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Without coordination of prices with Russia Kazakhstan won’t tackle fuel shortages: Helios According to the Company’s Marketing Director, the only economic solution could be more favorable conditions for import of fuel as the domestic production capacities cannot meet the demand for high-octane fuel.

24 August 2011

Financial Ombudsman Service to emerge in Kazakhstan shortly The Service will facilitate a professional talk between a bank and its borrower towards settling disputes, lowering pressure on courts: Halyk Bank Chairperson of the Board Umyt Shayakhmetova.

23 August 2011

People’s IPO calls for legislation amendments To facilitate the IPO Program, some laws should be amended, notably on subsurface use, railways transport, on power industry, on state-run property, on Samruk-Kazyna Sovereign Wealth Fund and some others: Economy Minister.

23 August 2011

Kazakhstan to run a large-scaled campaign to raise financial awareness of population at large According to the PM, the People’s IPO Program should reach out to as many common people as possible.

23 August 2011

Under the People’s IPO Program shares of national companies will be offered at market value We’ve chosen the best timing: the companies are not overvalued at the present time: Minister of Economic Development and Trade

23 August 2011

Ministry of Industry and Trade refutes that negotiations are under way with South Korea on constructing a nuclear power station August 22 a number of Kazakhstan’s media quoted KazTag Agency’s report that allegedly Kazakhstan is negotiating with KEPCO on uranium production and construction of a nuclear power plant.

23 August 2011

KazMunayGas announces H1 2011 results The Company accounts for 65% of overall oil transportation, 100% of gas transportation, 50% of tanker transportation in Kazakhstan. 100 per cent of the Company’s shares belong to the National Sovereign Wealth Fund Samruk-Kazyna.

23 August 2011

No petrol price hikes in September: Ministry of Oil and Gas August 19 Tengrinews.kz quoted KazTag Agency’s report that Kazakhstan’s Government planned to raise retail price ceiling for fuel by 12-14% starting from September 1.

22 August 2011

President Lee Myung-bak of South Korea to arrive in Kazakhstan August 24 Astana, Kazakhstan’s capital city, is also to host a Kazakh-Korean business forum.

22 August 2011

TENGRI LIFE

TENGRI TRAVEL

6-kilo carp was caught in Astana An Astana resident has caught a 6-kilo fish at the Grebnoy Canal in the centre of the city.

22 August 2011

Grain exports potential stands at over 10 million tons According to Agriculture Minister, the government plans to subsidize grain supplies towards Black and Baltic sea ports “to balance the market”.

22 August 2011

Kazakhstan and South Korea negotiating on construction of a nuclear power plant According to an unnamed source, within the two nearest weeks a large-scaled Korean delegation is come to Kazakhstan to set forth a detailed proposal.

22 August 2011

Four members of K2 expedition reached the third camp Four participants of the international expedition to K2, also known as Chogori, have reached the third camp at the height of 7100 meters, in spite of the snow and strong wind.

21 August 2011

President Nursultan Nazarbayev to visit Brunei According to Foreign Minister of Brunei, major vectors for cooperation could be grain and flour exports from Kazakhstan, oil and gas projects, green technology, as well as healthcare and Islamic banking.

20 August 2011

Preliminary results of Senate election Preliminary lists of the new Senators have been made available.

20 August 2011

PM Massimov promises to look into the issue of blocked access to LiveJournal Kazakhtelecom National Telephone Operator told in its Twitter account that “blocking the access is not in line with the Company’s policy. There is no benefit for the Company”.

20 August 2011

Kazakhstan’s PM Karim Massimov meets Minister of Industry and Trade Viktor Khristenko of Russia The sides discussed issues related to the Common Economic Space of Russia, Kazakhstan and Belarus.

20 August 2011

Kazakhstan expecting a bumper grain harvest With favorable weather conditions in August and September the grain harvest can exceed the expectations, breaking the 2009 record: Kazakhstan’s Research Institute for Environmental and Climate Studies.

19 August 2011

Turkish Prime Minister Recep Tayyip Erdoğan to come to Kazakhstan According to the Foreign Ministry, he plans to come before the end of the year.

19 August 2011