The process of restructuring Barqi Tojik power holding (Tajikistan’s national integrated power company) is expected to be completed this year. “Joint-stock companies “Transmission Business” and “Distribution” will b...
In the previous years, tax debts of Barqi Tojik (Tajik power utility company) have reached 300 million somoni, Barqi Tojik top manager Mirzo Ismoilzoda told reporters in Dushanbe on February 12. “However, due to support of the govern...
As of January 1, 2020, Barqi Tojik power holding (Tajikistan’s national integrated power company) owes 1.3 billion somoni (equivalent to more than 135 million U.S. dollars) to Open Joint-Stock Company (OJSC) Sangtudinskaya GES-1, which operates the ...
The Asian Development Bank (ADB) has approved the establishment of ADB Ventures, a new venture platform that will support and invest in startups offering impact technology solutions that contribute to the achievement of the Sustainable Development Goals (...
Over the past year, Tajik national air carrier Tajik Air has been forced to say goodbye to nearly half of its employees “Last year, a total number of Tajik Air’s employees was 525 people. As of January 20 this year, their numbe...
The Microloan Fund (MLF) IMON has got a license to offer services to its customers through Islamic banking windows. The National Bank of Tajikistan (NBT) granted a license to offer services through Islamic banking windows to MLF IMON on January ...
Mr. Masatsugu Asakawa assumed office as the 10th President of the Asian Development Bank (ADB) on January 17, succeeding Mr. Takehiko Nakao, who stepped down on January 16. "I am honored to assume the role of ADB President and to begin working in
The Majlisi Namoyandagon (Tajikistan’s lower chamber of parliament) today enhanced amendments proposed by the government to the country’s law on privatization of state-owned properties. The amendments, in particular, provides f...
The government has written off the country’s power utility company’s debt in the amount of 10 million U.S. dollars (USD). The amount written off will be included in the company’s authorize capital. Government&...
The Tajik civil aviation authorities have denied rumors about the possible bankruptcy of the national air carrier Tajik Air as absolutely unfounded. “The financial situation of Tajik Air is getting better and it is gradually r...
President Emomali Rahmon has inaugurated a new head office of Amonatbonk (Tajikistan’s savings bank) in Dushanbe. An official opening ceremony of the new 10-story head office of Amonatbonk with a two-story underground garage took place on Decemb...
Tajik national air carrier, Tajik Air, has resumed flights to New Delhi. According to the press center of the Open Joint-Stock Company (OJSC) Tajik Air, the national air carrier resumed flights to the Indian capital yesterday m...
Samples of three models of minivans are expected to appear on Tajik capital’s roads soon. The model, which will be most liked by residents of Dushanbe, will be launched into mass production. A regular sitting of the Majlisi Namoyandagon (T...
Kazakhstan has begun supplying helicopters of its own assembly to Tajikistan for Somon Air, Tajikistan’s first privately owned air carrier. Keys to the Airbus H125 helicopter assembled in Kazakhstan have been handed over to represent...
Radio Liberty’s Tajik Service says the Tajik Government has exempted China’s Xinjiang Tebian Electric Apparatus Stock Co. Ltd (TBEA) from paying value added tax (VAT) and customs duties on equipment and technology being imported into the co
Over the first eight months of this year, Tajikistan has earned more than 76.5 million somoni from supplying electricity to neighboring countries, which is 22.8 percent more than in the same period last year, according to the Agency for Statistics under t...
Closed Joint-Stock Company (CJSC) Faroz reports the sale of property, the dismissal of workers, and the fulfillment of obligations. The document, Faroz holding company has provided to Asia-Plus , in particular, says that the company has lost competit...
Closed Joint-Stock Company (CJSC) Faroz has reportedly decided to go into voluntary liquidation. The company intends to announce its voluntary liquidation next week. Now it is only known that this is not a joke. CJSC Faroz has i...
Tajikistan has formally revoked a contract with China’s Henan Zhongya Holding Group, accusing it of failing to fulfill its obligations on rehabilitation of Tajikistan’s fertilizer plant. Tajik authorities are seeking new investors to reh...
Barqi Tojik (Tajikistan’s state-owned power utility company) says its receivables have increased by nearly 140 million somoni in six months to June 30, 2019, reaching 2.5 billion somoni (equivalent to some 265 million U.S. dollars). ...