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Economy

president news Nazarbayev National Fund Kazakhstan Kazakh National Bank
President suggests using the National Oil Fund to support S&MBs President suggests using the National Oil Fund to support S&MBs The National Fund of Kazakhstan was created in 2000 as a stabilization fund that accumulates windfall revenues from oil sales and ensures the economy of Kazakhstan will be stable against the price swings of oil.
22 June 2012
Share of banking services offered by foreign banks shouldn’t exceed 30%: President Nazarbayev Share of banking services offered by foreign banks shouldn’t exceed 30%: President Nazarbayev According to him, the Government and the National Bank should take into consideration that local banks not always enjoy the same competitive advantage as foreign ones.
22 June 2012
Marchenko is against agricultural bank in Kazakhstan Marchenko is against agricultural bank in Kazakhstan National Bank's chairman Gregory Marchenko told the senators his opinion of the prospect of creation of the agricultural bank in Kazakhstan.
21 June 2012
London housing is most popular among Kazakhstan buyers London housing is most popular among Kazakhstan buyers Kazakhstan buyers are mostly interested in the real estate in Great Britain, UAE, Bulgaria and France.
21 June 2012
KazMunaiGas will spend $3 billion on geological exploration in 5 years KazMunaiGas will spend $3 billion on geological exploration in 5 years KazMunaiGas will invest 500 billion tenge into geological exploration of promising blocks in the nearest 5 years.
20 June 2012
BTA Bank started negotiations over restructuring of its debts BTA Bank started negotiations over restructuring of its debts BTA is expecting arrival of the creditors commission in Almaty for a meeting to discuss results of due diligence next week.
18 June 2012
Two-thirds of managers are ready to leave Kazakshtan for interesting job Two-thirds of managers are ready to leave Kazakshtan for interesting job 65% of Kazakhstani managers will leave the country for a more interesting job, according to the opinion poll of Antal Kazakhstan recruiting company.
14 June 2012
Kazakhstan entrepreneurs have to change mentality to work in WTO Kazakhstan entrepreneurs have to change mentality to work in WTO Kazakhstan manufacturers have to improve quality of the products and change the business mentality to work in the WTO environment: expert.
14 June 2012
Internet-advertisement market will grow 40 percent in Kazakhstan in 2012 Internet-advertisement market will grow 40 percent in Kazakhstan in 2012 According to our sales-house, the growth of the Internet-advertisement market in 2012 will make around 30-40 percent versus 2011: expert.
14 June 2012
TENGRI LIFE
TENGRI TRAVEL
KazMunaiGas calculates profits from oil dispatches via Romanian marine terminal KazMunaiGas calculates profits from oil dispatches via Romanian marine terminal Having created a direct link between the terminal and refinery we have optimized the oil supply process and significantly decreased technological losses and costs: KMG.
13 June 2012
Kazakhstan faced tough competition in the Customs Union: Minister Kazakhstan faced tough competition in the Customs Union: Minister Kazakhstan Minister of Industry and New Technologies talked about developmend of Kazakhstan economy in the Customs Union.
12 June 2012
Air Astana introduced $75 service charge on international flights Air Astana introduced $75 service charge on international flights Air Astana has introduced a service charge for issuing tickets for international flights in sales offices and agencies starting from June 1.
12 June 2012
National Bank’s Vice Governor assures the tenge will remain stable for years to come National Bank’s Vice Governor assures the tenge will remain stable for years to come According to him, “for the recent year the nation’s exports potential has grown 40%”.
12 June 2012
Air Astana to launch Astana-Beijing flight Air Astana to launch Astana-Beijing flight Aviation authorities of Kazakhstan and China have agreed on a direct connection between the two capitals.
12 June 2012
Samruk-Kazyna advised Kazakhstan citizens on People's IPO Samruk-Kazyna advised Kazakhstan citizens on People's IPO The meeting on implementation of the People’s IPO program was held in Almaty.
12 June 2012
Astana gets Moody's Baa3 rating with stable outlook Astana gets Moody's Baa3 rating with stable outlook Moody’s International rating agency assigned Astana a positive issuer rating of Baa3 with stable outlook.
12 June 2012
Samruk-Kazyna to invest over $1 billion by 2015 Samruk-Kazyna to invest over $1 billion by 2015 Investments of Samruk-Kazyna will make around 150 billion tenge ($1 billion) by the end of 2015: Chairman.
12 June 2012
One share to cost up to $68 at People's IPO One share to cost up to $68 at People's IPO Deputy chairman of Samruk-Kazyna National Welfare Fund announced the tentative cost of shares during the People's IPO.
12 June 2012
Promotion centers opened in Kazakhstan explaning People’s IPO Promotion centers opened in Kazakhstan explaning People’s IPO The centers are equipped with all the required information materials and will work round the clock from June to October 2012.
12 June 2012
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