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Economy - страница 107

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Central Bank Governor on pension reforms According to Mr. Marchenko, 72% of the current retired people are females with the other 28% being males.

20 May 2013

Bird flu costs China industry $65 bn: state media China's human H7N9 bird flu outbreak has cost the country's poultry industry more than 400 billion yuan ($65 billion) as consumers shun chicken.

20 May 2013

Great Britain to pay Kazakhstan $300-400 thousand for military transit per year Kazakhstan will be receiving $300-400 thousand per year from Great Britain from transit of military cargoes via its territory.

20 May 2013

China 'will not accept' carbon tax on EU flights: report China will not pay for CO2 emissions by its airlines on flights within Europe, a top civil aviation official reportedly said after the European Commission warned eight Chinese firms face fines for nonpayment.

19 May 2013

S&P warns India could face junk status India faces at least "a one-in-three" chance of losing its prized sovereign grade rating, global ratings agency Standard and Poor's has warned, in another blow to the scandal-tainted Congress government.

19 May 2013

Mexico cuts 2013 growth forecast to 3.1% Mexico cut its 2013 growth forecast on Friday after the economy expanded less than expected in the first quarter due to slumping industrial production and near stagnant exports.

18 May 2013

ANA reports fault on modified Dreamliner Japan's All Nippon Airways on Friday said a modified Dreamliner had experienced a fault earlier this month, but insisted it would not affect the restart of the high-tech planes.

18 May 2013

Rio Tinto puts largest 'red' diamond on market Rio Tinto said Friday it was putting up for sale the biggest "red" diamond ever produced by its Australian mine amid an "explosion" in demand from Asia for the rare pink-hued stones.

17 May 2013

Sowing campaign kicks off in North Kazakhstan Areas for sowing oil-bearing and forage crops will be increased to diversify the crops this year.

16 May 2013

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Japan economy grows again, points to recovery Japan said Thursday that its economy grew again in the quarter to March, pointing to a recovery as Tokyo and its hand-picked central bank team set about stoking the world's third-largest economy.

16 May 2013

Upbeat New Zealand heading back to the black New Zealand on Thursday bucked the international trend toward austerity budgets and lifted spending modestly, while still predicting its books will be back in the black within two years.

16 May 2013

Toyota becomes Asia's biggest firm by market value Toyota has accelerated past South Korea's Samsung Electronics to become Asia's biggest company by market value, after the Japanese automaker's shares doubled in the past year.

16 May 2013

BHP to scale back capital spending by a fifth Global mining giant BHP Billiton has outlined plans to slash capital spending by almost a fifth, with new chief executive Andrew Mackenzie warning the brakes could be applied even further.

15 May 2013

Private sector is in a better position to manage pension savings: EBRD Director for Kazakhstan The payback from the pension reform could be insignificant should the Single Pension Fund’s assets be invested in the same way the National Oil Fund’s assets are invested: Fitch Ratings.

14 May 2013

Kazakhstan might launch a single system of ATMs operated by the Central Bank According to Gregory Marchenko, the Central Bank Governor, the suggested single system of ATMs will enable to cut down the service fee twofold as compared to the current average rate.

14 May 2013

Sales of Government’s stakes in bailed out banks is not a solution to toxic assets: Fitch Ratings According to Charles Seville of Fitch Ratings, the real growth of lending in Kazakhstan “only stands at 5%, which is lower than in Russia, Mexico, Turkey and Azerbaijan.

14 May 2013

Kazakhstan gains lines in WEF's Global Information Technology Report Kazakhstan has gained 23 lines in the WEF's Networked Readiness index since last year.

14 May 2013

Real GDP growth is to be maintained at 6%: Minister of Economic Affairs and Budget Planning May 10 the European Bank for Reconstruction and Development cut down its economy growth estimated for Kazakhstan from 6% to 4.9%.

14 May 2013

Romania, Kazakh oil firm settle debt dispute Romania and the Kazakh oil company KazMunayGaz have settled their dispute over a 500-million-euro ($658-million) debt and pledged to invest together in energy projects.

13 May 2013