TeliaSonera exiting Kazakhstan’s market
The decision to quit the region is driven by the Company’s efforts to ensure a greater value for the shareholders, clients and employees.
Kazakh central bank intervenes in FX market to stabilize tenge
The National Bank of Kazakhstan has made exchange rate interventions to stabilize the tenge.
Olzhas Khudaibergenov on currency interventions
Wednesday, September 16, the country’s Central Bank had to resort to currency interventions worth $114 million to sustain the tenge exchange rate.
Facebook working on long-sought 'dislike' button
Facebook, pressed for years by users to add a "dislike" button, announced Tuesday it was working on the feature and will be testing it soon.
World Bank warns of more turbulence from Fed tightening
The World Bank warned that monetary policy tightening by the Federal Reserve could spur a "perfect storm" of threats to growth and financial stability in developing economies.
IMF chief urges Africa to spend responsibly
IMF chief Christine Lagarde urged African governments to spend responsibly as she visited Liberia, a week after it was declared free from an Ebola epidemic which has shattered its economy.
CEO of KazMunayGas Exploration Production resigns
General Director of KazMunayGas Exploration Production JSC (KMG EP) Abat Nurseitov has resigned from his post.
Thousands queue at burrito house Chipotle for jobs
Another fast-food job wouldn't seem like a great change, so Marisol was one of thousands around the country who lined up for an opening at a Chipotle restaurant.
Apple presses deeper with new iPhones and more
There were new iPhones of course. But Apple also moved into the living room with an upgraded streaming TV box and unveiled an iPad Pro aimed at reviving the flagging tablet market.
WHO country office to cost Kazakhstan $2 million a year
Majilis, the country’s lower chamber, approved of the agreement with the WHO to launch a country office in Almaty.
Kazakhstan still planning to resume production at Kashagan late 2016
Kashagan oil project in the Caspian offshore will be economically viable with oil rices standing at $100 per barrel, a Tengrinews.kz journalist reported earlier, citing Sauat Mynbayev, KazMunaiGas Chairman of the Board.
Microsoft buys cloud computing security startup
Microsoft said it bought an Israel-based cybersecurity startup specializing in defending programs and content in the cloud, as it expands offerings for the enterprise.
Fast food, fast jobs: Chipotle to hire 4,000 in one day
Chipotle, the burrito chain whose rocketing growth has fast-food giants like McDonald's reeling, is not slowing down: it plans to hire 4,000 new staff in one go on Wednesday.
Seven steps advised to Kazakhstan government after devaluation of national currency
National Fund for Development of Financial Services presented a seven-step plan for Kazakh government to implement amid tenge depreciation.
Devaluation necessary for restoration of Kazakh currency market: Bolat Zhamishev
Chairman of the Development Bank of Kazakhstan Bolat Zhamishev about devaluation of the Kazakh tenge and outlook of Kazakhstan's economy.
Teachers to get 50% salary raise in 2016: Kazakhstan Minister of Education and Science
Teachers’ salaries will be increased by 20-50% depending on the qualifications.
We can do without foie gras and luxury cars: President Nazarbayev
According to him, “the most important thing is that we have enough food to sustain ourselves. We have enough clothes, a shelter above the head, fossil fuel to heat the houses”.
Tesco sells South Korean unit for more than £4 bn
Troubled British retail giant Tesco agreed Monday to sell South Korean unit Homeplus to a consortium led by private equity firm MBK Partners for more than £4.0 billion.
Kazakhstan’s President Nursultan Nazarbayev on recent hike of prices for petrol
These are mere economics laws: we have to keep prices equal to those of Russia as we have no customs barriers and the movement of goods across the border is free: President Nazarbayev.
IMF chief says 'extremely encouraged' by Ukraine reforms
IMF chief Christine Lagarde heaped praise on Ukraine's reform efforts in a visit to Kiev following a deal to restructure the country's debt burden.