Economy

Turkmenistan starts work on nameless 'new city'

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Ex-Soviet Turkmenistan's strongman leader broke ground on a new and presently nameless city close to the capital Ashgabat Wednesday.

Kazakhstan and its pungent oil: A curse and a blessing

oilspotdrillKazakhstan has lots of oil, but it’s hard to reach and doesn’t fetch the best prices. We explain.

Japan, not China, may be winning Asia's infrastructure investment contest

modalsofchineseBefore China began courting Southeast Asia with infrastructure investments through its Belt and Road Initiative, Japan was the region's top development financier.

Shuttered at home, cement plants bloom along China's new Silk Road

china silk roadOn a windswept steppe in southwestern Kazakhstan, the new Chinese-backed cement plant on the outskirts of the village of Shieli stands as a gleaming symbol to some of the Central Asian country's industrialisation.

Kazakhstan’s uranium giant to list in London

too dp ortalykNo firm date has been set for the IPO, however

Shell Said to Drop Plan to Buy Stake in Kazakh State Oil Company

shellRoyal Dutch Shell Plc dropped plans to purchase a stake in KazMunayGas National Co. after a due diligence process that included discussions about the risk of corruption at the Kazakh state oil company, people with knowledge of the matter said.

Kazakh port in decline bids for slice of China trade

kazportWith the outlines of its six idle cranes obscured by thick fog and pouring rain, Kazakhstan's Caspian seaport Aktau seems an unlikely stop on China's much-hyped new silk road.

Seeking Belt buckle role, Kazakhstan launches China-backed financial hub

Beijings BeltSeeking to attract more foreign investment from its prime position in China's huge Belt and Road trade project, Kazakhstan launched a new financial hub on Thursday which has already secured the backing of its giant neighbour.

Kazakhstan extremely risky despite oil-price recovery

Kashagan oil field KazakhstanPolitical uncertainty and over-reliance on external borrowing make the country more vulnerable than lower-rated sovereigns.

Fast social and economic change rings in a new era for Uzbekistan

uzbekistanAfter decades in the economic wilderness, Uzbekistan wants to reintegrate itself into the global value chain. A Eurobond is on the way and regional integration has become a key priority

Central Asian Economies: Thirty Years After Dissolution of the Soviet Union

Central Asian Economies: Thirty Years After Dissolution of the Soviet Union

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Europe’s weak protections for refugees leave Central Asian dissidents at extreme risk

Europe’s weak protections for refugees leave Central Asian dissidents at extreme risk

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Analysis: Central Asian countries need to remain focused on reforms despite new security threats

Analysis: Central Asian countries need to remain focused on reforms despite new security threats

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