Economy

Construction of a road connecting to the Bishkek - Osh highway has begun in Manas

In Manas, located by the Kok-Art River, the implementation of a project for the construction of a new road has begun. It will connect the existing Bishkek — Osh highway with the Manas — Blagoveshchenka road, reports the press service of the Ministry of Transport. The length of the new section will be 9 kilometers, with a roadway width of 8 meters. The project includes sidewalks, bus stops, and street lighting. Currently, the work is at the initial stage, and earthworks are underway.

04.02.2026, 18:51
Kyrgyzstan has begun preparations for honey export to Europe
Economy / Exclusive

Kyrgyzstan has begun preparations for honey export to Europe

Kyrgyzstan has received official permission to export honey to the countries of the European Union. According to the Ministry of Agriculture, a meeting was held in this context with honey producers led by Adilet Sotovaldiyev, the director of the Veterinary Service, as well as livestock development, pastures, and feed. During the event, important aspects related to the creation of a roadmap for export, strengthening the position of Kyrgyz honey in the European market, and ensuring compliance of

04.02.2026, 18:40
Cryptocurrencies Lost $467 Billion Worldwide in a Week
Economy

Cryptocurrencies Lost $467 Billion Worldwide in a Week

Bitcoin alone lost more than 2.5 billion dollars Over the past week, the market capitalization of cryptocurrencies in the global market decreased by 476.6 billion dollars, according to information published by Bloomberg. According to data from CoinGecko, a sharp decline in the total market capitalization of cryptocurrencies has been observed since January 29. On February 3, some of them reached their lowest values since the beginning of 2024, including Bitcoin, which lost 2.5 billion dollars.

04.02.2026, 18:31
Free or Paid? What Kanaybek Tumanbaev Responded to the Traders of the Osh Market
Economy

Free or Paid? What Kanaybek Tumanbaev Responded to the Traders of the Osh Market

During the meeting of entrepreneurs with local authorities, important issues were discussed Today, February 4, a meeting took place at the Osh market, attended by Kanaybek Tumanbaev, who holds the position of head of the presidential administration. The main topic of discussion was the issues related to the relocation of the market to a new site, specifically the need to purchase trading spots. A new shopping center will be built on the road to the "Manas" airport, and work is

04.02.2026, 17:49
Economy

Deputy Head of the Cabinet Explained Why the US and Central Asia Need the "C5+1" Format

At the business forum "B5 +1" in Bishkek, the First Deputy Chairman of the Cabinet of Ministers, Daniyar Amangeldiev, noted that the "B5+1" format serves as a practical basis for implementing the agreements signed at the summit of Central Asian leaders and the USA in 2025. He emphasized that achieving the set goals requires the development of specific projects and partnerships.

04.02.2026, 17:45
Economy

Open Central Asia: Kyrgyzstan proposed to create a unified tourist brand

Today in Bishkek, within the framework of the business forum "B5+1: Central Asia - USA," Erdenet Kasymov, the director of the tourism department of the Ministry of Economy and Commerce of the Kyrgyz Republic, presented his concept for uniting the region into a single tourist destination. He noted that the integration of the tourism sector can significantly accelerate the economic development of all Central Asian countries.

04.02.2026, 17:15
Elon Musk Sets Historic Record: Net Worth Exceeds $850 Billion
Economy

Elon Musk Sets Historic Record: Net Worth Exceeds $850 Billion

Photo from the internet. Elon Musk The founder of SpaceX and xAI, Elon Musk, has become the first person in history whose net worth exceeded $800 billion. This information was provided by Forbes. According to the Forbes Real-Time Billionaires ranking as of February 4, 2026, Musk's net worth stands at $852.5 billion.

04.02.2026, 16:43
Tourism can become a driver of integration in Central Asia — Kasymov
Economy / Exclusive

Tourism can become a driver of integration in Central Asia — Kasymov

At a recent business forum B5+1 "CA - USA," Erdenet Kasymov, the director of the Tourism Department of the Ministry of Economy and Commerce, noted that the tourism industry could become an important catalyst for the integration of Central Asian countries. According to him, for international travelers, this region appears as a single entity, which presents a significant opportunity for cooperation among the countries of the region. Kasymov also pointed out the importance of the

04.02.2026, 16:23
Economy

The Dependence of Kyrgyzstan on Food Imports is Decreasing

According to the Ministry of Water Resources, Agriculture, and Processing Industry, by 2025 Kyrgyzstan has already ensured self-sufficiency in six out of nine main categories of food. Among the products that the republic produces independently, vegetables, melons, potatoes, milk, meat, sugar, and eggs can be highlighted. However, to meet the demand for bread, vegetable oil, fruits, and berries, the republic still relies on imports.

04.02.2026, 16:12
Kyrgyzstanis flew to South Korea for work
Economy

Kyrgyzstanis flew to South Korea for work

Workers were employed under the EPS system The Ministry of Labor, Social Security, and Migration of Kyrgyzstan announced the departure of a new group of workers to the Republic of Korea as part of the intergovernmental program for obtaining work permits (EPS). On February 3, 16 citizens of the Kyrgyz Republic left for Seoul after completing a specialized training course. This program, which has been in operation for 18 years, has helped more than 5,000 Kyrgyz citizens find jobs in South

04.02.2026, 16:06
Economy / Exclusive

Cattle Prices Rise in Batken: A Bull Brought to the Market for 280,000 Som

In recent days, there has been an increase in prices for cattle in the Batken region, ranging from 10,000 to 15,000 soms. This data was obtained as a result of price monitoring conducted by a Turmush correspondent. Additionally, local farmers report an increase in the prices of sheep and goats by an average of 3,000 to 4,000 soms. The cost of animals is influenced by their age, breed, and fatness.

04.02.2026, 16:06
Tumanbaev: A Park Will Be Established at the Site of the Osh Market
Economy

Tumanbaev: A Park Will Be Established at the Site of the Osh Market

On February 4, the Chief of Staff of the President of Kyrgyzstan, Kanibek Tumanbaev, met with representatives of the Osh market to discuss the details of the upcoming relocation and the future of the vacated territory. According to him, a modern park will be created on the site of one of the largest bazaars in the capital, and a new medical facility is planned to be built on the territory of the "Kiyal" market.

04.02.2026, 16:06
Economy

The Head of the Ministry of Economy of the Kyrgyz Republic Named the Main Priorities for Cooperation Between Central Asian Countries and the USA

At the business forum "B5 +1" taking place in Bishkek, the Minister of Economy and Commerce of Kyrgyzstan, Bakyt Sydykov, emphasized that the "B5+1" initiative creates an opportunity for entrepreneurs from Central Asia to directly convey their proposals to governments and international partners. The forum includes five countries from the region: Kazakhstan, Kyrgyz Republic, Tajikistan, Turkmenistan, and Uzbekistan, as well as the USA. Sydykov noted that this platform

04.02.2026, 16:06
Economy

The deputy proposed to start producing solar panels in Kyrgyzstan.

During a session of the Jogorku Kenesh, Deputy Altynbek Kylchayev proposed the establishment of a solar panel manufacturing plant in Kyrgyzstan. He emphasized that investments are currently being actively attracted for the installation of such panels. The parliamentarian noted that the main raw material for production is quartzite, of which the country has reserves of about 340,000 tons. According to him, requests for the installation of solar panels are coming in from various regions. The

04.02.2026, 15:35
Economy

"At Least 40 Thousand". Why Rental Prices in Bishkek Have Detached from Reality

Finding a one-room apartment in Bishkek for less than 40,000 soms is becoming an almost impossible task. The average salary in the capital is about 55,000 soms, according to data from the National Statistics Committee, which makes housing rental the main expense for city residents. As a result, there is less and less left for other living expenses. Current Rental PricesRealtors report that one-room apartments are in the highest demand.

04.02.2026, 14:58
Chief Bakyt Sadykov outlined three main priorities for the development of the CA.
Economy

Chief Bakyt Sadykov outlined three main priorities for the development of the CA.

At a meeting with representatives of the business circles of Central Asia and the USA, the minister emphasized that the B5+1 format symbolizes a new stage in regional interaction. He noted that business is becoming the main driver of change, gaining the opportunity to directly express its proposals to governments and international partners.

04.02.2026, 14:47
Turkish Agro Companies Plan to Invest in Kyrgyzstan's Agriculture
Economy / Exclusive

Turkish Agro Companies Plan to Invest in Kyrgyzstan's Agriculture

At the Ministry of Water Resources, Agriculture, and Processing Industry, a meeting was held with a delegation of agribusiness companies from Turkey. They expressed interest in implementing investment projects on the territory of Kyrgyzstan. The organization of this meeting was made possible thanks to the support of the Ministry of Foreign Affairs and the Consulate General of the Kyrgyz Republic located in Antalya.

04.02.2026, 14:43
Economy

The USA is Relaunching its Economic Strategy in Central Asia

In the coming years, the United States intends to strengthen its economic influence in Central Asia. This was announced by the U.S. Special Representative for South and Central Asia, Sergio Gor, during the B5+1 forum held in Bishkek. Gor emphasized that this region has once again become an important part of U.S. foreign economic policy since Donald Trump came to power. "The main driver of cooperation will be the private sector, rather than intergovernmental agreements," he added.

04.02.2026, 14:31
Economy

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

Over the past week, the global cryptocurrency market capitalization has decreased by nearly $467.6 billion, with the largest losses in Bitcoin, Bloomberg reports. According to CoinGecko data, since January 29, the cryptocurrency market has experienced a sharp decline. On February 3, the price of Bitcoin fell to its lowest levels since November 2024, when Donald Trump was re-elected, and the new administration began actively supporting the crypto industry.

04.02.2026, 14:29
KR demonstrates accelerated rates of attracting foreign direct investment
Economy

KR demonstrates accelerated rates of attracting foreign direct investment

According to the Eurasian Development Bank, Kyrgyzstan is demonstrating a growth in foreign direct investment (FDI) from countries in the Eurasian region, which is nearly three times higher than the average level for this region. Over the past year and a half, the volume of accumulated investments from countries in the Eurasian region has increased by 21 percent, while the average growth for the region was only 6.2 percent, as stated in the EDB report.

04.02.2026, 14:23
Economy

Creating an application for product authenticity verification is proposed in Kazakhstan

In Kazakhstan, an initiative has emerged to create a mobile application and platform for verifying the authenticity of goods, presented by Mazhilis deputy Marhabat Zhaimbetov. He emphasized the problem of the spread of counterfeit and illegally imported products. According to Zhaimbetov, legal manufacturers and official distributors are facing a growing shadow market, which negatively impacts the economy. “This is not just a violation of the law, but a serious threat to fair competition and

04.02.2026, 14:12
Economy

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

OJSC "Aiyl Bank" announced the change of its official name to OJSC "ABank". This decision was made at an extraordinary shareholders' meeting held on February 2. According to the information, the shareholders unanimously supported the new version of the bank's charter. After all necessary re-registration procedures are completed with the state authorities, the financial institution will begin operating under the new name.

04.02.2026, 13:34
Economy

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

OJSC "Electric Stations" has announced its plans for the modernization of key energy facilities in 2026, based on information provided by the Ministry of Energy. In the spring, the commissioning of the second hydro unit at the Kambar-Atynska HPP-2 will begin. This stage is part of the ministry's program aimed at the phased increase of generating capacities. At the same time, the reconstruction of two hydro units at the Uch-Kurgan HPP is planned. Work on unit No. 2 will start in

04.02.2026, 12:58
Economy

In the EAEU countries, business protection in antitrust investigations has been strengthened

According to the latest changes adopted by the Council of the Eurasian Economic Commission, businesses in the EAEU countries now receive more reliable protection within the framework of antitrust investigations. These changes pertain to the process related to the consideration of competition cases in cross-border markets. The press service of the EEC reports that at the conclusion of an antitrust investigation, the defendant will now receive clear conclusions regarding the charges brought

04.02.2026, 12:57
The comprehensive modernization of the hydropower cascade in Kyrgyzstan continues
Economy / Exclusive

The comprehensive modernization of the hydropower cascade in Kyrgyzstan continues

The Ministry of Energy of Kyrgyzstan is actively working on a number of projects aimed at improving the efficiency and reliability of hydroelectric power stations. According to the agency, in 2026, the Open Joint Stock Company "Electric Stations" plans to carry out important work at several energy facilities. In particular, the commissioning of the second hydro unit of the Kambaratinskaya HPP-2 is expected in the spring. This stage is part of the ministry's programs aimed at the

04.02.2026, 12:34
Bishkek Became the Venue for the B5+1 Business Forum – Photo Report
Economy / Exclusive

Bishkek Became the Venue for the B5+1 Business Forum – Photo Report

The B5+1 business forum has started in Bishkek, which will last for two days. This event has brought together delegates from the business communities and government institutions of Central Asia and the USA. The goal of the forum is to strengthen the position of the private sector in economic transformations and to develop cooperation between the regions. Within the agenda, participants will discuss 21 recommendations formulated at the first B5+1 forum, which took place in Almaty in 2024, and

04.02.2026, 12:27
Kyrgyzstan Considers SWIFT as a Key Element of Financial Stability — Amangeldiev
Economy / Exclusive

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

At the "B5+1" forum, Daniyar Amangeldiev, the First Deputy Chairman of the Cabinet of Ministers, noted that the format of this platform could serve as a practical tool for interaction with the United States on issues of standards, independent audits, compliance, and international regulation. He emphasized that Kyrgyzstan is open to joint discussions and pilot projects with American regulators and technology partners.

04.02.2026, 12:05
Economy

The state "Aiyl Bank" will change its name

As a result of an extraordinary general meeting of shareholders held on February 2, OJSC "Aiyl Bank" decided to change its name to "ABank." This information was published by the Kyrgyz Stock Exchange. At the meeting, the main agenda item was the approval of a new version of the charter related to the bank's renaming. Shareholders approved the updated charter of OJSC "ABank" and made a decision on the necessity of re-registration with the jurisdictional

04.02.2026, 12:04
Economy

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

In Bishkek, a two-day B5+1 business forum has kicked off, gathering representatives from the business community and government structures of Central Asian countries and the United States. As part of this event, a press conference was held featuring the U.S. Special Representative for South and Central Asia, Sergio Gor, and heads of delegations from all Central Asian states. According to the Minister of Economy and Commerce of Kyrgyzstan, Bakyt Sadykov, the B5+1 format marks a new stage in

04.02.2026, 11:58
How and When to Submit the Unified Tax Declaration for 2025
Economy / Exclusive

How and When to Submit the Unified Tax Declaration for 2025

The State Tax Service has announced the start of its campaign for the acceptance of the unified tax declaration for 2025. According to information from the agency, this campaign 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, 11:38
In Kyrgyzstan, total control over alcohol and forests is being implemented
Economy

In Kyrgyzstan, total control over alcohol and forests is being implemented

Among the main trends in February, one can highlight the increase in digital control in the trade sector and simultaneous measures to ease conditions for exporters. In the field of logistics, a significant innovation will be the mandatory use of electronic navigation seals. Starting from February 11, the transportation of alcohol and tobacco will come under strict digital control – these seals will record the routes of goods during import and export within the framework of the Eurasian

04.02.2026, 11:34
Exchange rates in commercial banks of Kyrgyzstan as of February 4
Economy

Exchange rates in commercial banks of Kyrgyzstan as of February 4

Information about exchange rates was obtained from the official websites of commercial banks. If you have any questions, it is recommended to contact the respective banks directly. The data is current as of the time of publication. The indicated rates pertain to cash exchange and may change throughout the day.

04.02.2026, 11:09
Economy

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

According to information provided by the information support department of the Cabinet of Ministers, Tilek Asanov has been relieved of his position as the director of the state enterprise "Single Window Center" in the field of foreign trade under the State Customs Service. This decision was made by the Chairman of the Cabinet of Ministers, Adylbek Kasymaliev, who also signed a decree appointing Indira Sharshenova as the director of this enterprise.

04.02.2026, 11:08
The business forum "B5+1" has started in Bishkek
Economy

The business forum "B5+1" has started in Bishkek

The forum is organized by the Center for International Private Enterprise (CIPE) with the active participation of the Cabinet of Ministers of the Kyrgyz Republic. It symbolizes the transition of the "B5+1" format from one-off meetings to a more sustainable process of regional economic integration. The forum attracted high-profile delegates from the governments of Kyrgyzstan, Kazakhstan, Uzbekistan, Tajikistan, Turkmenistan, and the USA, as well as representatives from international

04.02.2026, 10:48
By the end of 2026, it will be possible to import 5,000 tons of meat duty-free into the KR.
Economy

By the end of 2026, it will be possible to import 5,000 tons of meat duty-free into the KR.

Kyrgyzstan has successfully achieved significant economic concessions within the framework of the Eurasian Economic Union (EAEU). The head of the EAEU coordination department of the country's Ministry of Economy, Elimbek Kanybek uulu, announced at a press conference at the "Kabar" agency that, at Kyrgyzstan's initiative, tariff concessions have been introduced for a number of key goods, allowing them to be imported without paying customs duties.

04.02.2026, 10:45
Economy / Exclusive

The first wind power plant in Kyrgyzstan has started generating energy

The first wind power plant has started its operations in Kyrgyzstan and has already begun supplying megawatts to the country's energy system. This was reported on social media by Kundus Kyrbashova, the head of the Association of Green Stations. “We are transitioning from theory to practical energy generation, which opens a new chapter in the development of wind energy in our country. It is especially pleasing that this project has been implemented by the Kyrgyz company ‘Metrum TEK,’” she

04.02.2026, 10:42