China's Huawei partners with Paris SG football club China's Huawei partners with Paris SG football club Chinese tech giant Huawei has signed a three-year sponsorship deal with Paris Saint-Germain, one of Europe's biggest football clubs, the French club announced Saturday.
05 April 2014
Over 100 workers go on strike demanding higher wages in Western Kazakhstan Over 100 workers go on strike demanding higher wages in Western Kazakhstan More than one hundred employees of Techno Trading LLP refused to continue working in demand of an increase in wages.
04 April 2014
KazMunaiGas quits White Bear KazMunaiGas quits White Bear JSC KazMunaiGas (KMG) decided to quit White Bear project.
04 April 2014
Kyrgyzstan cuts electricity supply to Kazakhstan Kyrgyzstan cuts electricity supply to Kazakhstan Ministry of Energy and Industry of Kyrgyzstan announced that they will not export electricity to Kazakhstan in 2014 due to the shortage of water in the largest water reservoir of the country Toktogul.
04 April 2014
Novartis replaces top Japan executives over drug trial scandal Novartis replaces top Japan executives over drug trial scandal Swiss pharmaceutical giant Novartis said Thursday it was replacing the top executives at its Japanese unit over allegations the division hid serious potential side effects of leukaemia treatments from regulators.
03 April 2014
Lufthansa flights to return to normal Saturday: CEO Lufthansa flights to return to normal Saturday: CEO German airline Lufthansa, which is currently battling the biggest strike in its history, expects normal services to be up and running on Saturday, its chief executive said.
03 April 2014
Mining giant BHP mulling demerger Mining giant BHP mulling demerger Global mining giant BHP Billiton is considering spinning-off its aluminium, bauxite and nickel assets into a single entity that would be worth about Aus$20 billion ($18.5 billion), reports said Wednesday.
02 April 2014
NPLs growing in Kazakhstan regardless of measures to reduce the figure: Fitch Ratings NPLs growing in Kazakhstan regardless of measures to reduce the figure: Fitch Ratings As of the end of 2013, the share of NPLs throughout the country’s banking sector stood at 31.2%. According to Fitch Ratings, in February the indicator grew to 33%.
02 April 2014
Japan shoppers see first sales tax rise in 17 years Japan shoppers see first sales tax rise in 17 years Prices rose across Japan Tuesday as a controversial sales tax rise came into effect, with everything from beer to washing machines costing more, sparking fears a drop in consumer spending will derail a nascent economic recovery.
01 April 2014
About 20 000 jobs to be created to cater to EXPO-2017 About 20 000 jobs to be created to cater to EXPO-2017 We are having a feasibility study completed. Within two weeks we will get the findings, including cost estimates: Head of Astana Expo-2017 National Company.
01 April 2014
Merger of pension funds to form a single entity complete in Kazakhstan Merger of pension funds to form a single entity complete in Kazakhstan Altogether, there are 9.7 million accounts, with the overall savings amount standing at $21.3 billion.
31 March 2014
Kazakhstan’s 2013 external debt figure grows from $136.922 billion to $148.753 billion Kazakhstan’s 2013 external debt figure grows from $136.922 billion to $148.753 billion The Central Bank elaborated that the debt of the country’s banking system decreased for the period by 17.5% down to $11.160 billion.
31 March 2014
S.Korea's Samsung SDI absorbs materials unit S.Korea's Samsung SDI absorbs materials unit Samsung SDI, the world's largest smartphone battery maker, said Monday it would absorb an affiliate producing electronic chemical materials, in the latest restructuring of the giant Samsung Group.
31 March 2014
Italian firm wins $1.2 bn Lima metro contract Italian firm wins $1.2 bn Lima metro contract Italian industrial giant Finmeccanica on Friday said it had won a $1.2 billion (873 million euro) contract for building and operating unmanned metro lines in Lima.
30 March 2014
BlackBerry posts fresh losses, but sees upside BlackBerry posts fresh losses, but sees upside BlackBerry reported fresh losses Friday but offered some reasons for optimism as the smartphone maker struggles to escape from a death spiral.
30 March 2014
Taiwan's Hon Hai profit up 12.7% in 2013 on iPhone demand Taiwan's Hon Hai profit up 12.7% in 2013 on iPhone demand Taiwan tech giant Hon Hai Precision, the world's largest contract manufacturer for electronics, saw its net profit rise 12.7 percent on-year in 2013, bolstered by demand for Apple's new products.
29 March 2014
McDonald's entering Kazakh market McDonald's entering Kazakh market A McDonald's in Almaty, the biggest city in Kazakhstan, is to be launched May 1 on Arbat, the main pedestrian zone. The fast food outlet in Astana is to be launched June 1 in Khan Shatyr shopping mall.
28 March 2014
Fuel prices to remain unchanged in Kazakhstan until mid year: Oil Minister Fuel prices to remain unchanged in Kazakhstan until mid year: Oil Minister According to him, even if they have to work incurring certain losses, the KMG National Oil Company will be maintaining the prices at the declared level regardless of the marketing economy rules.
28 March 2014
Alcohol ads ban: nearly 100 websites closed in Kazakhstan Alcohol ads ban: nearly 100 websites closed in Kazakhstan 92 websites have been banned by Kazakhstan courts for violating the law prohibiting advertisement of alcohol.
27 March 2014

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