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  1. Main
  2. Economy

Economy

news Japan finance budget Asia Pacific Zimbabwe salary Middle East & Africa Government
Japan cabinet to approve $1.02 trillion annual budget Japan cabinet to approve $1.02 trillion annual budget Japan's cabinet was Tuesday set to approve a $1.02 trillion annual budget with boosts in defence and public works spending amid a festering territorial row with China and a renewed assault on deflation.
30 January 2013
Zimbabwe has $217 in the bank: Finance Minister Zimbabwe has $217 in the bank: Finance Minister After paying public workers' salaries last week, the balance in cash-strapped Zimbabwe's government public account stood at just $217.
30 January 2013
Kazakhstan may introduce temporary ban on importing petroleum products from Russia: media reports Kazakhstan may introduce temporary ban on importing petroleum products from Russia: media reports Astana’s moves may be driven by efforts of powerful lobbying groups that speak up for stronger cooperation with China: Alexander Karavayev, Vice Director of the Moscow State University Center for Post-soviet Studies.
30 January 2013
KazMunaiGas chooses not to purchase ConocoPhillips’ 8.4% stake in the giant Kashagan oilfield KazMunaiGas chooses not to purchase ConocoPhillips’ 8.4% stake in the giant Kashagan oilfield Kazakhstan Government may decide on purchasing the stake before July 2013.
30 January 2013
Yahoo! shares bounce as profit tops expectations Yahoo! shares bounce as profit tops expectations Yahoo! shares bounced in after-hours trading Monday as the struggling Internet pioneer topped Wall Street expectations despite a slip in quarterly profit.
30 January 2013
Kazakhstan boosting share of gold in gold and FX reserves Kazakhstan boosting share of gold in gold and FX reserves According to National Bank Vice Governor Bissengali Tadzhiyakov, the share of gold in the country’s gold and FX reserves stands at 22% at the moment.
29 January 2013
Current pension funds could be transformed into asset management companies: Central Bank Governor Current pension funds could be transformed into asset management companies: Central Bank Governor According to him, the Government is to hire an assessment company to fairly and independently evaluate the assets so that they could be bought out later on at a fair market value.
29 January 2013
Kazakhstan’s Ministry of Oil and Gas announces 2012 hydrocarbons production figures and 2013 outlooks Kazakhstan’s Ministry of Oil and Gas announces 2012 hydrocarbons production figures and 2013 outlooks In a separate statement the O&G Minister told that this year Kazakhstan would lift the moratorium on developing new hydrocarbons deposits.
28 January 2013
Kazakhstan and Russia agreed on joint use of freight wagons Kazakhstan and Russia agreed on joint use of freight wagons KazTemirTrans and Federal Freight Company signed a memorandum of cooperation in joint use of freight rolling stock.
28 January 2013
TENGRI LIFE
TENGRI TRAVEL
Striking drillers of Mangistau oblast promised 13th salary Striking drillers of Mangistau oblast promised 13th salary Striking workers of Si Bu Engineering Drilling Company went back to work after a successful meeting with their oblast's Governor.
28 January 2013
Profits from EXPO-2017 may reach $900 million Profits from EXPO-2017 may reach $900 million Kazakhstan experts have calculated that the EXPO-2017 exhibition in Astana may generate from $520 to $910 million in profits.
28 January 2013
Сustoms generate seventh part of Kazakhstan budget Сustoms generate seventh part of Kazakhstan budget In 2011 Kazakhstan’s customs authorities generated over 1 trillion tenge ($6.7 billion) for the country's state budget.
28 January 2013
Central Bank Governor on the upside and downside of the suggested single pension fund Central Bank Governor on the upside and downside of the suggested single pension fund According to him, if there is a single pension fund managed directly by the Government or by the National Fund, there will be no deals closed with affiliated companies.
28 January 2013
National Bank shouldn’t act as both the owner and regulator of the single pension fund: Gregory Marchenko National Bank shouldn’t act as both the owner and regulator of the single pension fund: Gregory Marchenko President made the decision to the benefit of the nation (…) and it will be brought to life, Central Bank Governor pledged.
28 January 2013
Russia’s Sberbank President German Gref is concerned over Kazakhstan’s moves to restrict operations of foreign banks Russia’s Sberbank President German Gref is concerned over Kazakhstan’s moves to restrict operations of foreign banks Due to a Samruk-Kazyna’s decision the bank’s Kazakhstan subsiary may lose $800 million deposited by legal entities.
28 January 2013
1000 laid off Kazakhstan workmen to be hired to modernize Atyray oil refinery 1000 laid off Kazakhstan workmen to be hired to modernize Atyray oil refinery According to Atyray Region Vice Governor, over 7 000 people were laid off following completion of the construction works at Bolashak oil refinery in Karabatan in 2012.
28 January 2013
Over 50 million tons of crude pumped via Atasu-Alashankow oil pipeline Over 50 million tons of crude pumped via Atasu-Alashankow oil pipeline Since the pipeline was launched in 2006 the volume of crude has been growing by 20% a year on average.
28 January 2013
LatAm, Europe back free trade, eye strategic alliance LatAm, Europe back free trade, eye strategic alliance European and Latin American leaders have pledged to shun protectionism and boost their strategic partnership to foster free trade and sustainable development based on close international cooperation.
27 January 2013
Starbucks may pull British investment over tax issue: report Starbucks may pull British investment over tax issue: report Starbucks has threatened to suspend millions of pounds of investment in Britain over what it sees as unfair targeting by Prime Minister David Cameron over its tax affairs.
27 January 2013
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