by the chairman of the cabinet of ministers, Adylbek Kasymaliev.

04.02.2026, 12:06
Economy

Construction increased its share of GDP to 8.7%, services decreased to 51.2%

- In 2025, the structure of nominal GDP underwent changes, resulting in an increased share of commodity sectors: their percentage reached 34.4%, rising by 1.1 percentage points. This data is presented in statistical reports. In particular, the construction sector showed an increase of 1 percentage point, reaching 8.7%, while the share of industry grew by 0.7 percentage points to 17.7%. In contrast, the share of agriculture decreased by 0.6 percentage points, amounting to 8.0%.

04.02.2026, 11:51
Economy

The State "Aiyl Bank" Will Change Its Name

As a result of an extraordinary shareholders' meeting held on February 2, OJSC "Aiyl Bank" decided to update its name to "ABank". Information about this came from the Kyrgyz Stock Exchange. The main aspect of the meeting was the approval of a new version of the charter in connection with the upcoming renaming of the bank.

04.02.2026, 11:45
The GNS has launched a campaign for tax declaration submission
Economy

The GNS has launched a campaign for tax declaration submission

According to the press service of the GNS, the campaign for submitting declarations will take place in two stages. The first stage will end on April 1, when legal entities, as well as state and municipal employees, must submit their declarations. The second stage will last until May 1, during which individuals and individual entrepreneurs are required to submit their declarations.

04.02.2026, 11:11
How and When to Submit the Unified Tax Declaration for 2025
Economy

How and When to Submit the Unified Tax Declaration for 2025

The State Tax Service has announced the start of the campaign for the collection of the unified tax declaration for 2025. According to information from the agency, the process of submitting declarations will take place in two stages: legal entities, as well as state and municipal employees, must submit their declarations by April 1, while individuals and individual entrepreneurs have until May 1.

04.02.2026, 11:04
Natural Resources - to the People of Kyrgyzstan
Economy

Natural Resources - to the People of Kyrgyzstan

Recently, a round table was held in Bishkek on the topic "Global Trends in Central Asia: From Security Provision to the Extraction of Critical Minerals." The event was organized by the Expert Initiatives Center "Oiy Ordo" in collaboration with the Council for Sustainable Development in the Context of Climate Change under the Speaker of the Jogorku Kenesh of the Kyrgyz Republic.

04.02.2026, 10:58
Total Control over Alcohol and Forest Introduced in Kyrgyzstan
Economy

Total Control over Alcohol and Forest Introduced in Kyrgyzstan

This month, there is a clear trend towards increased digital control in the trade sector, alongside the introduction of significant relaxations for exporters. A key innovation in logistics will be the mandatory use of electronic navigation seals, which will be used from February 11 to track the transportation of alcohol and tobacco, recording the route of goods during their import and export within the EAEU. Additionally, a pilot project aimed at monitoring the supply of timber from Russia to

04.02.2026, 10:39
By the end of 2026, 5000 tons of meat can be imported duty-free into the Kyrgyz Republic.
Economy

By the end of 2026, 5000 tons of meat can be imported duty-free into the Kyrgyz Republic.

Kyrgyzstan has achieved significant success in obtaining economic preferences within the framework of the Eurasian Economic Union (EAEU). This was announced at a press conference at the "Kabar" agency by Elimbek Kanybek uulu, head of the EAEU coordination department of the Ministry of Economy of the KR. At the initiative of Kyrgyzstan, tariff preferences have been introduced for several strategically important goods, allowing their import without paying customs duties.

04.02.2026, 10:16
Kyrgyzstan Considers SWIFT as a Key Element of Financial Stability — Amangeldiev
Economy

Kyrgyzstan Considers SWIFT as a Key Element of Financial Stability — Amangeldiev

At the "B5+1" forum, the First Deputy Head of the Cabinet of Ministers, Daniyar Amangeldiev, emphasized that the format of this event serves as a practical platform for interaction with the United States in the areas of standards, independent auditing, compliance, and international regulation. According to Amangeldiev, the project opens up opportunities for dialogue and testing initiatives with American regulators and technology partners.

04.02.2026, 10:09
In Bishkek, the development of economic partnership between the USA and Central Asian countries is being discussed.
Economy

In Bishkek, the development of economic partnership between the USA and Central Asian countries is being discussed.

In Bishkek, a two-day business forum B5+1 has started, gathering representatives from the business communities and government institutions of Central Asian countries and the USA. This event aims to demonstrate the significance of the private sector in reforming economic policy and strengthening cooperation between the United States and Central Asia. The forum focuses on the progress made on 21 recommendations put forward at the first B5+1, which took place in Almaty in 2024, as well as on

04.02.2026, 09:51
Economy

Kyrgyzstan signed memorandums of cooperation with 7 American companies

- On February 3, meetings were held at the National Investment Agency under the President of the Kyrgyz Republic, featuring representatives from American companies and organizations. In addition to the delegation from the USA, representatives from government agencies, banks, and the private sector of Kyrgyzstan also participated in the negotiations.

04.02.2026, 09:48
The business forum "B5+1" has kicked off in Bishkek
Economy

The business forum "B5+1" has kicked off in Bishkek

The opening of the forum "B5+1" took place in Bishkek and gathered participants from the governments of Kyrgyzstan, Kazakhstan, Uzbekistan, Tajikistan, Turkmenistan, and the United States of America. This event is organized by the Center for International Private Enterprise (CIPE) in collaboration with the Cabinet of Ministers of the Kyrgyz Republic and marks the transition of the "B5+1" format to long-term processes of regional economic integration rather than one-off

04.02.2026, 09:45
Kyrgyzstan places special importance on investments from the USA - Amangeldiev
Economy

Kyrgyzstan places special importance on investments from the USA - Amangeldiev

The First Deputy Prime Minister Daniyar Amangeldiev stated at the "B5+1" forum that Kyrgyzstan attaches great importance to investments from the United States. According to him, such investments are perceived not only as financial capital but also as an important source of technology, innovative solutions, and management standards. He also emphasized that the service sector, information technology, and the creative economy have enormous growth potential. Additionally, modern

04.02.2026, 09:43
Market, Demographics, and Logistics: Amangeldiev on the Advantages of Central Asia
Economy

Market, Demographics, and Logistics: Amangeldiev on the Advantages of Central Asia

At the business forum "B5+1," Daniyar Amangeldiev, the First Deputy Chairman of the Cabinet of Ministers of the Kyrgyz Republic, emphasized the importance of this event as a bridge between political agreements and their practical implementation in the form of projects, investments, and partnerships. He also noted that the summit held on November 6, 2025, in Washington, between the leaders of Central Asia and the USA, outlined clear and ambitious directions for future cooperation.

04.02.2026, 09:40
A new Deputy Minister of Transport and Communications appointed
Economy

A new Deputy Minister of Transport and Communications appointed

Talgat Umetaliev. Photo who.ca-news. According to information from the information support department of the cabinet of ministers, Talgat Umetaliev's appointment as deputy minister was made by the order of the chairman of the government, Adylbek Kasymaliev. At the time of his appointment, Umetaliev was 37 years old and previously held the position of deputy chairman of the Financial and Credit Fund under the Ministry of Finance of the Kyrgyz Republic.

04.02.2026, 09:21
Kyrgyz Farmers Offered Powerful Belarusian Equipment for Lease
Economy

Kyrgyz Farmers Offered Powerful Belarusian Equipment for Lease

Agricultural producers in Kyrgyzstan now have access to modern technologies that will help optimize the harvesting process. The Belarusian company LLC "AgroEquipment" has introduced a new line of machinery designed for the efficient harvesting of sugar beets. This informational initiative is being carried out with the support of the Ministry of Water Resources, Agriculture, and Processing Industry of the Kyrgyz Republic.

04.02.2026, 08:37
A digital experiment in electricity trading has been launched in Russia
Economy

A digital experiment in electricity trading has been launched in Russia

In Russia, testing of an innovative energy market model has begun, starting on February 1. The pilot project for creating an online platform for buying and selling electricity will operate until the end of 2027 and will cover seven regions, including Khakassia, Udmurtia, Altai Krai, and several other areas.

04.02.2026, 08:25
Economy

The turnover of QR payments increased by 8-10 times in 2025, - NBKR

- As a result of the implementation of new digital solutions, 114.1 thousand QR codes were installed in trade and service enterprises. According to the National Bank, such practices were poorly developed until 2021. “The turnover of QR payments has significantly increased in recent years. In 2025, there were 525.1 million transactions totaling 908.6 billion soms, which is 8-10 times more than in 2024,” commented experts from the regulator.

04.02.2026, 07:50
American companies are interested in expanding their presence in the KR market
Economy

American companies are interested in expanding their presence in the KR market

Recently, the National Investment Agency under the President of the Kyrgyz Republic held bilateral meetings with representatives of several leading American companies and organizations, as reported by the agency. During the discussions, the parties explored key areas for cooperation, as well as the prospects for joint implementation of investment, infrastructure, technological, and social projects.

03.02.2026, 22:05
Economy

In the first 11 months of 2025, mineral water exports to Uzbekistan increased by 88%

In the 11 months of 2025, there has been a significant increase in the export of mineral water to Uzbekistan, which amounted to 88%. This data was provided by the National Statistical Committee. According to the agency's information, from January to November, Kyrgyzstan exported over 1.1 million liters of mineral water to Uzbekistan for a total of 519 thousand dollars. Compared to the same period in 2024, the volume of supplies increased by 88%. Last year, 607 thousand liters were shipped

03.02.2026, 20:55
Kyrgyzstan Maintains Credit Rating at B+ Level
Economy

Kyrgyzstan Maintains Credit Rating at B+ Level

According to a report from Standard & Poor's Global Ratings, Kyrgyzstan retains its ability to meet financial obligations despite external economic threats. This characteristic serves as an important signal to international investors that the country's economy is under control and shows signs of resilience.

03.02.2026, 19:34
Economy

"Not the Basic Minimum!" In the residential complex, it was proposed to annul the decree on servicing in cafes

At the meeting of the committee on finance, budget, and entrepreneurship, Bekeshev noted that the resolution coming from the cabinet of ministers should be canceled. He explained that while the government aims to inform consumers about the final cost, it is necessary to consider that the antimonopoly service should deal with issues of the basic minimum. The deputy emphasized that the basic minimum consists of food products necessary for cooking. "You cannot effectively regulate this part

03.02.2026, 18:40
Economy

Kasymaaliyev discussed investment projects in Kyrgyzstan with the Abu Dhabi Development Fund

On February 3, a meeting took place between the Chairman of the Cabinet of Ministers of the Kyrgyz Republic, Adylbek Kasymaliev, and the General Director of the Abu Dhabi Development Fund, Mohammed Saif Al Suwaidi. The press service of the Cabinet reported on this event. During the meeting, Kasymaliev emphasized the importance of strengthening solid and long-term ties with the United Arab Emirates, including cooperation with the Abu Dhabi Development Fund.

03.02.2026, 18:39
Economy

In the Toktogul District, a modern drip irrigation system for intensive horticulture is being installed on 30 hectares.

- Significant initiatives in the field of agriculture aimed at supporting local farmers are being implemented in the Toktogul district, reports the press service of the Ministry of Agriculture. According to the information from the department, as part of the current project, new drip irrigation systems are being installed on 30 hectares of rain-fed land, which will ensure the efficient use of water resources. The construction of a 15,000 cubic meter regulation pond is also planned.

03.02.2026, 17:48
Business Complains About Issues with Cashless Payments
Economy

Business Complains About Issues with Cashless Payments

The discussion of issues related to cashless payments took place with the participation of the State Tax Service, banks, and regulators At a meeting organized by the State Tax Service, the difficulties faced by entrepreneurs in making cashless transactions were discussed. The main focus was on high fees, delays in crediting funds, and challenges in banking procedures.

03.02.2026, 17:46
The National Bank fined two payment organizations in Bishkek
Economy

The National Bank fined two payment organizations in Bishkek

As a result of inspections conducted in Bishkek, two payment organizations were fined. The National Bank of Kyrgyzstan reported that violations of legislation and regulatory acts were the reason for imposing fines totaling 165,000 soms on the mentioned organizations.

03.02.2026, 17:39
Economy

The GKNB returned 30 hectares of agricultural land to the state in the Masanchy area of the city of Karakol.

- The State Committee for National Security (SCNS) has transferred 30 hectares of agricultural land, located in the Masančy area of the city of Karakol, to state ownership. According to available information, these plots of land were illegally removed from the assets of the joint-stock company "Zhemish," after which they were divided among the shareholders and employees of this enterprise, located in the northwest of Karakol.

03.02.2026, 16:15
Economy

The EEC commented on the queues of trucks at the Kyrgyz-Kazakh border

In recent days, there has been a significant accumulation of trucks at the border checkpoint "Ak-Tilek - Automobile" near Kant, which has prompted a response from the EEC. The Commission reported that the reasons for these traffic jams are related to planned border control activities, as informed by the Kazakh authorities. According to the EEC, the increase in time for passing border procedures is due to measures aimed at combating the illegal turnover of goods, which they believe

03.02.2026, 16:11
Economy

Zhanibek Abirov on Price Increases: Deputies Also Feel That Prices Have Gone Up

At a meeting of the Committee of the Jogorku Kenesh on Finance, Entrepreneurship, and Competition Development, Abirov noted that since January 1 of this year, prices in cafes and restaurants have been indicated with consideration for waiter services. According to him, establishments previously added 15% for service, of which 7-8% went to the waiters, while the rest remained with the owners. However, Abirov stated that many establishments decided to raise this amount to 20-22% out of fear that

03.02.2026, 15:58
Commissions for Entrepreneurs May Be Reduced for Accepting Cashless Payments
Economy

Commissions for Entrepreneurs May Be Reduced for Accepting Cashless Payments

The State Tax Service of the Kyrgyz Republic held a meeting to discuss issues related to the use of cashless payments in the business sector. Representatives from the National Bank, the Interbank Processing Center, as well as the Union of Banks and Commercial Credit Organizations were present at the event. According to information provided by the press service of the STS, the main goal of the meeting was to discuss pressing issues raised by business representatives. Topics discussed included

03.02.2026, 15:39