Astana Finance Days: Rewiring Finance at Institutional Scale – The Case for Deeper Financial Markets
Kazakhstan needs deeper financial markets and a system less dependent on banks, senior financial officials told Astana Finance Days on September 9, 2026. Speakers at the Astana International Financial Centre (AIFC) explored how digital finance could support that shift during the plenary session, "Innovation at Institutional Scale: Rewiring the Architecture...
Ashgabat’s Postwar Architecture Is Disappearing One Building at a Time
In July, UNESCO added ten examples of Tashkent’s modernist architecture to the World Heritage List, recognizing the buildings and urban complexes that helped reshape the Uzbek capital after the devastating 1966 earthquake. In neighboring Kazakhstan, prominent Soviet-era buildings in Almaty are protected through national and local heritage registers. Turkmenistan has...
New OECD Assessment Reveals Central Asia’s Student Performance
International student assessments help governments identify where students are succeeding, where they are falling behind and how learning outcomes are changing over time. The Programme for International Student Assessment, or PISA, tests how well 15-year-olds can apply what they have learned in science, mathematics and reading to real-world problems. Run...
Pannier and Hillard’s Spotlight on Central Asia: New Episode Coming Sunday
As Managing Editor of The Times of Central Asia, I’m delighted that, in partnership with the Oxus Society for Central Asian Affairs, we are the home of the Spotlight on Central Asia podcast. Chaired by seasoned broadcasters Bruce Pannier of RFE/RL’s long-running Majlis podcast and Michael Hillard of The Red...
Uzbekistan Pitches Decades of Tax Breaks to Financial Firms
Uzbekistan is offering qualifying financial firms nearly half a century of tax exemptions to set up in Tashkent. The goal is to attract private capital into an economy where state-owned banks still control most banking assets. On September 10, President Shavkat Mirziyoyev appointed his daughter, Saida Mirziyoyeva, to head the...
From Transit to Capital: What Investors Were Looking for in Kazakhstan at Astana Finance Days
On the second day of Astana Finance Days, Kazakhstan was trying to answer the question that follows almost every discussion about new railways, power plants, data centers, and factories: where will the money come from? International banks, asset managers, and stock exchanges gathered in Astana, and the conversation quickly reached...
Middle Corridor Freight Grows, but Eastbound Cargo Lags
Container traffic is growing along the Middle Corridor from China and Central Asia toward Europe, but the route is far less busy in the opposite direction. In the first eight months of 2026, about 80% of container traffic moved westward and only 20% eastward. Operators are now looking for goods...
Kazakhstan Seeks Oil Export Alternatives After Latest CPC Disruption
A drone incident near the Caspian Pipeline Consortium (CPC) terminal outside Novorossiysk briefly halted oil loading on September 8, again highlighting Kazakhstan’s dependence on its main export route through Russia. Astana is seeking to expand alternatives, but the difference in volumes remains enormous. According to Kazakhstan’s Energy Ministry, the country...
Russia’s Return to Afghanistan, New Chinese Jets, and Kazakhstan’s Legislative Election
Short Stories from the Region
