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Tajikistan's national power distribution company, OJSC Distribution Electric Networks, claims that residential customers’ electricity debt has been gradually decreasing since the company’s establishment in 2021. asiaplustj.info »
Local authorities in the Kulob region of Khatlon province have taken tough measures to make residential customers pay for electricity. Thus, the Kulob Power Distribution Network just cuts off electricity supply to settlements, 20 percent of residents of which have electricity debts. asiaplustj.info »
Media reports say UBS AG is set to impose tight restrictions on Credit Suisse bankers. Citing people with knowledge of the matter, the Financial Times ( FT ) reported on Sunday (June 12) that UBS AG sets ‘red lines’ for Credit Suisse staff as it completes takeover. asiaplustj.info »
Electricity rate for residential customers will rise 30 percent beginning on May 1, 2023 – from 0.077 som (equivalent to US$0.0089) to 1.00 som (equivalent to US$0.012). “If we don’t do that, we risk losing our energy industry forever. asiaplustj.info »
The Individuals Deposits Insurance Fund (Fund) has begun to pay out insurance claims to customers the Closed Joint-Stock Company (CJSC) Kafolatbank, which is currently at the stage of liquidation. The Fund’s official website says the insurance claims have reportedly been paid out to Kafolatbank customers at the head office of MicroLending Organization Humo in Dushanbe since November 19. asiaplustj.info »