Central Bank Governor believes it’s time local banks turned to external borrowing Central Bank Governor believes it’s time local banks turned to external borrowing He reminded that the banking sector’s debt reached its peak back in 2007 making up $47 billion, whereas today the figure stands at $10.6 billion.
06 March 2013 14:21
Five Kazakhstan citizens on Forbes richest list Five Kazakhstan citizens on Forbes richest list Forbes magazine included 5 Kazakhstan citizens in the updated list of the richest people on the planet.
06 March 2013 12:29
GDP growth forecast at 6-7 percent in Kazakhstan in 2013-2017 GDP growth forecast at 6-7 percent in Kazakhstan in 2013-2017 The economy growth has to be more stable in 2013: Kazakhstan Minister.
05 March 2013 13:58
Economic gloom overshadows euro finance ministers meeting Economic gloom overshadows euro finance ministers meeting Eurozone finance ministers meet Monday against the backdrop of a weak economy and increased political uncertainty after inconclusive polls in Italy, the group's third largest economy.
04 March 2013 11:41
$85 billion austerity hit lines up US economy $85 billion austerity hit lines up US economy An $85 billion dollar austerity time bomb was to detonate against the US economy Friday, as President Barack Obama blamed a Republican refusal to compromise for a failure to avert "dumb" spending cuts.
02 March 2013 11:55
Royal Bank of Scotland posts 2012 net loss of £5.971 billion Royal Bank of Scotland posts 2012 net loss of £5.971 billion State-rescued Royal Bank of Scotland said Thursday that net losses almost tripled to £5.97 billion in 2012, when it was hit by compensation payouts, Libor rate-rigging fines and a vast accounting charge.
28 February 2013 16:48
Australian government pension fund dumps tobacco Australian government pension fund dumps tobacco The Australian government's pension fund for public servants Thursday announced it would sell off its Aus$222 (US$228) million holdings in tobacco companies following the nation's move towards plain packaging.
28 February 2013 14:22
Kazakhstan government to pay $3 million for seeds Kazakhstan government to pay $3 million for seeds Seeds deficiency is expected in the amount of 80 thousand tons this year in Kazakhstan: Agriculture Minister.
28 February 2013 12:24
To launch the single pension fund, amendments are to be introduced into 22 laws and 8 Codes: Central Bank Governor To launch the single pension fund, amendments are to be introduced into 22 laws and 8 Codes: Central Bank Governor Should the amendments be passed in the autumn only, no consolidation could take place.
27 February 2013 18:14
Kazakhstan Religious Affairs Agency to receives 1 billion tenge in 2013 Kazakhstan Religious Affairs Agency to receives 1 billion tenge in 2013 The Agency's budget for 2013 grew 1.5-fold comparing to 2012: executive secretary.
26 February 2013 12:24
China ratings firm warns of global 'currency crisis' China ratings firm warns of global 'currency crisis' Rising sovereign debt levels in advanced economies are spawning a crisis that threatens to topple the dollar and other reserve currencies.
25 February 2013 18:01
Almaty's budget revenues made $2 billion in 2012 Almaty's budget revenues made $2 billion in 2012 Almaty bolstered its position as the country’s financial center: Almaty Akim.
25 February 2013 15:14
Kazakhstan to switch to per-second calls billing by 2014 Kazakhstan to switch to per-second calls billing by 2014 The Kazakhstan program's last step involves cutting the billing increment for for international calls from 10 seconds to 1 second.
25 February 2013 11:42
Britain loses AAA rating in Moody's downgrade Britain loses AAA rating in Moody's downgrade Moody's stripped Britain of its triple-A debt rating Friday, saying government debt was still mounting and that growth was too weak to reverse the trend before 2016.
23 February 2013 11:34
Kazakhstan students owe billions to the state Kazakhstan students owe billions to the state Kazakhstan Financial Center is reclaiming the loans issued by the state in 1999-2005 in court.
21 February 2013 14:49
Yessimov voices expenses of Year of Culture in Almaty Yessimov voices expenses of Year of Culture in Almaty 5.4 billion tenge ($36 million) were spent to hold the Year of Culture events in 2012 in Almaty.
21 February 2013 11:51
State to pay for exterminated sick cows in north Kazakhstan State to pay for exterminated sick cows in north Kazakhstan The state agreed with KazAgroFinance on reimbursement of costs to the Kazakhstan farms, including the expenses for food and care, as well as the salaries of the farms' employees.
19 February 2013 19:13
Merger of Kazakhstan’s pension funds planned since 2010 Merger of Kazakhstan’s pension funds planned since 2010 A foreign company interested in the local market suggestion to merge all the Kazakhstan pension funds into one and transfer it to foreigners for management was made in 2010: source.
19 February 2013 13:23
Almaty drivers fined 1 billion tenge in 2 months Almaty drivers fined 1 billion tenge in 2 months Over 98 thousand violations of traffic rules were registered and 95 thousand tickets worth over 1 billion tenge were issued in Almaty since December 2012.
18 February 2013 10:03

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