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Uzbek banking sector COVID-19

In light of the spread of coronavirus infection Covid-19 and in addition to quarantine regime, Uzbekistan has undertaken a number of other measures aimed at mitigating risks and maintaining the normal functioning of business activities, including the banking sector. On March 26, 2020, the Central Bank of the Republic of Uzbekistan (the “CBU”) made the […]

VAT refund procedure legal update – Azerbaijan

Regulation for refund of value added tax (“VAT”) paid by individuals, who are consumers, for goods (except for oil and gas products) purchased from persons engaged in retail trade or public catering in the territory of the Republic of Azerbaijan (“Regulation”) has been adopted by the Decree of the President of the Republic of Azerbaijan […]

Covid-19: Restriction of state court activity and alternative dispute resolution methods

By Vladimir Komarov The ” Black swan ” of coronavirus has already led such economic sectors as tourism, air transportation, hotel business, and non-food retail to a deep crisis. We can confidently predict that violations of contractual obligations, unilateral termination of contracts and other consequences of the disease and measures to combat it will affect […]

Labour relations in the context of quarantine due to coronavirus (Uzbekistan)

Tatyana Popovkina and Mirzaaziz Ruziev Limitations set in order to prevent spread of coronavirus infection affect all business processes, including employer-employees labour relations. In accordance with the Decree of the President of the Republic of Uzbekistan ‘On priority measures to mitigate the negative impact on sectors of the economy by the coronavirus pandemic and global […]

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Relational leadership: How to inspire others

Two of the greatest assets in a leader’s toolkit are their ability to lead towards a purpose, and their capacity to help people extract meaning. When harnessed, they become the backbone of resilience in the face of troubling times, the inspiration for the courage needed when uncertainty is ahead, and the power to stay on course to impact something greater than ourselves.

You’ve adopted some great tech, but what’s next?

Every savvy business professional understands that ROI is tricky to calculate, especially when it comes to technology. Indeed, when new systems are considered, committees often review pessimistic and optimistic ROI calculations, create in-depth score cards to measure competitors against, and sit through endless sales pitches and demos in the hopes that they’ll catch a glimpse of that single feature that will be key to user success.

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