Modern technologies help eliminate barriers to business development
April 24, 2019
In the near future, Kyrgyzstan’s digital economy development will be conducted in three priority areas, President Sooronbai Jeenbekov said at the first telecommunications forum “Digital Kyrgyzstan: Regional Development”. The first one is aimed at the digital transformation of business processes in the financial and banking sector, as well as the improvement of the efficiency and competitiveness of domestic companies.
Kyrgyzstan, Russia expand direct dialogue between business communities
March 30, 2019
More than fifty agreements and contracts worth over $6 billion were signed at the 8th Kyrgyz-Russian Interregional Conference held in Bishkek on March 27-28.The conference was attended by Russian President Vladimir Putin and Kyrgyz President Sooronbai Jeenbekov, as well as more than 700 representatives of Russian and Kyrgyz companies, heads of regions and key economic departments.
Kyrgyzstan's subsoil users concerned about possible tax burden increase
February 23, 2019
IBC, mining enterprises and associations of the mining industry of Kyrgyzstan appealed to President Sooronbai Jeenbekov with a request to assist in solving problems in the subsoil use sector. The appeal is related to the recent decision of the Security Council on measures in the subsoil use.
Why public-private partnership doesn’t work in Kyrgyzstan?
September 20, 2018
There is too much talk and not enough action; the law isn’t working; there is a lack of projects - this is what many officials and businessmen say when asked about public-private partnership (PPP) in Kyrgyzstan. Why does such opinion arise? Is there a need to change it?
Investing today for a brighter future tomorrow
September 1, 2018
In light of the technological revolution we are witnessing today, the promise of education is becoming even more important, Lilia Burunciuc, World Bank Regional Director for Central Asia believes.
President of Kyrgyzstan addresses the Parliament and nation
June 28, 2018
“It is necessary to stop groundless interference of inspection bodies in business affairs. If they [inspection bodies] prefer to perform the functions of a partner rather than a punitive body, then there will be good business conditions,” President Jeenbekov said.
Kyrgyzstan building effective partnerships with international donors
April 27, 2018
On behalf of the business community, IBC Executive Director Askar Sydykov suggested international donors to support Kyrgyzstan in carrying out reforms in the judicial system, as well as in key sectors of the country's economy including tourism, mining, and banking.
Kyrgyzstan and UK building stronger trade and investment ties
March 2, 2018
"It is difficult for us to expect the arrival of an investor who would immediately create enterprises here and invest in them. This is especially true for Western investors who are much more cautious," IBC Executive Director Askar Sydykov said at the presentation of the UK Trade Mission.Therefore, it is necessary to build ties with entrepreneurs, starting with small steps.