60 percent of Kazakhstan's alcohol traffic in shadow 60 percent of all the alcohol consumed in Kazakhstan comes from the shadow market.
19 September 2013
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.
19 September 2013
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.
18 September 2013
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.
18 September 2013
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.
18 September 2013
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.
18 September 2013
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.
18 September 2013
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.
17 September 2013
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.
17 September 2013
Fitch Ratings on oil production at Kashagan The onset of production is one reason we expect Kazakhstan's economic growth rate to recover after a slight slowdown in 2012: Fitch Ratings.
16 September 2013
Oil prices down after deal on Syrian chemical weapons Oil prices fell in Asian trade Monday after a US-Russia deal on Syria's chemical weapons averted a potential Western military strike on the Assad regime.
16 September 2013
Nissan to begin production in Myanmar: report Japanese automaker Nissan plans to begin producing small cars and trucks in Myanmar with its Malaysian partner as early as this year, the Nikkei business daily.
16 September 2013
Chevron, Transocean settle over Rio oil spill US energy giant Chevron and Swiss-based rig operator Transocean signed a deal with Brazilian prosecutors on Friday to settle lawsuits over an oil spill off the coast of Rio de Janeiro.
14 September 2013
Twitter announces IPO plans, on Twitter Twitter announced Thursday, in a tweet, that it has submitted papers for the most hotly anticipated stock offering in the tech sector since Facebook's last year.
13 September 2013
Kazakhstan experts comment on fuel deficiency probability Earlier The Voice of Russia reported that Kazakhstan might face a deficit of high-quality petrol in autumn of 2013 because of the delays in the launch of the processing of Kazakhstan oil in China.
13 September 2013
Bailouts still key issue as eurozone finance ministers meet Eurozone finance ministers meet in calmer times Friday but still need to ensure bailed-out member states meet their targets amid growing speculation some will need more help to get back on track.
13 September 2013
International Paper to close plant, cutting 1,100 jobs International Paper said Wednesday it would close an Alabama plant amid falling paper demand as US consumers switch to online alternatives.
12 September 2013
Transneft ready to ship Kashagan crude However, we need to know the anticipated volume and make sure the supplies are stable: Transneft’s spokesman.
12 September 2013
US bailout 5 years ago avoided catastrophe: Treasury The US Treasury said Wednesday the government's massive response to the economic crisis five years ago paid off, avoiding a catastrophic breakdown of the financial system.
12 September 2013
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