60 percent of Kazakhstan's alcohol traffic in shadow
60 percent of all the alcohol consumed in Kazakhstan comes from the shadow market.
Kazakhstan to introduce mandatory real estate insurance schemes
The insurance schemes will be administered by the government-owned non-for-profit State Fund for Real Estate Insurance.
Concept to expand Karachaganak oil project may be drafted before year end
It’s a project that clearly proves that substantial investments into Kazakhstan-based oilfields can and have been recouped: Oil and Gas Minister.
Microsoft announces $40b share buyback
Microsoft announced a new $40 billion share buyback on Tuesday as part of an effort by the transitioning US tech giant to return more cash to stockholders.
Crude production at Kashagan expected at 8 million tons in 2014: Oil and Gas Minister
Mr. Karabalin also elaborated that the Caspian Pipeline Consortium (CPC) would be able to handle the increased volume of crude.
Shanghai free trade zone will deal a blow to Hong Kong: Li
Asia's richest man Li Ka-shing warned that Shanghai's new free trade zone will have a "big impact" on Hong Kong, urging the city to up its game to avoid losing out.
Kazakhstan’s future is closely linked to Russia and China: Kazakhstan’s Central Bank Governor
These countries’ currencies are to play a greater role in Kazakhstan’s foreign trade as compared to the role of the US Dollar, he believes.
Foreign inflows fuel Sri Lanka recovery: central bank
Sri Lanka's economy grew 6.8 percent in the second quarter, up from 6.0 percent last year thanks to foreign cash inflows which helped a recovery.
Commercial production of 75 000 barrels a day at Kashagan to start early October
The maximum production level at Kashagan is 1.5 million barrels a day if the development plan is approved: Oil and Gas Minister.