Economy - страница 41

Small and middle-sized business news loan Kazakhstan Kazakh Asian Development Bank National Bank inflation

ADB provides a loan of $122 million to support S&MBs in Kazakhstan The loan is part of the second tranche of the $500 million program to support S&MBs approved by the ADB in 2012.

04 November 2014

IMF on inflation rate in Kazakhstan Earlier the country’s Central Bank reported that the annual inflation rate as of the end of July stood at 7%.

04 November 2014

L'Oreal manages sales growth despite Western European slowdown French cosmetics group L'Oreal said it managed to record a 2.0 percent gain in third quarter sales despite a soft performance in Western Europe.

04 November 2014

Kazakhstan's Kazakhmys completes restructuring, renamed to KAZ Minerals Kazakhstan's Kazakhmys Group has completed the restructuring process and has changed its name to KAZ Minerals Plc.

03 November 2014

Kazakhstan provides financial aid to African countries to combat Ebola Kazakhstan has rendered financial aid to African countries through the UN Ebola Multi-Partner Trust Fund to combat the deadly Ebola virus.

03 November 2014

Euro crisis firms German power, 25 years after Berlin Wall Twenty-five years after the Wall fell, analysts have little doubt that Europe's power now lies in Berlin, with the damaging eurozone crisis only heightening that perception.

03 November 2014

Russia cannot limit food transit from EU to Kazakhstan: Vice Minister of National Economy Russia may try to impose limitations on food transit from the European Union to Kazakhstan to prevent re-export of goods to Russia.

02 November 2014

Sliding Ruble hurts Kazakhstan's exports to Russia The continuing fall of the ruble exchange rate against dollar is taking its toll on the exports Kazakhstan is supplying to Russia.

31 October 2014

Deloitte, PwC, KPMG have captured Kazakh market: MP Kazakh MP Vladislav Kosarev has declared that something needs to be done about the foreign audit companies that have captured the Kazakh market.

31 October 2014

TENGRI LIFE

TENGRI TRAVEL

Minister of National Economy says $2.3bln budget deficit awaits Kazakhstan The Minister of National Economy of Kazakhstan Yerbolat Dosayev spoke about the changes to the national budget due to reduced economic growth and negative external factors.

31 October 2014

US spy agencies spent nearly $68 bn in 2014 US spy agencies spent nearly $68 billion in fiscal year 2014, about the same level of spending on intelligence gathering in the previous year.

31 October 2014

Governor of National Bank of Kazakhstan sees no reasons to worry about dynamics on international markets Governor of the National Bank of Kazakhstan has declared there was no reason to be worried about falling oil prices and West-Russia sanctions reciprocation.

31 October 2014

Apple in talks to sell iPhone in Iran: report Apple is in preliminary talks to sell the iPhone in Iran, if sanctions are eased on the Middle East nation.

30 October 2014

Kazakhstan National Bank official explains Single Pension Fund losses Advisor to the governor of the National Bank of Kazakhstan talks about pension fund losses as of September and the benefits of National Bank managing the Single Pension Fund.

30 October 2014

National Bank of Kazakhstan defends pension assets' investment into second tier banks The National Bank of Kazakhstan has responded to the criticism of several members of the Kazakh Parliament, who claimed the Single Pension Fund was practicing risky investments that put the pensioneers' savings in danger.

29 October 2014

Central Bank Governor on Toxic Assets Fund According to him, the money will only be provided to banks that have accumulated the most of NPLs. Kazkommertsbank and BTA to be shortly merged are among them as they jointly account for 62% of NPLs in the banking sector.

29 October 2014

Finance Minister on role of state-run enterprises in Kazakhstan’s economy According to him, the share of government-owned enterprises stands at around 40%.

29 October 2014

Kazakh deputies outraged at risky investments of Single Pension Fund Kazakhstan MP of Ak Zhol faction voiced their serious concern over the investments the Single Pension Fund was practicing. In their opinion, these activities may lead to destabilization of the entire lending sector of Kazakhstan.

28 October 2014

Borsa Istanbul to buy a stake in Kazakhstan's KASE Mid-September Kazakhstan's KASE signed a framework agreement on strategic cooperation with BIST; the agreement lays foundations for a long-term partnership, including through reciprocal purchase of shares.

27 October 2014