Uzbek cars hinder development of Kazakhstani car manufacturing Uzbek cars hinder development of Kazakhstani car manufacturing Kazakhstani car manufacturers blame Uzbek cars for hindering the development of the local car production.
28 July 2014
Bose sues Beats over headphone patents Bose sues Beats over headphone patents Audio technology veteran Bose Corporation sued Beats Electronics over patented technology for canceling noise in earphones.
26 July 2014
Kazakhstan does not need its own payment system: experts Kazakhstan does not need its own payment system: experts Experts believe that Kazakhstan does not need its own payment system and doesn't have the conditions to effectively introduce it.
26 July 2014
Cautious Royal Bank of Scotland reports sharp recovery Cautious Royal Bank of Scotland reports sharp recovery Britain's state-rescued Royal Bank of Scotland warned over future earnings despite posting a surge in profits.
25 July 2014
US food firm sorry over China 'bad meat' scandal US food firm sorry over China 'bad meat' scandal The US food supplier at the centre of an expired meat scandal in China has apologised, as KFC and Pizza Hut's parent company said it would stop using the firm's products in the key Chinese market.
25 July 2014
High-flying hopes of nonexistent planes in Kazakhstan High-flying hopes of nonexistent planes in Kazakhstan The first aircraft plant in Kazakhstan has not produced a single flying plane. Why?
24 July 2014
Kazakhstan and Russia discuss extending sales contract for Karachaganak gas Kazakhstan and Russia discuss extending sales contract for Karachaganak gas Since 2002 Gazprom of Russia and KazMunaiGas National Oil Company have been cooperating within a JV KazRosGas to sell gas from Karachaganak field, send it to Russia’s Orenburg-based gas treatment facility to be further sold to consumers both in Kazakhstan and Russia.
24 July 2014
Canadian aviation giant Bombardier to cut 1,800 jobs Canadian aviation giant Bombardier to cut 1,800 jobs Canada's Bombardier will cut 1,800 jobs, the troubled aviation giant announced Wednesday in a major reorganization.
24 July 2014
Netherlands no longer biggest investor into Kazakh economy Netherlands no longer biggest investor into Kazakh economy As of the end of 2013, according to the Kazakhstan’s Central Bank, the Netherlands was the largest investor, with the FDI standing at $728.1 million in the Q4 2013 alone.
23 July 2014
Kazakhstan-based car makers facing obstacles to car exports to Russia Kazakhstan-based car makers facing obstacles to car exports to Russia Not a single one out of the current 5 car making facilities has been able to export its cars, excepting minor one-time supplies.
23 July 2014
Kazakhstan’s Central Bank Governor on banks’ net worth and deposits restrictions Kazakhstan’s Central Bank Governor on banks’ net worth and deposits restrictions He reminded the Central Bank had suggested gradually raising the mandatory net worth from the current $54.6 million to $546 million by 2019.
22 July 2014
Air Astana conducts first flight to Ukraine since MH17 crash Air Astana conducts first flight to Ukraine since MH17 crash Air Astana has made its first flight to Kiev since the crash of Malaysia Airlines Boeing 777 over Donetsk region in Ukraine.
22 July 2014
Central Bank Governor on prices for real estate at the threshold of EXPO-2017 Central Bank Governor on prices for real estate at the threshold of EXPO-2017 According to the Central Bank Governor, about 15% of those taking mortgages are insolvent.
22 July 2014
Monthly average shopping expenses revealed in Kazakhstan Monthly average shopping expenses revealed in Kazakhstan Almaty, the biggest Kazakhstan’s city, is ranked 1st in terms of the average monthly expenses, with the average monthly amount standing at 91 000 tenge ($497), 5 times in excess of the subsistence level set for the region.
22 July 2014
Kazakhstan announces grain exports figure Kazakhstan announces grain exports figure Kazakhstan’s 2013 grain harvest (net weight) made up 18.9 million tons. According to the Kazakh Agriculture Ministry, grain exports in the 2013-2014 marketing year were estimated at about 7 million tons.
22 July 2014
Russian steelmaker Severstal announces sale of US plants Russian steelmaker Severstal announces sale of US plants Russia's steel giant Severstal announced on Monday the sale of its North American plants to US companies for a total of $2.3 billion (1.7 billion euros).
22 July 2014
Kazakh company reinsured downed Malaysia Airlines Boeing for $3mln Kazakh company reinsured downed Malaysia Airlines Boeing for $3mln Payments of Kazakhstan-based Eurasia Insurance Company may exceed $3 million in claims over the shot down Malaysia Airlines MH17 flight.
21 July 2014
Kazakhstan ranks 79th in Global Innovation Index 2014 Kazakhstan ranks 79th in Global Innovation Index 2014 Kazakhstan has moved 5 lines up and is ranked 79th out of 143 countries in the Global Innovation Index.
21 July 2014
IMF chief says low inflation can hit European growth IMF chief says low inflation can hit European growth IMF chief Christine Lagarde warned that low inflation could damage growth in Europe and urged the European Central Bank to maintain a flexible policy.
19 July 2014

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