Beeline Uzbekistan’s Southwest Branch has expanded its coverage area in the region and connected the under-construction MTO Gas Chemical Complex in Bukhara Region to the network. Several thousand specialists will work at the facility, and in the future, one of the world’s largest polymer production plants will be launched there. The Karakul SEZ is located…
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According to EastFruit analysts, the watermelon market in Uzbekistan and Central Asia is currently facing significant challenges. Producers are reporting a lack of demand, leading many to leave their watermelons unharvested in the fields. Some have resorted to harvesting watermelons solely to feed them to livestock. EastFruit’s wholesale price monitoring indicates that small wholesale prices for fresh…
A Presidential Decree “On Measures to Improve the Financial and Economic Status of Enterprises in the Cotton Industry” was signed. According to the Decree, the following measures are outlined to financially rehabilitate cotton-textile clusters: Clusters that fully repay the concessional loans provided by commercial banks for cotton cultivation in 2023 using funds from the State…
The Export Promotion Bureau (EPB) is taking more time than it usually does to release the export data for June apparently because of the shock following the central bank’s correction of overseas sales figures. Bangladesh Bank data showed on Wednesday that actual exports in July-April of fiscal year 2023-24 were nearly $14 billion below the…
From September 8-10, the International Textile Manufacturers Federation (ITMF) and the International Apparel Federation (IAF) are jointly holding their annual convention for the first time in their histories at Silk Road city of Samarkand, Uzbekistan. IAF and ITMF organize it with their mutual Uzbek member, the Uzbek Textile & Apparel Industry Association. The theme of…