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  1. Main
  2. Economy

Economy

Kazakhstan has no plans to extend ban on exports of fuels and lubricants 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 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
TENGRI LIFE
TENGRI TRAVEL
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
Kazakhstan and Norway to agree on Abai Caspian oil block Kazakhstan and Norway to agree on Abai Caspian oil block The next step would be negotiations with Kazakhstan’s Ministry of Oil and Gas to obtain rights to develop Abai Caspian oil block.
30 March 2011
KazAtomProm and AtomRedMetZoloto sign MoU to produce rare earth metals KazAtomProm and AtomRedMetZoloto sign MoU to produce rare earth metals Rosatom's Director General Sergey Kirienko: Kazakhstan and Russia jointly have all the conditions in place to hold a strong position in the rare earth metals market.
30 March 2011
KazakhOil Aktobe to launch $ 300 million gas plant in November KazakhOil Aktobe to launch $ 300 million gas plant in November The project worth $ 300 million is a major part of the region’s industrialization program.
30 March 2011
KazAtomProm to buy stake in RosAtom’s subsidiary KazAtomProm to buy stake in RosAtom’s subsidiary
30 March 2011
PHOTO: Kazakh National Bank issued SCO Anniversary silver coins PHOTO: Kazakh National Bank issued SCO Anniversary silver coins Kazakhstan National Bank issued a silver coin on the occasion of the 10th Anniversary of the Shanghai Cooperation Organization.
30 March 2011
Kazakhstan to factor in Fokushima when constructing nuclear power station Kazakhstan to factor in Fokushima when constructing nuclear power station According to the Ministry of Industry and Trade, Kazakhstan is carrying out feasibility studies to construct a nuclear power station. The recent disaster in Japan calls for revisiting of the Kazakh nuclear program.
29 March 2011
RosAtom head to discuss construction of nuclear power station in Kazakhstan RosAtom head to discuss construction of nuclear power station in Kazakhstan The nuclear power station is at the stage of feasibility studies.
29 March 2011
Kazakhstan to produce 20 000 tons of uranium in 2012 Kazakhstan to produce 20 000 tons of uranium in 2012 In 2011 Kazakhstan plans to extract 19 600 tons of uranium, with the output to be increased if required.
29 March 2011
Capital flows, monetary challenges focus of G20 Capital flows, monetary challenges focus of G20 This "is the first time that a big emerging country" hosts a G20 meeting. But China's exchange rate system will not be up for discussion.
29 March 2011
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