Tag Archives: business

ADB gives Tajikistan $45m

APRIL 15 2011 (The Conway Bulletin) – The Asian Development Bank (ADB) will give Tajikistan $45m to spend on social projects. The ADB said Tajikistan is the poorest CIS state and that without help vital social services would fail. In January the ADB gave Tajikistan $145m for a new road.

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(News report from Issue No. 36, published on April 18 2011)

Turkmens frustrated by MTS contract termination

APRIL 4 2011 (The Conway Bulletin) – Frustration is growing among thousands of people in Turkmenistan without mobile phone access since the government cancelled a service agreement with Russia’s MTS in December, said the Initiative of Turkmen Human Rights. Altyn Asyr, now the only Turkmen mobile phone operator, has had to cope with a 400% jump in demand.

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(News report from Issue No. 35, published on April 11 2011)

Turkmenistan’s mobile sector frustrates people

APRIL 11 2011 (The Conway Bulletin) – The patience of Turkmenistan’s estimated 3.1m mobile phone subscribers is wearing thin. Services have been heavily disrupted since the Turkmen government terminated a contract with Russia’s biggest mobile phone operator MTS.

Under the agreement, MTS had serviced around 80% of Turkmen’s mobile phone market. When it rescinded the deal, the Turkmen ministry of communications said MTS had broken the terms of the contract which had also expired. MTS said the government just wanted the lucrative contract.

That all happened in December. Since then it appears Altyn Asyr, the trading name for Turkmen mobile phone provider TM-Cell, has struggled to meet demand. Even President Kurbanguly Berdymukhamedov has become frustrated. In March, according to media reports, he called Altyn Asyr “bungling”.

Mobile phones are essential in Turkmenistan where fixed lines are unreliable and decrepit.

On April 4, the Initiative of Turkmen Human Rights reported how hundreds of people queued for hours outside an Altyn Asyr shop which promised to sell SIM cards. Instead they were only able to buy a voucher which could be swapped for a SIM card next month when new supplies arrive.

This report could not be independently corroborated but 3 days later news reports said the Turkmen government had signed a deal with equipment makers Nokia Siemens Networks and China’s Huawei Technologies to help improve services. The saga continues.

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(News report from Issue No. 35, published on April 11 2011)

Tajikistan extends power rationing

APRIL 7 2011 (The Conway Bulletin) – Following warnings of low water levels, Tajikistan has now extended its seasonal electricity restrictions, AP reported. Water running off the Pamir Mountains is vital for both Tajikistan’s hydroelectric dams and the cotton fields of downstream Uzbekistan and Turkmenistan.

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(News report from Issue No. 35, published on April 11 2011)

UAE company exits Georgian port

APRIL 4 2011 (The Conway Bulletin) – RAKIA, the investment unit of Ras Al Khaimah in the UAE, has sold the majority of its stake in the Georgian Black Sea port of Poti, media quoted Georgian officials as saying. The officials said APM Terminals, a unit of Danish company Moller-Maersk Group, now owned 80% of the port which is an important transport hub.

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(News report from Issue No. 35, published on April 11 2011)

Kyrgyz president sacks Prosecutor-General

MARCH 31 2011 (The Conway Bulletin) – Kyrgyzstan’s President Roza Otunbayeva sacked the Kyrgyz Prosecutor-General Kubatbek Baibolov over links to a corruption scandal centred on the privatisation of mobile operator MegaCom. Mr Baibolov denies the allegations. The next day a row in parliament over the scandal between two deputies triggered a brief fight.

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(News report from Issue No. 34, published on April 4 2011)

Kazakh miners increase profits

MARCH 23/29 2 2011 (The Conway Bulletin) – Kazakhstan’s London-listed mining companies, ENRC and Kazakhmys, recorded large jumps in profit in 2010 because of high global metal prices. ENRC’s underlying profit doubled and Kazakhmys’ rose 75%. Both companies are closely linked to the Kazakh elite, including President Nursultan Nazarbayev.

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(News report from Issue No. 34, published on April 4 2011)

Russia increases fuel duty to Tajikistan

MARCH 25 2011 (The Conway Bulletin) – Russia has increased the tax on fuel exports to Tajikistan by 5.3%, media reported. Tajikistan imports nearly all its fuel from Russia. Last year Russia imposed a duty on oil exports to Tajikistan for the first time in 15 years. Russia has previously used tax on fuel to Kyrgyzstan to leverage influence.

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(News report from Issue No. 33, published on March 28 2011)

Russian influence grows in Kyrgyzstan

MARCH 24 2011 (The Conway Bulletin) – Russia said it would scrap tax on fuel exports to Kyrgyzstan and agreed to invest $750m in Kyrgyz hydroelectric projects, local media reported. Russia and the US are vying for influence in Kyrgyzstan where they both control an airbase.

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(News report from Issue No. 33, published on March 28 2011)

Armenia improves links with Iran

MARCH 27 2011 (The Conway Bulletin) – Underlining Armenia’s strengthening ties with Iran, President Serzh Sargsyan joined Iranian leader Mahmoud Ahmadinejad in Tehran to celebrate the Persian new year. Iran and Armenia are building a rail link and an oil pipeline. Leaders from Afghanistan, Iraq, Tajikistan and Turkmenistan also joined the celebrations.

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Copyright ©The Conway Bulletin — all rights reserved

(News report from Issue No. 33, published on March 28 2011)