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Economy

Kazakhstan won’t give up on planned nuclear power station Kazakhstan won’t give up on planned nuclear power station Kazakhstan won’t give up on planned nuclear power station despite radiophobia in the wake of events in Japan.
16 March 2011
Over a trillion tenge to be invested in electric power industry in Kazakhstan by 2015 Over a trillion tenge to be invested in electric power industry in Kazakhstan by 2015 New power generation capacities are expected at 3.7 thousand megawatt.
16 March 2011
Central Bank Governor reports to Nursultan Nazarbayev on the currency market Central Bank Governor reports to Nursultan Nazarbayev on the currency market Since the beginning of the 2011 the National Bank has purchased 6 billion dollars; KZT strengthened 1.25% against USD.
14 March 2011
Kazakhstan to issue Islamic bonds Kazakhstan to issue Islamic bonds Islamic bonds (sukuk) to hit Kazakhstan markets in 2011.
14 March 2011
Oil production in Kazakhstan grew 4% in 2 months Oil production in Kazakhstan grew 4% in 2 months In January-February 2011 Kazakhstan produced 4.1% more crude that during the similar period of 2010. Oil production target for 2011 is set at 81 million tons.
14 March 2011
KazAtomProm to increase wages 10-20% KazAtomProm to increase wages 10-20% Average wages of KazAtomProm employees made 148 thousand tenge ($1000) in 2010. Not everyone will get a pay rise in 2011.
11 March 2011
KazAtomProm to launch solar battery production in Astana KazAtomProm to launch solar battery production in Astana KazAtomProm will establish a solar battery production in Astana with a metallurgic unit in Ust-Kamenogorsk.
11 March 2011
Kazakhstan GDP growth expected at 6.5% Kazakhstan GDP growth expected at 6.5% Troika Dialog Kazakhstan Investment Company expects consumer spending to grow at least by 10%
10 March 2011
Kazakh-language media share at 5.9% Kazakh-language media share at 5.9% Out of 2700 periodicals issued in Kazakhstan, Kazakh-language periodicals only make up 453.
09 March 2011
TENGRI LIFE
TENGRI TRAVEL
Kazakhstan Central Bank sets key rate at 7.5% Kazakhstan Central Bank sets key rate at 7.5% Given the trends and the inflation rate, the Board decided to set the key rate at 7.5% from March 9, 2011.
09 March 2011
Almaty citizens spend $2.5 billion a year on food Almaty citizens spend $2.5 billion a year on food Citizens of Almaty spend 2.5 billion a year on food. Almaty oblast delivers food products worth $900 million a year and the remaining $1.6 billion worth of food is brought from elsewhere.
07 March 2011
Most expensive bread is found in Aktau Most expensive bread is found in Aktau Wheat bread made of first grade flour costs 107 tenge ($0.7) per kilo, the Statistics Agency of Kazakhstan reports.
06 March 2011
Kazakh uranium to be supplied to Japan via Russian sea ports Kazakh uranium to be supplied to Japan via Russian sea ports The first trial supply of 15 tons is scheduled for the autumn 2011. This new route is expected to cut down the shipping time by a month, ensuring greater safety.
05 March 2011
KMG EP’s profit grew 12% in 2010 KMG EP’s profit grew 12% in 2010 In 2010KMG EP’s profit after tax grew 12% making $1.591 million while average Brent price increased 28%.
03 March 2011
EBRD's Board of Governors annual meeting to take place in Astana EBRD's Board of Governors annual meeting to take place in Astana PM Karim Massimov and Olivier Decamps discussed preparation works for the 20th annual meeting of the EBRD's Board of Governors which will take place in Astana.
03 March 2011
Customs Union sets zero tax on grain imports Customs Union sets zero tax on grain imports The Custom Union’s commission decided to zero import tax on wheat, rye and oats.
03 March 2011
Confidence in collection agencies growing Confidence in collection agencies growing According to the Kazakhstan’s Financial Supervision Agency, the market of corporate debt in Kazakhstan is worth $4 billion.
02 March 2011
Kazakhstan banks to issue e-money Kazakhstan banks to issue e-money Kazakhstan banks will shortly be able to issue e-money. Respective legislation has been passed by the Lower Chamber today.
02 March 2011
Kazkhstan returns to managed float Kazkhstan returns to managed float That was announced by the Bank’s Vice Chairman Daniyar Akishev at the National business forum-2011 in Astana.
28 February 2011
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