Halyk Bank to purchase Kazakhstan-based HSBC subsidiary Halyk Bank to purchase Kazakhstan-based HSBC subsidiary According to the press-release, the deal is subject to approval and is expected to be finalized in 2014.
26 February 2014
Kazakhstan to launch another airline: President Nazarbayev Kazakhstan to launch another airline: President Nazarbayev We are interested in Bombardier’s entering the Kazakh market. In this context we plan to launch Air Kazakhstan airline to perform domestic flights: Nursultan Nazarbayev.
26 February 2014
Max Petroleum may be up for sale Max Petroleum may be up for sale British Max Petroleum Plc, a Kazakhstan-focused oil and gas exploration and development company, may be on the verge of sale.
26 February 2014
Greenpeace accuses P&G over Indonesian forest destruction Greenpeace accuses P&G over Indonesian forest destruction Environmental group Greenpeace on Wednesday accused US consumer goods giant Procter & Gamble of responsibility for the destruction of Indonesian rainforests and the habitat of endangered orangutans and tigers.
26 February 2014
New CEO for BTA Bank appointed New CEO for BTA Bank appointed Magzhan Auezov, a Kazkommertsbank Member of the Board, has been appointed the new CEO of BTA Bank.
26 February 2014
BTA suspends lending operations in the wake of 20% currency devaluation BTA suspends lending operations in the wake of 20% currency devaluation According to the Bank, suspension of consumer lending and mortgage program is a temporary measure.
26 February 2014
KazMunaiGas head on decreasing fuel supplies from Russia KazMunaiGas head on decreasing fuel supplies from Russia Given the domestic prices for fuel the Russian supplies are set to decrease: Sauat Mynbayev.
25 February 2014
Cuban cigar sales up 8 percent in 2013 Cuban cigar sales up 8 percent in 2013 Cuban cigar sales were up eight percent in 2013, reaching $447 million, with strongest market gains in China.
25 February 2014
$4 billion worth of food imported in Kazakhstan in 2013 $4 billion worth of food imported in Kazakhstan in 2013 Kazakhstan imported $4 billion worth of food products last year.
25 February 2014
Bank and law firm employees suspected of sparking anti-bank campaign Icon Bank and law firm employees suspected of sparking anti-bank campaign A lawyer of one of the banks and employees of an Almaty-based law firm may be among those who started the anti-bank SMS-campaign.
25 February 2014
Alliance Bank intends to claim damages from misinformers Icon Alliance Bank intends to claim damages from misinformers Kazakhstan-based Alliance Bank is going to make the misinformers reimburse the losses, caused by rumours about the bank's bankruptcy.
25 February 2014
TengizChevrOil brings payments to Kazakhstan to $15 billion TengizChevrOil brings payments to Kazakhstan to $15 billion TengizChevrOil brought its direct payments into the Kazakhstan budget to $15 billion in 2013.
25 February 2014
GE to hike pro-environment energy research by $10 bn GE to hike pro-environment energy research by $10 bn US industrial conglomerate General Electric said Monday it would boost spending on environmentally friendly energy research by $10 billion by 2020, including on fracking technologies and wind turbines.
25 February 2014
Kazakhmys to increase wages of its workers Kazakhmys to increase wages of its workers Kazakhmys Plc has announced a wages raise for its industrial personnel.
24 February 2014
Largest Kazakhstan companies to increase salaries from April 2014 Largest Kazakhstan companies to increase salaries from April 2014 KazZinc, ENRC and ArcelorMittal Temirtau will increase their employees' wagas by 10% starting from April 2014 because of the 20% tenge devaluation.
24 February 2014
EIB gives 100 million Euro to Sberbank for SMBs in Kazakhstan EIB gives 100 million Euro to Sberbank for SMBs in Kazakhstan The European Investment Bank (EIB) and Sberbank offer new opportunities for small and mid-sized business of Kazakhstan.
24 February 2014
People ready to confess anything for $500,000: Kaspi Bank Icon People ready to confess anything for $500,000: Kaspi Bank Kaspi bank has received more than 1000 calls from people hoping to get the $500,000 bounty.
24 February 2014
LG to launch new smartwatch this year: CEO LG to launch new smartwatch this year: CEO LG will launch its first smartwatch in 2014, the head of its mobile unit said Monday, tapping into the nascent market for wearable devices seen as the mobile industry's new source of growth.
24 February 2014
Australia not willing to pay Kazakhstan for sick cows Australia not willing to pay Kazakhstan for sick cows Kazakhstan is compelled to bring Australian sick cows supplier through diplomatic channels.
22 February 2014

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