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Talks to be held to boost oil production at other oilfields over failed plans to produce 2.5 million tons at Kashagan Talks to be held to boost oil production at other oilfields over failed plans to produce 2.5 million tons at Kashagan Talks will be held with other oil producers to boost crude production and exports by at least 1.5 million tons at other oilfields: Minister of Economic Affairs.
14 April 2014
Consumer loans in Kazakhstan reach 2.3 trillion Tenge Consumer loans in Kazakhstan reach 2.3 trillion Tenge Consumer credit for an average wage worker in Kazakhstan does not exceed a four months' salary, Tengrinews reports citing Ranking.kz.
14 April 2014
US launches probe into weight loss company Herbalife US launches probe into weight loss company Herbalife US authorities have opened a criminal probe into the nutrition and weight loss company Herbalife Ltd., according to media reports Saturday.
13 April 2014
Chevron, YPF ramp up Argentina shale investment Chevron, YPF ramp up Argentina shale investment US oil giant Chevron and state-controlled YPF unveiled plans Thursday to spend another $1.6 billion to develop Argentina's Vaca Muerta shale formation for oil and gas projects.
12 April 2014
Central Bank approves Bulat Utemuratov's purchase of Alliance Bank and Temirbank Central Bank approves Bulat Utemuratov's purchase of Alliance Bank and Temirbank Kazakhstan businessman Bulat Utemuratov has received a permission from the Central bank to finalize his purchase of Alliance Bank and Temirbank.
11 April 2014
President Nazarbayev instructs to develop strategy to invest assets of Single Pension Fund President Nazarbayev instructs to develop strategy to invest assets of Single Pension Fund President also stressed that the National Bank should develop extra incentives to reduce dollarization of the banking sector.
11 April 2014
Government should teach Kazakhstan’s citizens to pay off loans: President Nazarbayev Government should teach Kazakhstan’s citizens to pay off loans: President Nazarbayev President is confident that excessive support to businesses on the part of the Government hampers businesses from developing.
11 April 2014
People in Astana don't like new apartments? People in Astana don't like new apartments? Astana folks abstain from buying apartments in new buildings.
11 April 2014
Toyota permits Kazakhstani retailers to use its trademark Toyota permits Kazakhstani retailers to use its trademark Kazakhstani sellers of car spare parts have finally been permitted to use Toyota trademark on they advertisement banners and leaflets.
11 April 2014
TENGRI LIFE
TENGRI TRAVEL
Marks & Spencer reports rising Q4 sales Marks & Spencer reports rising Q4 sales British high street retailer Marks & Spencer posted rising fourth-quarter sales on Thursday, boosted by strong performances for clothing and food, and also at its international division.
11 April 2014
Kazakhstani banks reduce external debt by $2.4 billion Kazakhstani banks reduce external debt by $2.4 billion Kazakhstani banks have reduced their external debt by $2.4billion.
09 April 2014
Intel lays off of 1,500 employees in Costa Rica Intel lays off of 1,500 employees in Costa Rica US microchip giant Intel announced Tuesday it was reducing its assembly and testing operations in Costa Rica and will lay off 1,500 employees.
09 April 2014
Kazakhmys sells 50% in Ekibastuz GRES-1 to Samruk-Energo Kazakhmys sells 50% in Ekibastuz GRES-1 to Samruk-Energo Kazakhmys PLC has finalized the sale of 50% in Ekibastuz GRES-1 to Samruk-Energo JSC for $1.25 billion.
08 April 2014
Civil Aviation Committee launches a comprehensive inspection of SCAT airline Civil Aviation Committee launches a comprehensive inspection of SCAT airline April 7, 2014 a Boeing 737 operated by SCAT made an emergency landing at the airport of Astana. January 29, 2013, a CRJ 200 operated by SCAT, crashed 5 kilometers away from Almaty.
08 April 2014
Kazakhstan’s international reserves figure announced Kazakhstan’s international reserves figure announced The gold and FX reserves of the National Bank for the period grew by 7.45% to reach $26.517 billion, with the assets of the National Oil Fund growing by 3.18% for the period to reach $72.787 billion.
08 April 2014
Indian drug maker Sun to buy troubled peer Ranbaxy for $4.0 bln Indian drug maker Sun to buy troubled peer Ranbaxy for $4.0 bln Top Indian drug giant Sun Pharmaceutical Industries said Monday it had agreed to buy its troubled peer Ranbaxy for $4.0 billion in stock, ending its ill-fated six-year control by Japan's Daiichi Sankyo.
07 April 2014
Oil Minister on Kazakhstan’s export capabilities amidst possible sanctions against neighboring Russia Oil Minister on Kazakhstan’s export capabilities amidst possible sanctions against neighboring Russia According to him, Kazakhstan’s Caspian sea port in Aktau now exports about 12 million tons of crude; the route to China also remains important.
07 April 2014
Project to ensure gas supplies to Astana postponed for cost considerations Project to ensure gas supplies to Astana postponed for cost considerations The construction would require investments of over $1 billion. According to the Ministry of Economic Affairs and Budget Planning, the draft project was deemed as excessively expensive: Oil Minister Uzakbai Karabalin.
07 April 2014
In 2013 Kazakhstan sent biggest volume of crude to Italy In 2013 Kazakhstan sent biggest volume of crude to Italy In 2013, Italy accounted for 27% of Kazakhstan’s crude exports, followed by China (17%), the Netherlands (13%), France (9%), Austria (7%): Oil Minister Uzakbai Karabalin.
07 April 2014
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