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project news Kazakhstan Kazakh investment outfits aircraft Air Astana

Kazakhstan to attract over $300 million in foreign ivestments Kazakhstan will sign up for projects with foreign investors for over $300 million.

17 December 2012

Air Astana presented its own Airbus and new staff outfits We have been waiting for rebranding of our air company’s staff for a long time: Kazakhstan Vice-Minister of Transport and Communications Azat Bekturov.

17 December 2012

Apple will develop applications for Kazakhstan students Apple is interested in implementation of its IT solutions in applications for Kazakhstan schools: expert.

17 December 2012

Dollar falls as fiscal cliff worries grow The dollar dropped to its lowest level against the euro in three months Friday, the euro going above $1.31 as politicians in Washington appeared no closer to averting the economy-crunching fiscal cliff.

16 December 2012

Coca-Cola FEMSA to acquire Philippine bottler Coca-Cola FEMSA of Mexico is to take control of the US soft drink firm's bottling operations in the Philippines in a $688.5 million cash deal.

15 December 2012

President has set a goal to boost state support to the agriculture sector 4.5 times According to him, the measures should result in the share of agriculture in the GDP growing 5-fold by 2050.

14 December 2012

By 2050 Kazakhstan to meet the domestic demand for environmentally friendly fuel Investors should be attracted on condition they transfer the most advanced technology in both extraction and processing: President Nazarbayev.

14 December 2012

EU leaders end year on high with Greece, bank deals EU leaders put a crisis-hit year behind them at the last summit of 2012 Friday, trumpeting hard-fought deals on Greece and banks but seemed to row back on reforms to fix the euro's shortcomings.

14 December 2012

President Nazarbayev calls to spend within capacities to bring the budget deficit to its possible minimum We need a favorable tax regime to support industrial production, new technologies and overall industrialization efforts: President Nazarbayev.

14 December 2012

TENGRI LIFE

TENGRI TRAVEL

EU on verge of bridging pre-summit gulf on banks watchdog European governments argued through the night in a bid to agree a deal on tightening the oversight of eurozone bank, hours before leaders stage on Thursday their final summit of a gruelling third year in debt-crisis mode.

14 December 2012

Mitsubishi Bank fined $8.6 mn for flouting US sanctions Mitsubishi UFJ, Japan's biggest bank, must pay US authorities a fine totaling some 8.6 million dollars for flouting US sanctions on Iran, Sudan, Myanmar and Cuba.

14 December 2012

EU seals deal on banks watchdog, ahead of end-of-year summit The European Union agreed early Thursday to create a bank supervisor to oversee lenders across the eurozone, following marathon talks which ended hours before the year's final EU summit.

14 December 2012

Peru approves free trade agreement with EU Peru has approved a free trade agreement with the European Union and Colombia that will allow 75 percent of agricultural products and 100 percent of other goods to enter the eurozone duty-free.

13 December 2012

US financier tied to Pinochet money laundering dies Texas financier and media magnate Joe Allbritton, who lost the scandal-racked Riggs bank to a hostile takeover after it was fined for helping Chilean dictator Augusto Pinochet launder money, has died at the age of 87.

13 December 2012

German company suspected of bribery in Kazakhstan GfT Bautechnik, an affiliated company of ThyssenKrupp, took part in construction of artificial islands in the Caspian Sea and supplied cutoff piling there.

13 December 2012

'Gulf princesses' hold key to lingerie firm revival Gulf princesses. The key to success holds in two simple words for Maison Lejaby, a historic lingerie maker rescued from collapse 10 months ago, and newly revived as a purveyor of "Made in France" luxury.

12 December 2012

IMF warns Hong Kong property faces price correction The International Monetary Fund on Wednesday warned that Hong Kong could see an abrupt fall in property prices after years of dramatic increases in one of the world's most expensive housing markets.

12 December 2012

Best Kazakhstan-made goods being selected in Astana A state contest-exhibition Best Kazakhstan Goods-2012 kicked off in Korme exhibition center in Astana on December 11.

12 December 2012

Pensions to be raised by 9% starting from January 1, 2013 As of December 1, 2012 the average retirement allowance stands at $257.

12 December 2012