Russia and India rise up World Bank rankings but regional hubs win the day

Russia and India have emerged as two of the biggest winners in the World Bank’s latest…

Central Asian countries shamed in 2015 Corruption Perceptions Index

This year’s Corruption Perceptions Index (CPI)  Transparency International does not make pretty reading for the politicians and citizens…

Kazakhstan to introduce ‘one window’ policy for investors

One window: As from next year potential investors in Kazakhstan will be able to apply for…

Georgia top Eurasian country in WB Doing Business 2016 rankings

Georgia has the most conducive business environment in Eurasia, according to the World Bank’s Doing Business 2016…

Russia climbs up WEF competitiveness rankings

Russia has climbed up 8 places to 45th place in this year’s WEF competitiveness rankings  published this week,…

Re-registration deadline looms for Russian branch and representative offices

Re-registration deadline: Representative and branch offices of foreign companies working in Russia are in a race against time to re-register with…

Transparency International downgrades Russia

Transparency International: Russia has dropped from 127th to 136th place in this year’s Corruption Perceptions Index that…

Google and co to be encouraged to localise their Russian operations

Google: Russia’s media watchdog Roskomnadzor is joining forces with the Association of Electronic Communications (REAC) to work…

Transparency Int puts Rosneft and Gazprom ahead of Google

Transparency International, the non-governmental organisation that monitors and publicises corporate and political corruption in international development, has…

Corruption endemic to Russian business, poll suggests

Corruption: Many Russians believe that it is currently almost impossible to conduct business honestly, according to recent poll…

Rosatom subsidiary chief arrested in US suspected of bribery

Rosatom subsidiary chief  Vadim Mycerinus, President of the TENAM Corporation, has been arrested in the US on…

Russian business start-up environment improving dramatically

Russian business start-up environment: Despite dropping down two places in the World Bank’s annual Doing Business…

Russian business loan rate reduction demanded by Putin

Russian business loan rate reduction: President Vladimir Putin is calling for the interest rate on loans…

Russian business start-ups thin on the ground

Russian business start-ups: Only 2.6% of the Russian population would like to become entrepreneurs, according to a…

Global Competitiveness report puts Azerbaijan at 38th

This year’s Global Competitiveness report from the World Economic Forum has adjudged Azerbaijan to be the…

Uzbekistan industrial zones planned for SMEs

Uzbekistan industrial zones: Uzbekistan’s SMEs are soon to have access to a network of industrial zones where…

Russian corporate governance code to begin next month

Russian corporate governance code: Russia’s Government is planning to introduce a corporate governance code regulating the…

Crimean business environment to be “like Cyprus”

Crimean business environment: Business conditions in Crimea are going to be similar to those in Cyprus according to…

Bribery and corruption in Russian SME sector still rife

Bribery and corruption in Russian SME sector:  More than two-thirds of small business interviewed in a…

Cost of living in Moscow drops down world rankings

Cost of living in Moscow: Moscow has moved from being the second to the ninth most expensive…

Minsk, Almaty and Astana win out in Forbes city rankings

Forbes city rankings: Almaty and Astana  have been ranked as the fourth and fifth best cities to…

Russian offshore bill criteria relaxed

Russian offshore bill: Russia’s Finance Ministry has increased the profit threshold above which offshore companies need to…

Kazakhstan in Good Country index

Good Country index: Kazakhstan has been ranked 80th in the first edition of the Good Country Index. Kazakhstan ranked…

World Bank loan for Kyrgyz reform programme

Kyrgyz reform programme: World Bank this week approved a US$25m loan to Kyrgyzstan for the implementation of its 2012-14…