EU, US reps meet ahead of free-trade talks EU, US reps meet ahead of free-trade talks US Trade Ambassador Michael Froman received his European counterpart Karel De Gucht in Washington Monday, preparing for next month's fourth round of talks on creating the world's largest free-trade area.
18 February 2014
ArcelorMittal Temirtau denies job cuts ArcelorMittal Temirtau denies job cuts ArcelorMittal Temirtau has denied nurturing plans to lay off its employees.
17 February 2014
Kenes Rakishev, new chairman of BTA Bank Board of Directors Kenes Rakishev, new chairman of BTA Bank Board of Directors Kazakhstan businessman Kenes Rakishev has become the new chairman of Kazakhstan-based BTA Bank's Board of Directors.
17 February 2014
ArcelorMittal Temirtau to start axing 2500 workers in spring 2014 ArcelorMittal Temirtau to start axing 2500 workers in spring 2014 ArcelorMittal Temirtau is going to start dismissing 2500 workers of its metallurgical plant in spring 2014: HR Director Andrzej Wypych.
17 February 2014
Single Pension Fund ensures safety of pension savings Single Pension Fund ensures safety of pension savings Deputy Chairman of the JSC GNPF Accumulative Pension Fund Ruslan Erdenayev guaranteed the safety of the pension savings.
17 February 2014
Kazakhstan intends to increase salaries and allowances Kazakhstan intends to increase salaries and allowances Salaries of civil employees working in public institutions and social allowances will be increased in Kazakhstan from April 1, 2014.
16 February 2014
Possible inflation risks: National Bank Possible inflation risks: National Bank In view of the devaluation of the national currency - the tenge, the central bank of Kazakhstan believes that escalation of inflation is quite possible.
15 February 2014
Tenge devaluation must not affect Kazakhstan people negatively: Nazarbayev Icon Tenge devaluation must not affect Kazakhstan people negatively: Nazarbayev The tenge devaluation must not have any negative effect on the people of Kazakhstan, and no manipulation of prices or speculations shall be allowed: Nazarbayev
14 February 2014
Japan's Rakuten paying $900 mn for Cypriot app-maker Japan's Rakuten paying $900 mn for Cypriot app-maker Rakuten, Japan's largest online shopping mall operator, said Friday it would buy Cyprus-based application maker Viber Media for $900 million, as its expands an overseas empire that includes Canadian e-reader company Kobo.
14 February 2014
President Nazarbayev on NPLs President Nazarbayev on NPLs As of December 1, 2013 NPLs stood at 31.4% of the overall banks’ portfolio, 19.7% up against the start of 2013.
14 February 2014
Kazakhstan’s President Nursultan Nazarbayev furious over People’s IPO delays Kazakhstan’s President Nursultan Nazarbayev furious over People’s IPO delays I commission the Central Bank and the Government to come up with a clear vision of the country’s pension system and the national securities market before June 1, 2014: President Nazarbayev.
14 February 2014
PS4 tops list as US videogame console sales climb PS4 tops list as US videogame console sales climb US videogame hardware sales surged in January, with Sony's new-generation PlayStation 4 consoles leading the charge.
14 February 2014
Oil markets tight, IEA warns Oil markets tight, IEA warns World oil markets are unexpectedly tight as growth in advanced economies picks up, the IEA warned on Thursday, urging OPEC to skip a seasonal output drop as stocks touch six-year lows.
14 February 2014
Mining companies applaud tenge devaluation in Kazakhstan Icon Mining companies applaud tenge devaluation in Kazakhstan The Association of Mining and Metallurgical Enterprises is supportive of the tenge devaluation.
14 February 2014
Devaluation may create demand for 20,000 tenge bills in Kazakhstan Icon Devaluation may create demand for 20,000 tenge bills in Kazakhstan The climbing of dollar exchange rate might create a demand for the long awaited release of 20,000 tenge bills in Kazakhstan.
13 February 2014
Devaluation may drive airline tickets up in Kazakhstan Devaluation may drive airline tickets up in Kazakhstan Airlines are adjusting their ticket prices to the new exchange rate of the tenge.
13 February 2014
Dedollarization of Kazakh mentality: Governor of National Bank Dedollarization of Kazakh mentality: Governor of National Bank The National Bank and Government of Kazakhstan are going to press on to dedollarize the economy and discourage Kazakhstanis from relying on the US dollar.
13 February 2014
Kazakhstan’s Oil and Gas Minister on Kashagan and 20% currency devaluation Kazakhstan’s Oil and Gas Minister on Kashagan and 20% currency devaluation Kashagan couldn’t have any influence on revenues that the Government had been planning to gain from crude sales in 2014: Uzakbai Karabalin.
13 February 2014
Devaluation in Kazakhstan: How black was Black Tuesday? Icon Devaluation in Kazakhstan: How black was Black Tuesday? Kazakhstan's central bank released the tenge into a 'managed free float ín February 2011 and this has brought Kazakhstani depositors to loosing 20% of their savings in dollar equivalent.
13 February 2014

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