Economy

The second stage of the auction for the sale of assets of OJSC "Ala-Too Resort" has begun

At a press conference held today, the chairman of the board of JSC Zharkynbek Maksutov announced the start of the second stage of the auction concerning the sale of assets of the company "Ala-Too Resort". The first stage of the auction took place in June 2025, during which 14 out of 49 lots were successfully sold. The remaining lots, including hotels of various categories—from two to five stars—will be offered in the current stage.

23.03.2026, 11:17

Economy

Exchange Rates in Commercial Banks on March 23: Ruble Price Decreased, Dollar Slightly Increased

The National Bank of Kyrgyzstan presents the exchange rates for March 23: The dollar exchange rate has slightly increased, while the euro and ruble have shown a decrease, indicating an appreciation of the national currency.

23.03.2026, 11:14

Economy

Agricultural Census in Kyrgyzstan. Hotline Numbers Announced

With the start of the agricultural census in Kyrgyzstan, a hotline has been opened where citizens can receive consultations. This was reported by the press service of the Ministry of Water Management and Agriculture. As part of this initiative, all interested parties will be provided with up-to-date explanations on various issues related to the census, including the procedure for participation and the deadlines for conducting it, as well as other important details.

23.03.2026, 11:12

Economy

Bishkek Resident Develops Soap Production with an Author's Technology

In Bishkek, a married couple is working on creating handmade soap, focusing not only on its quality but also on its originality as a gift.

23.03.2026, 11:02

Economy

"Kyrgyzkomur" can now independently carry out overburden operations in the areas

The state enterprise "Kyrgyzkomur" has begun to independently carry out overburden works at its deposits. This was reported by Deputy General Director Rustam Sadyraliev in an interview on "Birinchi Radio." According to Sadyraliev, the company now has the capability to conduct these works without involving contracting organizations, which has become possible due to the acquisition of new equipment. Previously, for the extraction and removal of rock, "Kyrgyzkomur"

23.03.2026, 10:37

Economy

Exchange rates in commercial banks of Kyrgyzstan on March 23

Information is gathered from the resources of commercial banks. If you have any questions regarding the presented data, it is recommended to contact the banks directly. The data is current as of the time of publication. The indicated rates apply to cash currency exchange and may change throughout the day.

23.03.2026, 10:10

Economy

State Enterprise "Dan" resumes operations after modernization

The state enterprise "Dan" is resuming its operations after modernization, which is being carried out with the support of the government. This information was provided by the Ministry of Water Resources, Agriculture, and Processing Industry. Let us remind you that the production of pasta at this enterprise was launched in December 2025. Furthermore, in the second quarter of 2026, the reconstruction of the mill is planned to be completed, which will be able to process up to 150 tons of

23.03.2026, 10:09

Economy

Halal Industry in Kyrgyzstan. Does the label mean actual compliance with Islamic norms?

Today, the halal industry represents a dynamically developing sector with billion-dollar turnovers that continues to gain popularity. Kyrgyzstan is actively participating in this process; however, the situation requires significant efforts, as the "halal" label is widespread, but this does not always guarantee compliance with Sharia standards. In 2023, global Islamic finance assets reached $4.93 trillion, and according to forecasts, this figure is expected to grow to $7.53 trillion by

23.03.2026, 10:08

Economy

Kyrgyzstan Gained Access to the Export of Frozen Fruits to China

According to information provided by the Ministry of Water Resources, Agriculture, and Processing Industry, enterprises in Kyrgyzstan have gained the opportunity to export frozen fruits to China by registering in the GACC (CIFER) system. The General Administration of Customs of China has approved the registration of local producers, and for frozen products, a separate quarantine permit is not required, unlike for fresh products.

23.03.2026, 09:38

Economy

In Kazakhstan, a new housing renovation model with state guarantees is being implemented

A new mechanism is being implemented in the country aimed at demolishing old and emergency housing, which is intended to protect the rights of property owners and accelerate the process of updating the housing stock. One of the main aspects of the new scheme will be the participation of the Kazakh Housing Company (KZhK) as a guarantor for the completion of construction. According to a plan developed in collaboration with the relevant ministry, the state will undertake the obligation to

23.03.2026, 09:24

Economy

The Ruble is Rapidly Falling, Other Currencies Have Also Decreased in Value. Exchange Rates for March 23

Photo from the internet. Over the past week, the Russian ruble has lost 5.67% of its value Amid general trends, all major currencies have weakened against the som. The Russian ruble continues its sharp decline, losing almost 2.5% in one day. The US dollar, breaking its stability, has slightly decreased. This data was provided by the National Bank of Kyrgyzstan and exchange points in Bishkek. US Dollar Exchange Rate:

23.03.2026, 09:18

Economy

Exchange Rates at the Moscow City Duma on March 23: Dollar Increased in Price, Ruble Decreased in Value

The morning exchange rates at the currency exchange points on the Moscow City Council on March 23 can be viewed as follows:

23.03.2026, 09:13

Economy / Exclusive

Exchange rates in exchange offices on March 23

Information about the current exchange rates of foreign currencies operating in exchange offices and commercial banks has been published on the website valuta.kg. As of March 23, the currency exchange rates in the capital of Kyrgyzstan, Bishkek, are presented below:

23.03.2026, 09:06

Economy

Excise Taxes Without Exceptions: The State Tax Service on Beverages and "Baby Food"

Starting from January 1, 2026, all non-alcoholic beverages classified under the HS code 2202 in the Kyrgyz Republic will be subject to excise tax, regardless of their status as baby food. This statement was made by the State Tax Service (STS). According to the STS, the excise tax will affect various types of beverages, including mineral and carbonated waters that contain sugar, sweeteners, or flavorings. The excise tax for this category will remain at 3 soms per liter.

23.03.2026, 08:57

Economy

Former employee of Gazprom Kyrgyzstan LLC appointed to the EEC authorities

Amanat Ishimov, who previously worked at Gazprom Kyrgyzstan LLC, is now the Deputy Director of the Department of Competition Policy and Public Procurement Policy at the Eurasian Economic Commission. This was announced in a press release from the EEC. Photo from the EEC press service. Amanat Ishimov appointed Deputy Director of the Department of Competition Policy and Public Procurement Policy of the EEC

23.03.2026, 08:29

Economy

"Kyrgyzkomur" has begun preparations for the autumn-winter period of 2026-2027.

The Deputy General Director of the State Enterprise "Kyrgyzkomur," Rustam Sadyraliev, reported on the air of "Birinchi Radio" that five new coal deposits were opened in Kyrgyzstan last year, while in 2024 their number amounted to three. According to Sadyraliev, about 30 licenses for coal extraction have been issued, which are granted based on decisions of the Cabinet of Ministers.

23.03.2026, 08:26

Economy

In Kyrgyzstan's foreign trade turnover, China has the largest share - EAEU

According to the macro review prepared by the Eurasian Development Bank, China holds a leading position in Kyrgyzstan's foreign trade turnover. By the end of 2025, the volume of foreign trade of the republic amounted to $15.8 billion, which is a decrease of 10.2% compared to the previous period.

23.03.2026, 08:17

Economy

Tax on Non-Alcoholic Beverages and Baby Food: The GSN Explained Why an Excise Tax Was Introduced

Problems with unscrupulous suppliers have led to the need for new measures The State Tax Service (GSN) has provided clarifications regarding the introduction of an excise tax and mandatory labeling of non-alcoholic beverages that may be classified as baby food. Starting January 1, 2026, the excise tax will apply to non-alcoholic beverages, including mineral and carbonated waters containing sugar, sweeteners, or flavorings, classified under the HS code 2202. These beverages will be required to

23.03.2026, 08:14

Economy / Exclusive

Clarification from the State Tax Service on Excise and Labeling of Non-Alcoholic Beverages

According to the latest clarifications from the State Tax Service of the Kyrgyz Republic, starting from January 1, 2026, all non-alcoholic beverages classified under the HS code 2202 and having a registration certificate as baby food will be subject to excise tax and must be labeled with excise stamps. This applies to beverages such as mineral and carbonated waters that contain sugar, sweeteners, or flavor and aroma additives. As reported by the agency's press service, this measure will

22.03.2026, 20:10

Economy

IEA calls for a ban on air travel due to the war in the Middle East

The International Energy Agency (IEA) strongly recommends abandoning air travel and the use of gas stoves in light of the military actions in the Middle East. In its new report, the organization proposes a number of measures for governments aimed at fuel conservation and mitigating the negative impact of rising energy resource prices.

22.03.2026, 13:36

Economy

Iran has issued the largest denomination in the country's history - 10 million rials

The Central Bank of Iran has announced the issuance of a new banknote, which is the largest in the country's history — 10 million rials. This was reported by the Financial Times.

22.03.2026, 13:27

Economy / Exclusive

Memorandums in the Energy Sector Signed Between the Ministry of Energy of the Kyrgyz Republic and Companies from India

As part of the Bharat Electricity Summit 2026, the Minister of Energy of the Kyrgyz Republic, Talaybek Ibraev, held meetings with leaders of key energy and technology companies from India, such as KEC International Limited, NHPC Limited, NTPC Limited, and CraticAI Services Private Limited. This was reported by the press service of the Ministry of Energy of the Kyrgyz Republic. During these meetings, the possibilities for implementing investment projects in the energy sector of Kyrgyzstan were

22.03.2026, 13:19

Economy

Ministry of Economy: In Kyrgyzstan, meat prices decreased by 5.1 percent in February

In February 2026, a decrease in prices for meat products by 5.1 percent was recorded in Kyrgyzstan, despite an overall rise in meat prices on the global market. This data was presented in an analysis by the Ministry of Economy and Commerce, which studied the dynamics of consumer prices. According to the report, the decline in meat prices had an impact on the overall level of inflation, reducing it by 0.7 percentage points.

22.03.2026, 10:59

Economy

More than 700 settlements in the Kyrgyz Republic will receive new water supply systems

In the Kyrgyz Republic, the implementation of an ambitious program aimed at improving the infrastructure of rural settlements has begun. The Department of Drinking Water Supply and Wastewater, operating under the Ministry of Water Resources, Agriculture, and Processing Industry, plans to introduce new water supply systems in 773 villages across the country starting in 2026. The goal of the program is to provide the population with quality drinking water and modern wastewater systems.

22.03.2026, 10:39

Economy

Inside the MBANK Contact Center: How They Work with Clients and Fraud

On March 19, dedicated to clients, MBANK opened the doors of its contact center for media representatives — one of the few places where access is usually restricted. The ban on the use of phones and other gadgets is explained by the need to protect personal data.

22.03.2026, 10:10

Economy

How Authorities Plan to Save Kyrgyzstan's Fish Stocks from Poachers

During a plenary session of the Jogorku Kenesh of the Kyrgyz Republic, Bolotbek Borbiev emphasized the issue of poaching, particularly in the Toktogul Reservoir. He noted that the use of banned Chinese synthetic nets poses a serious threat to the fish stocks in this region.

22.03.2026, 09:49

Economy / Exclusive

Kyrgyzstan and India Discussed Expanding Cooperation in Energy

As part of the Bharat Electricity Summit 2026, a meeting took place between the Minister of Energy of the Kyrgyz Republic, Talaybek Ibraev, and his Indian counterpart, Manohar Lal. According to information provided by the ministry, the parties noted the friendly nature of Kyrgyz-Indian relations at the meeting and emphasized the need to deepen cooperation in the field of energy, which is an important area of their interaction.

21.03.2026, 17:11

Economy

Kazakhstan Introduced a Temporary Ban on Meat Imports from Russia

Due to the deterioration of the epizootic situation in Russia, the Ministry of Agriculture of Kazakhstan has announced the introduction of temporary restrictions on the import and transit of live animals and livestock products from the Russian Federation. This measure is aimed at protecting the territory of the country from the potential introduction of infectious diseases.

21.03.2026, 14:35

Economy

Bishkek's Grocery Basket as of March 21. What Has Increased in Price the Most

This week in Bishkek, there has been an increase in prices for tomatoes, apples, pears, milk, eggs, and vegetable oil, while buckwheat, potatoes, cucumbers, peppers, onions, and cabbage have become cheaper. As a result, the price of the minimum grocery set has increased by 375 soms and amounted to 7,665 soms.

21.03.2026, 13:27

Economy

EABR: "The Middle Path" for Central Asia's Energy is Cheaper than "Green Maximalism"

In its latest report, the EABR emphasizes that by 2030, electricity consumption in Central Asia is expected to grow by 40%, leading to the need to commission 62.8 GW of new capacity by 2035. In this regard, bank experts recommend following the "middle path" strategy, which offers a balanced approach that combines both the modernization of traditional generation and the development of renewable energy sources (RES). According to calculations, this approach could be 30-45% more

21.03.2026, 12:31

Economy

In Naryn, agricultural clusters are being created for 2 billion soms

As of today, initiatives are being implemented in the Naryn region to create clusters encompassing meat and dairy production, honey, feed, and fruits, with a total cost of nearly 2 billion soms. This was reported by President Sadyr Japarov during the celebration of Nowruz. Photo by the press service of the president

21.03.2026, 12:27

Economy

The railway China - Kyrgyzstan - Uzbekistan is planned to be launched in 2030.

During the celebration of Nowruz in the Naryn region, President Sadyr Japarov emphasized that the completion of the railway construction between China, Kyrgyzstan, and Uzbekistan will allow the country to transition from a "dead end" status to a transit state. In his opinion, the launch of this highway is expected around 2030.

21.03.2026, 12:04

Economy

The European Union did not import oil products from Russia for the first time in history in January.

For the first time in its history, the European Union did not import petroleum products from Russia in January 2026. This data was presented by Eurostat, which has been publishing trade information since 1999. Against this backdrop, Saudi Arabia, the USA, the UK, India, and Singapore have become the main suppliers of petroleum products to the EU.

21.03.2026, 11:38

Economy

Iraq Declares Force Majeure on Oil Fields Developed by Foreigners

A state of force majeure has been declared in Iraq for all oil fields under the control of foreign companies. This is reported by Reuters, citing sources in the Iraqi Ministry of Oil. The reason for this decision is the military conflicts in the Middle East region, which have disrupted navigation in the Strait of Hormuz. This, in turn, has led to the blockage of significant volumes of Iraqi oil exports.

21.03.2026, 11:13

Economy

EADB Highlights Kyrgyzstan's Achievements in Sustainable Development

The report of the Eurasian Development Bank (EDB) indicates that Kyrgyzstan ranks 47th in the global Sustainable Development Goals index and 78th in the Energy Transition Index (ETI), which is published annually by the World Economic Forum (WEF). These data highlight the country's achievements in the field of energy in Central Asia. According to the authors of the report, Kyrgyzstan demonstrates higher results compared to Kazakhstan and Tajikistan. This indicates progress in sustainable

21.03.2026, 10:41

Economy

Threat of a Global Energy Crisis. The US Treasury Lifted Sanctions on Iranian Oil for a Month

The U.S. Department of the Treasury has decided to temporarily suspend sanctions on Iranian oil for a period of 30 days. This information is contained in a general license published by the agency. According to the announcement, restrictions on the trade of oil and petroleum products from Iran will be lifted until April 19. This applies to shipments that were loaded and in transit as of March 20.

21.03.2026, 09:02

Economy

Oil may break the 2008 record amid the conflict with Iran

Analysts from Saudi Arabia predict that the price of oil could rise above $180 per barrel if tensions surrounding Iran persist until the end of April. This statement was published in The Wall Street Journal. According to their calculations, Saudi Arabia is currently selling oil through the Red Sea at a price of about $125 per barrel. As stockpiles decrease, the price could rise to $138-140.

20.03.2026, 21:06

Economy

About $2 million. Iran has started charging a fee for passage through the Strait of Hormuz.

The authorities of Iran have begun charging a fee for passage through the Strait of Hormuz, organizing a special safe route for tankers that have received the appropriate permission. According to the British shipping magazine Lloyd’s List, this step was prompted by the need to control the passage of vessels in this strategically important waterway. Photo from the media. On the left, the standard route through the Strait of Hormuz, and on the right, the new route through Larak Island

20.03.2026, 19:09

Economy

This is the market. In Minvodselsprom, they acknowledge that meat prices cannot be regulated.

Munarbek Kanybek uulu, head of the Chui Regional Department of the Ministry of Water Resources, Agriculture, and Processing Industry, stated on the air of "Birinchi Radio" that it is impossible to fully control the situation with meat prices. According to the expert, despite the government's efforts to curb prices, market conditions continue to have a significant impact on price formation.

20.03.2026, 16:26

Economy

Will the prices for baby food and non-alcoholic beverages rise again in Kyrgyzstan?

The State Tax Service has announced the introduction of excise taxes Starting from January 1, 2026, baby food and non-alcoholic beverages in Kyrgyzstan will be subject to excise taxes and must be labeled with the appropriate excise stamps. This was reported by the State Tax Service. This measure was approved by the Cabinet of Ministers in 2022. All unlabeled products for children must be sold out by May 1, 2026. Previously, the STS noted that after the introduction of excise taxes on alcoholic

20.03.2026, 14:39

Economy

In the Issyk-Kul region, the first asphalt paving works of 2026 have begun

This year, asphalt paving works have begun in the Issyk-Kul region. This was reported by the press service of the Ministry of Transport and Communications.

20.03.2026, 13:32

Economy

Deputy: Electricity tariffs for mosques want to be equated with tariffs for commercial premises

As reported by Deputy Tabyldy Muratbekov, it is planned to set electricity tariffs for mosques at a level similar to that of commercial premises. At a meeting of the Jogorku Kenesh, he strongly urged against making such changes. According to him, this notification was sent to the mosques of the Tyup district by the ministry.

20.03.2026, 11:54

Economy

Goar Barsegyan Calls on EAEU Business to Create Supranational Projects

During a recent congress of Eurasian associations of technological platforms, new approaches to integration and industrial interaction were discussed. Participants, including experts and representatives of government structures, exchanged views on cooperation with the Eurasian Economic Commission (EEC), as well as the implementation of supranational regulatory mechanisms and the further evolution of the association institute. One of the key topics was the development and implementation of

20.03.2026, 11:44

Economy

A Meat Cluster Worth 1.5 Billion Som is Being Launched in the Chui Region and Bishkek

The Ministry of Water Resources, Agriculture, and Processing Industry of the Kyrgyz Republic has announced the launch of a pilot project aimed at developing a meat cluster. The project envisions the formation of a modern production cycle in Bishkek and the Chui region, covering all stages—from fattening cattle to processing and selling finished products.

20.03.2026, 11:15

Economy

The Ministry of Agriculture checked the potato markets and announced the real situation with prices

The Veterinary and Phytosanitary Control Service in Kyrgyzstan conducted a monitoring of potato sales at the largest markets in the country. This inspection was organized at the initiative of Erlis Akunbekov, Deputy Chairman of the Cabinet of Ministers and Minister of Agriculture. The main task of the raids was to identify unscrupulous intermediaries who might pass off Chinese products as local ones. Specialists confirmed the presence of potatoes from China on the shelves; however, no cases of

20.03.2026, 09:02

Economy

The GNS reminded about the requirements for children's drinks in the KR

Starting from January 1, 2026, in the Kyrgyz Republic, non-alcoholic beverages that are registered as children's food will be subject to excise tax and must be labeled with excise stamps, according to a reminder from the State Tax Service.

19.03.2026, 18:27

Economy

Children's Drinks to Be Subject to Excise Tax: Mandatory Labeling Introduced

Starting from January 1, 2026, new rules for non-alcoholic beverages intended for children will come into effect in Kyrgyzstan. This was reported by the State Tax Service, clarifying that an excise tax and mandatory labeling will be introduced for such products. This requirement stems from the resolution of the Cabinet of Ministers dated February 22, 2022, according to which excise is applied to products registered as baby food, as well as to goods classified under customs code 2202.

19.03.2026, 17:25

Economy

In Kyrgyzstan, the rise in sunflower oil prices continues

Since the beginning of the year and until March 18, the average price of sunflower oil in the country has increased by 2.07 soms, according to data published by the National Statistical Committee. In comparison with the same period last year, the price of sunflower oil has risen by 28.16 soms, which corresponds to an increase of 17.2%.

19.03.2026, 17:17