Mussabayev talked about Russia's benefits from Baikonur
Talgat Mussabayev from Kazakh National Space Agency spoke about Russia's profit from Baikonur. Kazakhstan needs ways to continue the cosmodromes operations in case Russia moves away to its own space centers.
Massimov warns of oil price downturn
Kazakhstan Prime-Minister Karim Massimov warned his ministers of a high probability of the global oil price downturn.
20 April 2011
Yandex to invest in start-ups
Yandex.Fabrika started investing into commercial start-ups. The company is looking for partners and talents.
20 April 2011
Kazakh company to pay $5 million to Kyrgyzstan
Summer Gold will pay $5.1 million to Kyrgyzstan for delays in construction of a gold plant. Kyrgyz government intentionally hindered construction, the company says.
20 April 2011
34 markets to be demolished in Almaty
34 Almaty markets in Almaty are going to be demolished. The remaining 40 will be reconstructed. The effort is expected to take 6-7 years.
Concerted currency policy for the Customs Union: Marchenko
Customs Union member states – Kazakhstan, Russia, Belarus – should pursue a concerted currency policy in order to prevent exchange rates steep fluctuations of the countries’ currencies: Gregory Marchenko, Chairman of the National Bank.
Kazakhstan lost leadership in flour export
For the first time in the last four years Kazakhstan has lost the world leadership in flour export. This year Kazakhstan ranks fourth.
Jan-Feb foreign trade turnover 32.4% up
Foreign trade turnover in Jan-Feb 2011 made up $ 15.4 billion, 32.4% up against the like period of 2010: Agency for Statistics.
Q1 2011 oil production output 3.5% up
In the Q1 2011 Kazakhstan produced a total of 17 163 100 tons of crude oil and 3 272 400 tons of condensed gas, 3.5% and 4.3% up against the like period of 2010 respectively.