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News
The authorised capital of the ‘Kyrgyzsuudolboora’ design institute is to be increased by 446.3 million KGS on Akchabar
12+ hour, 8+ min ago (241+ words) The shareholders of the ‘Kyrgyzsuudolboor’ design and survey institute, which specialises in the design of water management facilities, hydraulic engineering structures and land reclamation works, have approved an increase in the company’s authorised capital by a total of 446.3 million KGS....
The number of cryptocurrency exchanges in Kyrgyzstan has increased more than 13-fold on Akchabar
19+ hour, 48+ min ago (195+ words) Акчабар The number of cryptocurrency exchanges in Kyrgyzstan has increased more than 13-fold The number of licensed virtual asset exchange operators in Kyrgyzstan has increased more than 13-fold over the past three years. Whilst there were previously six such companies…...
KGST: Demand for stablecoins pegged to the KGS is growing in Kyrgyzstan on Akchabar
1+ day, 7+ hour ago (188+ words) Акчабар KGST: Demand for stablecoins pegged to the KGS is growing in Kyrgyzstan The market for stablecoins pegged to the national currency is developing in Kyrgyzstan. One such instrument is KGST — a digital asset whose value is pegged to the…...
From swimming pools to toilets: what facilities are now available at holiday resorts in Kyrgyzstan on Akchabar
1+ day, 12+ hour ago (257+ words) Holiday resorts in Kyrgyzstan have seen a significant expansion in infrastructure over the past five years. It is now easier for tourists to find swimming pools, massage parlours, as well as cash machines and business lounges. This is evidenced by…...
According to the Ministry of Finance's forecast, Kyrgyzstan will pay off its current external debt in 2075 on Akchabar
2+ day, 10+ hour ago (289+ words) If Kyrgyzstan does not take out new loans and continues to make payments according to the current schedule, the country will make its final payment on the external debt accumulated as of June 30, 2026, in 2075. Thus, it will take nearly another…...
Commercial banks purchased $9.9 million on the foreign exchange market over the course of the day on Akchabar
2+ day, 12+ hour ago (127+ words) On August 18, the total volume of transactions in the interbank foreign exchange market amounted to $9.93 million. Compared to the previous trading session, this figure decreased by $2.87 million, or 22.4%. Of the total amount, $7.43 million consisted of same-day settlement transactions. Another $2.5 million…...
A former member of the National Bank’s board has joined the board of ‘Kylim Bank’ on Akchabar
2+ day, 22+ hour ago (205+ words) There have been changes to the executive body of ‘Kylim Bank’. Ulan Zhamalidinov has been appointed as a new member of the management board. The bank’s board of directors approved his appointment on 11 August. Ulan Zhamalidinov holds a master’s degree…...
The State Tax Service may restrict access to Telegram, Twitch, and other services because they do not pay taxes on Akchabar
3+ day, 7+ hour ago (267+ words) The State Tax Service has identified 11 foreign companies that generate significant revenue from users in Kyrgyzstan but have not yet completed the mandatory tax registration. In 2024–2025, Kyrgyz residents made approximately 15.9 million money transfers to these companies, totaling more than 13.2 billion…...
The annual turnover of virtual assets in Kyrgyzstan reached 2.73 trillion KGS on Akchabar
3+ day, 8+ hour ago (272+ words) In 2025, nearly 2.73 trillion KGS, or around $30 billion, passed through virtual asset service providers in Kyrgyzstan. More than 94 per cent of transactions involved the conversion of digital assets into fiat currency and vice versa, according to data from the Financial Market…...
Kyrgyzstan sold around 91.8 kilograms of gold in June on Akchabar
3+ day, 13+ hour ago (130+ words) Акчабар Kyrgyzstan sold around 91.8 kilograms of gold in June In June 2026, Kyrgyzstan exported 91.8 kg of gold worth around $114.7 million. This is according to data from the National Statistics Committee. It should be noted that 99 kilograms of gold had previously been…...