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  1. Main
  2. Economy

Economy

Gold production output to grow 2.3 times by 2014 Gold production output to grow 2.3 times by 2014 The task is to bring gold production output to over 70 tons per year by 2014: Asset Issekeshev, Vice Minister of Industry and Trade.
07 April 2011
New business support program to be launched April 15 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 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 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 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 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 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 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 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
TENGRI LIFE
TENGRI TRAVEL
Kazakhstan to designate exclusive gas exporter 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
KEGOC National Power Grid Operator’s budget 6% up KEGOC National Power Grid Operator’s budget 6% up We plan to invest $117 million this year. We have entered the 2nd stage of modernization works on the national electric power grid: KEGOC Chairman.
04 April 2011
Kazakhstan needs nuclear power plant of its own Kazakhstan needs nuclear power plant of its own This will entail emergence of vertically-integrated companies that are likely to use domestic commodities, spurring economy growth.
04 April 2011
KazKommertsBank ready to buy back 21.2% of its common stock KazKommertsBank ready to buy back 21.2% of its common stock A final decision will be taken by the parties of this agreement – major shareholders of the Bank and Samruk-Kazyna Sovereign Wealth Fund.
01 April 2011
KazakhTelecom to double Internet speed KazakhTelecom to double Internet speed KazkhTelecom will double Internet access speed up to 10Mbit/sec starting from April 1.
01 April 2011
Kazakhstan citizens saved 2.3 trillion tenge for retirement Kazakhstan citizens saved 2.3 trillion tenge for retirement FSA report: Kazakhstan citizens ve saved 2.3 trillion tenge ($15.8 billion) for retirement.
31 March 2011
No reason for the tenge’s steep appreciation No reason for the tenge’s steep appreciation In 2011 the tenge has strengthened against the US Dollar 1.1%.
31 March 2011
China ranked 1st by numbers of labour migrants in Kazakhstan China ranked 1st by numbers of labour migrants in Kazakhstan Turkey follows China in terms of labour migrants headcount in Kazakhstan. In 2011 Kazakhstan can accept another 40 thousand foreign specialists.
31 March 2011
Halyk Bank to buy back its stock Halyk Bank to buy back its stock Kazakhstan Halyk Bank will buy back 213 million of its common shares from Samruk-Kazyna National Welfare Fund.
31 March 2011
Almaty looking forward to new gas-filling stations Almaty looking forward to new gas-filling stations KazTransGas and British Gas have successfully launched the first gas-filling station in Almaty. More are coming.
31 March 2011
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