Economy - страница 59

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Kazakhstan approves new geological exploration program Kazakhstan's geological exploration will focus on precious metals, especially gold, rare earth metals and copper.

20 May 2014

South Korea's Kumho to upgrade Philippine airport A South Korean firm has won an $82.9-million contract to upgrade an airport at one of the Philippines' hottest tourist destinations, authorities said.

20 May 2014

Bulat Utemuratov finalizes Temirbank and Alliance Bank purchase and talks about their future Samruk-Kazyna National Wealth Fund finalized sale of its shares in two Kazakhstan banks, Temirbank and Alliance Bank, to Bulat Utemuratov.

20 May 2014

Almaty to beat Moscow by trade areas supply Almaty will outgrow Moscow by Gross Leasable Area per capita in two years.

20 May 2014

Credit Suisse guilty on US felony charge, pays $2.6 bn Credit Suisse pleaded guilty and was fined $2.6 billion Monday for helping Americans avoid taxes, the first time in 20 years a major bank has been punished on US criminal charges.

20 May 2014

AstraZeneca rejects Pfizer's final $117bn bid British drugs giant AstraZeneca rejected on Monday a final takeover bid from US rival Pfizer worth $117 billion, saying it undervalued the firm and created uncertainty and risk for shareholders.

20 May 2014

Yahoo Japan cancels $3.2 bn plan to buy eAccess Internet giant Yahoo Japan said Monday it had cancelled plans to buy domestic telecom company eAccess from its parent SoftBank Corp. in a deal that was valued at about $3.2 billion.

20 May 2014

Swiss turn down world's highest minimum wage Swiss voters on Sunday rejected a proposal to introduce the world's highest minimum wage, which would have guaranteed every worker in one of the world's priciest nations at least $25 an hour.

19 May 2014

Kazakhstan planning to reduce foodstuffs imports The imports figures are posing a certain threat to domestic processing enterprises (…) The Government has placed a greater emphasis on development of processing enterprises to stimulate production: Agriculture Minister.

17 May 2014

TENGRI LIFE

TENGRI TRAVEL

PlayStation 4 leads jump in US console sales Sony's PlayStation 4 led a surge in console sales that lifted the US video game market in April, said figures released Thursday by market research firm NPD Group.

17 May 2014

Bank of America enters KASE Bank of America has entered the Kazakhstan Stock Exchange (KASE).

16 May 2014

Mass layoffs expected at ArcelorMittal Temirtau ArcelorMittal Temirtau plans to dismiss almost one thousand Kazakhstan workers in 2014.

16 May 2014

Japan budget carrier cancels flights due to pilot shortage Japanese low cost carrier Vanilla Air said Friday it will cancel scores of flights in June because it does not have enough pilots to fly them.

16 May 2014

Massive PNG gas project loads first shipment Australian energy firm Santos said Friday the first exports from its huge US$19 billion gas project in Papua New Guinea will soon depart for Japan, four years after the joint venture was given the go-ahead.

16 May 2014

Kazakhstan to supply electric locomotives to Azerbaijan Alstom Transport has signed a contract to supply 50 KZ8A freight locomotives produced in Astana-based Elektrovoz Kurastyru Zauitty to Azerbaijan Railways.

16 May 2014

KazMunaiGas discovers new oil KazMunaiGas Exploration Production JCS has announced a new discovery in the Bashkirian tier’s sediments of the Carboniferous period in the Rozhkovskoye field.

16 May 2014

Kazakhstan exports 20.383 million tons of crude and condensed gas in the first quarter In monetary terms, the exports figure for the period made up $16.690 billion, 20.7% up against the like period of 2013.

15 May 2014

Kazakhstan's economy benefits from devaluation: Kelimbetov National Bank Chairman Kairat Kelimbetov declared that the economy of Kazakhstan responded positively to the recent 20% devaluation of the Tenge.

14 May 2014

Central Bank Governor on Kazakhstan-based banks According to him, only Halyk Bank could be considered as truly important for the entire banking system as of today, with the new entity of merged KazKommertsbank and BTA having some prospects.

13 May 2014