Economy - страница 198

Prime-Minister Massimov Masimov Kazakhstan Kazakh Karim Masimov investor investment Ernst & Young Yessimov Almaty

76% say investments into Kazakhstan sucessful: Ernst & Young According to Ernst & Young, one of the Big Four auditors, 81% of the investors believe their investments to Kazkahstan were a right decision. 76% of them consider the investments to be successful.

25 April 2011

Almaty Akim instructed to simplify tax reporting for business 43 thousand of individual entrepreneurs of Almaty are awaiting simplification of tax reporting.

24 April 2011

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.

23 April 2011

Temirtau company fined for environamental damage According to Temirtau Prosecutor's office, Bassel Group LLS was fined $30 thousand for ecological damage.

20 April 2011

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.

20 April 2011

Ex-chairman of abrogated agency got a job in Samruk Kazyna Former chairman of the abrogated Financial Supervision Agency Yelena Bakhmutova will work in Samruk Kazyna Sovereign Wealth Fund.

19 April 2011

TENGRI LIFE

TENGRI TRAVEL

Financial Supervision and RFCA Commissions created in National Bank Commissions for the Regional Financial Center of Almaty (RFCA) and Financial Supervision are created in Kazakhstan National Bank.

19 April 2011

Kazakhstan’s aggregate gold and currency reserves exceed $ 70 billion Earlier, the National Bank informed that the gold and currency reserves of the National Bank grew 25% for January – March, reaching $ 34.6 billion.

19 April 2011

Americans to produce agruciltural equipment in Kazakhstan AGCO and KazArgoFinance discuss deliveries of agricultural machines and establishment of assembly facilities in Kazakhstan.

19 April 2011

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.

16 April 2011

Chevron Chief Executive Officer John Watson meets President Nazarbayev Company plans to invest into construction of a wind farm, contributing to development of renewable sources of energy in Kazakhstan: John Watson.

14 April 2011

Jan-Feb Kazakhstan’s crude oil exports 9.3% up Oil is supplied to Italy (26.1% of the exports), the Netherlands (12.9%), China (12.3%), and Austria (7.5%): State Agency for Statistics.

13 April 2011

Q1 2011 coal production 12.5% up Coal production in the Q1 2011 stood at 30 874 000 tons: State Agency for Statistics.

13 April 2011

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.

13 April 2011

KEGOC 2010 net profit at $39.7 million In 2009 the Company faced a net loss of $ 30.5 million.

13 April 2011

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.

12 April 2011