Kazakhstan needs to quintuple GDP to join developed nations Kazakhstan needs to quintuple GDP to join developed nations Kazakhstan will enter the list of competitive countries if the per capita GDP reaches $60 thousand.
01 December 2013
Kazakhstan among Top 20 countries by inflow of FDI Kazakhstan among Top 20 countries by inflow of FDI In 2012 the gross inflow of FDI to Kazakhstan reached the record high of $28.8 billion.
30 November 2013
Crisis what crisis? Portugal's richest get richer Crisis what crisis? Portugal's richest get richer Portugal may be mired in a debt crisis, but its 25 richest people got 16 percent wealthier in 2013, with fortunes equivalent to nearly 10 percent of the country's GDP, rankings published Thursday showed.
29 November 2013
Russia invoiced $90 million for Proton-M crash in Kazakhstan Russia invoiced $90 million for Proton-M crash in Kazakhstan Kazakhstan has sent Russia a $90 million bill for the Proton-M carrier rocket crash at Baikonur in Kazakhstan.
26 November 2013
Pacific faces big economic losses from climate change: ADB Pacific faces big economic losses from climate change: ADB The Pacific region faces serious economic losses due to climate change and it is critical that nations causing the problem step in to help, the Asian Development Bank said Tuesday.
26 November 2013
Astana to see new tourism facilities worth $250 million for EXPO-2017 Astana to see new tourism facilities worth $250 million for EXPO-2017 December 20 Astana would be hosting a conference focused on specific suggestions to develop tourism in Astana as part of preparation for EXPO-2017.
25 November 2013
China sniffs out EEurope investment opportunities China sniffs out EEurope investment opportunities Chinese Prime Minister Li Keqiang arrives in Romania on Monday ahead of a summit with 16 Central and Eastern European leaders keen to woo investment from the world's number two economy.
25 November 2013
Eurozone warns Spain, Italy to deliver on commitments Eurozone warns Spain, Italy to deliver on commitments The eurozone Friday warned five countries led by Spain and Italy to deliver on promises to hit deficit and debt targets in national spending plans next year.
24 November 2013
iPhone maker Foxconn invests $40 million in US iPhone maker Foxconn invests $40 million in US Taiwan's Foxconn, the maker of iPhones, iPads and other electronics in China, said Thursday it would invest $40 million in the United States to ramp up manufacturing of high-end products.
22 November 2013
Kazakhstan’s President meets Central Bank Governor Kazakhstan’s President meets Central Bank Governor The country’s international reserves, including assets of the National Oil Fund [accumulating windfall oil revenues], increased by 7.4% since the start of the year, reaching $92.4 billion: Central Bank Governor.
21 November 2013
Kenes Rakishev to present promising start-up with $50 thousand Kenes Rakishev to present promising start-up with $50 thousand Kazakh businessman Kenes Rakishev will present $50 thousand to the entrepreneur who can persuade him in the viability of the business idea.
20 November 2013
20-thousand Kazakhstan Tenge bill unveiled Icon 20-thousand Kazakhstan Tenge bill unveiled The design of a commemorative 20-thousand bill was presented to journalists.
19 November 2013
Kazakhstan's GDP grows 5.7 percent Kazakhstan's GDP grows 5.7 percent Kazakhstan's GDP in January-October 2013 has grown 5.8 percent in real terms.
18 November 2013
JPMorgan to pay investors $4.5bn over mortgage bonds JPMorgan to pay investors $4.5bn over mortgage bonds JPMorgan Chase said Friday it had reached a deal with 21 institutional investors to pay $4.5 billion for losses on mortgage securities it and Bear Stearns sold before the financial crisis.
16 November 2013
Yellen says Fed stimulus must continue Yellen says Fed stimulus must continue Janet Yellen, the White House nominee to lead the Federal Reserve, said Thursday that the central bank's stimulus must remain in place to bolster an economy where growth remains fragile.
15 November 2013
Euro "too strong", says European Commission's Tajani Euro "too strong", says European Commission's Tajani European Commission Vice President Antonio Tajani said Wednesday the euro was overvalued and urged the zone's central bank to help exporters by weakening the single currency.
14 November 2013
Pension assets to be fully consolidated in the Q1 2014: Central Bank Governor Pension assets to be fully consolidated in the Q1 2014: Central Bank Governor Kazakhstan’s President Nursultan Nazarbayev instructed the Government late January to merge all the pension funds into a single government-owned entity.
13 November 2013
China Singles Day online shoppers spend almost $6 bn China Singles Day online shoppers spend almost $6 bn Chinese shoppers spent a record 35.0 billion yuan ($5.7 billion) at the country's biggest online marketplaces on Singles Day, their operator said Tuesday, after the festival created by e-tailers to persuade the loveless to console themselves with retail therapy.
13 November 2013

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