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Economy

Russia news Kazakhstan Kazakh immigration CIS trade export
Number of people willing to move to Russia from Kazakhstan tripled since May Number of people willing to move to Russia from Kazakhstan tripled since May 420-450 people a month submit applications in Astana: Federal Migration Service.
30 October 2011
Azerbaijan to buy $10 million worth of Kazakhstan-made commodities Azerbaijan to buy $10 million worth of Kazakhstan-made commodities Export contracts for over $10 million were signed after presentations of Kazakhstan's commodities in Azerbaijan on October 24-25: KAZNEX INVEST.
29 October 2011
Astana 2011-2013 budget increased by 116.6 billion tenge Astana 2011-2013 budget increased by 116.6 billion tenge Maslikhat of Astana increased the city budget by 116.6 billion tenge ($793.2 million).
29 October 2011
National Bank Governor reports to President Nazarbayev National Bank Governor reports to President Nazarbayev According to Mr. Marchenko, deposits are growing, with deposits shifting from the US Dollar to the tenge.
28 October 2011
Russian-Kazakh uranium enrichment facility to be operable in 2012 Russian-Kazakh uranium enrichment facility to be operable in 2012 As of today Kazakhstan’s annual uranium production output stands at about 20 000 tons, that is 33% of the global production.
28 October 2011
Kazakhstan consideraing a fourth oil refinery by 2017 Kazakhstan consideraing a fourth oil refinery by 2017 In May 2011 Oil and Gas Minister Sauat Mynbayev told Kazkahstan might construct a new oil refinery by 2020.
28 October 2011
Nazarbayev congratulated agricultural workers on completion of harvesting Nazarbayev congratulated agricultural workers on completion of harvesting Nursultan Nazarbayev made an address to agricultural workers of the country on the occasion of completion of the harvesting and a record grain harvest.
27 October 2011
TengizChevroil fined 2 billion tenge TengizChevroil fined 2 billion tenge TCO made a blow-out of unconditioned gas exceeding the standards in July 2010.
27 October 2011
IMF raises economy growth estimates for Kazakhstan IMF raises economy growth estimates for Kazakhstan According to the National Agency for Statistics, economy growth figure in January – August made up 6.8%.
27 October 2011
TENGRI LIFE
TENGRI TRAVEL
Kazakhstan may export up to 15 million tons of grain Kazakhstan may export up to 15 million tons of grain As of today grain has been harvested in 99.7% of the area under grain, with 29.3 million tons thrashed so far.
26 October 2011
Timing of the People’s IPO can be adjusted in case of a serious crisis Timing of the People’s IPO can be adjusted in case of a serious crisis According to President Nazarbayev, the IPO for the general public will enable citizens to purchase shares of the largest Kazakh companies, giving them a new tool for investments and savings.
26 October 2011
Pavlodar-based oil refinery almost doubles oil processing Pavlodar-based oil refinery almost doubles oil processing The refinery has come to a record high volume of oil processing over the last ten years.
25 October 2011
Major Almaty cinema theaters on sale Major Almaty cinema theaters on sale Major cinema theaters of Almaty, Alatau, Tselinnyi, Iskra and Baikonur are on sale.
25 October 2011
Kazakhstan is among top three countries by economic growth rate Kazakhstan is among top three countries by economic growth rate Ernst & Young released the Development forecast for fast growing markets.
25 October 2011
Kazakhstan and Russia to abolish export duty on crude under the CIS free trade agreement Kazakhstan and Russia to abolish export duty on crude under the CIS free trade agreement The free trade agreement was signed in St. Petersburg by Russia, Ukraine Belarus, Kazakhstan, Armenia, Kyrgyzstan, Moldova and Tajikistan.
23 October 2011
France’s Areva and Kazkahstan’s KazAtomProm to boost uranium production by 21.2% France’s Areva and Kazkahstan’s KazAtomProm to boost uranium production by 21.2% As of today the Company produces over 3000 tons of uranium a year.
22 October 2011
National Bank to double the share of gold in gold and currency reserves National Bank to double the share of gold in gold and currency reserves When it comes to domestic demand, the Kazakhs have been more interested in silver, according to Mr. Marchenko.
22 October 2011
Kazakhstan tagged the best among CIS countries in the World Bank's business-rating Kazakhstan tagged the best among CIS countries in the World Bank's business-rating Kazakhstan gained 12 lines in the rating of countries with the most favorable conditions for business.
21 October 2011
Shymkent-based oil refinery suspended for overhaul Shymkent-based oil refinery suspended for overhaul Tengrinews.kz reported that In January – July 2011 petrol production in Kazakhstan had dropped 16% as compared to the like period of 2010.
20 October 2011
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