Struggle for BOC: companies in process of agreeing the third independent arbitrator

Tethys Petroleum Limited (Tethys or the Company) and its partners in Tajikistan (Total and CNPC) on Bokhtar Operating Company (BOC) have appointed their respective arbitrators and are in the process of jointly agreeing the third independent arbitrator who...

Traditional participation of Tajik companies at Textillegprom fair in Moscow

A delegation of Tajikistan textile and clothing companies is participating in a three-day leading international textiles and apparel trade fair, Textillegprom, which kicked off today.  For the seventh time the International Trade Center (ITC) orga...

If not supported, Barqi Tojik could face bankruptcy, says audit company

If Barqi Tojik does not receive support from its shareholders, other companies linked to it as well as banks, it will not be able to continue its operations, says a report by the audit company Baker Tilly Klitou and Partners SRL, posted on Barqi Tojik&rsq...

How to choose a financial institution for cooperation

In a press release issued today, Spitamen Bank notes that “if you decided to start cooperation with the financial institutions (FI), first of all it is necessary to determine the list of essential services. This will determine the type suitable for ...

Russian-made city bus of middle class expected to come to Tajikistan soon

DUSHANBE, August 16, 2016, Asia-Plus -- A new Russian-made city bus of middle class is expected to enter Tajikistan’s market soon.  According to press release issued GAZ Group, LiAZ-4292, a low-floor city bus of middle class, whi...

TSB crisis administration head accused of assault and battery

The head of the crisis administration in Tojik Sodirot Bonk (TSB), which is the country’s second largest lender, is accused of assault and battery.

Top official at Tojik Sodirot Bonk reportedly flees

DUSHANBE, August 16, 2016, Asia-Plus -- Online news outlet TojNews reported on August 11 that deputy chairman at Tojik Sodirot Bonk (TSB), Firdavs Berdiyev, had fled the country to Switzerland. There are a few theories circulating about Be...

A deluxe clubhouse opening soon at “Diar Dushanbe” (PHOTO, VIDEO)

In 2012, when the construction of the development has just started, no one could clearly imagine how it will all look like, and what is going to be inside. Recently, we have visited the development to learn about the latest progress and were impress...

Barqi Tojik asks the Iranian side to restructure its debt to the Sangtuda-2 HPP

DUSHANBE, August 3, 2016, Asia-Plus /Payrav Chorshanbiyev/ – Barqi Tojik has reportedly asked the Iranian side to restructure its debt to the Sangtuda-2 hydroelectric power plant (HPP), which was built with help of Iranian specialists. “We have mad...

TALCO reportedly continues losing money

DUSHANBE, July 29, 2016, Asia-Plus – EurasiaNet.org reported on July 28 that the Tajik Aluminum Company (TALCO) continues to lose money despite production at the aluminum smelter being on the increase. The Ministry of Finance (MoF) reportedly links...

Tajikistan seeks investors for resumption of operations at the loss-making fertilizer plant

DUSHANBE, July 28, 2016, Asia-Plus -- Tajikistan is seeking investors for resumption of operations at the debt-ridden and loss-making fertilizer plant, which is located in the southern province of Khatlon In a report released at a news conference i...

Iran charity’s branch violates Tajikistan’s legislation, says Tajik justice minister

Activities of the Branch of the Imam Khomeini Relief Committee (IKRC), Imdad, in Tajikistan have been temporarily suspended because it violated Tajikistan’s legislation.

Spitamen Bank renovates fountain in Dushanbe

DUSHANBE, July 13, 2015, Asia-Plus -- Spitamen Bank, within 130 days of preparations for Tajikistan’s main holiday -- the 25th anniversary of Independence of the Republic of Tajikistan, has repaired a fountain in downtown Dushanbe.   The ...

Spitamen Bank, Asia-Plus launches joint project on financial literacy

DUSHANBE, July 11, 2016, Asia-Plus – Closed Joint-Stock Company (CJSC) Spitamen Bank and Asia-Plus news agency have signed an agreement on collaboration in raising financial literacy of the population. Under this agreement, materials on financial l...

Activities of Iran charity’s branch in Tajikistan suspended

DUSHANBE, July 8, 2016, Asia-Plus – Activities of the branch of the Imam Khomeini Relief Committee (IKRC), Imdad, in Tajikistan have been suspended. An official source at the Ministry of Justice of Tajikistan says several violations have been revea...

Bank Eskhata receives award from Western Union

DUSHANBE, June 21, 2016, Asia-Plus – Western Union money transfer system has awarded Open Joint Stock Company Bank Eskhata, finding it “the best in Tajikistan in terms of money transfer service.” According to the press center of Bank Eskhata, an ap...

CEO of Tajikistan’s first private air carrier replaced

DUSHANBE, June 20, 2016, Asia-Plus -- Chief Executive (CEO) of Somon Air airline has been replaced. Mr. Thomas W. Hallam II has been appointed CEO of Somon Air, replacing Mr. Eugenio Jaime Manzano, who helmed Somonoi Air since May 2015.  ...

CFT opens its office in Tajik capital

DUSHANBE, May 23, 2016, Asia-Plus – Russia’s Center of Financial Technologies (CFT) has opened its office in Dushanbe. It is reportedly the third of a series of CFT’s offices opened within the CIS area.  The first two offices of CFT were opene...

Aviation Company of Tajikistan split up into two separate entities

DUSHANBE, January 27, 2016, Asia-Plus – By government’s regulation Open Joint Stock Holding Company (OJSHC) Aviation Company of Tajikistan has been split up into two separate entities – Open Joint Stock Company (OJSC) Tajik Air (Tajik national air carri...

Tajik fertilizer factory expected to be reintroduced into operation this year

QURGHON TEPPA, January 26, 2016, Asia-Plus - Tajik fertilizer factory, TojikAzot that is located in the southern city of Sarband is expected to be reintroduced into operation this year. “The enterprise will be reintroduced into operation this year ...