News of BUSINESS

News of BUSINESS

BUSINESS | 12:20 / 27.09.2024

UzAuto Motors, BYD and several other large firms continue to benefit from major tax relief programs, report reveals

In the first half of 2024, major companies in Uzbekistan benefitted from substantial tax and customs exemptions, with UzAuto Motors receiving more than $25 million and BYD Uzbekistan Factory enjoying over $22 million in incentives. Additionally, Enter Engineering was granted exemptions exceeding $45 million during this period.

14:44 / 31.10.2024

IFC partners with ACWA Power to support Uzbekistan's renewable energy transition

14:28 / 31.10.2024

Uzbekistan's top 10 trade partners for 2024: China and Russia top the list

13:34 / 31.10.2024

U.S. expands sanctions to include two more Uzbekistan-based companies

13:19 / 31.10.2024

Uzbekistan’s 2025 budget prioritizes education, infrastructure, and social spending

14:28 / 30.10.2024

2025 budget draft: Uzbekistan to allocate 6.6 trillion UZS for wage and pension hikes

13:59 / 30.10.2024

Uzbekistan to impose new excise tax on sugary drinks, increases on property taxes

10:07 / 30.10.2024

Real income in Uzbekistan rises by 7.7% over nine months, regional income disparities widen

17:12 / 29.10.2024

Uzbekistan sets $5.5 billion cap on external borrowing for 2025

20:55 / 28.10.2024

Turkmenistan suspends gas exports to Russia

16:45 / 24.10.2024

Uzbekistan's Central Bank updates gold bar prices as sales of commemorative coins end

16:43 / 24.10.2024

Uzbekistan eyes increased agricultural exports via Dubai

16:30 / 24.10.2024

Khantex Group faces legal action over inflated cotton seed prices

13:03 / 24.10.2024

Central Bank reports drop in cash circulation to 20.7%

20:03 / 22.10.2024

Cash withdrawals increase in Uzbekistan amid growing economic activity

18:12 / 21.10.2024

Foreign currency supply outpaces demand in Uzbekistan