Economy - страница 196

Kazakhstan Q1 2011 GDP growth stands at 6.5% PM Karim Massimov announced GDP growth of 6.5% in Q1 2011 on his Twitter account today.

11 April 2011

KazMunaiGaz EP to explore new oil blocks KazMunaigaz EP is to purchase 4 oil blocks – Temir, Teresken, Karaton-Sarkamys and territories adjacent to Uzen and Karamandybys oil fields – from its parent company, KazMunaiGaz.

11 April 2011

Kazakh business to face no illegal inspections A software tracking all inspections of small and medium businesses will be introduced on July 1, 2011.

09 April 2011

Debtors will no longer be allowed to travel abroad Kazakhstani Ministry of Justice plans to prohibit the exit from the country for those Kazakhstan citizens, who have tax or alimony arrears.

08 April 2011

Fuel in Kazakhstan to be 13% cheaper than in Russia Kazakhstan will restrain fuel prices after opening the Unified Economic Space and keep them 10-13 percent lower than in Russia.

08 April 2011

Jewish Al-Jazeera to be created Aleksandr Mashkevich promised to to create a pro-Jewish TV-channel to carry out explanatory work against delegitimation of Israel in the world.

08 April 2011

Another delay at Kashagan possible “We are expecting the concept of the 2nd stage will be available in December”: Minister of Oil and Gas Sauat Mynbayev.

07 April 2011

KazAtomProm and Purolite to produce chemicals KazAtomProm and Purolite International AG signed a memorandum of understanding and cooperation in technologies and innovations.

07 April 2011

Clean up of Kazakh banks may start July 1 Introduction of a new mechanism to clean up banks of bad loans needs some amendments into the applicable legislation: Gregory Marchenko, Chairman of the National Bank.

07 April 2011

TENGRI LIFE

TENGRI TRAVEL

New business support program to be launched April 15 Productivity-2020 business support program will be launched in Kazakhstan on April 15.

06 April 2011

Kazakh imports grew 10.3% in 2010 In 2010 imports figure stood at $ 30.4 billion, against $ 28.4 billion in 2009.

06 April 2011

Kazakh National Bank issued Olympics-2012 silver coin Kazakhstan National Bank issued an Olympics-2012 silver coin.

06 April 2011

Gold and currency reserves 17% up since start of year Kazakhstan’s gold and currency reserves, including those of the National Bank and the National Fund, make up $ 69 billion as of the end of March.

06 April 2011

World Bank announces grant competition World Bank Country Office has announced launch of a grant competition under the Civil Society Social Development Program worth $ 45,000 for nonprofit, nongovernmental, nonacademic organizations of Kazakhstan.

06 April 2011

Kashagan oilfield might face another 3-year delay Kazakhstan is planning to delay the works on the main phase of Kashagan development for three more years.

06 April 2011

Government to sell its stakes in Kazakh banks Samruk Kazyna Sovereign Fund is expected to sell its stakes in BTA, Temir Bank and Alliance Bank before 2014. According to the Fund’s Chairman Kairat Kelimbetov, the banks’ value is set to grow.

06 April 2011

KazMunaiGaz to develop O&G machinery building The program seeks to launch production of 35 types of equipment locally: the company’s statement.

05 April 2011

Kazakhstan has no plans to extend ban on exports of fuels and lubricants We will no longer be able to ban exports, as the Customs Union has its own rules to follow: Lyazzat Kiinov, Vice Minister of Oil and Gas.

05 April 2011

Kazakhstan to designate exclusive gas exporter Plans are there to export Kazakhstan’s gas exclusively through a national operator’s pipelines: Lyazzat Kiinov, Vice Minister of Oil and Gas.

05 April 2011