National Bank forecasing food prices raise
Kazakhstan National Bank is forecasting an increase of prices for fruits, vegetables, eggs, milk and meat products, clothes, shoes and some of public utilities in Q4 2011.
Kazakhs are better beer drinkers than Kyrgyzs
Kazakhstan residents drink 4 times more beer than Kyrgyzs. Kyrgyzstan residents drank 49.8 million liters of beer in 2010, which is 47 percent of the total volume of alcohol consumption.
Managers of Almaty shopping centers asked to install parking lots for bicycles
Almaty cycling community is asking managers of shopping centers to install special parking lots for bicycles.
Stock of Samruk-Kazyna's subsidiaries transferred to Kazakhstan Ministries
Nursultan Nazarbayev decreed to transfer stakes in subsidiaries of Samruk Kazyna Sovereign Wealth Fund Kazakhstan Ministries for management.
Kazakhstan residents spend $1 billion a year on smoking
Residents of Kazakhstan spend $1 billion for sigarettes annually: Luigi Cervezato.
No more subsidies to wheat production starting from 2012
We believe subsidies to wheat growing are not effective: KazAgro National Company Vice Chairman of the Board Kairat Aituganov.
Kazakhstan raises grain harvest estimates
According to President Nazarbayev, a total of $1.2 billion was earmarked out of the state budget to support the agriculture sector this year.
St. Petersburg’s Penoplex wants to monopolize Kazakh frost protection market
Penoplex holding has launched the second $3.3-million line producing building insulation materials.
Reshuffling expected in BTA top management
To improve performance of the bank its current CEO Anvar Saidenov will replace Arman Dunayev as the Chairman of the Board.
Nazarbayev met with Aksu Termal Power Plant workers
President of Kazakhstan thanked the plant’s employees for the successful launch of the second power generation unit of the plant.
Customs Union to freeze import duties till 2012
Starting from August 25 a moratorium on changes in import duties will be in place in Russia, Belarus and Kazakhstan.
Kazakhstan’s gas stations make sure wholesale price for fuel is also regulated by the Government
In August the wholesale price for petrol shall not exceed 87% of the retail price ceiling set by the Oil and Gas Ministry.
Kazakh meat king advises against American beef
Head of Kazakhstan’s meat union and director of a large agricultural company spoke about meat at the international cattle-breeding forum.
Kazakh Ministry of Transport and Communications taking steps to rout out flight delays
According to Transport Minister Berik Kamaliyev, the Administrative Code will be amended to toughen responsibility of airlines and airports for flight delays.
Karachaganak to settle issues with Kazakh authorities by the end of 2011
I believe that discussions will come to a constructive conclusion and I expect that this will be this year, possibly, by the end of this year: KPO head.
KazakhGold completed reverse take-over of Polyus Zoloto
KazakhGold Group Limited received 89.14 percent of Polyus Zoloto by reverse take-over.
KazAgro allocates $554 million to finance the national agriculture sector before July 1
The funds were used to extend loans to agricultural producers and to help finance lease operations in the sector.
Karim Massimov earns $228 a day
The salary of Kazakhstan Prime-Minister Karim Massimov is three times less than that his Russian counterpart Vladimir Putin.
Medvedev signed a law to cooperate with Kazakhstan in oil deliveries
President of Russia signed several laws regulating cooperation with Kazakhstan within the Common Economic Space.