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Economy

Kazakhstan grain elevators being checked before new harvest Kazakhstan grain elevators being checked before new harvest 29 million tons of grain was harvested last year and 10.8 million tons are currently stored in the elevators and grain reception centers.
13 June 2012
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
TENGRI LIFE
TENGRI TRAVEL
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
Kazakhstan Tenge will not be devalued: expert Kazakhstan Tenge will not be devalued: expert An expert of Kazakhstan Ministry of Economic Development Madiyar Kenzhebulat said that 166 tenge per 1 dollar would be “the worst scenario” for Kazakhstan currency.
11 June 2012
Kazakhstan to build Russian nuclear station Kazakhstan to build Russian nuclear station Nursultan Nazarbayev and Vladimir Putin signed several agreements on cooperation in various industries.
11 June 2012
China allocates over $1 billion for construction of advanced oil processing center in Atyrau China allocates over $1 billion for construction of advanced oil processing center in Atyrau The loan agreement between Export-Import Bank of China EXIM and Atyrau Refinery was signed in Beijing on June 6, 2012.
11 June 2012
Kazakhstan Central Bank may further slash its key rate to 5.25-5.5% Kazakhstan Central Bank may further slash its key rate to 5.25-5.5% There is a clear signal that both cost of borrowed money and interest rates on loans should be lowered: Central Bank Governor.
07 June 2012
Kazakhstan slashes the share of Euro in its FX reserves Kazakhstan slashes the share of Euro in its FX reserves So far we don’t plan to further change the breakdown of currencies in the nation’s currency reserves: Central Bank Governor.
07 June 2012
Volatility of the Russian rouble is not reflected on the Kazakh tenge Volatility of the Russian rouble is not reflected on the Kazakh tenge Besides, Kazakhstan may do pretty well with the oil prices standing in the range of $95-100 per barrel: Central Bank Governor.
07 June 2012
Kazakhstan Transport Ministry issued temporary permit for Almaty-Kiev flight Kazakhstan Transport Ministry issued temporary permit for Almaty-Kiev flight Kazakhstan Ministry of Transport and Communications has issued a temporary permit to Ukrainian International Airlines for Kiev-Almaty-Kiev flights.
06 June 2012
Kazakhstan hopes Russian oil supplies to one of its three refineries will be resumed by July Kazakhstan hopes Russian oil supplies to one of its three refineries will be resumed by July Late May Russia’s Transneft reduced oil supplies to the Pavlodar-based oil refinery twofold. Originally the oil refinery was designed to process only Russia’s oil.
05 June 2012
Kazakhstan to turn to oil tolling schemes to tackle petrol shortages Kazakhstan to turn to oil tolling schemes to tackle petrol shortages Upon adopting respective amendments, Kazakhstan will be able to supply about 1.5 million tons of oil a year to China-based oil refineries for processing within oil tolling schemes.
05 June 2012
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