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Uzbekistan to Establish New International Financial Centre
Developing
Business·10h agoAI summary

Uzbekistan to Establish New International Financial Centre

Uzbekistan's President Shavkat Mirziyoyev announced plans for a new international financial centre operating under English common law principles, offering extensive tax incentives for 50 years. The initiative aims to attract foreign investment by creating a familiar regulatory environment. The country has attracted over $150bn in foreign investment recently, with its economy growing by 7.7% last year.

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Euronews Business
Gyeongnam Governor to Appoint Heads of Public Institutions After Re-election
Developing
Politics·5d agoAI summary

Gyeongnam Governor to Appoint Heads of Public Institutions After Re-election

Gyeongnam Governor Park Wan-soo, re-elected in the 6.3 local elections, is expected to proceed with appointments for heads of public institutions whose terms are ending or are vacant, coinciding with the start of his ninth term next month. Out of 17 institutions, 11 require new leadership, with four currently vacant due to resignations to support the governor's election campaign.

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