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Commodity turnover between CU countries grew 41% Commodity turnover between Russia, Belarus and Kazakhstan increased by 41 percent in the first six months of 2011.

24 August 2011

No significant shortages of petrol: Minister of Oil and Gas Tengrinews.kz reported that In January – July 2011 petrol production in Kazakhstan had dropped 16% as compared to the like period of 2010.

23 August 2011

Massimov forecasted drastic change of world economy Kazakhstan Prime-Minister spoke about the global economy at the Government meeting on August 22.

22 August 2011

Massimov spoke about media in Kazakhstan Most popular local TV-channels in Kazakhstan are Khabar, Kazakhstan, ORT Eurasia and El Arna.

19 August 2011

Lukoil finally closed Kazakhstan oil fields Russian oil company Lukoil closed two of three exploration projects at Caspian shelf in Kazakhstan.

18 August 2011

Insurers paid Kazakhstan for lost KazSat-1 Alatau insurance company made insurance payment for the loss of the first Kazakh national communication satellite KazSat-1.

16 August 2011

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.

15 August 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.

15 August 2011

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.

14 August 2011

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Kazakhstan residents spend $1 billion a year on smoking Residents of Kazakhstan spend $1 billion for sigarettes annually: Luigi Cervezato.

12 August 2011

Petrol production 16% down Production figure for January-July made up 1.5 million tons.

11 August 2011

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.

10 August 2011

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.

08 August 2011

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.

05 August 2011

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.

05 August 2011

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.

04 August 2011

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.

03 August 2011

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.

31 July 2011

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.

29 July 2011