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Economy

news money Law Kazakhstan Kazakh finance Corruption cash
Kazakhstan mulls restricting cash withdrawal Kazakhstan mulls restricting cash withdrawal Kazakhstan financial police is suggesting to legally restrict withdrawal of cash by individuals and legal entities.
24 April 2013
EU to take preferences off Kazakhstan exporters in 2014 EU to take preferences off Kazakhstan exporters in 2014 The European Union will take most of the preferences off Kazakhstan exporters starting from 2014.
24 April 2013
Labor migrants generate $1.1 billion a year for Kazakhstan Labor migrants generate $1.1 billion a year for Kazakhstan At least 0.57 percent of Kazakhstan's GDP -- $1.1 billion per year -- is generated by labor migrants.
24 April 2013
Labor conflict at D island at Kashagan Labor conflict at D island at Kashagan The protest action was initiated by UK citizens opposing to their two country fellowmen’s dismissal.
24 April 2013
ENRC chairman resigns ENRC chairman resigns Chairman of Eurasian Natural Resources Corporation (ENRC) Mehmet Dalman resigned and Gerhard Ammann was appointed its new chairman.
24 April 2013
Apple profit falls for first time in nearly a decade Apple profit falls for first time in nearly a decade Apple reported Tuesday that its quarterly profit dipped for the first time in nearly a decade as it squeezed less money from its champions in the competitive smartphone and tablet markets.
24 April 2013
OECD backs Japan deflation fight, says must cut debt OECD backs Japan deflation fight, says must cut debt The Organisation for Economic Co-operation and Development on Tuesday backed Japan's bid to end years of deflation, but called on Tokyo to step up efforts to shrink its huge debt pile.
24 April 2013
China ready to purchase stake in Kashagan: media China ready to purchase stake in Kashagan: media Chinese state and private companies are nearing the finish line in procurement of stakes in Kashagan project, Nursultan and Abai blocks.
23 April 2013
GDP expected at 5% in H1 in Kazakhstan GDP expected at 5% in H1 in Kazakhstan Forecast GDP growth will make 5 percent in Kazakhstan in the first half of 2013.
23 April 2013
TENGRI LIFE
TENGRI TRAVEL
Kazakhstan may become dependent on China-made petroleum products Kazakhstan may become dependent on China-made petroleum products Should we take into account China’s intention to enter Nursultan and Abay offshore oil projects, the share of China may exceed 50%: an expert with the Institute for Political Solutions.
23 April 2013
Kazakhstan introducing restrictions on petrol imports from Russia Kazakhstan introducing restrictions on petrol imports from Russia The reasons behind the decision are excessive backlog of petrol at Kazakhstan-based oil refineries and the need to channel more crude to Kazakhstan-based refineries rather than to Russia.
23 April 2013
Trade commission sides with Apple in Motorola patent case Trade commission sides with Apple in Motorola patent case The US International Trade Commission on Monday tossed out a Motorola Mobility patent claim that threatened to block the import of some Apple iPhone models into this country.
23 April 2013
Sour French farmers miss out on baby milk boom Sour French farmers miss out on baby milk boom Got milk? Too much, say French dairy farmers caught in a pricing squabble with supermarkets while missing out on the Chinese thirst for imported powdered milk.
23 April 2013
Kazakhstan may run out of uranium in 60 years Kazakhstan may run out of uranium in 60 years Kazakhstan has uranium reserves for 60-70 years at maximum production level and 80-90 years at current production without replenishment.
22 April 2013
Kenes Rakishev and Ehud Olmert present global venture fund in Tel Aviv Kenes Rakishev and Ehud Olmert present global venture fund in Tel Aviv Kazakhstan businessman Kenes Rakishev and former Prime-Minister of Israel Ehud Olmert presented a global venture capital fund in Tel Aviv.
22 April 2013
IMF, Egypt hope to reach loan agreement in 'weeks' IMF, Egypt hope to reach loan agreement in 'weeks' The International Monetary Fund and Egypt hope to conclude talks for a loan deal "in the coming weeks".
22 April 2013
Britain launches legal challenge to EU finance tax Britain launches legal challenge to EU finance tax The British government has launched a legal challenge against plans for a European financial transactions tax to be adopted by 11 EU states.
21 April 2013
G20 pledge 'ambitious' steps to spur growth, jobs G20 pledge 'ambitious' steps to spur growth, jobs The Group of 20 economic powers pledged "ambitious" steps Friday to spur growth and job creation to get the crisis-scarred global economy back on track.
20 April 2013
Bozoi-Shymkent gas pipeline to supply gas to the country’s South as early as this year: Oil Minister Bozoi-Shymkent gas pipeline to supply gas to the country’s South as early as this year: Oil Minister Now the South of Kazakhstan is restricted by insufficient gas supplies from the neighboring Uzbekistan and the poor state of and shortage of gas pipes.
19 April 2013
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