News from Uzbekistan and Central Asia - courtesy of UzReport

Today news:

- Fund Forum organizes cultural event in China on Intl Child Protection Day 04.06.2010 17:05:55

The Fund Forum’s Representative Office in China, in collaboration with Uzbek students attending Lanzhou University, organized a cultural event dedicated to the International Child Protection Day.

- Builders in Uzbekistan fulfill 1.7 trillion soums of work in 1Q 2010 04.06.2010 16:55:04

Construction works in Uzbekistan were fulfilled to the amount of 1.72 trillion soums in January-March 2010, which made up 120.1% to the corresponding period of 2009, according to the preliminary data of the State Statistics Committee.

- Nearly 80% of investments in fixed capital utilized by production branches 04.06.2010 16:50:25

The total volume of utilized investments in fixed capital in Uzbekistan exceeded 2.91 trillion soums in the first quarter of 2010 or 101.2% to January-March 2009, according to the preliminary data of the State Statistics Committee.

- New World Bank access to information policy takes effect on 1 July 04.06.2010 16:06:19

The World Bank said on 3 June that it is on track to begin to implement the first phase of its new policy on Access to Information on 1 July, one of several major reforms the Bank has undertaken to increase its effectiveness, efficiency, and accountability.

- AFC presents ten memorable Asian World Cup moments 04.06.2010 16:01:01

The first time an Asian team appeared in the FIFA World Cup finals was in 1938. Since then, Asian teams have had some great moments on the World Cup stage.

- Central Bank, UNDP organize 2-week certification training on microfinance 04.06.2010 15:58:03

A two-week certification training titled "Making microfinance work: Managing or improved performance" (MMW) based on the training package of the International training centre of the International Labor Organization (ITCILO) is starting on 7 June.

- Agricultural output in Uzbekistan up 6.1% to 1.13 trillion soums in Jan-Mar 04.06.2010 15:55:09

The total agricultural output in Uzbekistan amounted to 1.13 trillion soums in the first three months of 2010 (106.1% to January-March 2009), of which output of plant-growing – 183.7 billion soums (105.5%) and that of animal husbandry – 949.9 billion soums (106.2%).

- Economic and Social Reform Policy Forum held for first time in Tashkent 04.06.2010 14:29:33

A constructive and lively exchange between different economic think tanks, scholars, and related government ministries from China, Vietnam, Uzbekistan, Kyrgyzstan, Kazakhstan, Tajikistan, Germany, and Mongolia was held in Tashkent.

- Winners of web development contest among students defined 04.06.2010 13:30:44

The presentation and awards ceremony of Web development contest among students of secondary and higher education institutions, which took place in Tashkent in May this year, was held at Tashkent University of Information Technologies.

- Tashkent hosts workshop on international practice in microfinance legislation 04.06.2010 12:46:13

A workshop on international practice in microfinance legislation for the specialists of the Cabinet of Ministers, the Central Bank, line ministries, microfinance institutions (MFIs), and other stakeholders was conducted on 4 June.

- What can economic policymakers in CCA do to restore credit growth? 04.06.2010 12:41:31

As the revival of the global economy — in particular, Russia — picks up speed, so will economic recovery in the countries of the Caucasus and Central Asia.

- Children’s chess tournament completes in Tashkent 04.06.2010 12:38:09

National Chess Club on 2 June saw the completion of the children’s chess tournament dedicated to the International Children’s Day.

- Moody’s assigns global-scale ratings to Agrobank with stable outlook 04.06.2010 09:44:45

Moody’s Investors Service has assigned the following global-scale ratings to Agrobank state joint-stock commercial bank: a bank financial strength rating ("BFSR") of E+ (mapping to a Baseline Credit Assessment (BCA) of B2), long-term and short- term local currency deposit ratings of Ba3/Not Prime, and long-term and short-term foreign currency deposit ratings of B2/Not Prime.

- Chinese President to attend SCO summit, visit Uzbekistan, Kazakhstan 04.06.2010 09:41:49

Chinese President Hu Jintao will visit Uzbekistan and Kazakhstan and attend the Shanghai Cooperation Organization (SCO) summit next week, Xinhua reported citing Chinese Foreign Ministry spokeswoman Jiang Yu.

- Restoring damaged ecosystems can generate wealth and employment – UN report 04.06.2010 09:37:12

Repairing forests, lakes and other types of nature reserves that have been damaged or depleted can generate wealth, create jobs and become a vital means of alleviating poverty, the United Nations Environment Programme (UNEP), says in a report released on 3 June.

- Innovation and technology can reduce impact of disasters 04.06.2010 09:34:25

More than 400 leading international development and technology experts have agreed to work on the application of innovative technologies to help countries throughout the world to mitigate and prepare for the catastrophic effects of disasters, saving lives and economies.

- Weather insurance offers protection for poor farmers, stresses new UN report 04.06.2010 09:33:00

A new study by two United Nations agencies has highlighted weather insurance as an important tool to protect poor farmers, emphasizing that issuing such insurance before the planting season can be more effective than providing emergency aid after a calamity has wiped out crops.

For further information: UzReport