Kyrgyzstan News Online — Latest Events in Bishkek and the Regions | MTS.kg
Economy

Binance Expands Access to KGST: Token to be Added to Simple Earn, Purchase, and Convert

The cryptocurrency platform Binance has announced the introduction of new features for the KGST stablecoin. This token will be integrated into services such as Simple Earn, "Buy Cryptocurrency," and Convert. According to information from Binance, starting December 24 at 8:00 AM Coordinated Universal Time, users will be able to use KGST in the Simple Earn section, which offers flexible subscription terms.

29.12.2025, 15:38
Economy

The new investment law establishes a compensation mechanism for investors in case of expropriation, - Ravshanbek Sabirov

- On August 12, 2025, the Law of the Kyrgyz Republic No. 198 "On Investments in the Kyrgyz Republic" came into effect. This law, as noted at a press conference in Bishkek on December 29, 2025, by the head of the National Investment Agency, Ravshanbek Sabirov, is aimed at improving the predictability of conditions for investors. One of the main aspects of this legislation is the provision of guarantees for the protection of investments, especially in situations where the state decides

29.12.2025, 13:11
"Kumtor Gold Company" received nearly 60 billion soms in net profit
Economy

"Kumtor Gold Company" received nearly 60 billion soms in net profit

According to the provided information, the company's net profit in 2025 amounted to 59 billion 286 million soms. More than 21.5 billion soms will be directed to the budget of the Kyrgyz Republic in the form of taxes and other mandatory payments. In addition, shareholders received 13 billion 48 million soms in the form of dividends. It is expected that gold production will exceed 12 tons by the end of 2025.

29.12.2025, 12:52
Kumtor's Revenue in 2025 Exceeded 124 Billion Soms - Orunbekov
Economy

Kumtor's Revenue in 2025 Exceeded 124 Billion Soms - Orunbekov

Dayirbek Orunbekov, head of the information policy service of the presidential administration, announced impressive financial results for the Kumtor mine for the year 2025. According to Orunbekov, the company's revenue amounted to over 124 billion 216 million soms, and the total gold production will reach 12 tons. All funds received will be directed to the country's budget and used for the benefit of the citizens.

29.12.2025, 12:35
Economy

In Kyrgyzstan, an increase in investment volume is noted - mostly from China

According to the National Statistical Committee of the Kyrgyz Republic, the volume of foreign direct investment in the first half of 2025 amounted to $562.7 million. In comparison, in the same period of 2024, this figure was $462.2 million. This means that the volume of investments increased by 21.7% compared to the first half of last year. This was reported by Ravshanbek Sabirov, head of the National Agency for Investment Promotion, at a press conference. The main sources of investment were

29.12.2025, 12:18
RKFR achieved record investment figures by the end of 2025
Economy

RKFR achieved record investment figures by the end of 2025

The Russian-Kyrgyz Development Fund (RKFR) has achieved significant success in its investment activities by the end of 2025. The fund's press service reported that since its inception, the total approved financing has exceeded 1 billion US dollars, highlighting its important role in the economy of Kyrgyzstan.

29.12.2025, 12:06
Economy

"Kumtor" generated over 124 billion soms in revenue in 2025

By the end of 2025, the revenues of the Kumtor company amounted to over 124 billion 216 million soms, and the gold production volume by the end of the year is expected to reach 12 tons. This was stated by Dairbek Orunbekov, head of the information policy service of the President's Administration of Kyrgyzstan. Orunbekov noted that all revenues generated from Kumtor's activities are directed to the state budget to meet the needs of the country and the interests of its citizens.

29.12.2025, 12:04
Economy

Customs benefits for electric vehicles in the Kyrgyz Republic will take effect from January 22

According to information from the State Customs Service of the Kyrgyz Republic, starting from January 22, 2026, customs duty exemptions for electric vehicles will be introduced in the country. These measures were adopted in accordance with the decision of the Eurasian Economic Commission, made on December 5, 2025. The exemptions will apply to both fully electric vehicles and hybrid vehicles with a sequential electric drive.

29.12.2025, 12:00
The tariff exemption for the import of electric vehicles will come into effect on January 22, 2026.
Economy

The tariff exemption for the import of electric vehicles will come into effect on January 22, 2026.

Participants in foreign economic activity received important information from the State Customs Service regarding new rules concerning the import of electric vehicles. On December 5, 2025, the decision of the EEC Council No. 111 was adopted, which exempts electric vehicles from import customs duties starting from January 22, 2026. This exemption applies to both "pure electric vehicles" (code 8703 80 000 3 of the EAEU Customs Tariff) and "plug-in hybrids" (code 8703 80 000 5

29.12.2025, 11:56
Exchange rates in commercial banks of Kyrgyzstan on December 29
Economy

Exchange rates in commercial banks of Kyrgyzstan on December 29

Data sources are the commercial banks of the country. For clarification of information, it is recommended to contact the banks directly. This information is current as of its publication date. Exchange rates are provided for cash currency and may change throughout the day.

29.12.2025, 11:43
Economy

REI and Mineral Extraction Became Key Areas of FDI in Kyrgyzstan in the First Half of the Year

As of the end of the first half of 2025, Kyrgyzstan attracted $562 million in foreign direct investment (FDI). This was announced at a press conference in Bishkek held on December 29, 2025, where Ravshanbek Sabirov, head of the National Investment Agency, spoke. He noted that compared to the first half of 2024, when the inflow of FDI amounted to $462 million, there is a significant growth of 21.7%. Among the main countries investing in Kyrgyzstan, Sabirov highlighted China, Russia, and Turkey,

29.12.2025, 11:16
Have Fun, People! The Farmers' Market in Bishkek Awaits Its Loyal Customers
Economy

Have Fun, People! The Farmers' Market in Bishkek Awaits Its Loyal Customers

Despite the whims of the weather, the farmers' market in Bishkek continues to operate, delighting city dwellers in both rain and snow. Participants of the market, preparing for the New Year celebrations, shared with the correspondent of VB.KG their ways of "warming up" to create a cozy atmosphere for buyers. Since early morning, there has been a lively flow of customers, and although the snow quickly melted, the cold is still felt. As soon as the rush of buyers subsides, sellers

29.12.2025, 10:44
Economy

Five lots in the Issyk-Kul region put up for auction by the Zhyrgalan mine

An open auction for the sale of property has been announced by OJSC "Shakhta Zhyrgalan." As part of the auction, five lots will be offered, including land plots and one plot with a building, located in the Ak-Suysky district, reports the special administrator of the company. The following lots are up for auction:

29.12.2025, 10:20
Economy

Budget-2026: 35% of expenditures will be directed towards economic growth and major projects, - Daniyar Amangeldiev

- Previously, a large portion of the state budget was allocated to salary payments, which practically excluded the possibility of investing in development. Currently, 35% of the budget will be directed towards development. This was announced by the First Deputy Chairman of the Cabinet of Ministers of Kyrgyzstan, Daniyar Amangeldiev, in an interview with state media. According to him, the budget for 2026 should be viewed not as a social budget, but as a development budget. The projected economic

29.12.2025, 10:03
Economy

The cabotage transportation program will fully operate for EAEU countries in 2026.

According to Arzybek Kozhoshev, the Minister of Energy and Infrastructure of the Eurasian Economic Commission, the cabotage transportation program for the EAEU states will be fully implemented by 2026. This statement was made during the summary of the year 2025. He also noted significant achievements in the field of transport over the past period.

29.12.2025, 09:02
Economy

Prices for meat and coal checked in the city of Kara-Kul

In Kara-Kul, a raid was conducted aimed at monitoring prices for meat and coal, as well as ensuring food security in the region. As part of this initiative, organized at the city's major market, price indicators and compliance with standards for essential goods were checked.

29.12.2025, 08:34
Economy

Exchange Rate: Banks Sell the Dollar for 87.6-87.8 Soms

- As of the morning of December 29, 2025, the exchange rate of the US dollar in the banks of Kyrgyzstan fluctuates between 87.1-87.3 soms for buying and 87.55-87.8 soms for selling. As for the euro, its value ranges from 101.9 to 102.8 soms for buying and from 102.9 to 103.8 soms for selling.

29.12.2025, 08:04
Experts from 37 countries attended the Meet Global MICE Congress in Moscow
Economy

Experts from 37 countries attended the Meet Global MICE Congress in Moscow

The international forum Meet Global MICE Congress (MGMC), held on December 17-18, gathered over 2500 participants, nearly double the figures from last year and six times compared to the first congress. This event confirmed Moscow's high status as a center for business tourism, attracting professionals from 37 countries of BRICS and the Global South. Congress Participants

29.12.2025, 07:45
Economy

The Economy of Kyrgyzstan Will Maintain Leadership in the Region for GDP Growth - EDB Forecast

According to forecasts, in the coming year, Kyrgyzstan's economy will take leading positions in its region, demonstrating GDP growth of 9.3 percent. This analysis was presented by the Eurasian Development Bank (EDB). Analysts emphasize that such growth will be supported by increased investments in the fields of transport, energy, water supply, and housing construction. The EDB also predicts that by the end of 2026, inflation will decrease to 8.3 percent. However, a sharper decline in

29.12.2025, 07:23
Economy

Accumulated Chinese investments in Kyrgyzstan reached $2.1 billion by mid-2025

- According to the EDB report (2025), by mid-2025, the volume of Chinese investments in Kyrgyzstan will amount to $2.1 billion. Accumulated foreign direct investments (FDI) from China increased from $826 million in 2016 and reached the stated amount in the first half of 2025. According to the EDB, Kyrgyzstan accounts for 5.8% of the total volume of Chinese FDI in Central Asia.

28.12.2025, 16:09
Economy

The National Bank suspended the license of the exchange office "Askar Cash" in Bishkek for 15 days

- Due to violations of the legislation of the Kyrgyz Republic and the regulatory acts of the National Bank, from December 26, 2025, to January 9, 2026, inclusive, the exchange office of LLC "Askar Cash" in Bishkek has temporarily lost its license No. 6539, issued on June 21, 2023. The relevant information was published by the regulator's press service. The exchange office is located at: Bishkek, Baytik Baatyr Street, 49.

28.12.2025, 12:29
Economy

Economic growth is accompanied by a high level of inflation, - MDS

The economic situation in Kyrgyzstan shows a noticeable growth in nominal indicators; however, the issue of inflation remains relevant. This was stated by Askar Sydykov, Executive Director of the International Business Council, in an interview on the radio. Sydykov reported that by the end of the year, economic growth is over 10%, while the government forecasts it at around 11%.

28.12.2025, 12:27
Economy

Investments in the construction of hotels and restaurants increased by 23.2% from January to November

- The report for January–November 2025 presents information that the volume of invested funds in the construction of hotels and restaurants increased by 23.2% compared to the previous year. This data was published in statistical materials. The reports indicate that the main source of financing in this sector has been funds from the population, charitable contributions from residents of the Kyrgyz Republic, as well as financing from enterprises and organizations, including bank loans. These

28.12.2025, 09:58
Economy

A factory for the production of explosives has been opened in the Jayil District.

In the Jaiyl district of the Chui region, the official opening of a factory engaged in the production of explosives took place, as reported by correspondents from the akimat. According to information received on December 25, the factory of OsOO "Nomad Pro" was launched in the village of Altyn Sary of the Koosky ayil district with the participation of President Sadyr Japarov in an online format.

28.12.2025, 00:05
Economy

What are the gas reserves in the Batken region? (explanation from the geological service)

The Kyrgyz Geological Service, operating under the Ministry of Natural Resources, Ecology, and Technical Supervision of the Kyrgyz Republic, provided clarifications regarding the identified gas reserves in Batken, which were established by Chinese investors. According to available data, the reserves amount to 500 million cubic meters. According to official information, the North Rishtan oil and gas field is located in the Kadamjai district of the Batken region, approximately 60 kilometers

27.12.2025, 22:43
Economy

A Feed Production Plant for Fish Has Been Built in the Chui Region: Zhapаров Familiarized Himself with the Operation of the Enterprise

- On December 27, President Sadyr Japarov visited the plant of LLC "Tian-Shan Trout," which is engaged in the production of fish feed in the Panfilov district of the Chui region. This was reported by the press service of the President of the Kyrgyz Republic. The construction of this plant cost $5 million and was carried out on an area of about 7 hectares.

27.12.2025, 22:07
Economy

At the "Torugart" Checkpoint, 20 Tons of Fat from China Were Not Allowed

- In the Naryn region, at the "Torugart" checkpoint, the passage of a cargo of 20 tons of fat from sheep, which was coming from China, was not allowed, as reported by the press service of the Ministry of Agriculture. According to the data provided by the agency, the inspection of the cargo was conducted by border veterinary control inspectors.

27.12.2025, 19:45
Economy

Transfers to the Social Fund from the republican budget amounted to 40 billion soms in January-November 2025.

- From January to November 2025, transfers to the Social Fund from the republican budget amounted to 40.1 billion soms, as stated in the Ministry of Finance's report on the execution of the state budget. The Ministry of Finance has also updated the forecast for transfers to the Social Fund for 2025, which is reflected in the draft law with amendments to the republican budget.

27.12.2025, 18:40
Economy

In Bishkek, they plan to increase the average living space to 22 sq.m per person.

- As stated in the master plan, by the beginning of 2025, this indicator will reach 14 square meters per person. According to the document, by 2050, the construction of 24,804 thousand square meters of new housing is planned in Bishkek, which will increase the total housing stock of the city to 42,240.9 thousand square meters. The largest amount of construction work is expected in the Leninsky and Oktyabrsky districts due to the implementation of previously approved projects.

27.12.2025, 17:03
President: Housing under state mortgage remains affordable, the government covers inflation
Economy

President: Housing under state mortgage remains affordable, the government covers inflation

At the IV People's Kurultai, held on December 26 in Bishkek, Sadyr Japarov spoke about the state mortgage program. President Japarov mentioned that delegate Saadatbek Kusegenov raised the issue of high housing prices offered by the State Mortgage Company (GIK). Japarov reminded that in 2021 and 2022, the government invited private construction companies to participate in the program, offering to build apartments at a price of 600–700 dollars per square meter, but the companies rejected

27.12.2025, 15:00
Economy

China's Accumulated Investments in the Manufacturing Industry of the Eurasian Region Grew from $5 Billion to $14.5 Billion by 2025

According to analysts from the Eurasian Development Bank (EDB), the structure of Chinese investments in the Eurasian region is undergoing significant changes, which will be relevant in 2025. Several key trends are highlighted in the analysis of Chinese direct foreign investments (FDI) in this region, particularly concerning economic sectors.

27.12.2025, 14:54
In Kyrgyzstan, 291 social facilities were put into operation in 2025
Economy

In Kyrgyzstan, 291 social facilities were put into operation in 2025

15.5 billion soms were allocated for their construction and repair According to information provided by the press service of the Ministry of Construction, Architecture, and Housing and Communal Services, in 2025, 15.5 billion soms were allocated from the republican budget for the construction and major repair of socio-cultural facilities. This amount exceeds the corresponding figure for 2024 by 33.6%.

27.12.2025, 14:28