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Economy

news KazMunaiGas Kazakhstan Kazakh job cuts job National Bank Customs Union
KazMunaiGas cut a quarter of managerial jobs KazMunaiGas cut a quarter of managerial jobs Managerial personnel of KazMunaiGas National Oil Company has been axed by 23 percent.
18 March 2012
It is prematurely to talk of a single currency within the Customs Union: Central Bank Governor It is prematurely to talk of a single currency within the Customs Union: Central Bank Governor First of all, the member states would have to concert major macroeconomic parameters just like European nations did when formulating Maastricht criteria.
16 March 2012
National Bank preparing for e-tenge National Bank preparing for e-tenge Kazakhstan National Bank is working on implementation of e-tenge electronic money system.
16 March 2012
National Bank purchased 20 tons of gold since November 2011 National Bank purchased 20 tons of gold since November 2011 As of March 1, 2012 the Bank’s gold and currency reserves made up $35.352 billion, with the currency reserves standing at $30.072 billion.
15 March 2012
Almaty ranked 100th in Global City Competitiveness Index Almaty ranked 100th in Global City Competitiveness Index Astana did not get into the rating of the most competitive cities of the world, while Almaty was ranked 100th out of 120 cities.
15 March 2012
South Kazakhstan leads by number of registered cars South Kazakhstan leads by number of registered cars South-Kazakhstan Oblast became the leader by the number of registered cars in January 2012.
15 March 2012
500 thousand citizens unemployed in Kazakhstan 500 thousand citizens unemployed in Kazakhstan The number of unemployed Kazakhstan citizens made 500.2 thousand people in February 2012 and the unemployment level made 5.5 percent.
15 March 2012
Astana Mayor dispelled a myth on affordable housing Astana Mayor dispelled a myth on affordable housing Imangali Tasmagambetov dispelled a myth on easy affordability of the housing.
14 March 2012
Hyundai Marubeni of Japan to finance modernization of the Pavlodar-based oil refinery Hyundai Marubeni of Japan to finance modernization of the Pavlodar-based oil refinery The actual construction is to start in 2013 and complete by the Q4 2015.
14 March 2012
TENGRI LIFE
TENGRI TRAVEL
EBRD announces its 2012 plans for Kazakhstan EBRD announces its 2012 plans for Kazakhstan In 2011 the Bank financed a total of 14 projects worth Euro 289 million.
13 March 2012
EXPO-2017 will cost Kazakhstan $1.5 billion EXPO-2017 will cost Kazakhstan $1.5 billion Hosting EXPO-2017 will cost Kazakhstan $1.5 billion.
13 March 2012
Ablyazov's case comes in too costly for British taxpayers Ablyazov's case comes in too costly for British taxpayers British taxpayers spend millions of pounds on legal costs related to high-profile trials against rich foreign businessmen in London.
12 March 2012
Georgia offered aid to Egypt in export of Kazakhstan grain Georgia offered aid to Egypt in export of Kazakhstan grain Georgian Minister of Foreign Affairs Grigol Vashadze met with representatives of legislative and executive authorities of Egypt.
11 March 2012
Global crisis may be good for Kazakhstan economy Global crisis may be good for Kazakhstan economy Expert opinions about the benefits of the global crisis for Kazakhstan's economy.
08 March 2012
Kazakhstan may halt gas supplies to Kyrgyzstan Kazakhstan may halt gas supplies to Kyrgyzstan The Kazakh side has warned that if Kyrgyzstan doesn’t come up with a repayment schedule, there will be no gas supplies: Kyrgyz Energy Minister.
07 March 2012
Central Bank Governor on the Tenge strengthening Central Bank Governor on the Tenge strengthening The external conditions for Kazakhstan, a commodity exporter, are extremely favorable: Gregory Marchenko.
07 March 2012
Russia will supply gas to central Kazakhstan Russia will supply gas to central Kazakhstan A gas pipeline will be built from Kostanai oblast going through Kokshetau and to Astana.
06 March 2012
Mynbayev explained reasons behind high air fares for local flights in Kazakhstan Mynbayev explained reasons behind high air fares for local flights in Kazakhstan Kazakhstan Minister of Oil and Gas Sauat Mynbayev explained the reason behind high prices for local flights.
05 March 2012
Stake in Karachaganak will bring $5 billion to Kazakhstan by 2037 Stake in Karachaganak will bring $5 billion to Kazakhstan by 2037 Kazakhstan's 10-percent stake in KPO will generate an additional profit of $3.3-5 billion: Oil and Gas Minister.
05 March 2012
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