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reserves news National Bank Kazakhstan Kazakh gold pension fund Marchenko
Kazakhstan boosting share of gold in gold and FX reserves Kazakhstan boosting share of gold in gold and FX reserves According to National Bank Vice Governor Bissengali Tadzhiyakov, the share of gold in the country’s gold and FX reserves stands at 22% at the moment.
29 January 2013
Current pension funds could be transformed into asset management companies: Central Bank Governor Current pension funds could be transformed into asset management companies: Central Bank Governor According to him, the Government is to hire an assessment company to fairly and independently evaluate the assets so that they could be bought out later on at a fair market value.
29 January 2013
Kazakhstan’s Ministry of Oil and Gas announces 2012 hydrocarbons production figures and 2013 outlooks Kazakhstan’s Ministry of Oil and Gas announces 2012 hydrocarbons production figures and 2013 outlooks In a separate statement the O&G Minister told that this year Kazakhstan would lift the moratorium on developing new hydrocarbons deposits.
28 January 2013
Over 50 million tons of crude pumped via Atasu-Alashankow oil pipeline Over 50 million tons of crude pumped via Atasu-Alashankow oil pipeline Since the pipeline was launched in 2006 the volume of crude has been growing by 20% a year on average.
28 January 2013
LatAm, Europe back free trade, eye strategic alliance LatAm, Europe back free trade, eye strategic alliance European and Latin American leaders have pledged to shun protectionism and boost their strategic partnership to foster free trade and sustainable development based on close international cooperation.
27 January 2013
Music industry finally on road to recovery Music industry finally on road to recovery News that the global music industry has finally turned the corner and is on the road to recovery should help get the annual four-day gathering of many of the world's top music execs at the MIDEM trade fair.
26 January 2013
Kazakhstan Temir Zholy to increase manufacturing 30-fold by 2015 Kazakhstan Temir Zholy to increase manufacturing 30-fold by 2015 In 2008 the volume of railroad manufacturing was totally worth 10 billion tenge and this year in 2012 it made 155 billion tenge: Askar Mamin.
25 January 2013
Banker Zhomart Ertayev lists benefits of a single pension fund Banker Zhomart Ertayev lists benefits of a single pension fund According to him, the measure will provide finances for long-term infrastructure projects that are badly needed.
24 January 2013
Minister of Economic Affairs commenting on single pension fund Minister of Economic Affairs commenting on single pension fund I don’t think there will be literally a single pension fund. The point was to introduce a single system to manage pension accounts: Erbolat Dossayev.
24 January 2013
TENGRI LIFE
TENGRI TRAVEL
Kazakhstan will sow less grain in 2013 Kazakhstan will sow less grain in 2013 Kazakhstan Vice-Minister of Agriculture told about the plans for the sowing campaign of 2013.
24 January 2013
President insists on establishing a single grain holding company President insists on establishing a single grain holding company “In favorable times grain producers want to be self-reliable; and in time of trouble they ask for help, at the same time demanding the government not to intervene”, President believes.
24 January 2013
Nazarbayev urges to define a place for a nuclear power plant Nazarbayev urges to define a place for a nuclear power plant I task the Government with submitting specific suggestions in the H1 2013: President Nazarbayev.
24 January 2013
Kazakhstan Agriculture Ministry suggested fuel prices for sowing campaign Kazakhstan Agriculture Ministry suggested fuel prices for sowing campaign Agriculture Ministry suggests that diesel fuel price for the spring sowing campaign stands at $0.54 per liter for agricultural producers.
23 January 2013
World Bank sees emerging nations leading growth World Bank sees emerging nations leading growth Developing countries, led by China, will remain the main engines of global economic growth in 2013 as Europe and the United States plod along.
17 January 2013
Kazakhstan’s banks struggling to handle local companies’ orders for POS-terminals Kazakhstan’s banks struggling to handle local companies’ orders for POS-terminals Earlier this year the Government introduced a range of liability for businesses unable to accept bank cards.
16 January 2013
Foreign workforce in oil-producing Atyrau oblast slashed by 1/3 Foreign workforce in oil-producing Atyrau oblast slashed by 1/3 As of the start of 2013, the region is home to 212 industrial enterprises that employ foreign workforce.
16 January 2013
Over 500 thousand tourists visited Astana in 2012 Over 500 thousand tourists visited Astana in 2012 522.9 thousand tourists visited Astana last year, including 117.5 thousand people from abroad and 405.4 thousand of people from other regions of the country.
14 January 2013
2012 crude and coal production figures announced 2012 crude and coal production figures announced In 2012 Kazakhstan produced a total of 79.211 million tons of crude, including condensed gas.
14 January 2013
Personal computer sales slip during holiday season Personal computer sales slip during holiday season Personal computer sales slipped at the end of last year, despite the holiday shopping season and the release of new Windows operating software for machines.
12 January 2013
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