As a country located at the heart of the Great Silk Road, Uzbekistan is currently in the process of transitioning from old paradigms to the ‘New Uzbekistan’. In 2020, Uzbekistan’s leadership announced a new five-year national strategy and roadmap to enhance its commodity and financial markets to address structural problems inhibiting economic development. As part…
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There’s an old Chinese proverb that goes like this: “The best time to plant a tree was 20 years ago. The second best time is now.” This should be on a plaque hanging above every long-term investor’s desk. For sure, it is how famed investor Jim Rogers thinks. His claim to fame is calling the…
The volume of Uzbekistan’s gross gold and forex reserves as of August 1 topped US$ 35.11 billion, recording a US$ 965 million increased over the month, follows from the data of the Central Bank. Over the past month, the gold reserves increased by 0.3 million troy ounces (9.3 tons), and its value increased by US$…
Bangladeshi fashion designer and former international model Bibi Russell’s social enterprise runs on the motto ‘Fashion for Development’. She is a beacon to budding social entrepreneurs, leading by example as she empowers weavers, artisans and craftsperson. In this year’s Cannes Film Festival, we saw the handloom heritage of Bangladesh, Dhakai Jamdani make a red-carpet entry.…
On 11 August, President Shavkat Mirziyoyev became familiar with the presentation of projects on improving the drinking water supply in Surkhandarya region and creating new jobs in the service sector in the city of Tashkent. 46 percent of the population of Surkhandarya region does not have access to the centralized drinking water supply. 216 hydraulic…