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Economy

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Kazakhmys and Air Liquide of France to jointly produce industrial gases Kazakhmys and Air Liquide of France to jointly produce industrial gases Respective MoU was signed under the aegis of the Kazakhstan’s Ministry of Industry and New Technology April 19.
20 April 2012
Kazakhstan’s economy attracted $147 billion in FDI in 2011 Kazakhstan’s economy attracted $147 billion in FDI in 2011 April 18 Geneva hosted the 11th sitting of the working group on Kazakhstan’s accession into the WTO.
20 April 2012
Air Astana Airline incurs losses of $11 million Air Astana Airline incurs losses of $11 million Kerosene price hiked by almost 200% compared to 2010.
19 April 2012
Caspian Aktau Seaport has seen the second stage of the expansion project complete Caspian Aktau Seaport has seen the second stage of the expansion project complete The expansion project seeks to expand handling capacity of the only maritime gates of the country twofold.
19 April 2012
Toxic assets fund under the National Bank of Kazakhstan launched Toxic assets fund under the National Bank of Kazakhstan launched Should the toxic assets fund be successful, second tier banks will get rid of toxic assets worth $2 billion: Central Bank Governor.
19 April 2012
New chairman of BTA Bank appointed New chairman of BTA Bank appointed Erik Balapanov has been elected a new chairman of BTA Bank.
18 April 2012
IMF upbeat about Kazakhstan’s economy IMF upbeat about Kazakhstan’s economy International Monetary Fund (IMF) in its World Economic Outlook report forecasts that the 2012 Kazakhstan’s real GDP growth will make up 5.9%, reaching 6% in 2013.
18 April 2012
5-7 million tons of grain to roll over to the 2012-2013 agricultural year 5-7 million tons of grain to roll over to the 2012-2013 agricultural year This is the record high figure: Agriculture Minister Assylzhan Mamytbekov.
18 April 2012
Agriculture Ministry reduces anticipated grain exports figure to 11-12 million tons Agriculture Ministry reduces anticipated grain exports figure to 11-12 million tons As of April 1, 2012 Kazakhstan exported a total of 8.4 million tons of grain.
17 April 2012
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Kazakhstan will suspend gas supplies to Kyrgyzstan on May 1 Kazakhstan will suspend gas supplies to Kyrgyzstan on May 1 Kazakhstan is going to stop gas supplies to Kyrgyzstan for debts.
17 April 2012
Kazakhstan Oil and Gas Ministry is not allowed a large fuel prices raise Kazakhstan Oil and Gas Ministry is not allowed a large fuel prices raise Kazakhstan Oil and Gas Ministry is not allowed a large increase of the fuel prices.
16 April 2012
Kazakhtelecom to create the biggest Data Center in CIS Kazakhtelecom to create the biggest Data Center in CIS Kazakhtelecom will construct the biggest Data Processing Center in CIS in Pavlodar.
16 April 2012
Kazakhstan will have 8 new international flights in 2012 Kazakhstan will have 8 new international flights in 2012 Air Astana and SCAT air companies will launch 8 new international routes by the end of 2012.
13 April 2012
Crude and gas production and exports figures announced Crude and gas production and exports figures announced In January and February 2012 Kazakhstan exported 12.576 million tons of crude oil and condensed gas, 24.3% up against the like period of 2011.
13 April 2012
KazTransOil to float its shares within People’s IPO in September KazTransOil to float its shares within People’s IPO in September www.halyk-ipo.kz website has been launched recently to provide news on the Program, informing visitors on the participating companies and securities market basics.
13 April 2012
Kazakhstan to supply its grain to Indonesia Kazakhstan to supply its grain to Indonesia Respective memorandum was signed during President Nazarbayev’s first ever state visit to Indonesia.
13 April 2012
Multi-story buildings waste heat energy in Kazakhstan Multi-story buildings waste heat energy in Kazakhstan Heat energy consumption in Kazkahstan is around 240 kW-hours per a square meter a year: Serik Nokin.
13 April 2012
Visa Inc. to open an office in Almaty Visa Inc. to open an office in Almaty The total of transactions via VISA cards in 2011 in Kazakhstan made up $1.7 billion, 34% up against 2010.
13 April 2012
Astana budget is 2.5 times the size of Minsk budget Astana budget is 2.5 times the size of Minsk budget Astana budget is 2.5 times larger than the budget of Minsk.
12 April 2012
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