Kazakhstan and South Korea sign agreement on construction and maintenance of Balkhash thermal power plant
The first two power generating units of the thermal power station are to be commissioned in 2013, with the other two units being placed into operation in 2016.
25 August 2011
Wu Bangguo, Chairman of the Standing Committee of the National People's Congress of China, to come to Kazakhstan
Majilis (lower Chamber) Head of Staff Yergen Doshayev discussed preparations for the visit with Ambassador Extraordinary and Plenipotentiary of China to Kazakhstan Zhou Li.
25 August 2011
Mountain slopes left absolutely treeless by the storms of May 17 and June 27 pose serious threat to Almaty: Mayor
According to him, the clean-up teams working to remove the fallen trees lack tractors and sawmills.
25 August 2011
President Lee Myung-bak of South Korea arrives in Astana
Tomorrow South Korea’s President is expected to have talks with President Nazarbayev.
24 August 2011
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
