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.

19:34 / 04.11.2024

Central Bank: Citizens’ foreign currency sales surpassed purchases by $4.8 billion

19:11 / 02.11.2024

Uzbekistan’s state budget deficit narrows after October’s surplus

17:50 / 31.10.2024

Qanot Sharq launches regular flights from Tashkent to Seoul

17:44 / 31.10.2024

Cross-border remittances to Uzbekistan surge by 35%

17:30 / 31.10.2024

UzAuto Motors raises Cobalt prices

17:18 / 31.10.2024

Government plans to raise taxes for marketplace sellers next year

16:39 / 31.10.2024

Central Bank keeps key rate unchanged at 13.5% amidst inflation concerns

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