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Economy

Tenge ruble news Kazakhstan Kazakh finance euro dollar currency Vladimir Putin cooperation
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
TENGRI LIFE
TENGRI TRAVEL
Foreign investors consider Kazakhstan one of most attractive markets in CIS Foreign investors consider Kazakhstan one of most attractive markets in CIS Over 30 percent of polled foreign investors consider Kazakhstan one of the most attractive markets in CIS.
04 June 2012
New 10,000 tenge banknote released in Kazakhstan New 10,000 tenge banknote released in Kazakhstan Newly designed banknote with a nominal value of 10,000 tenge has been released in Kazakhstan.
04 June 2012
KazakhTelecom to invest $400 million in 4G network development KazakhTelecom to invest $400 million in 4G network development KazakhTelecom to invest about $400 million in Long Term Evolution (LTE) technology aiming at 4G network development.
04 June 2012
Kyrgyzstan prolonged contract on gas supply from Kazakhstan Kyrgyzstan prolonged contract on gas supply from Kazakhstan KazTransGaz has prolonged the contract to supply 70 million cubic meters of gas to Kyrgyzstan, Deputy Director General of Kyrgyzgas, Yevgeny Orlenko said.
01 June 2012
Kazakhstan ranked 88th in debtors rating Kazakhstan ranked 88th in debtors rating Around $7,422 of the state debt falls on each Kazakhstan citizen.
30 May 2012
Kazakhstan grain exports reached 10.6 million tons Kazakhstan grain exports reached 10.6 million tons The balance of the last year’s grain harvest stood at 9.3 million tons, which means another 4.5 million tons could be exported.
30 May 2012
International nuclear fuel bank may be launched in Kazakhstan in summer 2013 International nuclear fuel bank may be launched in Kazakhstan in summer 2013 Prep works are under way at the Ulba metallurgical plant [engaged in production of hi-tech uranium, beryllium and tantalum products for the needs of the nuclear power industry] to host the bank: Head of the State Agency for Nuclear Power Industry.
30 May 2012
Common CES currency will be possible in 5 years Common CES currency will be possible in 5 years We will need a common currency in the course of development of our relations, but this has to be natural: expert.
29 May 2012
Kazakhstan Transport and Communications Ministry working on implementation of mobile payments Kazakhstan Transport and Communications Ministry working on implementation of mobile payments Kazakhstan Minister of Transport and Coomunications Askar Zhumagaliyev talked about implementation of mobile payments in Kazakhstan.
28 May 2012
Kazakhstan businessmen flock to American Chamber of Commerce Kazakhstan businessmen flock to American Chamber of Commerce More and more Kazakh businessmen are trying to get a membership in the American Chamber of Commerce: AmCham Executive Director Doris Bradbury
26 May 2012
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